A Silver Lining (Part 10)

Would it be wishful thinking to hope that that there is a silver lining to the Covid-19 cloud hanging over the world? Every event that brings about change also brings about opportunities. In part 6, I wrote that the world monetary system, following the ending of US Dollar convertibility into gold, had effectively become a …

A Silver Lining (Part 8)

Would it be wishful thinking to hope that that there is a silver lining to the Covid-19 cloud hanging over the world? Every event that brings about change also brings about opportunities. Sustainability, such a difficult word, yet one that encroaches on all forms of human endeavour, usually we end up casting sustainability aside on …

A Silver Lining (Part 7)

Would it be wishful thinking to hope that that there is a silver lining to the Covid-19 cloud hanging over the world? Every event that brings about change also brings about opportunities. Taxation, that word we all hate, looms hard on the horizon. We are all aware that the Government has embarked on some radical …

A Silver Lining (Part 6)

Would it be wishful thinking to hope that that there is a silver lining to the Covid-19 cloud hanging over the world? Every event that brings about change also brings about opportunities. 1971 brought a major change to the world monetary system. Before 1971 the world had a clearly asset based monetary system, even if …

A Silver Lining (Part 5)

Would it be wishful thinking to hope that that there is a silver lining to the Covid-19 cloud hanging over the world? Every event that brings about change also brings about opportunities. International trade is not driven by ‘trade deals’, but rather by relationships and sound market research.  If we have a unique product that …

A Silver Lining (Part 4)

Would it be wishful thinking to hope that that there is a silver lining to the Covid-19 cloud hanging over the world? Every event that brings about change also brings about opportunities. Globalisation was inherent in Adam Smith’s ‘Wealth of Nations’ in which he made a strong case for ‘Duty Free’ trade. This was made …

A Silver Lining (Part 3)

Would it be wishful thinking to hope that that there is a silver lining to the Covid-19 cloud hanging over the world? The current crisis is only a prelude to the future. A time for us to learn to adapt to probable unemployment rates of 10 to 15% and possibly even 20% or more. No …

A Silver Lining (part 2)

Would it be wishful thinking to hope that that there is a silver lining to the Covid-19 cloud hanging over the world? In this part I will discuss something that has exercised my mind for several years. the possibility of some sort of basic universal income. This is a particularly sensitive subject to politicians as …

A Silver Lining? (part 1)

Would it be wishful thinking to hope that that there is a silver lining to the Covid-19 cloud hanging over the world? All the rather wild fiscal and monetary experiments could lead us to changing our perceptions on long held economic beliefs. Who would have credited a Conservative Government with turning Jeremy Corbyn’s dreams into …

Govt bailouts of companies

While in principle, I do not have a problem to Governments bailing out companies that have been adversely affected by the Covid-19 pandemic. I believe that any Government’s first responsibility is to the people of the country and mass unemployment is not a desirable outcome, however, as with everything, there are caveats. I fear that …