2022-08-09
The B of E is forecasting increasing inflation, allied with a recession, and has raised interest rates into the teeth of the oncoming financial storm.
Nigel Farage, discussing the issue for South Bank Investment Research, is (as one might expect) unimpressed.
Now I don't want to endorse any financial commentator but Nigel is essentially a politician and this is a result of the political decisions of the last .... well, half century at least. We may not share his views but he makes some good points.
One can interpret the entrails until the cows come home (as almost everybody undoubtedly will) but taking into account the medical narradigm that the WHO (most likely in alliance with the NHS) still hopes to impose on us this autumn (Monkeypox anybody?), what this really demonstrates is that our global systems (political, economic, monetary, medical, you-name-it) are broken and corrupt beyond repair and things won't change until our "ancien regime" is collapsed and replaced.
The French Revolution showed us that such transformations don't tend to go smoothly, so we ought to start thinking about what sort of government (if any) is really necessary in the future - if we don't do so, somebody else will do it for us their own benefit.
(10 minutes)
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