The spuds and garlic are doing well. We’re just planting out the tomatoes. The ginger didn’t take, perhaps I should take the advice of bringing it on indoors, and buying from a speciality shop; they won’t muck around with it so much. The later planted corns, which have been well watered have also been moved on. I also put two raspberry plants in this weekend. The basil is coming on too, obviously, a green house and watering helps. Ash stops slugs.
When does long term trade deficit become a disaster, at what point can we no longer import? I assume we are borrowing foreign currency i.e. selling government bonds to foreigners to fund it today. Our balance of trade deficit is about the same size as the fiscal deficit.
For various reasons I have been considering a branch of probability theory called “the theory of the committee”, it doesn’t seem very popular on google. Maybe it’s an opportunity,
YouGov are asking if their panel believes that Cameron (In), Johnson (Out) & Corbyn (In) are campaigning for the #referendum results that they rally want. Watch out for this, looks like Cameron is higher than expected and Johnson lower than it should be.
“I have just submitted my views on Trident Renewal to Labour’s “Your Britain” site. Trident can’t defend us, it’s not independent, it’s an uneconomic defence asset and funding it denies us defence resources we need. Why don’t you go there and vote it up? “,
Ignorance is not a Virtue! President Obama at Rutgers University, #ignoranceisnotavirtue, not cool to not know what your talking about, immigration is good, walls are bad and stupid, change the world in a progressive direction. (The link is to a youtube post, which has been cut, and posted by the WSJ).
Been reading and writing about the impact of the voiding of the EU/US #safeharbour / #safeharbor agreement, and just published a piece on Pulse, which points at a post on the Citihub blog, called Not so Safe Harbour.
The Register on whether the EU’s new #GDPR is so much a shield as a sieve, since their are a number of opportunities for national parliaments to weaken it. The IT industry has already considered if Judges & Courts can/should be considered to be an insider attack, now we can add national legislatures; there is little doubt that under the current government, any tuning of the GDPR will be pro-business, pro-spy and anti-privacy, although they are currently busy legalising Plod’s ability to break the Misuse of Computers Act. I also reckon they need something that they don’t care about to use up Parliamentary time after the referendum.
Margin Call! Fired man tries to call a cab on his office mobile, which his ex-employer has cancelled. Another reason for ensuring you have your own.
I thought that market interest rates were set by central banks, via their duty as the lender of last resort, special deposits and capital reserve ratios.