Germany is overplaying its hand, not for the first time in its turbulent history, and will start to pay a price. Like a calvinist pastor it lectures on the morality of sticking to agreements, paying debts and reforming wayward habits. Very good as a lecture or a sermon. But nonsense when it flies in the face of […]
Politicians do not like to talk about the fragile nature of the UK’s Economic Recovery. Yet it remains rooted in borrowing, asset inflation, housing costs which are out of control and a housing shortage which continues to grow. It is consumption based in a country which no longer makes things for shoppers to buy, so […]
BBC News – Ukraine: UK and EU ‘badly misread’ Russia Committee chairman Lord Tugendhat said: “The lack of robust analytical capacity, in both the UK and the EU, effectively led to a catastrophic misreading of the mood in the run-up to the crisis.” The above is taken from the BBC news website and refers to […]