After years of unrelenting growth, the long awaited correction in the Chinese Shanghai Composite Index has taken place with its predictable effect on the rest of the world. How surprised should we be, as it has risen by 150% in one year and has now lost 43% of its value since June?
China, for their own judicious reasons, has been overstating its meteoric growth for the past ten years and, as we all know, the climb to be the ‘largest economy on earth’, is beset with obstacles. Continue reading
In all likelihood, on September 12th, Jeremy Corbyn, the cheerleader of the Left and Trotskyites, will be voted, overwhelmingly, as leader of Her Majesty’s Shadow Government without even needing to go through a second round contest. He is an unashamed hard line Socialist and it is evident that he appeals to the Left Wing supporters in the Labour Party who have scant regard for electoral popularity or, in fact, the reasons why the Labour Party won three notable Elections in the past. Continue reading
Some of Greg Clark’s (Communities Secretary) initiatives to give landlords the power to evict illegal immigrants makes a good deal of sense since if you are involved in this debacle life can be ‘hell’ in trying to get vacant possession back again.
This is consistent with the Tory governments cleansing of ‘red tape’ which the previous Labour administration have shown a great ability to ‘spew out’. Continue reading