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Thursday, 3 September 2015

China and the FTSE 100

Despite the bad times in China that are rocking markets around the world, the UK FTSE 100 share index is currently up 2.11%. It seems like it wants to recover lost ground but is being held back.

My own view is that what is happening in China is deadly serious and we are heading for another huge crash that, especially for the average Chinese, will make the Wall Street Crash of 1929 seem tame. This could result in revolution in China and real turmoil over there. We will not come out of this unscathed. The world is just shutting its eyes and pretending it is "business as usual". It is not! 

The age of low cost imports from China is gradually ending and the world has to adjust. No doubt sweat shops in other poorer countries will replace China, but personally I hope it means more real manufacturing in the EU and USA.  At the moment almost everything you buy is "made in China".

Wednesday, 2 September 2015

Mr Cameron

Yet again Mr Cameron talks out of his backside WRT refugees. We should be doing our part alongside the rest of the EU to help genuine refugees. Does he REALLY expect the rest of the EU to be on his side when thinking of changes ahead of the referendum? He is doing everything to alienate most EU countries.

Tuesday, 1 September 2015

More spooking by China

This afternoon the FTSE 100 share index is down by around 3.5%. The main reason is weak economic data from China. The markets are getting clear signals that China's economy is far from healthy and this is well and truly spooking the markets. It could still fall further in later trading.

More stroke artifacts

Yet another stroke artifact seems to be an inability to spot spelling mistakes as easily as before. Sometimes it takes me ages to think how a word is spelt (or is it spelled?). Often it is hours (or days) later that I notice the mistake! In writing this short piece I made at least one mistake whilst writing it.

Monday, 31 August 2015

Singing for the UK Prime Minister

This evening we are off to a concert in Ely Cathedral and this reminded me of the occasion many years ago when my wife was singing a choral concert in the same venue when the Prime Minister of the day, John Major, turned up! He was surrounded by bodyguards and wanted to just be "ordinary" but the committee insisted he got front row seats! His daughter was playing in the orchestra.

The Cambridgeshire Choral Society starts rehearsals for the new season later this month. You are welcome to join. Men are especially welcome.

House quiet again

All the grandchildren have now gone home and the house is quiet again. It was lovely to have seen them all in the last 10 days. Having them is great, but we do get tired these days! Would I have it any different? No. We love them all.

Sunday, 30 August 2015

Blair - oh, DO shut up

As if anybody would pay good money to hear what this "left wing" (so called) politician has to say. He is rumoured to earn £150k for just one after dinner speech.

Yet again he is telling us all that Jeremy Corbyn is unelectable. At least Mr Corbyn has guts. No, Mr Bliar, shut up - you had your chance and showed your true colours later. I am afraid I trust Mr Corbyn a lot more than you. Who can say what the electorate may want in 5 years' time? I have not voted Labour for several years but like what Mr Corbyn has to say. Maybe a strong left winger and left leaning party is what we will need?