The UK’s failure to balance regulation, oversight, and planning is highlighted by insane plans to dig a non-economic quarry in the centre of a prosperous village with no upside except to prioritise shareholders over residents.
Up in London this morning I had a chat with a Fox. He smiled as we chatted about Davos on Drugs, but wasn’t interested in the appalling state of UK water infrastructure – but we should be! How has it happened – political failure writ large.
While the US is on holiday, its maybe time to consider the biggest threat to market-political stability in 2024 – the US electoral cycle. It’s a pretty binary – Trump or anyone else. At present Biden is setting up to lose – anyone else would likely win.