15/10/18: "When south Africa voted by a two percent majority to leave the British commonwealth...our equivalent of the EU because Whitehall took all trade decisions and provided all mining capital etc at that time..there was profound anxiety for a year.. followed by a massive upswing in stocks and property when Pretoria announced a raft of trade deals.
The UK remained a massive trading partner but America entered the lists strongly as well.
Could history repeat itself?"
16/10/18 "Property is far more liquid in the affordable sector. Change the price of £250k flat by £5000 and it will sell in minutes. Reduce a £20mm Mayfair mansion by 30%, and still no one will look at."
6/11/18 "No one dies of debt anymore. It will be climate change that kills us all.
My only comment is that being in the EU and the euro was never intended to absolve Greece and Italy of the responsibility to sort out their own economic issues. In fact, it was explicitly stated that all countries had to take measures to converge on deficits.
The French and Germans were the first to break the rules and are part of the problem. As is the German refusal to accept that you cannot have a world where all countries run a trade surplus and suppress domestic demand.