Economics · Modern Times

Grenfell Tower.

Well, it’s been all over the news. The inferno that engulfed a tower block was on the front pages from Bild Zeitung to The Times Of India. I’ve read several interesting posts regarding this incident and one brought me a snippet of news that really made me realize what a parlous state the British economy is in today.

Bill40 spoke of how the costs saved on the renovation job was £5,000. And he put this in bold numbers because the sum was so tiny. I know five grand is a lot to many people, but in terms of building, it’s the equivalent of one euro cent. That is to say, you can’t buy anything with that kind of money.

Not in building renovation, at least. The scaffolding for that job would have cost in excess of £30,000. Five grand is peanuts.

Continue reading “Grenfell Tower.”

A Human Menagerie · The Comfort Zone

The Unthinking Biochemist.

I was in conversation with a wannabe biochemist a few days ago. I say ‘wannabe’ because the gentleman in question is a retired electrical engineer. Well, you can imagine he knows a lot about electrons and a lot less about biochemistry.

That doesn’t stop him from believing in things – and the nature of belief is that it is unexplored and thus the belief is unfounded. In common parlance this is called an illusion. Continue reading “The Unthinking Biochemist.”

Modern Times

Slowly, Slowly, Catchee Monkey.

In the last few days, the Russians have set up so-called ‘safe zones’ in Syria. These are areas where military activity has been quelled and is unlikely to be able to form a resurgence. A question from a friend of min on Facebook asked if the Americans are likely to respect these zones, given the fact that the Americans will be denied any right to fly over them.

If the Americans intrude in one of these safe zones – and please remember they’re supporting the terrorists – then they really have no business there. The Americans aren’t bringing peace, are they? They’re nuisances and aiding other nuisances, and since there are clearly no nuisances in these safe zones, they have no need to be there.

Continue reading “Slowly, Slowly, Catchee Monkey.”

Economics · The Comfort Zone

Reverse Engineering 80/20.

Otherwise Known As The Pareto Principle.

When I was still active on Linkedin, I quickly learned not to use the term ‘80/20’ because too many people dismissed the thought simply because of the term. I’d always approach the problem from the direction of the issue at hand – which, since I was a marketer in those days, usually involved business communications of one form or another. And business communication means making money; a business isn’t there to lose money – and there are all too many who, in the words of Perry Marshall, “you’re taping a $20 bill to every parcel you send out.” We’ll return to that later.

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Mind The Gap! · Modern Times

MiG 25: Codename Foxbat.

Towards the end of the display, four jets flew across the airfield.  Nobody knew what they were! What's more, the Russians weren't telling.
Grainy footage from Domodyedovo military display in 1967.

It is 9 July 1967, the international air display at Domodyedovo military airfield near Moscow. Partly to celebrate the fiftieth anniversary of the 1917 revolution, it was also there to show off what Moscow allowed the public to see. Not that this was ever much. Towards the end of the display, four jets flew across the airfield.

Nobody knew what they were! What’s more, the Russians weren’t telling. Even Russian enthusiasts only had the American magazines for information. Nobody knew what was going on. Some experts thought it an upgraded MiG 23, others something else. Speculation was rife.

Continue reading “MiG 25: Codename Foxbat.”

Hitting The Wall · Reality

Celebrating The Centenary Of Entering WW1.

April 6th 1917 was the day America entered WW1. That was celebrated by the US military with a show of power in the Middle East. An act that shocked me to the core, and believe me, it takes a lot to shock me. Persistent online trolling has not only taught me much, it has given me a thick skin to the ignorant of our world. What it cannot do, however, is give me a skin thick enough to survive an exploding cruise missile.

Because that is what America did this morning when it aided their troops in Syria. The Americans destroyed an important airbase which was subsequently stormed by ISIS. (Click here for more.)

A friend of mine posted a comment with a link to an article by Paul Craig Roberts, which had an analysis of the state of play in Syria. Much of what follows will be an expansion of what he writes. You can find the post by clicking here.

Has Trump Surrendered?

Continue reading “Celebrating The Centenary Of Entering WW1.”

A Sideways View · Reality

How The Brexit Was Won.

It wasn't supposed to be like this. It wasn't supposed to happen. Britain was supposed to stay in the Union. A lot of money was spent on keeping Britain in the European Union!
A carnival float depicts British Prime Minister Theresa May with a gun and the writing ‘Brexit’ on it prior to the traditional carnival parade in Duesseldorf, Germany, on Monday, Feb. 27, 2017.

Today, a reluctant but outwardly happy Theresa May will sign and deliver the letter to the European Union that invokes Article 50 of the Lisbon Treaty. This will start the two year process whereby the United Kingdom and Northern Ireland will leave the European Union, the European Free Trade Area and a few other incidental agreements.

It wasn’t supposed to be like this. It wasn’t supposed to happen. Britain was supposed to stay in the Union.

Continue reading “How The Brexit Was Won.”