OK
So here's a small selection of recently released facts which are worth
scrutiny. You know. Sit back. Light up a cigarette if that is your
thing. Allow a bigger picture to take shape. To emerge.
First
up, this week's super rich stuff. Here are the bare, gold plated bones. As
of last week, the curtain has been drawn back. 26 multi billionaires
now own the same share of the world's wealth as the poorest four
billion. Planet earth is now home to 2200 billionaires and their
collective treasure trove goes up by $2.5 billion a day.
Yeah.
I know. Regular readers will know this is familiar enough turf. A
couple of years ago the same stats showed 85 individuals owned more
than half the world. Now it's 26. I guess in a couple of years time
it will be less than ten.
And
sure, it sucks. Unless mankind finds a way to discover some
collective sanity, the only outcome will be revolutions all the way
from New York to Newport. And it won't be pretty. It never is.
But
the stinking pile of rotting fish nature of these statistics hides a
more subtle point. Think about it. If the super rich of the world are shovelling in $2.5 billion a day's worth of extra treasure, where are they going to
stash their troves. Surely this must be boom time for London, the long
preferred bolt hole for the world's bent politicians and organised
crime bosses. Surely the cost of those mansions in Belgravia must be
rising as fast as the cost of a box of value range corn flakes?
Well.
Actually.....
Well
actually, no it isn't. Over the last year, property prices in
Belgravia, Mayfair and Kensington have fallen by 25%. It seems like
the 0.1% are stashing their cash elsewhere. Ouch. I mean that's got
to hurt. Maybe after all these years, London's three card trick ain't
working any more. And if the dirty money of the world suddenly stops
beating a path to London's door, then what is actually left?
When
Britain lost 90% of its Empire in the twenty years after the end of the war, those cunning boys of the City of London were quick on their
well shod feed. They replaced a hard Empire with a new virtual Empire
which needed neither soldiers nor gunboats to achieve it's ends. They
created a place called 'Off Shore'. An archipeligo of treasure
islands dotted around the world.
Once upon a time to reap the
benefits of an oil field in Nigeria, we would have boots on the ground
and gunships in the bay to oversee the looting. In the virtual
reality of the offshore world, such costly unpleasantness was no
longer required. Instead all that was required was the right kind of
good old boy from the right kind of school to pay a nice fat bribe to
some local type, an lo and behold, all the profits came to us anyway.
To the City. To Jersey. To the British Virgin Isles. And the local
type in question would be shown a red carpeted road all the way to a
nice multi million pound pad in Hampstead or Chelsea and never mind
the nicities of the immigration paper work. A few billion quid earns
you the absolute right not to have to do the paperwork.
Well,
obviously.
And
it has worked very nicely thank you for a good six decades. Until all
of a sudden it seems to have stopped working. And the gilded mansions
are dropping in price as quickly as a twenty four tonne load of fresh
prawns stuck in a sixty mile traffic jam in Kent.
Attracting
the dirty money of the world was enough to keep
England afloat for over half a century. When you have all those tens
of billions beating a path to your door, well, why bother with vulgar
things like factories and coal mines and ship yards. The idea of
industry was deemed to be so last century, no line of work for good
chaps from good schools looking to make a quick buck.
But
there's a pretty big problem with all this malarky. Basically the
English economy is little more than a huge Ponzi scheme. So long as
the cash pours in, all is tickety boo. No need for factories and all
the boring stuff. Who needs to make money when you can provide a home
for money other people have stolen?
So
long as they keep on bringing their cash..
What
happens when they move on to pastures new? A 25% drop in house prices
at the top end of the market, that's what happens.
In
the post colonial era, the UK has relied on two areas of the country to raise the
cash to pay all the bills. London and the South East of Enland have
surfed the dirty money wave for all it's worth and imported millions
of wide eyed Europeans to do the jobs any self respecting south
easterner wouldn't go near. You know. Teaching and road sweeing and
bin collecting and coffee serving and nursing.
And
the other area? Us, of course. Scotland. The oldest cash cow of them
all, and no matter how hard London has tried, it has never managed to
do an India and rob us right down to the light sockets. We still
generate lots of cash by doing real stuff. You know. Whisky and wind
power and timber and beef and oil and prawns. We actually still do
the exporting thing. Which probably explains why house prices in
Edinburgh have gone up by 10% while Kensington has hit the bricks.
More
to the point, we haven't gone down the road of blaming immigrants for
everything. People with different languages and skin colours kind of
like bringing their talents to Scotland. They find themselves welcome
and appreciated as opposed to being told to fuck off home.
All
of which brings me to fact number two. A Channel 4 news piece from a
food distribution centre in the South East somewhere. An Indian owner
with the world on his shoulders. He points to a forty foot container.
Two years ago it would cost him £400 to ship the container from A to
B. Now? Now it is £800. And why? Because nobody can find enough
people to make it happen. Fork lift drivers and HGV guys and clerks
in the office. He has a bunch of vacancies and no applicants. Why?
Many of his European workers have heeded the word on the street and
duly 'fucked off home'. Leaving no bugger willing to do the work.
Both
of these completely unrelated facts tell the same kind of tale. The
London con trick is unravelling by the day. The super rich are
parking their money elsewhere whilst the aspiring poor are doing much
the same with their ambition and energy. Net result? Violent crime up
20%. Prisons turning into Mad Max and A&E looking like something out of
Vietnam. And every piece of bad evening news is prefaced with the
words '....in England and Wales.'
So
what of the man on the street? What is his or her reaction to this
grinding deline into Christ knows what?
Well
we see it on the news every night. Blame it all on Brussels and immigrants and treacherous bastards guilty of the crime of being young and smart.
Across great swathes of England, the Brexit lemmings are starting
jump and jive on the top of the cliff. When in doubt, scream 'Fuck
you' at the top of your voice. All of sudden we seem to be hearing a
lot about the good old days when we came out on the winning side of
world wars. Who gives a shit if things get bad? Bring it on. Eating
whale meat is a price worth paying so long as it wipes the smiles of
the faces of all those young people with their fancy coffees and their Nig Nog friends.
And
Germany is the bad guy again. Retro, or what!
The
polls are telling a story which is impossible to ignore. The English
are losing the plot and starting to yearn for a return to Spitfires
in the sky and white faces in the corner shop. And if that means
burning everything down, then fuck it, let it burn......
The
English are starting to look a lot like the mate who always gets into
a scrap once they get pissed. You know the type. We all know someone
like that. And eventually you have to start ignoring their Friday
night calls. Not worth the hassle. Oh, they are right as rain where
they're sober... But once they get a few pints down their neck.....
Nah. Not worth it. Best avoided.
Thankfully
the rest of the world can see the difference. They can see clearly
enough we Scots are not going down the road of Spitfires and hating
Germans and brown people. We have their sympathy. And they wonder why on earth we
don't just cut the cord and get ourselves as far from the demented
cliff edge lemmings as we can.
And
you know what? They're absolutely right.
Jade , Mark tells it like it is I have been a visitor to his site for a while and there is no bovine excrement pushed by him , I applaud and salute his endeavours in his blog and his foodbank , the guy is a STAR
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