Tag Archives: Jeremy Corbyn

The truth that kills you

It started in a setting that I observed and wrote about for the last few years, every now and then the NHS rears its ugly head. My look into this started when the Labour party has created a £11.2 billion fiasco that involved IT. When it comes to governmental IT issues, the UK does not score that high. In addition, when you drain a resource in one path, the other path tends to fade away and there were always politicians who claim they could do better, yet experience for over 20 years have shown me that they tend to remain clueless on the matters at hand. The moment they accept it, they go have lunch with friends who all see opportunities and before he/she knows it, the required scope has grown by 250% and soon thereafter it becomes too large to manage. From there onward it goes from bad to worse and that is how the NHS got sliced and diced (just one of many issues plaguing it).

So when I saw ‘Shock figures from top think-tank reveal extent of NHS crisis‘ (at https://www.theguardian.com/society/2018/may/05/nhs-lowest-level-doctors-nurses-beds-western-world) I was not convinced that the Guardian had even ruffled the top layer of feathers here. So I took a look. Now, the article is linked to the King’s Fund that has the numbers (at https://www.kingsfund.org.uk/publications/spending-and-availability-health-care-resources). The work by Deborah Ward and Linda Chijiko is actually really insightful, and an amazing read. So let’s take a look and they do not disappoint, the start gives us “Although it can be difficult to find data on health care resources on a comparable basis across countries, international comparisons can still provide useful context for the debate about how much funding the NHS might need in future. There is also precedent for this approach – for example, when Tony Blair famously pledged on the ‘Breakfast with Frost’ programme in 2000 to get health spending up to the European Union average“, I have to consider the value of adding flair of Blair, but it is fair enough (or was that flair enough). Yet, data is everything and proper data rules the setting, this paper recognises that and that is a massive victory.

It is important to add (pasted) the following, because it shows the value to a much larger degree.

Alongside the UK, we have chosen to look at a selection of 20 European or English-speaking countries drawn from across the OECD. For some analyses, data was available for only a subset of these countries. For some indicators, data was only available for services delivered by the NHS and did not include resources in the private or voluntary sectors.

List of UK comparator countries in this report

Australia Czech Republic Germany New Zealand Slovak Republic
Austria Denmark Ireland Norway Spain
Belgium Finland Italy Poland Sweden
Canada France the Netherlands Portugal Switzerland

Unweighted averages and medians have been used throughout this report to summarise data for the collection of countries as a whole. The amount of people who relied on weighted data cannot be underestimated on stupidity to some degree, as we get raw numbers we see that weighting would look better, yet less accurate. In this we do recognise the danger we see with ‘each country is given equal importance regardless of the size of its population‘, especially when we consider that non-rural Denmark tends to me limited to Copenhagen, and rural Netherlands (if there is any rural part left) tends to reflect Birmingham population numbers on average, so when we also take into consideration the truth of ‘The median and unweighted average are often very similar across these analyses, though the median will be less affected by extremely low or high values‘, we know that we are looking at something serious, but in the micromanaged parts (bordering rural/non-rural), there will be the sliding of values at times, not on a national scale, but where we consider certain parts per nation do not properly reflect internationally (the Netherlands vs France or Canada vs Germany).

Now we take a look at certain segments. The first one is “Under the Organisation for Economic Co-operation and Development (OECD)’s new definition of health spending, the UK spends 9.7 per cent of gross domestic product (GDP) on health care. This in line with the average among the countries we looked at but is significantly less than countries such as Germany, France and Sweden, which spend at least 11 per cent of their GDP on health care“, Sweden stands out as it has a much more refined social based system, so there is a shift there, yet as Sweden has 3 cities (Stockholm, Goteborg and Malmo), whilst the rest are basically villages some no larger than 1600 people (2 of them), the rest are between 2,500 and 140,000 in size, so in that regards, the population spread required an approach that differs from several nations, especially when you consider a place like Skellefteå and Lulea in the north. To give a little more reflection Skellefteå has 33,000 people over 8.39 square miles another 40,000 live outside of the ‘city’ limits. So it is 3,900 persons per square mile that in comparison against Birmingham that has 10,391 Ashton Villa fans per square mile. Different solutions are needed, and more often it the hardware (ambulance/helicopter) is very different especially in the winter season (in Sweden) where they actually have a white Christmas and often a white Easter as well.

Now we get to what initially was considered an issue by me, but that was because Denis Campbell Health Policy Editor of the Observer messed up a little (likely unintentionally). You see the article in the Guardian gives us “They reveal that only Poland has fewer doctors and nurses than the UK, while only Canada, Denmark and Sweden have fewer hospital beds, and that Britain also falls short when it comes to scanners“, now what is stated here is true, yet by stating “Britain falls short in several ways, especially when we compare ourselves to the Unweighted average. When we do that when it comes to nurses, only Spain, Italy and Poland have a less fortunate situation“, the Unweighted average gives a proper light per 1,000 population and that is where we need to look at the start and the King’s Fund research is doing that splendidly and shows that ‘spendingly’, the UK falls behind. It falls behind more and more is still speculative, yet if the coming 3 Financial years do not show a massive increase (read: change to the NHS approach) that will become a worsening situation for the population requiring nurses, doctors and equipment.

In the reports, I find one thing missing, that is, it would be a good idea to have that, you see, in the part Medical Technology, the CT Scanner part is partially flawed, Australia scores massively high, which is nice as I am on that island, but I also recognise the part missing there, even as there is a proper notice given with ‘Data for the UK only includes MRI and CT units in the public sector, so these comparisons should be treated with particular caution‘, the missing element is not the numbers, but the distance. As Australia is an ‘island’ nearly the size of Europe, it has its own problem, most of Queensland is rural territory and when you consider that Australia is twice the size of India, the amount of technology they have is often a burden on the size of that nation and the mere fact that the 5 large villages (Sydney, Melbourne, Brisbane, Adelaide and Perth) merely represent 65% of the population, the rest is rural.

Yet the more I read on this report, the more I respect it, it clearly shows issues that the NHS UK has, partially due to its own flaws (the report does not show that). It shows at the end that there is space for jobs “There are approximately 100,000 vacancies for clinical staff in the English NHS, and nearly half (49 per cent) of nurses do not think there are sufficient staff to let them do their job effectively“, but it does not show the ‘elitist’ approach the UK has had for decades into allowing transference of other nurses (from other nations) to become part of this workforce, yet the impossible standards that the UK have used to stop that falls short of the shortages and lack of services now thrust upon the people in need of medical services. The second part is seen (at https://improvement.nhs.uk/documents/2471/Performance_of_the_NHS_provider_sector_for_the_month_ended_31_December.pdf), here we see: “Providers have not met ambitious cost improvement targets and it is critical that these plans are recovered before year-end

Providers set out plans to deliver a total of £3.7 billion savings this financial year. The sector has outperformed the wider economy by delivering an implied 1.8% productivity improvement. This was supported by cost improvements of 3.3% – equivalent to £2,139 million of improvements in the first nine months of the year, £97 million higher than the same period in 2016/17“, so how to read that? They need to show better for the same amount, they were unable to deliver and they still got paid? Is that how it reflects, because that is merely the setting of a disastrous business model, in that the elitist overkill hire approach of nurses will never be in a proper setting in that way, or solved which would be nice too.

So when we see: “By Q3 the sector had achieved 65% of the forecast efficiency savings for the year – to meet the forecast outturn, providers will need to significantly step up the delivery of CIPs in the final quarter. However, the same pattern was seen in 2016/17, so there is evidence to support the increased delivery in the final quarter“, which sounds nice, but they would still come short by no less than 20%, so even as we complement them by getting better in the home stretch, they still did not make the delivery they promised and no matter how ‘ambitious‘ the goal is, a goal not met remains a failure. So when we do address the shortages on all levels and the setting on how ‘some top think-tank‘ gives us ‘shock figures‘, it still revolved around a much larger mess that has not been addressed for the longest of times and is still nowhere near up to scrap.

The goods we need we see on page 51, with the setting of ‘Nursing vacancy position‘ we see how most other failures are shown to fail merely due to shortages, the fact that the NHS has 35,000 vacancies also shows on how timelines cannot be met, when we see that in regard to the shortages nurses to the job of 1.4 nurses, there will be more burnout and more delays on every field. Throwing money at it will not really solve the issue, because this is the one field where we see the direct impact of service levels versus the impossible demand of nurses. So when we accept that the nurses program requires a larger overhaul in setting the stage we see that this is te first field where the military are actually becoming part of the solution.

How speculative can we get?

Here is a warning that matters, because the changing of settings is essential to shaping the future. Consider two places the first (at https://www.army.mod.uk/who-we-are/corps-regiments-and-units/army-medical-services/queen-alexandras-royal-army-nursing-corps/) where we are introduced to Queen Alexandra’s Royal Army Nursing Corps (QARANC), as well as the recruitment (at https://apply.army.mod.uk/roles/army-medical-service/army-nurse). Now consider that the army is charged with the setting of training all applicant nurses to serve the NHS. So immigrants and optionally their children get a short access path to serve the UK on medical terms and it comes with complete processed nationality (after initial screening is passed). So families get the option to become British and part of the society they moved to. Now, this will not always work, yet if you see a 35,000 shortage and you get to lower that by 1,000 each year? Let’s not forget that the shortage is not going away any day soon, so any approach we can take we should consider. Now this is not for everyone, and more importantly an army nurse is still a military function, yet in this setting, there will be training in English, UK values, medical training, language and more importantly the years to come will show whether they have what it takes, in the end we use a structured system to infuse the NHS in operational ways, in addition, as the there is a growing need at the NHS, we see other parts where such reflections would grow the power of the NHS indirectly.

Both logistical and engineering sides of the Military could spell equal options to grow the NHS, or at least grow the ability of taking care of itself sooner rather than later. When we consider that the cost of agency nurses are close to astronomical (at http://www.kentonline.co.uk/medway/news/trust-spends-11m-on-temporary-nurses-180427/) gave us “Medway NHS Foundation Trust spent more than £11m on temporary nursing staff last year, a Freedom of Information request has revealed“, so when we consider that, is calling the army to aid in setting the boundaries back by a fair amount that much of a farfetched call? When we also see “There is a shortfall of 40,000 nurses across the UK, which has been driven by a lack of nursing training places in recent times“, is my call to call in the army and its instructors that much of a leap? Now we can all agree that it does not work on all fronts, but we can either stare at the missing beaches we have now, or start creating our own beachheads and see if we can see how new solutions could be implemented. There is no certainty, only the certainty that at the present course there will never be a solution that is what needs to be addressed. We need to accept that the current approach towards solving the NHS issues is not realistically set. When we look at merely one source (at https://www.nurseuncut.com.au/how-australians-can-get-nursing-jobs-in-the-uk/), we see the language that is given even after you get the NMC (the Nursing and Midwifery Council), you passed the tests, you have shown that you are who you are, your medical knowledge has been assessed, we then see “The hard work isn’t over after this point though, as you will obviously still need to find an actual job within the NHS. Fortunately, there are places designed to help – such as agencies like Nursing Personnel, where you can find a range of jobs across different disciplines and in different UK cities“, so we see that the agencies are set as a buffer, filling their pockets, so they never ever want to see that changed. In addition there is “Following this, you must apply for and then receive a valid work visa to ensure you can legally work in the UK. Finally, when all the pieces are in place, you can begin your new nursing role. Good luck!“, So even after that path is taken, after you get your NMC pin, there are still two iterations to get through, even as the Army, or even directly via QARAN, we could see that the entire path, towards the NMC, especially by those who have a nursing degree. That was never an option? Not even as I discussed such a path almost 4 years ago? When we see the shortage and the non-actions in this, can we even have faith that those around the NHS want anything fixed? It seems that they get ‘rewarded’ no matter what, especially the agencies, so when we see the money in that, why would they want to fix it? I say start by fixing this for the nurses first, which will get delays down and will give additional rise to finding as the agencies get less work, it also states that the invoices form them disappear meaning that millions become available. More staff and alternatively also more equipment could be the beginning to solving two issues to a larger degree. After that we can start looking into addressing the shortages on doctors, yet I also feel that once the nurse shortage is addressed, the doctor shortage might partially take care of itself. Even as the Financial Times reported last year that almost 400 GP’s a month quitted the NHS, addressing the nurses shortage will lower that number and when there are enough nurses we will see that it might lower to almost zero (speculative), yet as one fixes two other issues, we will suddenly see that when nurses reach above the unweighted number of 10, other numbers are guaranteed to shift too, because as agencies make millions less, those millions will shift to optional beds, medication and technology. Suddenly the UK will not look so bad overall. Now, let’s be clear this is a path that would take no less than 3 years to see certain parts turnaround, but it is a realistic path with a realistic curve of improvement. So even as we get served “Portsmouth Hospitals NHS Trust has 9,264 4 hour breaches (25.5%)“, we can also see from the other numbers that a larger extent is due to a shortage of nurses, so when we accept that they could climb to 85%-90%, we see that the entire setting suddenly looks less grim, so even as we need to realise that there is a setting (based on location) that the overall need of 95% performance is ideal, the question becomes is it a realistic setting, when all matters are equal it might be, yet at present all things are not equal and that is the part that requires attention, it is not the top 5% made that sets the standard, it is the acceptance of those in the 90%-95% range that requires merely some scrutiny, the question becomes, which one alteration might get those in the 90%-95% range there? I believe that nurses are merely one part, technology is the second part and as we deal with nurse shortages, there is a setting that technology gets fixed to some degree in the process. This paper (Spending on and availability of health care resources: how does the UK compare to other countries?) does not answer it, but gives light to the path that requires attention, the paper gives a path to investigate and that is equally massively important, so when we consider figure 2, can the change between New Zealand (10.3 nurses) versus he Netherlands (10.5) above the unweighted average of 10.4 show that difference of attaining the ‘revered’ 95% score or higher? Because of ‘irregularities’ that national needs tend to have, it is a cautious approach, yet the idea that it solves it is one thing, yet the one part not shown here (hence I took these two reports) is that even a we accept that they cannot be used in comparison, the setting of getting the 95% mark is still an essential statistic (by some) and if so, we accept that we go by the Unweighted average as a mere indicator, is that the right indicator to use (read: rely on), or is there a number missing? Is there a ‘Nominal Coverage‘ missing that is an indicatory number that aids us towards the A&E 4-hour standard setting and the attainment of the 95% score? Now it remains indicatory as there will always be a shift towards nominal nurses and actual nurses, but we need to start somewhere and if additional nurses are the first requirement to start turning this around, these numbers will become a lot more important, that part is not addressed (which was never the setting for Deborah Ward and Linda Chijiko), yet it is an issue for the NHS and the writing and results by these two ladies, might be a first step in actually getting there. When we look at the simplicity of it, was it really that far-fetched? I am merely asking, because my flair for oversimplification can be overwhelming for a lot of ‘experienced analysts’.

Yet, my mere focus has always been, how can we fix/improve the current NHS?

It is the path to solution that we need to care for, how it can be fixed, if it can be fixed. I have forever opposed the Jeremy Corbyn approach to throw money at it, because in the current setting the only one getting a better deal are the agencies and they are already cats that are way too fat. Hence I look at the directions where training and education sets the pace and in that pace we need to find opportunities for the NHS to pick the fruits form the yard, it is merely a different set of spectacles, the spectacle is not merely about the presentation, it is about setting the right focus, because focus shows us where the flaw is and where we can initially start the focal point of repairing the situation.

The weird part is that Canada, the UK and Australia have similar issues, so there is a foundation of repair missing which is equally a worry. In all this someone is getting rich, is it so hard to look at those getting rich and why that is? The fix could have been underway as early as 2014, the fact that it is nowhere there is worthy of many more questions, yet the bulk of those who could ask them, do not seem to ask them visible enough for all people to wonder how certain matters could be fixed and when one is fixed how much the other problems diminish, an equally important question. Even if it is merely for the reason that not finding these answers could kill you, either in an ambulance, or in a corner of a hospital awaiting a nurse to get you to the proper place for treatment, would that not be nice too?

 

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The Update

This is not about specifics; this is about the latest updates on a few sides. First we get back to ‘The successful and the less so‘ (at https://lawlordtobe.com/2018/04/26/the-successful-and-the-less-so/). We had the rundown on the Marvel movies and Spielberg’s Ready Player One. My view remains the same, the three movies were awesome and there is no denying that. What is however a shift is the impact that the Avengers: Infinity War had, I knew it was going to be big, but a 3 day global total up to April 29th of $640,000,000 (rounded down) is beyond what I would have ever expected (read: imagined). The total revenue of Ready Player One was surpassed in 3 days with 20% to boot. It will get worse (depending on your point of view). You see, I am hearing all around me that people want to see it again. There was so much to see. So not only will it surpass the one billion dollar marker in a 10 day stretch, the revenue of Infinity war on 4K and Blu-ray will surpass most records to date. It could even spell a drive for people to look for a 4K TV and a HD 4K player merely for this movie alone. So if there is a Christmas release planned, it will likely be a $999 deal for the 4K TV, the 4K Player and the movie, all neatly gift wrapped. Those who do not have a 4K TV at that time might leap at the option offered. Techspot gave us “the movie’s Sunday box office performance – Infinity War reportedly raked in a whopping $69.2 million, breaking yet another domestic record“, implying in part that the movie is set to break the records that the number 3 top placed movie has, as Infinity war is likely to surpass it. I don’t think that it will make the current number three sad, it took three years for a movie to do that and records were always meant to be broken at some point.

The second update is on ‘Flames of the blame game‘ (at https://lawlordtobe.com/2018/04/27/flames-of-the-blame-game/), you see, the Financial Times (at https://www.ft.com/content/c532579a-416d-11e8-803a-295c97e6fd0b) has an issue with data sharing and the Kensington and Chelsea council has been fined £120,000. Now we can have all kinds of thoughts yet the quote “the perception that a large number of properties were left unoccupied by wealthy foreign owners — provoked greater scrutiny of the borough’s housing situation amid calls for empty homes to be used to house evacuees, and criticism of the approach of the Conservative-run council to public housing provision and maintenance” implies that there is a much larger issue in Kensington and Chelsea and that certain steps are being taken. They got an opening to make a shift and the Grenfell disaster gave them an option. The interesting part is that this goes back to 2017. The Guardian (at https://www.theguardian.com/uk-news/2017/aug/02/revelations-about-empty-homes-in-grenfell-area-simply-unacceptable) reported “Labour has condemned as “simply unacceptable” the 1,652 unoccupied properties in the London borough where the Grenfell Tower fire took place, calling for government action to bring them back into use“, which is as I see it, hypocrisy at best. You see the previous Labour government under Tony Blair was very eager to call in the investors, yet down the line no one wants to pay for the fallout. This did not start recently, this has been going on since the late 90’s, the EU reported in a paper  (at http://ec.europa.eu/economy_finance/events/2003/workshop/woodetal.pdf) by Forrest Capie, Geoffrey Wood and Frank Sensenbrenner by the City University, London: “confirmation is provided by the complete absence from mainstream political discourse is the notion that “multinationals” have somehow taken over, or impeded the actions of, national government. All this exemplifies, we conjecture, the relaxed attitude of a major foreign investor. At least at present levels, no-one much worries about “who owns” British industry, so long as British residents have savings somewhere. Foreign ownership is a non-issue in Britain“, a non-issue? Really? This was given in February 2003, so this has been going on for a while and yes the short term gain was clearly seen, millions upon millions, yet the long term play starting 5 years ago, when we see that 1650 unoccupied properties in one council alone is costing the infrastructure, 1650 households not needing energy, not needing food, not needing services, so those services in place is one thing, the fact that this group should be supporting half a dozen shop chains is now off the table. The UK did this to them self when they forgot basic math. So when we learn the setting of ‘a man’s home is his castle‘ and ‘trespass is actionable per se’, we see that these people have painted themselves in a corner. So even when we saw last year “London’s mayor, Sadiq Khan, said he would make proposals this year to find a more effective way to tackle the issue” he basically doesn’t have a leg to stand on and now the council might have given it to the press, so that the journalists, in the light of the Grenfell disaster can up the ante by emotional reporting, and it only costs the council £120,000 to allegedly start using the press as a tool of convenience. This allegedly setting is seen in the Financial Times quote ““at the time of the security breach, the feeling of social inequality was running high in this wealthy borough. Such disclosures therefore required guidance and oversight,” the ICO said“, it seems to me that someone decided to play judge and jury on a setting that the government, especially the previous Labour government enabled in the first place. It is not a fluke; there is a whole range of insurances that are covering this. UKinsuranceNET is merely one of many examples. Most are immediately covered by ‘Owner is working away‘, ‘Non-UK residents are accepted‘ as well as:

  • Ensure that you have a friend or family member inspect the property regularly. A minor continual escape of water left for a period of months can devastate a property. This is why escape of water is not usually covered with unoccupied insurance policies without terms and conditions applying.
  • Home emergency cover, should a plumbing or electrical fault occur the person who is looking after your house will appreciate this. Remember standard home insurance will not provide cover as extensive as an unoccupied insurance policy.
  • Speak to your local council; you may be eligible for a reduction in your council tax.

So there is not just an issue, it is a much larger market, you see Huw Evans director general of the Association of British Insurers could have told them that when he had that large issue on the Grenfell building when he was talking about inadequate fire testing.

Yet in all this, these people will not learn. Now, I will accept that Mayor Sadiq Khan cannot be blamed in any way for the latest issue, oh yes, you see with: “London Mayor Sadiq Khan has already given his approval for the scheme“, yet the clarity (that in a very rare instance, the Sun brought), by giving us “Chelsea stadium plans hit by £1b sale of England home to Fulham and NFL owner Shahid Khan“, so even as we accept that ‘Shad Khan, is a Pakistani-American billionaire and business tycoon. He is the owner of the Jacksonville Jaguars of the National Football League‘, he is still a foreign investor and whatever happens next (besides the setting that if the sale goes through), billionaires tend to be modestly serious people and spending £1,000,000,000 on a building implies he can do with it what he wants. If he wants to turn it into a fabulous new Mosque (merely a speculative thought), there might be little to stop him. You can’t play your games on whining games regarding empty house penalties, whilst you are willingly, knowingly selling to a foreign investor. It seems that the slippery legislative slope they put themselves on could be the start of a lot more court proceedings and when you have a large number, followed by 9 zero’s and only after that a decimal point, you could hire 5 lawyers and give them one clear job description: ‘rain proceedings on these councils‘ and you’ll get £400 an hour for as long as you can do that. It could lock a council in legal proceedings for decades. Now that is merely my speculation, but there is a precedent. The ICBA reported a variant in 2016 with “Unlike the patent troll problem that ICBA fought all the way through Congress, however, this new crop of law firms is relying not on flimsy patent claims, but on detailed arguments that are already making headway in the courts“, when you consider that part, how vulnerable would any council or borough be? A dozen cases per council would lock up their legal division for up to two years at least. It ends up that close to nothing could be achieved. Now this is all merely speculation, but it is not that far-fetched with the Guardian reporting on “The number of solicitors qualified to work in England and Wales has rocketed over the past 30 years, according to new figures from the Law Society. The number holding certificates – which excludes retired lawyers and those no longer following a legal career – are at nearly 118,000“, so with 118,000 of them having hungry mouths to feed and the need to get revenue, do you still think that my view is far-fetched?

The Grenfell disaster is making all kinds of issues a lot more visible, one of them has been not to rely on foreign investors and their impact to such an extent, it has been an issue for close to well over a decade and not these birds have gone home (outside the UK) to roost, or is that to roast in the sunny sun at a tropical beach?

So in this, when I saw John Healey, Labour’s shadow housing minister state ““there were about 200,000 long-term vacant homes around the country, “including those bought and left empty by speculative investors”“, as well as “Labour would allow councils to charge a 300% empty-homes premium on properties that have been empty for more than a year and ask them to prepare empty-homes strategies to bring homes back into use in each area. We would also reverse the Conservatives’ weakening of councils’ powers to introduce empty dwelling management orders to bring homes back into use“, at what point would he also state that the previous government under Tony Blair got much (if not most) of  that damage done by opening the flood doors of foreign investors? In this, the end is nowhere in sight and even the councils realise that they are fighting an uphill battle against foundational legislation as the UK has had it for generations. It was part of the sales pitch that sold it so well, unravelling that would end up being devastating to the UK economy and these players know that (read: should truly be aware of the hazards) very well.

In finality there is the update on ‘Ferrari Mario (2018)‘ (at https://lawlordtobe.com/2018/04/28/ferrari-mario-2018/). This is a larger one, because Phil Spencer according to several sources is setting the stage that Microsoft is having its own JRPG on the Xbox One. This is not something to sneer at. In one set of minds it is almost ludicrous and suicidal to go that way, but it is not anyone making that play, this comes from Phil Spencer and he knows games. So there is a play and it is about to be made. Now JRPG games tend to be a real game changer, it is a niche market that has a massive following. If Microsoft pulls that off, it would be such a blow to gaming (to their benefit), one that no one saw coming to that degree, this is the kind of victory shot that Microsoft desperately needs and if they do pull it off it will be a massive one! With that one ‘rumour’, one that came in several ways from Phil Spencer, towards several medium we see that Microsoft is starting to fight back, they will still take massive damage over the coming year but as to the options that limits deadly damage to the Xbox console this is certainly one that will have a large positive impact for Microsoft. Now, I refuse to go into the ‘what if it is a bad game‘ shot, because in the first I haven’t seen it, we will in 5 weeks see either something playable or a serious trailer/teaser that could bring the house down. In the second because JRPG are a vast setting of options and they are not all alike, what is a given is that when it does come it needs to be on a level of excellence that the JRPG fan expects, in story, in user experience, in graphics and atmosphere, to pull it off outside of ‘excellence driven Japan‘ has never been seen as an option, so the pressure will be on for Microsoft. If they do, then it will be one of three essential niche victories they will need, not to stop Nintendo, because that is a lost race. What will matter that three to four of these games would allow Microsoft to optionally regain the number two spot in the future, yet my personal forecast (speculative prediction is more accurate) is that they will need 3-4 of these games to be released in the next 18 months to pull that off, if they haven’t started on the additional 2-3 games at present, they might be too late, but let’s wait to see what the E3 brings before locking that gate, it is only fair that Microsoft gets that option to present that to us.

Three updates that needed to be made as the issues I talked about earlier are getting more traction and they are showing us the change that will come, even as the hearing into Grenfell aren’t seen for close to a month, the media is looking at many sides, many issues and Grenfell will be pulled into every emotional issue these politicians need, Jeremy Corbyn seems to live off that vibe, even as his co-players are not that enthusiastic to mention the previous Labour blunders that caused some of the damage we are seeing now.

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Num, Num, Num

There is a large following that is very appreciative of Jamie Oliver. I was for a long time unsure about the man. I do not mean that in any negative way, I just didn’t know the guy. Literally, my only knowledge of him in the beginning was this ad (at https://www.youtube.com/watch?v=gPiNeIV_WY8). I thought it was funny, I was doing consultancy in the UK for a while and that is what I saw, I would remain unaware of his actions for a few more years until I saw one of his cooking shows. It looked nice, and tended to make me hungry watching it. So I reverted to my famous Bambiburger (whilst watching Bambi, because that’s how I roll) and switched to another movie afterwards. I had noticed a few of his cooking books and they looked OK, but beyond that I moved on, no negativity implied here.

My first real exposure to the man was when I was introduced to his McDonald crusade, or perhaps better stated the fast food crusade. A sample is shown in the Rubin Report (at https://www.youtube.com/watch?v=nSoJzuUgO6c, as well as CBS at https://www.youtube.com/watch?v=YC0jMeGTJmA), so when I was aware of just how bad it was I stopped going there, I haven’t set foot into Macca’s for a long time, I might get a lemonade on a hot Sunday morning, yet that is as much as I got. I stopped going to Macca’s. He showed a part I never stopped to ponder. He became a silent hero, like my University friend and fellow student Jerome Doraisamy, how started the Wellness Doctrines and showed to be a true visionary. With his second book The Wellness Doctrines for High School Students, he is showing the younger students the path that every young person should read. With “self-help guide for secondary students struggling with academic rigours, vocational concerns and teenage issues“, we see a path that allows those who had given up, that there is a path, there are options and they can make it, there can be success. As Jerome attends to the mind of the younger person, Jamie Oliver has the physical side in mind. In the Guardian we see the goods (at https://www.theguardian.com/lifeandstyle/2018/apr/29/jamie-oliver-criticism-affect-me-childhood-obesity), with “His transformation from cheeky-chappy Essex boy chef to single-issue crusader, facts and figures to hand, about to appear in front of a select committee, is complete. You would think he would have enough going on – he closed several of his restaurants recently and restructured his business“, in all this Jamie Oliver is focused on the issue of childhood obesity. Two silent hero’s making the world a better place, because if they can tend to the upcoming generation, we would as a humanity move forward too. Now even as we, at times might question “It is not only the food industry that Oliver has targeted. He also champions better nutritional training for GPs and other health professionals“, there is a spoken truth that we ignore, we seem to go to the GP for every useless flu shot, and really useful vaccines, but the setting is that the GP has a narrow focus, he needs to be, he might tell us to see a dietician, yet will we? I know that I eat reasonable healthy, less and less Bambiburgers (the price of venison is near murder nowadays), yet I have my decent mixes of greens, pasta’s (with fresh greens) and the optional spinach stew with beef, all easily made and full of the good stuff. This came with the revelation that even as I am still the size of Dwayne Johnson (yet not in the chest section), I eat a lot better for a long time now and I walk nearly everything I do every day. I also noticed that I eat a lot less, so there is that benefit too, but overall, I could still eat better and that is where Jamie Oliver is making the difference “Oliver seems to be coming at obesity principally as a diet problem, rather than a social one, although it may be too much to ask even someone as energetic and ambitious as him to fix society. Obesity disproportionately affects children in deprived areas“. You see, even when we accept that the lifestyle choices in places like London for some is massively limited, where most are still relying on their daily fish and chips, of if fish is too expensive friend spam, we need to acknowledge that the two people are working pre-emptively. If the children are heating healthier, it could reduce NHS needs by at least 10%, which is a massive saving, when we consider the counselling and other issues that some children face in the light of pressure the writings (the second book) of Jerome Doraisamy could also impact the NHS in a positive way, as well as avoid a whole range of other issues, so making sure that every secondary school in the UK (Australia and Canada too), has at least a few copies of this book (as well as some of the Jamie Oliver solutions), we could set the next generation much better equipped on a future path, one that is healthier and ever so likely pointing towards personal success. In that we have seen so little for such a long time that the visibility of these two crusaders (not caped ones, because I still claim the title of Batman), is becoming more and more essential. Yet Jamie does not proclaim to have all the answers and all the solutions, one would be very unfair to demand that. When we see “he does not entirely understand what it is like to live in relentless, grinding poverty: to be unable to afford fresh vegetables (healthy food is three times more expensive, per calorie, than unhealthy food – Oliver has suggested that the government should subsidise healthy food); to be too tired to cook from scratch every night; to take the financial risk on a lentil recipe that your kids may refuse to eat“, now we can go that children who are really hungry will eat nearly anything, is only partially true, the addictiveness to some foods (read: food groups), especially sugar loaded ones is too tempting as the short term sugar rush is there, so it is like getting them to fight a sugar addiction seems to be more and more prevalent. Yet as it is not a narcotic, the large brands can push sugar onto everyone until it quite literally kills them (usually via some form of diabetes). This gets us to the timeliness of it all. You see, when I was young (I know a really long time ago), diabetes was something almost unheard of. Now in the US, the CDC reported that 9.4% has some form of diabetes. That is up from 8.3% 5 years earlier, so the statistics are screaming danger. Yet we remains unable to act and the fact that Jamie Oliver is pushing for larger changes so that the UK (actually the whole world) improves the stats so that we can avoid a nasty and expensive trap is more than just good thinking, it is the stuff of well-deserved knighthoods. It is in that same range that we should see the efforts of Jerome Doraisamy. The body and the mind are two parts of us, needing equal attention and the fact that we get the next generation on top of it all is massively needed, because the mind can too often work out that the rope to hang yourself with versus the rope that will snap under the weight of the 17 year old as he/she weighs 17 stones takes a mere 25 neurons (speculative), me making fun of this is how it needs to be seen, but in a very deadly serious way. Some issues we can avoid, but if healthy food elevates your mood, makes you feel more energised, and thus empowers that person, making changes to your lifestyle on both the physical and mental front become increasingly important. Not because you are saving the NHS thousands of pounds, but because the next generation could suddenly end up having worked and lived for decades in a healthy and happy way only to receive a letter, to which that person asks “What on earth is the NHS?” They didn’t know, because they were never sick. That is what we hope we could strife for and these two crusaders are making it an optional future. So even when we see in the Guardian “he will be accused on Twitter of being the “fun police”; a column in the Sun will call it a nanny-state initiative that penalises poor people“, even as we see the taken step “It calls on the government to ban junk food advertising before 9pm and unhealthy buy-one-get-one-free offers, among other things. Oliver is proud of it. He looks relaxed, sitting on one of the sofas in his industrial, vintage-styled head office – although he knows the attacks will come“, we see that there is a lot to be done, but he has started the path, and even when we recognise that “addressed to the prime minister and signed by Jeremy Corbyn, Nicola Sturgeon and other party leaders” those undersigning is are not in government, yet when we look back to 2005, we see “In a response to the plea from TV chef Jamie Oliver for a ‘school dinner revolution’, the Prime Minister will say that school kitchens will be rebuilt and equipped so dishes can be cooked from scratch, while dinner ladies are given ‘culinary skills’ to help them create appetising menus“, it was a success as the Telegraph reported “A £280 million initiative to improve the nation’s school dinners was unveiled by Tony Blair yesterday following a campaign by Jamie Oliver, the celebrity chef. Mr Blair and Ruth Kelly, the Education Secretary, produced the money just as Oliver arrived at Downing Street with a 271,000-signature petition demanding better meals“, so what happened to that initiative, the fact that there is a second round, how much success did the £280 million get the UK schools, what was achieved and what was not is also equally a question. You see throwing money at a problem does not make it go away, it merely gets the front page for a week at the most, So when we look at briefing paper 3336, Obesity Statistics called SN03336, attached, we see that the increase from 53% to 61%, and from 15% to 26% is shown on page 3, yet it also shows that the curve on overweight or obese is also leveling from 2005 onward, so there is a shown success, what is less shown is the improvement rate among the young population, we see the statistics and total statistics, but as we cannot see if the those obese have become less obese cannot be determined in such an aggregated state.

Another path shown is that when we compare to the mindset in Japan, where only 4% has obesity, we see that studying the Japanese culture on healthy foods is becoming a lot more interesting. I did see an excellent video by Joanne Lumley on Japan, where we actually get to see two culinary sides, the first is that Japanese prison food is better looking and healthier than anything we can get in any fast food place, second was a visit to a primary school having lunch. They were eye openers, so there is still much to be learned for all the dietary players in the world. The one fact that we do clearly see is on page 12 with “obesity rates in the most deprived areas have risen by almost five percentage points but were unchanged in the least deprived areas“, we could go by the need of income, but more importantly we need to find other ways to solve the food system on a parental level, because giving in the screaming kids demanding sugar and chips will not work. Some might want to give in, but the price down the line will be extremely high. Some have no means to afford decent food and when we see that £36 a day is needed when you are on the basic standard, yet this includes rent, utilities, food and clothing. So when we consider that number, we get a lot less to live on, so when we consider rent increase, energy price hikes and other elements not much is left and that amount is actually decreasing. That is part of the ballgame and even as Jamie does not have all the answers, he is giving us a path to consider. If the school kitchens become better equipped and gives better food, the health risks will decrease as they decrease and the children’s physique improves through sports and actual activities (we don’t all like sports), we get to consider a lot more options and now we merely have the mental option remaining, but that is part of Jerome Doraisamy’s The Wellness Doctrines for High School Students, which is not part of this discussion today.

We can argue on how good or how bad Jamie Oliver is doing it, but the one part that no one can deny is that he is actually doing something and that he is at least on the right path and trying to work on the solutions that could work is why he is one of several silent heroes of choice. A crusader who is not playing Don Quixote, he is trying to do good, not chasing windmills. when I see the Guardian article, I see there is plenty of mentions of failure, his failures, yet in all that there was not one mention of greed, or of some basic exploitation setting, merely, as I personally saw it, he tried too much in too many directions and seemingly all at nearly the same time, I am partially amazed that he was able to avoid a heart attack and a stroke in the process. So when it comes to trusting the health of your children, would you listen to Jamie Oliver or to the Marketing CEO of a fast food chain? Now consider that one of the two will get your child killed 20 years earlier, now who do you trust? Are you scared yet, you actually should be!

That is becoming the ballgame, because when there is no NHS, which with the current crises is not merely a speculative possibility, how will you get treatment for your child when diabetes becomes a fact of life? Oh, and in addition, when you are still on that £36 a day (if you are that lucky), how will you afford the medication and other needs?

These few steps alone show that not only is Jamie Oliver on the right path, we need to think the long term impact that are limiting the options we remain to keep, because the list of those options are falling faster than you think. When we accept that in the most deprived areas where child obesity went from 27% at the age of 5 to 41% at the age of 10, when you consider that danger for a mere 2 generations, how will you see the economy where part of the labour is no longer being done because those jobs can no longer be done in 3 generations because the health of that workforce will not allow that to be done, so who will do those jobs? Perhaps the kids who are currently growing up in Beaconsfield, Buckinghamshire or Ascot, Berkshire? You have got to be joking!

We must accept that the previous labour did make steps and we need to see what was not done, why it was not done and what needs to be done, not just done as a mere ‘because we have to‘, but because we desperately need to move away from the downward spiral that too many nations are currently on in the first place.

 

 

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Physical vs Virtual (part2)

In part 2 we look at the virtual aspect in all this and for that we need to take a look at the other part of the equation, and see where the interaction ended up, because that is also a matter that truly counts.

Virtually

It started way before now, but the now gives us ‘Facebook moves 1.5bn users out of reach of new European privacy law‘ (at https://www.theguardian.com/technology/2018/apr/19/facebook-moves-15bn-users-out-of-reach-of-new-european-privacy-law). You see the law is one thing, yet in all this, when we see “Facebook has moved more than 1.5 billion users out of reach of European privacy law, despite a promise from Mark Zuckerberg to apply the “spirit” of the legislation globally“, was anything illegal done? When we see: “when asked whether his company would promise GDPR protections to its users worldwide, Zuckerberg demurred. “We’re still nailing down details on this, but it should directionally be, in spirit, the whole thing,” he said“, did he lie?

Those are the immediate questions. The General Data Protection Regulation (GDPR), the EU in this gives us “replaces the Data Protection Directive 95/46/EC and was designed to harmonize data privacy laws across Europe, to protect and empower all EU citizens data privacy and to reshape the way organizations across the region approach data privacy“, so the people created their account long before these privacy issues were there. They never cared for the longest time, as long as the US government didn’t get any data and when we respond to pornographic images and videos on social media, oh no, that was not us, that was merely Gavin Barwell (see part 1), in a time when his mind should have been all other kinds of matters. Ah well, we all have an itch now and then. Yes, it is that itch, because we are all on social media for some reason, to share, to look, to listen and to judge. Some of them actually communicate, and that has also been proven so communication on social media is not a fab. So when we see the EU site on the GDPR: “the biggest change to the regulatory landscape of data privacy comes with the extended jurisdiction of the GDPR, as it applies to all companies processing the personal data of data subjects residing in the Union, regardless of the company’s location. Previously, territorial applicability of the directive was ambiguous and referred to data process ‘in context of an establishment’. This topic has arisen in a number of high profile court cases. GPDR makes its applicability very clear – it will apply to the processing of personal data by controllers and processors in the EU, regardless of whether the processing takes place in the EU or not“, the first thing we see is that social media has no business having offices or processing data in the EU, that basically is the signal for Facebook to vacate using the ASAP protocol and they did just that. And Mark Zuckerberg did it all in the spirit of it all, it is just not what was expected and the Senate hearing just gave themselves (allegedly) access to de data to nearly all the European users. the second part gives us “The GDPR will also apply to the processing of personal data of data subjects in the EU by a controller or processor not established in the EU, where the activities relate to: offering goods or services to EU citizens (irrespective of whether payment is required) and the monitoring of behaviour that takes place within the EU. Non-Eu businesses processing the data of EU citizens will also have to appoint a representative in the EU“, so with ‘monitoring of behaviour that takes place within the EU‘, is a much larger issue and Alex Hern makes no mention of this anywhere in the article (that is not an accusation), merely that Facebook has moved the data and that the people in the EU have less rights under US law. Was that not always the case? Was that not the initial setting when Facebook started? So when we read “This is a major and unprecedented change in the data privacy landscape. The change will amount to the reduction of privacy guarantees and the rights of users, with a number of ramifications, notably for consent requirements“, which we get from Privacy researcher Lukasz Olejnik, we actually do not get anything new, because the GDPR would not have been enforced until next month, so there! (OK, not an entirely justified outcry, but I am feeling batty)

In all this the missed issue of monitoring is actually a lot larger for some and those boasting on what they bought on the dark net (some people remain simple on every level) will have a few repercussions, yet in all this when it regards Cambridge Analytica, we see all kinds of media exploitations, rumours, alleged actions, yet no arrests, no one in the dock and still the entire mess is merely focussed on Facebook. We have seen news on a massive amount of apps collecting data, smart toys, and with the upcoming 5G, the RFID and mobile tag as well as device tags will be an exponentially growing data market with the entire Fortune 500 chomping at the bits to get their fingers on that data, yet at present the legislation has been faulty at best and nominally missing completely. All that because the people give it all away willingly, that is what the next fridge with a £250 discount will warrant, as did the 2016 Sony Smart TV as just about all following models. that is not a joke, you agreed to this when you bought the TV,

it is in the end users license agreement and they are not alone, it is a massive list of corporation that are doing this and the media was, yet they were largely silent about it and the Sony issue in 2012, where the media is what I would personally label as: ‘whoring for advertisement options‘ instead of informing 30 million consumers on the change and its impact, is what still has my nostrils flaring 6 years later and I am an actual Sony fan.

So as we see how we are singularly focussed on where our personal data is and not what we allowed it to be used for, especially as it came with the free use of Facebook, we all need to accept that nothing is for free and the corporation requires its return of investment, well in the case of Facebook merely 60 billion. Where did you think that value came from? Watching advertisement? In that Facebook and google are largely alike. So in these issues in the physical and virtual side, we are short on memory, too large on emotions and unclear on how to make the houses of Lords and Commons more accountable for the matters at hand. Even as they cannot prevent you from staying with Facebook, we all have been failed by legislation that was too slow and MP’s that are showing to be lacking the necessary skills to do something successfully. It would be so lovely if Sir Martin Moore-Bick would be kind enough to show both matters, because it would have a much larger impact. Even as we see, (what I would personally call) the failed false promises of Jeremy Corbyn regarding housing, with: “One million new “genuinely affordable homes” over a decade, mostly for social rent. That’s not quite 1m new council houses – a chunk of these would be delivered by housing associations – but it gets very close” is also a Porky Pie of the largest order. You merely have to look at google Maps to see that there is no place for even 30% of that in London, so will they mostly be in Wales, Penzance, Brighton and Scarborough? In addition, none of the sides of the houses
(Lords or Commons) have successfully done anything to make a change, regarding leasehold which will drive the entire social housing matter further and 1,000,000 houses will not nearly be enough. So, back to the Virtual part, because that is still central in this. In that part I have to thank the realtor Harcourts for bringing the juice.

You see, with: “NPP1 – Collection of Information; Agencies are prohibited from collecting personal information unless it is necessary for one or more of its functions. Personal data should only be collected in a lawful, fair, and not unreasonably obtrusive way. The agency must disclose certain information at the point of collection“, yet in all this the terms: ‘unless it is necessary for one or more of its functions‘ gives a much wider scope, does it not? In addition, with ‘only be collected in a lawful, fair, and not unreasonably obtrusive way‘. So when they (the real estate in general) offer a £199 rebate for registering you as the leasehold owner, how many people do you think that will consider it necessary and not unreasonable? It merely needs to satisfy one function and the deed is covered with the mantle of opportunity. In addition we see “Personal and sometimes sensitive information may be collected and stored on standard real estate industry forms, such as tenancy applications, listing forms, etc. These need to be secured and available for inspection by customers“, so when did you look at what some call the RP Database? In Australia there is a firm CoreLogic and it has a product called RP Data Professional. In all this we see: “RP Data Professional is the leading property data solution used by property professionals in Australia. Prepare reports for prospects and clients, generate value estimates, verify information and conduct valuable research and highly targeted marketing. Packages starting from $150 / month“. It is widely used by debt collecting agencies as well as realtors. You would be surprised to see all that data and what every address offers. Do you think that they are the only ones? Data is gold, it is the printer that allows you to print your own money and for the most it is massively unchecked. Now, I know that RP Data is merely a facilitator in all this, all perfectly valid, and nothing illegal. Yet when we consider ABC in 2016 with “The Reserve Bank has taken the highly unusual step of switching its preferred home value data, arguing that CoreLogic’s figures overstated price growth in April and May due to a methodology change“, so as you see the data goes a lot further and for the most the people, the tenants and Real Estate seekers are totally unaware of such parts and in all this do you think that the UK does not have its own options. In all this, with the explosive cladding issues, did you not think that the clad dealers were not tailoring to ‘property value increase at minimum costs’? This goes a lot wider in several lanes and the sudden much larger issue of cladding is almost not looked at (I did say almost).

So when we see “CoreLogic’s head of research Tim Lawless acknowledged that the changes to the index may have temporarily bumped up the figures for a couple of months. However, he said other data indicate that those two months were still relatively strong for Sydney and Melbourne housing sales” we forget to look at the aligned indications and what else is setting the pass in all this. Even as the last parts were the Australian side of this, CoreLogic is also active in the UK. In this no one seems to have talked to CoreLogic to see if the cladding industry has been given (through subscription) access to the UK RP Database. Is that not interesting too? You see, when we accept the January setting of “Just three tower blocks out of almost 300 with the same “dangerous” and “flammable” cladding as Grenfell Tower have had panels taken down and replaced“, how come the number of buildings is so high? Are all cladding providers so very bad, or was there a very intelligent salesperson selling cladding to the right people, when the timing was just right? I am fairly certain that this part of the conversations has not been showing up anywhere.

The virtual side to the Grenfell disaster was not seen, perhaps that part was immaterial at that time, yet when we see 297 tower blocks in a serious setting of harm, with the initial setting of finding the proper candidates, have we considered that corporate social media (like LinkedIn) could be used to get the goods (in alleged Cambridge Analytica style) to create fear in other ways? A lack of value versus a larger valuation set against a minimal investment. You show me a person who turns that down and I will introduce you to a person who is very aware of the concept of dishonesty.

You see, we have seen for the better part of 5 years the notion of taking fear from the workplace, usually in the style of ‘Corporate Leaders Must Remove Fear Factor from the Workplace‘, which we get from the Huffington Post (at https://www.huffingtonpost.com/mary-prefontaine/corporate-leaders-must-re_1_b_1437445.html) as early as 2012, so when we see “As reported in the Harvard Business Review, employees faced with incivility are likely to narrow their focus to avoid risks, and lose opportunities to learn in the process. Obviously this impacts their level of personal success and the success of the organization“, yet in equal measure, those actors never considered to take the fear factor out of the boardrooms, which are forever ruled by the bottom line and in that respect there is very little difference between a corporate boardroom, or places like the Kensington and Chelsea TMO, which has one bottom line, which is the value of housing and the rise of values of upcoming new housing. So now, the entire Metro section we saw in part one with ‘Cladding added to Grenfell Tower to ‘improve view for nearby luxury flats‘ it makes a whole lot more sense does it not? It is my personal view and opinion, yet in all that data was at the very Core and Logic of it all (pun intended). So when you think the Facebook data is an issue, guess again. The issue is a lot bigger, wider and more exploitable at the expense of yourself of course) than you would have thought.

All within the considerate view of those not looking at any of this, and you think I went deep here? I merely touched the surface and I will be very surprised if the public inquiry touches on any of those matters, not because they do not want to, but because the legal scope is unlikely to be there, as it would have been in the emotional seeking justice side. I guess that it is one of the questions that certain councils do not want to answer, so making sure that the question is not asked will be a first priority for all of them, because if it does get to the table, those who want to stiff Leaseholders with a £40,000 bill might optionally end up being not so successful and there is every indication that a fair chunk of those 297 tower blocks are currently facing a similar dilemma.

That is just my thought on the matter, and in all this, when you start realising the issues at hand and the time that this has taken, in addition that I saw some in minutes a few more in hours and one or two through my decades of data experience, are you not surprised that the elected officials remained in the dark? I know I am one of the better ones on the planet, but I know close to a dozen equal or better than me, many living in London. Do you actually think that some were in the dark or are they allegedly keeping themselves ignorant? In that case, if more happens, how many lives was the price of that ignorance? Can we afford to find out?

I’ll leave you with those questions, have a great Friday and do try to enjoy the weekend!

 

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Vestal Virgins of Health

We tend to get nervous whenever Richard Branson gets mentioned. I am not sure why. You see (at https://www.theguardian.com/society/2017/dec/29/richard-branson-virgin-scoops-1bn-pounds-of-nhs-contracts), we see two parts. The first is “Richard Branson’s Virgin Care won a record £1bn of NHS contracts last year, as £3.1bn of health services were privatised“, the second is “Its growing role has prompted particular anger among anti-privatisation groups. It pays no tax in the UK and its ultimate parent company, Virgin Group Holdings Ltd, is based in the British Virgin Islands, a tax haven“, my two issues here are ‘So what?‘ and ‘What did you expect would happen?‘ You see, the solution I had in mind is still not in the roll out and as such Richard has a few issues to deal with soon enough, but the larger extent is not the solution to get it on the rails, it is that both sides of the political isle have been sitting on their hands for over two years and the previous labour administration wasted 11 billion with no results to show. I have shown over half a dozen times in the last year alone that actions were needed and Richard saw options to fulfil the need, so as we read: “Privateers continue to win huge new NHS contracts“, we need to realise that the NHS can no longer make it happen and that the health care costs in the UK will go up, all largely due to politicians not seeing eye to eye on the solutions needed.

So when we now look at the need for the people we see that not only is the interpretation of the mess wrong, the issues that we saw last February (at https://www.theguardian.com/commentisfree/2017/feb/28/labour-nhs-jeremy-corbyn-hospital-theresa-may) is still not improving. With “Labour’s failure to counter the right’s message has left more people blaming the NHS crisis on migrants and patients’ bad lifestyles than Tory underfunding or rising numbers of older people“, this too requires scrutiny, because the coffers are empty, all sides in the UK were impacted, so that includes the NHS. In addition, when we see “Whoever follows Corbyn will now find it ferociously hard to regain that lost NHS ground” we see that the message got lost in many ways, because it is about owning the issue and resolving it, not to win lost NHS grounds, because that is merely a conversation on things that are nice to have and the patients will still die as the ‘conversation‘ continues. It is largely too late for conversations, it is time for actual solutions. I am not of mind whether Virgin Care UK is the right step or not, but it is an ACTUAL step being made, which is every time better than merely talking to the press on how hard things are. The people in the UK have had a few years of that with no resolution into any real solution. So as the papers go on regarding the death of a bullied girl and eating disorder services, we seem to forget that the two extreme (yet not ignorable issues) are not the centre piece, it is brought as the outliers in the game that is actually larger and has a few other problems that are digging itself to the surface. So as we see the blame of neglect, we forget to ask the question in regard to “Becky Romero, 15, was let down by ‘gross NHS failures’ an inquest heard“, yet where were the parents? Where were HIS/HER responsibilities? And when we see “The troubled school girl was victim to more than a decade of bullying before her death earlier this year“, what EXACTLY did the school do in the end? It is not a secret that the service is massively underfunded, it is not an excuse, it does not clear the NHS of any blame, but it seems to me that the school had already massively failed this student, and where are they in the dock? Where are the parents in all this?

It seems to me that there is plenty of blame to go around and the NHS has been given the black card for a few times too many. If anything, we could state that Parliament itself might be seen as the guilty party as they had no funds available. The buck gets passed around and around and there has been way too much of that.

In my view it is time that the parents themselves are getting the responsibility to some degree. Now, this is not fair and there should be a better way, but should child care and child wellbeing not be with the parent? I know that there are exceptions, but it seems to me that there have been too many exceptions in too many places and ways and the NHS is no longer able to meet the challenges it faces. Changes will be needed in the immediate and even to the longer extent for now.

So is Virgin Care the solution?

As I stated before, there is no way to tell, but it is an active step in resolving issues, which is better than looking at it and whining about shortages to the media whilst no actual actions are taken, except for planning stages that cost thousands of pounds and merely result in a report. You see, it was only 2 weeks ago that we saw “One CCG – NHS Surrey Downs – accidentally disclosed in its October public finance papers that its liability over the case was £328,000“, in my view it was not an accident, or the mere fact that it might have been shows not merely a flaw, but a larger lack of competence in this regard. Like any firm it went to court after the firm was confronted with “a “serious flaws” in the way the contract was awarded“, yet the petition was all about Branson being rich and not bout the NHS chapters screwing up AGAIN, whilst also dragging its feet regarding confidential issues. So as we get misinformed on 2 million versus the Branson estimated wealth of 3.5 billion, whilst in the same setting forgets that the NHS bungled issues for a decade and as such they can no longer get things done and private options are all that remains, that is a business decision and as such, business decisions are a game that come with rules and regulations.

In all this there is a side that people seem to ignore. You see, if Virgin Care UK gets even as little as 10% of their contracts done, with passing grades, we see that a for profit organisation has been able to do what the NHS no longer could, showing that a harsh overhaul had been overdue for well over a decade. I showed part of that earlier this year in both ‘Choosing an inability‘ (at https://lawlordtobe.com/2017/02/09/choosing-an-inability/) and ‘Healthy or Smart?‘ (at https://lawlordtobe.com/2017/02/10/healthy-or-smart/), two moments where we see the usage of funds that are debatable. Now, whether it should have been done is not the question, what is shown is that the NHS is so short of cash whilst the privatised versions are optionally now making a profit. Considering that Richard Branson is in it for the cash (to some extent), showing that it can be done is merely meat for the grinder showing that the NHS has a few more logistical flaws than any of us are realising. As such there is a clear chance that we need to ask a multitude of serious questions at the address of the NHS and not at the setting of Branson incorporated, that is the evidence we might be harshly confronted with at the end of 2018.

The fact that the people at large are starting to realise that harsher acts are needed are an initial first in resolving the issue. The fact that the Daily Mail reported on Drunk Tanks, an issue I raised in 2014 shows the additional part that the actions by the NHS have been too lacks and too slow, it could be the evidence that drove Richard Branson in entering the UK care field more energetically over the last 5 years.

 

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A hanging matter

In light of all the news we see, from North Korea who is gracing the planet with tectonic shocks to HSBC who now heralds “the deferred prosecution agreement (DPA) entered into with the Department of Justice (DoJ) had expired – lifting the threat of further penalties“, yes these are the parties you simply care about. But the fact is that the issues seen should be regarded as trivial, even as most board members of HSBC should be hung from a lamp post by the neck, mainly because the Guardian (at https://www.theguardian.com/business/2017/may/05/hsbc-chairman-douglas-flint-interview-profile-profit-growth-scandal) states that the bank that is ‘too big to manage, too big to fail and too big to jail’, could be instantly solved by 19 pieces of rope each around 15 feet in length (about $175 in total). Yes, some solutions are actually that simple. Yet in all this, how does this go over for those who survived Grenfell? That is the actual issue. Jeremy Corbyn might take advantage on the matter with “failure to rehouse Grenfell Tower survivors a disgrace“, yet if his party had done a lot more between 1990-2010, the disaster might have been less. In this the conservatives have been equally guilty, because after the Iron lady (Thatcher 1979-1990) the housing matter had been going downhill. We see the news on all these over the top events of buildings, investors and places that are impossible to afford, the people end up not having any kind of housing option and that is where the people of Grenfell are. In nowhere land, with nothing to look forward to and no one is picking up the axe to chop down whatever is set against them. Yet HSBC with its $4.6 billion pre-tax profit is up and surging to surpass its $13 billion annual profit and they no longer have to fear further penalties. Yes, the jurisprudential engine is failing the people to the largest degree at present.

So when we look back to September 14th (at http://www.bbc.com/news/uk-41262914), did we get answers? As the investigation did split we get “Sir Martin said the inquiry would be split into two phases – with the first examining how the blaze developed and the second looking at how the building became so exposed to the risk of a major fire.

The fact that the report is still well over three months away does not help. Even as the media focusses on what is happening now (makes perfect sense), the Guardian gives us (at https://www.theguardian.com/uk-news/2017/dec/11/homeless-because-of-a-tragedy-struggle-to-rehouse-grenfell-survivors-continues), ‘‘Homeless because of a tragedy’: struggle to rehouse Grenfell survivors continues‘, this is truly an issue in these days as we go towards the festive season and there is no real solution for this. The politicians that short changed the need of the people from 1990 onwards is showing to be a centre piece in all this. Yet at http://newlondondevelopment.com/ we see that 1318 projects are in play with the quote “New London Development showcases significant commercial and residential development across London“, yet how much of that falls in the affordable living category? So consider the Battersea Power Station. In May the amount of affordable houses as stated under the initial deal got cut by 40%, there is a larger issues and as councils rubber stamp options for developers as they cry to the song ‘losses in my life!‘, the larger issue is that this might be the most visible one, it is not the only one. In all we do know that a lot of the 1318 projects are commercial and corporate projects, plenty of them are housing and how many others have been slicing affordable houses on the list? In all this the quote “However, the project headed by a Malaysian-led consortium is on course to make profits of £1.8bn” and that is the larger problem, Lord Mayors past and present had done too little to stop councils from proceeding the way they did in regards to the Battersea Power Station. We see this in the quote ““If these numbers are accurate, they seem to suggest that the council have had the wool pulled over their eyes – allowing themselves to be hoodwinked into cutting affordable housing while the developer’s profits remain strong,” Khan told the Observer.” As I personally see it, they treated their ego as it was their penis and played for it slightly too long, instead of getting the guidance they needed. They weren’t hoodwinked, they were merely ego driven and they got played as stupid people tend to get played. That latter part is seen in the quote “the council failed to provide us with this information before deciding to send the application to planning committee for decision“, in my view it shows intent, it shows that they valued their ego above all else and as such they should not be allowed to be in the position that they are in. The fact that they have no short-list of houses for people like those facing the Grenfell issue is further evidence still. This is not new information, these are details that have been known for 5 months, in all this, the Grenfell people are in hotels, or better stated close to 80% of the survivors are. In this the papers give us “from Theresa May’s unachievable commitment, made in the immediate aftermath of the disaster, to get them into new homes within three weeks, to the current promise that everyone will be rehoused within a year“, which might have been realistic, yet with councils catering to developers profit, there is a decent indication that housing them all within a year might not be achievable at all. Yet it could have been worse. Grenfell could have been without victims and 71 additional houses would be needed. Can you imaging the coldness of this statement? This is seen in “There’s something about the language that feels transactional, that feels like the local people are consumers” and that is just the larger issue. The councils have become mere spread sheet users where the budget is the bottom line. From cladding savings to developer catering, the bottom line is profit and the ‘mishap’ called Grenfell towers is not an acceptable situation for any of them, yet for them it is not about the victims, or the aftermath, it is about the spread sheet needing to adjust for houses that are not there, not foreseen and not anticipated. In all this to help these people councils should be less emotional and in that regard the transactional pose might apply or be acceptable to some, yet the hardship cannot be set in some value, it is set in the heart of the matter and that heart is bleeding. Now that we see ‘Human rights commission to launch its own Grenfell fire inquiry‘, we need to ask different questions. You see, I get it, it needs to be done, yet when there are two enquiries and as one is published a lot sooner, will they hinder one another, or more important, will the official investigation get hindered in all this, because that could enrage the population in the UK at large.

Part is seen in the independent (at http://www.independent.co.uk/news/uk/crime/grenfell-tower-fire-latest-updates-police-manslaughter-misconduct-charges-criminal-hearing-deaths-a8103346.html) where we see a mere 17 hour ago: “Police considering manslaughter, corporate manslaughter and misconduct charges“, which is interesting as I voiced in agreement the term ‘corporate manslaughter‘ (at https://lawlordtobe.com/2017/06/27/betrayed-by-government/) like the Labour Tottenham MP, David Lammy. Yet I went a step further. Is there enough evidence to consider murder? If the evidence shows ‘cutting costs at any expense‘, does that show reckless intent? Can we go from Manslaughter to full scale murder? Would that constitute a larger scale of targeted killings and as such there would be no defence for the accused?

In the end we will see what was and what should have been, yet in all this, the HSBC link should be clear to all ‘too big to manage‘, London housing is beyond normal managing and the 1318 projects in London are further evidence still that a massive overhaul is needed to get a much better view of all of the building and overhaul projects. The coffers are empty and such an overhaul as would be required might be wishful thinking from the current Lord Mayor, the direct simplification of reality is that such changes will take too long and will be too dramatic to be allowed to happen as such. ‘too big to fail‘ shows us that the status quo will be partially maintained and the influx of investors is crucially important and as such proper change is even less likely to happen. Finally there is ‘too big to jail’, in this there is a need to get it done, but in the end will there be enough evidence to allow for serious prison time? That will soon be the matter at hand and as the most senior QC’s in the business will oppose one another in the fine print of the law, we need to realise that this would in the end amount to an institutional failure and as such the likelihood of any of these senior players going to jail is less and less likely. It is within the law and we need to adhere to the law. The played ones become the players to not go to jail. I have no idea if it happens, whether they escape the noose or escape the ridicule, what is a clear given that it could have been settled with one piece of rope per neck. Should we do so, than we would be breaking the law, which is something we do not want to do, but in the end, the most likely outcome is a fine, just like with HSBC, it would be a large one, so the council would try to get some kind of deferred prosecution agreement (DPA), which would be the delay they need to get some kind of expiry date after which no one is held liable or accountable for the entire mess. In the end, whatever fine is paid, is paid from the empty coffers of government. Implying that the next wage freeze for nurses and Emergency Staff, the staff of the London Fire Brigade and the London Metropolitan Police will in the end pay for the stupidity of the local council and Grenfell building management.

I wonder how correct I will be in the end. If I end up being 100% correct, I feel sorry for whomever will have to deal with the rage of the public, because this could still get really ugly over the next 4-5 months.

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The new Monopoly game

Do you remember playing monopoly? Did you ever play it? I grew up loving it. I am not some realtor, some real estate dreamer beyond the dream of having my own place. Most of us are like that. Just the time when I was young and the family played that game, or plying it with a couple of friends. I ended up having several versions, including the replica original with coins, in a wooden box, just a cool thing to have. So when we consider this game, as the prices of the streets were shown in those days; we knew that blue was the highest an always out of our reach. I lived in a green property for some time, so life felt good, yet today, Yellow, Red, Orange, Purple and light blue are no longer in my view of affordability, in the best case, I might be able to get one of the brown coloured properties. This is how the market changed in a mere 22 years. From an optional 80% of the map to a mere 2 out of 16, that is all that was left to me. So when I read ‘Total UK wealth tops £10tn thanks to City and property boom‘ by Larry Elliott (at https://www.theguardian.com/business/2017/aug/08/total-uk-wealth-city-property-homes-inequality-saving), I just had to laugh. I understand that he might be trying to have a sense of humour about it. Yet when we see “A booming City and rising house prices provided a double boost to Britons holding assets in 2016 as they pushed the nation’s wealth through the £10tn mark, according to a new survey“, the question becomes: ‘How much of that is NOT owned by foreign investors?‘ Is that a weird question or what? Even as we see “Since the better off held a greater proportion of these assets, 40% of the gains of rising share and bond prices went to the richest 5% of households“, is ‘households’ correct or should it read clients represented by British law and accountancy firms, representing foreign interests in the UK? With “The £3.9tn increase in the value of residential property and financial assets owned by UK residents represented a 59% rise, whereas prices rose by 39% and gross household income was up 37%“, we see again the ‘UK resident‘ part and when we take a look at the government (at http://www.ukimmigration.com/investor/uk_investor_visa.htm), we see that basically any person investing in any property (as the London bulk is well over £1 million, the threshold for foreign investors is reached), which beckons the call, when we start digging into UK residents versus UK citizens, how will this all end? Lloyds shows even more sense of humour with “Lloyds said its figure excluded non-residential property and assets held by charities and other non-profit institutions“, which clearly includes all the foreign investors and they are always in it for the profit. It is the final part that gives the new consideration “However, a continued low mortgage rate environment, combined with an ongoing shortage of properties for sale, should help continue to support house prices over the coming months“. This now gives the premise, have the current and previous governments been guilty of betraying the British people by setting the stage of ‘ongoing shortage of properties for sale‘, in this we see the historic part that former Prime minister Margaret Thatcher was the last of the prime ministers giving a rising and clear need for social housing. We see this in the 2015 article from the BBC (at http://www.bbc.com/news/uk-14380936) where the amount of social housing went up in the beginning of her ‘reign’ to the highest ever recorded surpassing 150,000 right-to-buy, it took a small dive and in 1987 it got back to around 140,000, after she was succeeded in 1990, social housing took a steep dive to below 50,000 and from there it just went down and down. At the end of the labour reign in 2010 it was at the lowest stage ever, only now is there a small increase visible in that graph. Yet in the BBC article we also see a problem, even as it compares to 1918 where owner occupied is a mere 23%, the 2012-2013 part where 65% is owner occupied is as I call it ‘misrepresented‘ at 65%, because how much of that is empty and what part is foreign invested? You see, plenty of places in London are not offered for rent, but for lease, so who is the owner in that case and where does this fit in that graph? If we add the privately rented, we see that socially rented is a mere 16% (way higher than 1918), yet as we see the Thatcher numbers, who got the people there and how were the people kept out of affordable housing by not making that available. In Australia it might be as bad as the valid people in NSW housing are on the lists for a time in excess of 6 years. So how is that a solution to solving housing issues? And let’s not forget, when the housing is set and forced to become a larger contributor to social (read affordable) housing, what then remains of this ‘£10tn UK wealth‘ housing side? The fact that both sides of the political isle have been in denial and remiss to get any of that solved and Jeremy Corbyn claims to have a solution by pushing the UK in even deeper debt, deeper by the better part of a trillion pounds. So how does that help anyone?

Now, we might accept and understand that life in London is never affordable ever again, yet the political isles must equally accept that this change could constitute an infrastructure collapse. This gets us to some old news. In August 2014 we saw (at https://www.theguardian.com/news/datablog/2014/aug/07/london-gets-24-times-as-much-infrastructure-north-east-england) the mention ‘London gets 24 times as much spent on infrastructure per resident than north-east England‘ which is a nice title, yet the dangers are shown soon thereafter. With “more than half of that total was down to the decommissioning of the Sellafield nuclear plant in Cumbria – necessary, doubtless, but hardly an infrastructure ‘improvement’ as most people would understand it” we see only part of the danger. The quote “New analysis of public infrastructure spending by IPPR North lays bare the gap between how much capital expenditure there is in the capital than the rest of England” shows another part, yet the actual issue is not what is spent, but what is required to get something done. When we paraphrase it into “analysis of public infrastructure spending by IPPR North lays bare the gap between how much is required for the same amount of work in London compared to the rest of England” we see the dangers, when the infrastructure maintenance is 2400% of the rest of the UK, there is a danger, yet is it the correct one? In February this year, we see a partial repetition of the old Guardian article, yet with updated numbers it shows (at https://www.theguardian.com/uk-news/2017/feb/20/more-than-half-uk-investment-in-transport-is-in-london-says-study) that London requires 50% of all the funds. In all this we are not given any reliable numbers, because in all this I do not see the comparison of £ per mile of rail serviced. Consider that London has 20 times the amounts of rail that most places have and he London rail when stretched can get a person from Waterloo station to Glasgow five times over (OK, slight exaggeration). Yet the message should be clear. As the infrastructure has less options with in addition less people being anywhere near it, the city of London is facing all levels of collapse. Another part was shown on July 17th in the Independent. The title ‘More than half a million social homes in England do not meet basic health and safety standards‘ is the first indication that social housing and infrastructure are beyond collapsing. With quotes like ‘almost one in seven of all social homes in England‘ are below standards, we see a dangerous escalation. So in this we see a mention of 224,000 houses where the most dangerous safety hazards (category one) is seen. It includes “exposed wiring, overloaded electricity sockets, dangerous boilers, leaking roofs, vermin infestations or inadequate security“, yes, the right and proper place to get your partner pregnant and start a family, would you not agree?

Even as we now see that the Grenfell disaster is a first step in looking into cladding, they all seem to forget that the cladding was done to appease the houses around Grenfell, in addition, the other failures and dangers are basically the non-cladding issues, so the mess is a lot bigger. when we consider the quote “Local authorities have a legal duty to act if a category one hazard is discovered, but hundreds of thousands are going unreported or ignored” we see a much clearer situation where government and city council members could be held accountable towards the transgression of ‘reckless endangerment‘ of lives, so in all this, what is the CPS doing? Has the Crown Prosecution Services made any start on taking a look at this, because these 244,000 houses would in theory represent 300,000 people working to some degree for the London Infrastructure, being it the underground, busses or other civil offices, if even 10% falls away, what happens then? How much pressure, increased costs and non-functional infrastructure remains for London at that point? It seems that the City of London has no way of dealing with such dangerous terms. As I see it, Lord Mayor Sadiq Khan has his work cut out for him. We should all agree that he did not cause this, but he can equally agree that it is on his plate at present and his success will be weighed against his ability to lower that danger and remove the hazards within his largely leased London city.

So as we look at the wealth boom, how exactly is it benefiting the UK and specifically London? As London becomes less and less affordable, as its ‘status’ as premium investment location continues, we might soon see a London that even the tourists can no longer afford. This is not a danger at present with the dropping pound against the Euro, so London is a great place to visit for Europeans. Yet the reality is that this benefit is merely short term, the dangers as the UK turns its economy around, which they will for certain, gives dangers that the dangers I predict are merely 5 years away. When that happens the tourism part will drop, not by a small part, but by a phenomenal amount (In my speculative view well over 20%), so whoever is investing now needs to get that part back in 4 years, they might be facing deadly competition for the few remaining tourists after that. The Time in 2015 talked about the tourism bubble and set it to greed, I think that it is not merely greed; in all this the infrastructure that is dangerously close to a collapse would be a much larger contributing item in all this. So as we see that the infrastructure is in a dangerous place, we need to wonder how the UK government will be addressing this. It is not like it is not a clearly visible issue. It is merely one of several critical issues that the UK faces. Yet in this, the housing part is also the contributing factor for other sides of infrastructure as well. We saw 3 weeks ago that the NHS has 86,000 posts vacant. Not only can they not be filled, even if there was a person available, the reality is that for nurses life in London has become largely unaffordable, which hits social housing as well as infrastructure, a clear visible item known for the better part of 3 years. As a conservative I would be willing to blame my political party, yet the BBC chart clearly shows that as the conservatives came back into office the social housing curve was moving back up (to the smallest degree). Now, there is part that was done by the previous labour government, but only to an even smaller degree. In this I will end with an article that the Business insider has in 2015, in it we see the minimum income per area, when we take a look is that only the cheapest place was affordable for NHS nurses, 54 miles from the hospital, anything nearer would require double the income they presently have, some places are forever out of their reach. Even whilst I know of some places in Swiss Cottage, Southwark and West Brompton, it is shy of the 86,000 places, it will not even give aid to 1%, or 860 places to live in. So, as some people are shrugging at the £10tn wealth value, or the imaginative issue that the NHS problem will solve itself. We need to realise that a few of these issues were interconnected and have been for many years. In this Labour and Conservatives are both to blame, they achieved nothing in stopping, or decently reducing the danger. So when you look at the Monopoly board consider the 22 places and which of these streets you cannot afford a place to live in. So how was this UK wealth any help in resolving the quality of life for those not in the top 5% wealth part, which amounts 98.85% of the UK population, foreign investors excluded.

Consider that side when the next rent is due, and more important, even as all the papers are shouting about rent drops, in the end, the rental price is merely increasing slower for now. With the rent being on average set to £1,500, the 12 month increase is set between £22 and £35 a month depending on your condition, so when you consider that if these people are lucky, their pay increase ended up being up to £61 a month, we see that the increase only takes care of the rent, it will not hold water to take care of the increased price of groceries or heating, so the outlook for the British tenant will be gloomy this Christmas. And before you start blaming Brexit, it would not have mattered one bit. If anyone tells you different, as I personally see it, they would be lying to you.

The people in Britain are seeing a new Monopoly board. Where you start with £800 and passing start gets you a mere £100, in addition add 15% to every street in the first 5 turns and add another 15% for the rest of the game. The final changes are 40% more due for any station and set utilities to 15 times rolled, regardless if it is one or both owned. Now we get a slightly more realistic version of the game as we live it today, so how far would you get in that version of the game? I might want to add that we would need to add 4 pubs, one for each side and treat them like the stations, yet the amount due is 10 times the rolled dice. It seems that our childhood monopoly is the one we still think we live at times, even as we never had any ambitions to own hotels, we always expected to get one house in one street sometimes in our lives; the reality is that this is no longer an expected reality. The reality is now that whomever owns and keeps a place, leaving that to the children is the only guarantee that they have any future at all in the UK, a reality that was not due to Brexit, but due to a government having other commitments, one that was to spending too much whilst not having any backup in place, it is the reality all in the UK face until well over 2040. I still believe that the conservative path to diminish the debt is the only way out and when we consider the news about the £40 billion divorce bill, that is not too weird, because at present Mario Draghi is spending 150% of that every month and getting out now seems to be a lot safer than being around when that collapses, or is that explodes into the faces of EU citizens? Most disagree with me on that, loads of them with economic degrees and that is fine. As I see it, the people all over are in denial of previous debts made and seem to imply that it is not for them to solve, so at your banks when you borrow £2500 every month to pay for things like rent, do you think that you will not have to pay any of it back? Do you think that financial institutions are that philanthropically minded? So as City AM announced on July 17thEurozone inflation fell in June, the European Commission today confirmed, easing pressure on the European Central Bank (ECB) to start tightening monetary policy at its next announcement on Thursday”, yet a week later we see “Draghi struck a dovish tone at the meeting in Frankfurt, with no firm date given to an announcement on the future of the quantitative easing programme, but investors were not convinced”, which we got on Friday July 21st. So as the spenders are all in denial on several levels, we see that their impact could be a disaster for London when that hits, I have stated in personal belief that getting out of that mess sooner would be essential for the UK. A mere week ago we saw (at https://www.bloomberg.com/news/articles/2017-08-03/big-investors-losing-faith-in-europe-s-ecb-fuelled-junk-rally). Now we see the first mention, not of QE, but the mentioning of ‘ECB-Fuelled Junk Rally’, Bloomberg is now speaking almost the same parts that I have advocated against for many months. With the quote “Deutsche Asset Management has reduced holdings of European junk bonds in its 100 billion euro ($106 billion) multi-asset portfolios and JPMorgan Asset Management says investors should brace for a tough second half. BlackRock Inc. says risks for European credit are tilted to the downside and Nataxis SA recommends dialing back high-yield debt exposure” the large players seem to accept (read: come to the conclusion) the dangers I warned for, for many months, this is a dangers that Brexit should avoid. So, as some players are trying to delay it all, so that the UK gets part of that additional 2 trillion (as I see it).

These matters are connected, you see, when those players try to escape the sewers they will seek other parts that give rise to returns on investment that avoids their downfall, this is where the Monopoly game comes in. Because the reality is that this mentioned UK wealth of £10tn could be the escape hatch they need, yet in that the dangers to the infrastructure would only increase, I might be wrong in that view, yet it is merely my view. So feel free to disagree, providing you do not cry when I am proven correct yet again.

 

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