The Anti Establishment movement is growing stronger every day. Blair is part of the Establishment and they can not accept the loss of power influence and wealth they lose when not part of the ruling class.
Just like in America, WE the PEOPLE understood that our country is headed in the wrong direction. We elected an outsider who said exactly what everyone was thinking. The Media tried very hard to control the votes but they failed and TRUMP won.
Over the last 8 years of Obama's reign the Elite Establishment has gotten richer and richer while the ranks of the poor swell and the middle class shrinks!Read more
It has never been easy to keep the "sovereign" responsive to the will of the people.
There always seem to be those who will find a way to appoint themselves as the next higher authority, whether it be by dint of royal blood or at the point of a sword or merely by shouting the loudest and the longest.
The idea that a small "group" of dissatisfied "citizens" (with or without the aid of outside forces) can find a way to overturn a binding vote of a sovereign people is repugnant.
In the end, it will be up to the people to enforce their will or accept subjugation and loss of self-determination.Read more
This is not just about China It is about QE and the lack of. The unlikelihood of an interest rate rise which is a red flag the system is broke and overvalued asset pricing. The Dow isn't prepared to take its medicine. It is screaming for more QE and it can't hike rates because to do so would only pop the bubble in stocks anyway.
The system is broken and the heroin addict markets screaming for monetary stimulus need to go cold turkey for the sake of the global economy.Read more
China's ruling party seem to want capitalism without boom and bust, which is impossible. In fact you have to wonder about their GDP figures for the last 30 years, since the growth numbers always hit the state plan.
I'm reminded of a geography class about 25 years ago, where my friend, now a highly successful economics consultant got into regular arguments with the teacher.Read more