A random Musing to which I do not know the answer - England and Public Right of Way.
Does the existence of a proven Roman Road mean that there should be public access now on the basis of previous use in Roman times?
Do we have case law?
IANAL, but my guess would be no, based on the fact that existing routes are not public rights of way of they are closed 1 day a year. Unless it has been in continuous use, I think it does not automatically qualify.
Yes, but there are also plenty of PROWs which are not registered - Theresa Villiers was trying to get these closed for eternity by the back door by withdrawing the right to apply.
Here's an application where usage of a Roman Road was cited as part of the established usage (but this is "likely continuous for two millenia" not 20+ years in the 3rd Century):
E.2. The Roman Road remains a minor sealed public road south of the application way at A, and is recorded as a public bridleway north of the application way at B towards Betteshanger. The application way itself is shown on earlier maps as an ordinary part of the local road network, but seems to have been omitted from being given a tarred surface in the early years of the twentieth century, probably because the way north of B was already in decline as a through vehicular route, and because the spur northwest from A towards Willow Road and Tilmanstone sufficiently fulfilled the requirement for connections heading north out of Studdal. However, as a part of the Roman Road, it seems likely that the application way has remained in continuous use for nearly two millenia.
If it has not been in continuous use, it's not a PROW as I understand it
The right to make a spurious application ends 25 years after the CROW Act of 2001. About time too. Always was a nonsense since the Socialist Ramblers Association became the Ramblers Association. Of course Blair's "Right to Roam" has been a complete non-event. That was always going to be the case when the section was added prevented spurious injury claims.
I don't get this at all. Why is there a time limit? It just incentivises landowners to make it as difficult as possible for people to assert their rights.
Where are the Magna Carta types? Usually so noisy.
I'm not actually that bothered, as someone who uses RoW a great deal. In particular, without knowing the local area, that stretch of Roman Road seems utterly pointless to turn into a RoW given the network of paths and roads in the area.
A good many existing footpaths and bridleways are pointless. In my attempt to run all the local paths, I only had one GOML (*). It was when I was attempting to run a short stretch of footpath across a field, that led to and from a good bridleway. It is on the map below, just to the south of Home Farm.
The bridleway is good, and the footpath absolutely pointless. I had a chat with the farmer and headed back.
Instead, I would like to see a little intelligence put into the RoW network. Some areas have a surplus of footpaths; whilst others - notably parts of Lincolnshire - have few. Build new access routes that people will actually use, especially in areas that have few. Talk to Slowways and locals to see where there are massive gaps in the network, and fill them in, rather than spending lots of money trying to get even more RoW's in areas that have lots of them.
(*) Get Off My Land.
I guess the whole idea seems alien to me, coming from Scotland. In some ways England's path network is more liberal, with motorised vehicles blasting past you on some fells, while on others even bicycles are prohibited.
It's quite fun cycling up to enormous steel gates in Scotland and buzzing for entry. They swing open silently as the estate manager glares at you through the CCTV.
A Wall Street Journal analysis of daily financial statements issued by the Treasury Department found government spending since the inauguration is $154 billion more than in the same period in 2024 during the administration of former President Joe Biden.
A frank if sobering report on German equipment operating in Ukraine, I guess these failings will be present in most western weapons to a greater or lesser degree. The older stuff seems to work best.
I don't think there's anything there that should be too surprising: nothing exposes the real flaws of equipment except actual warfare.
And it is worth remembering that Russia suffers, in their own ways, from identical issues: i.e. they too won't be able to repair equipment near the front due to drone attacks, etc.
Standard-issue Guardian immigration article deliberately missing out the key information: what visa he was on. He either won't tell the Guardian, or they know and know it would undermine the article.
“Trump’s back in town” being totally normal behaviour of course.
No-one's defending that. But the whole article is dissembling, as per. Was his deportation legal or not?
Worth noting that the Republicans are introducing a Bill to tighten up the rules around what sort of identification will be needed to vote in a way which could deprive women of the vote. They are suggesting that passports or birth certificates or driving licences will be needed. But married women who change their name will have a name different to that on their birth certificate. So if they don't have a passport or driving license they could be in difficulties.
The view is that this wont pass the Senate.
Let's hope so.
The Democrats will filibuster it, and there's no way it gets 60 votes.
are you sure? The last time the dems had that chance they caved.
Why would the Republicans not use the nuclear option to allow a 50% majority to be used.
They have quite happily ignored things like the law and the constitution, so I don't see why not.
Because the issue is probably not important enough for them. If the Democrats vote it down, it plays to their narrative of their opponents being in favour of electoral fraud.
It's a nice antique wrought iron estate gate, and an historic exhibition of a landowner expressing bollocks - because normal trespassers cannot be prosecuted, just asked to leave. Though persistent (ie squatting) trespassers could be prosecuted through obtaining a Court Order. That latter process was made a little easier in 2022.
If it's a PROW, which I don't think it is, the LHA could be made to make the owner remove the sign as an interference.
I'd like that for my lounge wall, were it available. It would go next to the Camp Coffee advert.
In Chelmsford Hospital A&E. So far queued 30 minutes to book in, let alone see anyone. Fortunately not serious; Mrs C has gashed her leg badly and the GP has dressed it but thinks she’ll need to see the Plastics team. So here we are!
Best wishes to Mrs C. I hope you get seen before the Friday evening rush.
Update. Being seen now. I’m sitting outside; Eldest Granddaughter, who fortunately was visiting today, and Organises Things, is with her.
That sounds (sorry !) like one to appoint as your Executor.
If solicitors need to be beaten between the legs with a metaphorical baseball bat, she sounds to be the one.
Shows how they are vulnerable to different opponents across the country
I think many of us on here looked at the GE result last year and thought that if it's closer next time, Labour will probably get a chunk of the 2024 Green vote. That might not be the case.
The Green’s electoral success despite virtual media invisibility and a set of policies that make about as much sense as Reform’s remains a mystery to me. Even political hobbyists would struggle to name their MPs.
Green voters tend to be those for whom Starmer is too right-wing and who liked Corbyn
The default party for naice Southern voters with bookshelves and an EV is now the Lib Dems, and the Greens are their protest vote if they are a bit lefty
The default party for rufty-tufty working class folks made good used to be Labour or Conservatives, but now it's Reform
Goodness knows where Labour and Conservatives fit in this new world order... ☹️
Except the Greens also manage to snaffle the rural eco-NIMBY vote too. Quite clever dual positioning. The Lib Dem opportunistic nimby reputation is not entirely unfounded and remains a deeply irritating blight to many party members, but the reputation has gone somewhat ahead of reality. The champions of rural nimbyism are and will remain the conservatives, with Greens fighting hard for the title.
No it is the reality, in the shires it is Tory councils most likely to have Local Plans with lots of new homes (and Labour councils in urban areas), LD councils tend to be more Nimby and any councils with Greens and Independents on even more Nimby. Reform councillors are increasingly Nimby as well
Standard-issue Guardian immigration article deliberately missing out the key information: what visa he was on. He either won't tell the Guardian, or they know and know it would undermine the article.
“Trump’s back in town” being totally normal behaviour of course.
"...we cannot answer questions on something we cannot verify the veracity of...”
I'm guessing the demented Don might need another month of such figures before he comes round to realising that Xi is even more bloody minded than he is - and doesn't have to worry about public opinion.
Indeed possibly the one threat to Xi's position might be if he were to fold in such a direct confrontation with the US.
Clearly China holds a large stock of US Treasuries and has the ability any point to manipulate Bond Yields by aggressively selling it's holdings. So although China exports more to the US than China exports from the US the power balance is much finally balanced.
China have already announced they will never call - because they don't need the US (US exports are 2% of GDP).
The US consumer on the other hand is going to discover Christmas and Halloween decorations aren't available this year.. Yes other things will also disappear but I suspect the lack of whole sections of product will be very obvious symbol of how Trump has changed the world.
A Wall Street Journal analysis of daily financial statements issued by the Treasury Department found government spending since the inauguration is $154 billion more than in the same period in 2024 during the administration of former President Joe Biden.
Not sure of how much of this would relate to the increased debt servicing costs from the increased Federal Debt. I am sure also the is a lag in spending i.e. when invoices have been presented for previous work carried out during Biden's administration and large one off procurement's you would need to establish a trend for a longer period of time before passing judgement.
A Wall Street Journal analysis of daily financial statements issued by the Treasury Department found government spending since the inauguration is $154 billion more than in the same period in 2024 during the administration of former President Joe Biden.
Not sure of how much of this would relate to the increased debt servicing costs from the increased Federal Debt. I am sure also the is a lag in spending i.e. when invoices have been presented for previous work carried out during Biden's administration and large one off procurement's you would need to establish a trend for a longer period of time before passing judgement.
Standard-issue Guardian immigration article deliberately missing out the key information: what visa he was on. He either won't tell the Guardian, or they know and know it would undermine the article.
“Trump’s back in town” being totally normal behaviour of course.
"...we cannot answer questions on something we cannot verify the veracity of...”
We are not going to respond to the allegations without knowing who the allegators are.
A Wall Street Journal analysis of daily financial statements issued by the Treasury Department found government spending since the inauguration is $154 billion more than in the same period in 2024 during the administration of former President Joe Biden.
Not sure of how much of this would relate to the increased debt servicing costs from the increased Federal Debt. I am sure also the is a lag in spending i.e. when invoices have been presented for previous work carried out during Biden's administration and large one off procurement's you would need to establish a trend for a longer period of time before passing judgement.
But DOGE has been cutting $2bn a day, right?
Good point , clearly any cuts would also lag if indeed they ever materialise
China have already announced they will never call - because they don't need the US (US exports are 2% of GDP).
The US consumer on the other hand is going to discover Christmas and Halloween decorations aren't available this year.. Yes other things will also disappear but I suspect the lack of whole sections of product will be very obvious symbol of how Trump has changed the world.
Dont think you will need to celebrate halloween this year. By October things will be scary enough as it is. Just put a pic of Trumps stupid orange face on your door to scare everyone.
China does not need to call the US. The US needs to call China. That Trump is so dumb not to understand that is a little mind-boggling.
Albeit China exports more to the US than the US does to China
China: Increase global exports by only 6% to match the volume formally sold to the US Murica: iPhones cost HOW MUCH? Why is my local store no longer stocking all of the products I used to buy?
China can afford to tell America to go fuck itself. And appears to have done so.
China have already announced they will never call - because they don't need the US (US exports are 2% of GDP)....
Isn't it rather more than that as a percentage of GDP ? (And also as a percentage of US GDP.)
I think the point is perhaps rather that China has significantly more headroom to increase domestic demand. It's also less susceptible to adverse public opinion, and doesn't have the huge US debt burden.
A halt to bilateral trade will damage both economies, but I am guessing one will be able to bear the pain longer than the other.
The 'good' outcome of Trump's giant fuckup is the growth in the number of people who realise he was always wearing no clothes.
Up to this point large numbers of people have paid attention to his bullshit out of deference to the office, but he has so thoroughly debased it those numbers are dwindling.
America’s main equity benchmark sank by 3.5% on Thursday; the dollar is again falling against other major currencies. And bond prices have dropped once more, pushing up their yields
A halt to bilateral trade will damage both economies, but I am guessing one will be able to bear the pain longer than the other.
The more interesting question is which leadership can bear bad press for longer
That was my point. China's public opinion doesn't count.
After Vances "peasant" remarks have infuriated the chinese they are fully behind Xi.
That's certainly possible. But the more worrying implication is that Trump could only hope to win this battle, if the US were a similarly authoritarian society.
A random Musing to which I do not know the answer - England and Public Right of Way.
Does the existence of a proven Roman Road mean that there should be public access now on the basis of previous use in Roman times?
Do we have case law?
IANAL, but my guess would be no, based on the fact that existing routes are not public rights of way of they are closed 1 day a year. Unless it has been in continuous use, I think it does not automatically qualify.
Yes, but there are also plenty of PROWs which are not registered - Theresa Villiers was trying to get these closed for eternity by the back door by withdrawing the right to apply.
Here's an application where usage of a Roman Road was cited as part of the established usage (but this is "likely continuous for two millenia" not 20+ years in the 3rd Century):
E.2. The Roman Road remains a minor sealed public road south of the application way at A, and is recorded as a public bridleway north of the application way at B towards Betteshanger. The application way itself is shown on earlier maps as an ordinary part of the local road network, but seems to have been omitted from being given a tarred surface in the early years of the twentieth century, probably because the way north of B was already in decline as a through vehicular route, and because the spur northwest from A towards Willow Road and Tilmanstone sufficiently fulfilled the requirement for connections heading north out of Studdal. However, as a part of the Roman Road, it seems likely that the application way has remained in continuous use for nearly two millenia.
If it has not been in continuous use, it's not a PROW as I understand it
The right to make a spurious application ends 25 years after the CROW Act of 2001. About time too. Always was a nonsense since the Socialist Ramblers Association became the Ramblers Association. Of course Blair's "Right to Roam" has been a complete non-event. That was always going to be the case when the section was added prevented spurious injury claims.
I don't get this at all. Why is there a time limit? It just incentivises landowners to make it as difficult as possible for people to assert their rights.
Where are the Magna Carta types? Usually so noisy.
I'm not actually that bothered, as someone who uses RoW a great deal. In particular, without knowing the local area, that stretch of Roman Road seems utterly pointless to turn into a RoW given the network of paths and roads in the area.
A good many existing footpaths and bridleways are pointless. In my attempt to run all the local paths, I only had one GOML (*). It was when I was attempting to run a short stretch of footpath across a field, that led to and from a good bridleway. It is on the map below, just to the south of Home Farm.
The bridleway is good, and the footpath absolutely pointless. I had a chat with the farmer and headed back.
Instead, I would like to see a little intelligence put into the RoW network. Some areas have a surplus of footpaths; whilst others - notably parts of Lincolnshire - have few. Build new access routes that people will actually use, especially in areas that have few. Talk to Slowways and locals to see where there are massive gaps in the network, and fill them in, rather than spending lots of money trying to get even more RoW's in areas that have lots of them.
(*) Get Off My Land.
I guess the whole idea seems alien to me, coming from Scotland. In some ways England's path network is more liberal, with motorised vehicles blasting past you on some fells, while on others even bicycles are prohibited.
It's quite fun cycling up to enormous steel gates in Scotland and buzzing for entry. They swing open silently as the estate manager glares at you through the CCTV.
The whole of the Right to Roam etc etc was based upon an untruth. No-one could ever be prosecuted for trespass because it was a CIVIL offence. Thus, if you walked on my land laying waste to an acre of corn in ardaw, that is standing in the field, or with a dog worrying a lamb, or a duck then I could sue you for the damages, that is what trespass was. (And the ongoing costs of recovery).
Now displaying a sign or anything which discourages use of a PROW IS and always was an offence. The Mass Trespass on Kinder Scout was always a problem but for the Ramblers Movement it was something of a storming of the Bastille (where no prisoners were housed to be released if you remember).
THe drawings / films etc etc concerning the same, which you had to view as member of an Access Cttee of a National Park were uncomfortably homoerotic, Brokeback Mountain, before that was ever filmed.
The problems with the Definitive Maps are and always have been legion. For instance did you ever use the map of the UK at the back of a diary, to find the M6 say. Did you notice that on the map it was about 5 miles wide ? Definitive maps have or used to have the same issue. Often they were up to 50 ft wide on the definitive map, being as how they were drawn with a wide nib to make them show up.
Then there are the lies. In my former life I maybe chaired a dozen ROW Cttee enquiries. As a Cttee member typically you got an Agenda an inch thick, per item. These were full of personal statements always sworn. Standout example was the horse rider who had taken her horse on a monthly, weekly, maybe even daily ride over the course of the claimed Bridleway. Unfortunately for her it had, and always had had a cutting and a hedge which dwarfed anything on the Grand National Course. More usually there was recourse to Lloyd George's 1910 Finance Act maps. If the then owner had claimed a reduction on his rates then you were truly fucked.
China does not need to call the US. The US needs to call China. That Trump is so dumb not to understand that is a little mind-boggling.
Albeit China exports more to the US than the US does to China
China: Increase global exports by only 6% to match the volume formally sold to the US Murica: iPhones cost HOW MUCH? Why is my local store no longer stocking all of the products I used to buy?
China can afford to tell America to go fuck itself. And appears to have done so.
Murica: I can't decorate my house with lights for xmas and there are no kids toys in the shops. WTF??!!
Interesting and plausible evidence from David Pakman of a development in the USA turning to fascism; an attack on the circulation of books. Worth keeping an eye on:
China does not need to call the US. The US needs to call China. That Trump is so dumb not to understand that is a little mind-boggling.
Albeit China exports more to the US than the US does to China
China: Increase global exports by only 6% to match the volume formally sold to the US Murica: iPhones cost HOW MUCH? Why is my local store no longer stocking all of the products I used to buy?
China can afford to tell America to go fuck itself. And appears to have done so.
Murica: I can't decorate my house with lights for xmas and there are no kids toys in the shops. WTF??!!
So much winning. Its a beautiful thing.
Meanwhile, in China, they have no real impact at all having had a great year promoting trade with notAmerica.
A sentence you probably never saw @EdWhelanEPPC write before, and you'll probably never see again: "The fact that I am agreeing with Sotomayor signals how ludicrous DOJ’s position is."
The U.S. Department of Justice's argument “implies that it could deport and incarcerate any person, including U.S. citizens, without legal consequence, so long as it does so before a court can intervene.”
BlackRock CEO Larry Fink is in full panic mode over Trump’s new tariffs, warning they’re shaking global markets and pushing the U.S. toward deeper economic trouble.
He says the U.S. has gone from being a global stabilizer to a destabilizer under Trump’s leadership.
Fink also raised red flags about rising inflation and surging home prices, calling it a self-inflicted crisis driven by Trump’s tariff policies.
"This is not a pandemic. This is not a financial crisis. This is something that we’ve created."
As you may recall, following Brexit I panicked regarding the value of GBP, and at one point actually had $3000 in my back pocket as a reserve. In the following years I became more rational and set up a reserve of foreign currency, USD and EUR, to act as a cushion.
So as you can imagine my reaction this week as the USD collapsed was (AARGH!) not good. But I neglected to check on EUR, and incredibly EUR has risen as fast as USD has fallen. Although I don't know how far down USD will go (I keep thinking I should buy USD around £1=$1.35), it appears that my EUR holding more than compensates, and it appears that I am £300 up on the past 10 days.
Comments
It's quite fun cycling up to enormous steel gates in Scotland and buzzing for entry. They swing open silently as the estate manager glares at you through the CCTV.
A Wall Street Journal analysis of daily financial statements issued by the Treasury Department found government spending since the inauguration is $154 billion more than in the same period in 2024 during the administration of former President Joe Biden.
https://bsky.app/profile/dustinvolz.bsky.social/post/3lmk5rph3v22e
And it is worth remembering that Russia suffers, in their own ways, from identical issues: i.e. they too won't be able to repair equipment near the front due to drone attacks, etc.
If the Democrats vote it down, it plays to their narrative of their opponents being in favour of electoral fraud.
If it's a PROW, which I don't think it is, the LHA could be made to make the owner remove the sign as an interference.
I'd like that for my lounge wall, were it available. It would go next to the Camp Coffee advert.
The same site on the map which shows ROWs.
https://maps.nls.uk/geo/explore/side-by-side/#zoom=17.1&lat=53.39061&lon=-1.10921&layers=173&right=OSLeisure
If solicitors need to be beaten between the legs with a metaphorical baseball bat, she sounds to be the one.
Incredible guy.
Joe Weisenthal
@TheStalwart
·
14m
Horrendous numbers
*UMICH PRELIM APRIL CONSUMER SENTIMENT FALLS TO 50.8; EST 53.8
*UMICH YR-AHEAD EXPECTED INFLATION AT 6.7%, HIGHEST SINCE 1981
https://x.com/TheStalwart
He just posted that China needs to call him...
China has not called.
Someone showed me the 'famous' Glasgow airport runway section of the M8, which is mind boggling
Indeed possibly the one threat to Xi's position might be if he were to fold in such a direct confrontation with the US.
Israeli security officials have suddenly realized that Trump is not actually eager to bomb Iran.
https://x.com/gbrew24/status/1910405761831678446
@HansNichols
Scoop: Gabbard installs Iran dove to prepare Trump's intel briefing
https://x.com/HansNichols/status/1910703826966900985
The US consumer on the other hand is going to discover Christmas and Halloween decorations aren't available this year.. Yes other things will also disappear but I suspect the lack of whole sections of product will be very obvious symbol of how Trump has changed the world.
He is actually quite good at politics (or rather not as shit as the last rump)
Murica: iPhones cost HOW MUCH? Why is my local store no longer stocking all of the products I used to buy?
China can afford to tell America to go fuck itself. And appears to have done so.
(And also as a percentage of US GDP.)
I think the point is perhaps rather that China has significantly more headroom to increase domestic demand. It's also less susceptible to adverse public opinion, and doesn't have the huge US debt burden.
A halt to bilateral trade will damage both economies, but I am guessing one will be able to bear the pain longer than the other.
Up to this point large numbers of people have paid attention to his bullshit out of deference to the office, but he has so thoroughly debased it those numbers are dwindling.
China's public opinion doesn't count.
@TheDailyShow
Sure, Trump wrote "The Art of the Deal," but has anyone read chapter nine?
https://x.com/TheDailyShow/status/1910710002110603278
America’s main equity benchmark sank by 3.5% on Thursday; the dollar is again falling against other major currencies. And bond prices have dropped once more, pushing up their yields
https://x.com/TheEconomist/status/1910711682558484730
Migrant detainees should be in El Salvador prison "for the rest of their lives," Noem says
https://www.axios.com/2025/04/09/kristi-noem-migrants-trump-ice-prison
This isn't just some MAGA nut (though she is that), it's the administration's Homeland Security Secretary.
But the more worrying implication is that Trump could only hope to win this battle, if the US were a similarly authoritarian society.
Now displaying a sign or anything which discourages use of a PROW IS and always was an offence. The Mass Trespass on Kinder Scout was always a problem but for the Ramblers Movement it was something of a storming of the Bastille (where no prisoners were housed to be released if you remember).
THe drawings / films etc etc concerning the same, which you had to view as member of an Access Cttee of a National Park were uncomfortably homoerotic, Brokeback Mountain, before that was ever filmed.
The problems with the Definitive Maps are and always have been legion. For instance did you ever use the map of the UK at the back of a diary, to find the M6 say. Did you notice that on the map it was about 5 miles wide ? Definitive maps have or used to have the same issue. Often they were up to 50 ft wide on the definitive map, being as how they were drawn with a wide nib to make them show up.
Then there are the lies. In my former life I maybe chaired a dozen ROW Cttee enquiries. As a Cttee member typically you got an Agenda an inch thick, per item. These were full of personal statements always sworn. Standout example was the horse rider who had taken her horse on a monthly, weekly, maybe even daily ride over the course of the claimed Bridleway. Unfortunately for her it had, and always had had a cutting and a hedge which dwarfed anything on the Grand National Course. More usually there was recourse to Lloyd George's 1910 Finance Act maps. If the then owner had claimed a reduction on his rates then you were truly fucked.
US REQUESTS A XI-TRUMP CALL
And now, Donald panics and calls Xi first.
You know what they say about the person who calls first in a negotiation?
Panican!
https://x.com/SpencerHakimian/status/1910689705655435667
https://www.youtube.com/watch?v=GtEymx55dnU
Bonds are getting crushed again today. Now it looks like selling is coming from foreigners, especially Europe.
China is believed to hold several hundred billion of US Treasuries in legal entities in Belgium and Luxembourg.
The 10-year continues to get crushed today ... just traded 4.57%.
Higher than Tuesday's peak of 4.51%
*US 10-YEAR YIELD HITS HIGHEST SINCE FEBRUARY AS SELLOFF RESUMES
Where is the selling coming from?
Answer: Europe
The dollar is going straight down, and US yields are going straight up as this chart shows.
This relationship has broken this week.
The Euro is going vertical (dollar going straight down).
Over the last 3 days, US yields are going straight up and European yields are going straight down.
Sell US bonds and buying European bonds.
Which Europeans are selling UST?
Unknown but, China is thought to holds hundreds of billions of UST in Belgium (orange) and Luxembourg (blue).
Note not all these holdings are Chinese. But they are way outsized relative to the size of the economies.
https://x.com/biancoresearch/status/1910703743575994697
Meanwhile, in China, they have no real impact at all having had a great year promoting trade with notAmerica.
NEW THREAD
The U.S. Department of Justice's argument “implies that it could deport and incarcerate any person, including U.S. citizens, without legal consequence, so long as it does so before a court can intervene.”
https://x.com/jimgeraghty/status/1910698602579534219
Clerked for Scalia, about who he has written three books, and was instrumental in helping appoint Kavanaugh to the Supreme Court.
He says the U.S. has gone from being a global stabilizer to a destabilizer under Trump’s leadership.
Fink also raised red flags about rising inflation and surging home prices, calling it a self-inflicted crisis driven by Trump’s tariff policies.
"This is not a pandemic. This is not a financial crisis. This is something that we’ve created."
https://x.com/ShadowofEzra/status/1910693995698700558
So as you can imagine my reaction this week as the USD collapsed was (AARGH!) not good. But I neglected to check on EUR, and incredibly EUR has risen as fast as USD has fallen. Although I don't know how far down USD will go (I keep thinking I should buy USD around £1=$1.35), it appears that my EUR holding more than compensates, and it appears that I am £300 up on the past 10 days.
Which is nice.
https://www.xe.com/currencycharts/?from=GBP&to=EUR&view=1M
https://www.xe.com/currencycharts/?from=GBP&to=USD&view=1M