As the market had already priced in a cut, but expected that cut to be less-narrowly voted for, and thus more likely further cuts in the future priced in too. A 5-4 vote indicates lower likelihood of… (View Post)

Yes, but it involves a constitutional amendment passed by two-thirds of both houses of Congress, and ratified by three-quarters of US States. (View Post)

We got rid of slums by replacing them with record construction levels that have never been matched since the atrocious town and country planning act was passed. We should do again what was done then.… (View Post)

I don't understand the logic of Erasmus. 40k people is considerably more than 9,900. £100m is considerably less than £570 million. If we have a half billion pounds lying about to spend on tertia… (View Post)

He is halfway there. (View Post)