Mostly I'd agree, except for the strange times we are in. As someone paid more than they spend, with a cash pile that's bigger than most people can save, smaller than many, but probably excessive in … (View Post)

Suspect that they key bit of the story gets lost in the averages. There are some businesses and individuals who are sitting on very large piles of cash that they don't really know what to do with. Wh… (View Post)

Talking of which, another perspective on that report that Brexit backers were soo keen to rubbish overnight; Yet the pursuit of truth demands we try to overcome such cognitive biases. I was part of t… (View Post)

On topic, the Coalition majority of 77 was probably in the sweet spot. Big enough to withstand wobbles, not so big that everyone became careless. (The ghost of Francis Pym waves sadly.) (View Post)

There was a plan, and the fact of the coalition gave permission to have the Quad to deal with events, which helped with the stability. But some load-bearing bits of the plan were left out, presumably… (View Post)