Even with Europe everyone is in the potentially unreliable category now including us. Chances are at least one of Le Pen, Farage or the AfD will rule within a decade. (View Post)

Could yes, its a real risk under Trump but quite how likely it is to be implemented who knows. Personally new investments are currently going into excluding US funds but not moving what I already hav… (View Post)

Cosying up is wrong. But so is closing ourselves off. The US has passed legislation allowing the government to impose a 50% additional tax on overseas holders of US shares. That is us and our pension… (View Post)

Clearly the prospects for democracy are bleak. I am not sure it is even compatible with social media, at least as currently structured. We are rapidly moving to autocracy. (View Post)

Two thirds of the world was already unreliable pre Trump, now it is closer to 90%. Sure we should mitigate our reliance on China, but it is more absurd to pretend we can live fully independently of c… (View Post)