What’s piqued my interest this week?
In the last month a couple of don financial bloggers have again weighed in with their opinions on Brexit. First as Brexit entered the terrible twos TI reflected on his opinions and public opinions of it during that time (1). If you want a case example of the arguments that result check out the comment section.
So here’s my opinion, in the form of a Malcolm Tucker quote.
I’m just fed up to the back teeth of it all. In fact, beyond the back teeth. Brexit is the acidic backwash dissolving my oesophagus so I can’t feel when I’m swallowing whatever witches brew bitter pill this coalition of the inadequate and unelectable cook up.
This week the white paper on what the government would like from the EU as a deal finally arrived (3). Boris postured and buffooned his way out of the door looking for a front page splash. Rees-Mogg said something Dickensian. Trump weighed in with his usual bleached orangutang demeanour in The Sun (4). The. Bloody. Sun. Proving once again he’s Zaphod Beeblebrox incarnate.
I actually thought the white paper represents a decent compromise. Mujtaba Rahman’s opinion piece in the Guardian hits the nail on the head (5). Brexit is such a divisive premise that no one political party can agree on what to do. It is one last political hand grenade lobbed as a ‘look that-away’ by the arch-distracter Cameron. Danny Dyer has the right of it (6):
Lloyd’s have followed other companies in suggesting that Brexit will hasten or push them to move abroad (7). There’s been so many companies threatening Brexit-related doom that I take it all with a pinch of salt. No-one knows what’s going to happen, as no-one adequately explained or researched what could. Brexit is such a nebulous concept everyone wants something different, and some lack the ability to articulate what they want anyway. Because of this, a government who’ve basically followed whatever the prevailing populous wants (or shouts loudest for) are paralysed, dithering. So much for leadership.
Have a great weekend,
- Fiat workers strike because Juventus sign Ronaldo (only the Italians) (8)
- ‘Build-a-bear’ runs a promotion, is too successful, winds up it’s clients (9)
- Poundworld closes another 80 stores (10)
- Britons ‘too scared’ to invest (11)
- If there’s a hosepipe ban, here’s what you can and can’t do (12)
- Tesco Bank online services struggle for second time in two weeks (13)
- Stoke is the debt capital of England and Wales, followed by Plymouth (14)
- Companies are bidding up Sky (15)
- Monzo, in a nifty bit of PR, release info to the Guardian on all the methods they’ve uncovered used by scammers (16)
- How the BBC Lost the Plot on Brexit – NY Review of Books (thanks TI) (17)
- Monevator’s weekend reading discusses the new savings research above (18)
- UK Value Investor – 3 High yield capital light compounders (19)
- DIVInvestorUK reflects on his investing strategy (20)
- A stack of posts from The Frugal Cottage, including this reviewing their dividend income (21)
- The Fire Starter runs a two part-er on how to make money on each way betting – part 1 (22)
- and part 2 (23)
- Weenie goes on holiday and blows the budget (24)
- MMM talks about his tiny house plans (25)
- The Escape Artist on the fairness of life (26)
- Firevlondon reviews June’s finances (27)
- A bevy of posts from YFG too, this one reviewing P2P lending (28)
- Another, an interview with a chap from Let’s Automate Your Money (29)
- And this on the financial challenges millenials face (30)
What I’m reading:
Eric by Terry Pratchett – light relief
Religio Medici by Sir Thomas Browne – the theological and psychological reflections of a C17th doctor
Enchiridion by Epictetus – Bedside reading for a bad day