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[brucie5] 04/12/2018 15:42

PENDRAGON2
4 Dec '18 - 13:58 - 70279 of 70281
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alp - my take on the EU is fundamentally about the democratic deficit, rather than the price of stuff and taxation, most of all the inability of people to have their views heard and their interests taken into account as detailed policies are shaped. This has always been the case and seems unlikely to change. If I thought the EU could be reformed, I would favour staying in, but I think it is a failed project and should be dumped, not just for the UK. Brexit should encourage the break up of the EU.
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I often hear Brexiteers talking about the tyranny of the EU, when I ask for specific examples, beyond the fabled 'straight banana' which never happened, they can never come up with anything that couldn't be a shared frustration with almost any aspect of health and safety deriving from our own Town Halls or offices of state. As to 'sovereignty', we have been effectively hoist with our own petard, which is to say, that our very own sovereign Parliament, for which this referendum was apparently held to defend, has actually been sidelined, as has our very own system of representative democracy. And now, to make matters worse, it can't come to a majority decision on what it wants, such that it will in great likelihood, need to go back to the People to remind it, because the first vote was framed in such obvious, now, ignorance of the real choices that faced us.

But if this really is about UK sovereignty, I hope we can all agree there really must be a final referendum, to decide on matters that MPs themselves cannot agree on: Hard Brexit, Teresa's Brexit, no Brexit.

Then, and only then, will we be able to assert that the People got what they wanted.

[jtcod] 04/12/2018 14:06

SPI had not come cross GN till last week. It certainly looks to have legs..

[pendragon2] 04/12/2018 13:58

alp - my take on the EU is fundamentally about the democratic deficit, rather than the price of stuff and taxation, most of all the inability of people to have their views heard and their interests taken into account as detailed policies are shaped. This has always been the case and seems unlikely to change. If I thought the EU could be reformed, I would favour staying in, but I think it is a failed project and should be dumped, not just for the UK. Brexit should encourage the break up of the EU.

I shudder at the idea of a Euro-army diminishing NATO (not that I am a fan of NATO) and am appalled by the economic policies linked to managing the Euro. The agri/fish policy was never any good and the important regional policy easy to replicate locally, as is funding for students to cover project like Erasmus. Apart from that the EU is responsible for the travel area and UK has never been in Schengen,

There are all kinds of good stuff in Europe that have nothing at all to do with the EU, like Council of Europe, which the UK will still be part of. There are also a lot of stupid attitudes being revealed from the Europeans, such as locking the UK out of databases associated with security issues and the whole Gallileo SATNAV mess, which only emphasises the stupid nature of Europolitics.

A two year transition period is very different to a binding long term arrangement - the backstop documents read like a long term mini-trade deal not a short term compromise to enable customs clearance in Ireland. It should be sidelined and forgotten.

If Barnier and co want to build a toll booth north of Dublin, they should be talking to the Irish.

[aleman] 04/12/2018 13:45

The US yield curve continues to flatten. 2-10 spread is now +0.12% - about half what it was a week or so ago.

[jtcod] 04/12/2018 13:36

Gallium NitrideI have been auditioning new power amplifiers to try and get more from my million tap 768khz digital audio front-end. Now I know most of you here are not big into HIFI but stick with me because this isn't so much about HIFI as it is about power transmission. It's about the capability of Gallium Nitride and how it is going to change our world.Take a HIFI problem: Reproducing 'real world' transient speed. Anyone can produce loud audio sufficient to replicate that of a real orchestra but the problem for the HIFI world has always been in replicating the 'speed' of real world transients and this is no simple matter. Even today, I could choose from any leading brand of power amplifier on the market and pay as much as £20k, £30k, £100k or even £200k for an amplifier but the speed at which it will replicate transients will still be limited to around 80v per ?S. In the HIFI world this is termed as the Slew Rate. It's a lag on the replication of real world dynamics and it hides detail and hinders timing. I was getting close to choosing a very expensive amp that would perhaps deliver a maximum 30% speed improvement over my existing amp but then I came across a new audio company launching their first power amp. This amp successfully harnesses the rather impressive attributes of Gallium Nitride power MOSFETs as against the traditional use of silicon MOSFETs used across the industry.These mono amplifiers are digital but their design is a nod to tubes even though they are most definitely not tube amps in the traditional sense. Anyway, the point is their slew rate is an incredible 3700v per ?S!! In other words: No more transient slew and all for about £12k. Talk about disruptive technology. hTTp://agdproduction.com/gantube.htmlhTTps://positive-feedback.com/reviews/hardware-reviews/agd-production-vivace-gantube-monoblock-amplifiers/I feel sure that a myriad of other uses will be found for Gallium Nitride. It is already out there in mobile phones facilitating wireless charging but some serious work is also being done on the quest to rid the the world of household power cables, all with the use of Gallium Nitride.hTTps://m.youtube.com/watch?v=3OSFqNePjUUI thought it was interesting. I hope you did too.

[alphorn] 04/12/2018 10:44

P - quite a good read (thx) but the article does not seem to support its conclusions.

[aleman] 03/12/2018 19:20

US 2s 2.83%
US 5s 2.83%
US 10s 2.99%

2-10 spread is lowest for 11 years. 2-5 is flat. Can you hear the alarm bell?

Some commercial yield curves, which might be less distorted by QT, partly inverted months ago. Banks will start worrying soon and tighten lending further. Expect tighter covenants and margin calls on riskier trading positions. We just need something to spark the market tumble and drive hot money into longer Treasuries, inverting the whole curve. Brexit? Ukraine? Italy? Deutsche Bank? Hong Kong property? Trump impeachment? Trump anything? All of these?

[grannyboy] 02/12/2018 22:30

Just rubbish....Wolfson admits we will still be tied to the gangsters..And it will be up THEM whether they feel inclined to release us from their grasp...so if they carry on getting billions of pounds every year from us why would they want to 'release' us...not to mention the fact that some time in the near future those slimey toads in westminster will take the opportunity to take us back into the gangsters club under worse conditions...

[mr roper] 02/12/2018 21:35

Wolfson talks sense

[grannyboy] 02/12/2018 15:54

I'm not interested who gets into no10 if we don't get out of the gangsters club...

[brucie5] 02/12/2018 15:41

Until she's replaced by either her own party, or the country, she's the only one we have...

[fireplace22] 02/12/2018 14:13

gb Tories or Corbyn it's gonna be one or t'other.

[grannyboy] 02/12/2018 13:41

LOFL!!!!...Selective memory comes to mind....The torys have been a total disaster...It's the torys that have slashed the number of police on the streets...it's the torys that have cut prison officers..it's the torys that have overseen the growth of zero hours contracts....

[fireplace22] 02/12/2018 11:35

Stay at home Tory brexit voters and any rise in UKIP will ensure a Corbyn victory. It's a fait accomplis.

[fireplace22] 02/12/2018 11:25

Only thing that will save the Tories is a rejection of this and a further negotiated deal or an all out 'selling' of a 'no deal' as an acceptable alternative. Bob Hope and no hope comes to mind - welcome Mr Corbyn.

[mr roper] 02/12/2018 11:22

anything that stops the idiot Corbyn is good. Mays deal at least scuppers their moronic state aid policies through level playing field.

[fireplace22] 02/12/2018 11:13

Accept May deal and get Corbyn Govt. down the line - slightly better alternative.

[mr roper] 02/12/2018 11:09

Reject Mays deal and get Corbyn as PM would seem to be a fair summary of where we are at.

[grannyboy] 01/12/2018 22:09

The only thing Gove see's any sense in is his political career..

He was NEVER a true brexiter, he'd stab his own children in the back if he thought it would be good for his future..