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John Sydenham

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Dr John Sydenham has worked in International Pharmaceuticals and for one of the "big four" International Consultancies. He ran a successful company for 15 years and after selling the company devotes his time to travel, science, black labradors and freedom.

New Year Predictions for 2019

The most striking event of the past year and, in retrospect, of the decade, is the continuing rise of the Media Industry (Television, Film, News, Advertising, Social Media, Internet Sales, Computer Games etc).  It is now worth over $2 trillion worldwide.  In the UK alone it is worth about £100 bn.  This …

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Why Brexit will be fine – deal or no deal

Since the Referendum we can already see that wages are rising in real terms: The Referendum has brought us the highest level of real earnings since November 2010. According to the BBC article Wage Rises Accelerate to the Fastest Pace since 2008:  ‘Howard Archer, chief economic adviser to the EY Item …

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“Crashing out” of the EU – how big a crash?

The Bank of England published this graph showing the effect of leaving the EU with no deal in its report: EU withdrawal scenarios and monetary and financial stability: The graph is designed to look as scary as possible.  However, when we read the notes on page 53 we find this little …

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Plan B for Brexit

Any “Plan B” for Brexit must take account of the Referendum result.  The 2016 EU Referendum in the UK was held to determine whether the UK desired to Remain in or Leave the European Union. The result of the Referendum was a convincing majority to Leave the EU in England …

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Bank of England gives Green Light to WTO Brexit

Coverage in the media of the fact that the Belfast Agreement does NOT specify open borders with frictionless trade in Ireland has been entirely suppressed (read the Belfast Agreement here if you don’t know this) and the news that the Bank of England has calculated that a WTO Brexit with a 21 …

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Who are Remain and Leave?

A couple of weeks ago I was sitting outside the Mezquita Catedral at Cordoba and looking around at all the tourists.  Most of the people under thirty were wearing tee shirts and jeans and without hearing their voices it was difficult to work out where they came from.  We see …

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The EU Withdrawal Agreement – Full Facts

Many people will have noticed that there has been very little discussion of the contents of the withdrawal agreement between the UK and EU.  Here is a link to the snappily named: “Draft Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and …

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The New Extremism

The changes in our society since the fall of communism were not predicted by anyone at the time.  This article summarises what we can see in retrospect and it is not pretty.  Marxism and Conservatism are being replaced by a deviant form of secularism. The most obvious change since the …

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Arron Banks and US Banks

The Electoral Commission has referred Arron Banks to the National Crime Agency for suspected false declaration of the source of EU Referendum funding.  The alleged offence involved £2.9m of money given by Mr Banks and spent by Leave.EU, the UKIP campaign for Leaving the EU – the official campaign was Vote Leave and is not …

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We need to talk about China

China is now the richest country in the world in terms of the Purchasing Power Parity (PPP) measure of GDP.  Its towns are modern tower blocks, its motorways are enormous and full of traffic and its factories are booming.  It has almost five times the population of the USA. On …

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Why Identity Politics?

Any observer of Western politics will have noticed the rise and rise of Identity Politics.  Why is this happening? It was once tacitly assumed that the participants in political debate had good intentions even if you thought they had the wrong ideas.  Identity Politics abandons the assumption that opponents have …

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The Single Market versus a Free Trade Agreement

What should UK trading relations look like after 2019, when Brexit itself finally happens? We are now being told that the UK must enter the “Single Market “.  The Single Market is, in many ways, another name for being in the EU.  As the EU Commission puts it: “The Single Market …

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Why Trade Deficits Must be Avoided

I have just finished reading yet another article on how Trade Deficits are harmless or even good for a country (The Trade Deficit Matters, But Not How You Think by Jeffrey Dorfman). Trade deficits happen when a country imports more than it exports, the excess imports need to be purchased …

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Solving The Northern Irish Border Problem After Brexit

There will be no border in Northern Ireland which means customs dues will need to be collected elsewhere.  The simplest solution is for customs dues to be declared as part of a quarterly return by Northern Ireland businesses.  Perhaps VAT liable NI businesses could make a return as part of …

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