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Wednesday, 22 February 2017


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David, from over here it "seems" as though PM May is awaiting results from upcoming elections on the Continent. From these results the direction of the wind may be determined.

Good point, Whiters, and it is certainly true that the new governments in Europe will determine how easy or hard it will be for us to make our escape. There was an interesting report, yesterday, I think, stating that whilst Britain's trade with the EU is fairly heftily in the red, our trade with America is well in surplus. Let's hope 'The Donald' doesn't notice!

The effects of Brexit will probably develop over the better part of a decade. A short video summary of both the pluses and minuses is here:

The US economy might also face consequences from limiting ties with Mexico and Mexican immigration. Since Mexican immigrants do many jobs Americans won't we could be seeing rising costs for produce, in restaurants and in construction, just to name the most obvious. Nationalism cuts more than one way.

You are quite right, Bob, that the effects of Brexit will echo on for several years. Happily, I don't need to read your Bloomberg 'expert' given that most 'experts' have been proven wrong so far!

And, of course, nationalism, just like socialism, "cuts more than one way" because their main ingredient is 'PEOPLE' - dread word!

David, if experts don't know more than anyone else Britain should let the people that claim to be most loyal make all the decisions, the way the Soviet Union did. What could possibly go wrong?

Now, now, Bob, you're trying to be too clever by half! You know perfectly well that experts might well possess great knowledge but that they also possess judgment is definitely NOT a given!

Sometimes an expert is just a drip under pressure?

Or a person with a brief case who has traveled more than 50 miles from home.

Half clever or not, you admitted experts can have great knowledge, old chum. Following your reasoning, non-experts can also lack judgement. It therefore follows that the consensus of experts outweighs that of non-experts.

Bob "great knowledge" does not necessarily equate to "great [or even moderate] wisdom" and so your reasoning is flawed.


Technically you're right, but how in practice do we determine who has wisdom? Knowledge will have to do.

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