Dominic the Dodger from Durham

At a time Companies are going bust left right and centre with others begging bowl in hand are looking for Treasury support, Covid deaths continuing and great uncertainty the holiday weekend is dominated by Durham man. Chief Advisor to the PM made two domestic trips to homeland Durham during Covid lockdown. The Advisor was seenContinue reading “Dominic the Dodger from Durham”

Chop Chop. Before it’s too late.

The Sino British Joint Declaration of 1984 envisaged the autonomy of Hong Kong till 2047 as a one country, two systems model following the 1997 Handover by Britain to China.  China fully honoured as did Britain the June 1898 Second Convention of Peking to lease for 99 years the territory of Hong Kong to Britain.Continue reading “Chop Chop. Before it’s too late.”

Penny for your Thoughts. Less for your Invest.

For the first time ever the Bank of England have sold £3.8 billion of gilts , a three year bond which indicates a yield of minus (-) 0.03% per annum. When the bonds mature in three years you are certain to get back less money back than you invested. The trade is made as itContinue reading “Penny for your Thoughts. Less for your Invest.”

The Louisiana and Shanghai Purchases 2

Adjusted for inflation since 1803 the $15m paid for the land is equivalent to $340 million give or take a few cents. However off comparable land value it is today valued at $1.25 trillion. Thomas Jefferson as I said did a great deal with Napoleon Bonaparte who in fairness was only 34 years of ageContinue reading “The Louisiana and Shanghai Purchases 2”

The Louisiana and Shanghai Purchases.

In 1797 James Matheson was born and 13 years earlier William Jardine was born both men from Scotland who in 1832 formed together Jardine Matheson aged 35 and 48 respectively. They then began tea trading between Britain and Hong Kong and built one of the most successful companies known to man and certainly Asia. InContinue reading “The Louisiana and Shanghai Purchases.”