Thoughts from Chairman Dan.

Keynes: The Return of the Master

Great Read!

It’s been another terrible day for investors in the smallcap Oil & Gas, Mining underverse with stocks plummeting to new lows. I can’t see any light at the end of the tunnel until next year. The losses for some are huge. I read a very good comment on twitter yesterday “With Markets like these the best trade is usually no trade

I can’t help thinking how prophetic that statement may well turn out to be. Caution needs to be exercised when investing. The fear running through the city is real with Lloyd’s trading at pennies and most banks suffering it’s apparent that there’s real fear of a world-wide crash on the cards. The Americans with the Europeans can only agree to disagree there’s no consensus between countries let alone between indigenous political party’s! Yet again Western Politicians have shown the people that they are incapable of governing using common-sense consensus. Is it any wonder why Europe is on the brink of a monumental crash? Self interested, self-indulgent idiots who call themselves leaders, vying for pre-eminence while the world burns? Leaders of the free world gravy train! They couldn’t organise a trip to the local supermarket without invoking security, cost, health & safety, transport, committees after committees, enquiries, commissions, fact-finding missions, consultants, ethics, minority views and never forget the totally useless parliamentary Debates! Is it any wonder why the Global economy is in such a mess? My old man taught me one very important lesson which has stood me in good stead all my life. “All politicians piss in the same pot!”

It’s time to re-jig the political map the old boy networks of Europe need dismantling. Out with the Sarkozy,Merkel’s,Cameron’s and Clegg’s; In, REVOLUTION Russian style! New political parties are needed untainted by the OLD BOY ETONIAN NETWORKS.  THE ECONOMIC THEORYS of Keynes (as opposed to THE  “classical economics,” of David Ricardo,John Stuart Mill, Alfred Marshall, Francis Ysidro Edgeworth, and Arthur Cecil Pigou. A central tenet of the classical view, known as Say’s law, THE NONSENSE THAT “supply creates its own demand THEORY” are bust and broken, failed hope washed upon a barren shore.)  need to be revisited. The Keynes′ theory suggests that active government policy could be effective in managing the economy. Rather than seeing unbalanced government budgets as wrong, Keynes advocated what has been called countercyclical fiscal policies, that is, policies that act against the tide of the business cycle; deficit spending when a nation’s economy suffers from recession or when recovery is long-delayed and unemployment is persistently high with the suppression of inflation in boom times by either increasing taxes or cutting back on government outlays. He argued that governments should solve problems in the short run rather than waiting for market forces to do it in the long run, because, “in the long run, we are all dead.” Governments need to act NOW rather than leave it to the Markets that caused the problems in the first place. The lack of over-sight and regulation by Governments has caused the current meltdown! It is Government policies that have acted against the long-term national interests of their respective country’s this has caused the problems that we as normal human beings now face. Lack of regulation and over-sight with corruption of policies at the behest of the great & the good while the chattering classes sit it out! The age-old battle of “The haves versus the have-nots is upon us once again!”



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  1. Hufc1908 says:

    Never a truer statement, the 1% it trying to convince the rest of us that they have our welfare at heart. People who voice their anger are peeper sprayed and have no rights to freedom of speech. God bless the free democracy of the USA

  2. charles says:

    Dare I pose the question.

    What we need is a gordon brown type figure who, and exlusively in this sense, grasps the situation and guides world leaders into forming a unified approach to dealing with the issue.

    Both france and germany are struggling to reach a consensus by which to lead the rest with. Who else is.there.

    Currently we leaders are fully engaged in blame storm or praricating with every limp we are making closer toto the edge.

    Ok, now shoot me…

    • Brokerman says:

      Gordon Brown, isn’t he the chap that declared the “End of boom & bust”?
      I like GB I think he’s got integrity and I believe that he cares about society but he’s sadly allowed himself to become tainted just like all the rest. Do you recall the great bru haha when Blair came to power? There was real hope in the air. Look how far from the path Blair strayed! They get into office then they are steered away by Whitehall mandarins and advisors etc Eventually the lamb becomes a wolf.


  3. B0GiE-uk- says:

    I think David Cameron is doing a pretty good job considering the mess the Labour government left behind. The UK needs a Sovereign fund similar to Norways for times like these.

    • Brokerman says:

      You’re missing the whole point! It is Politicians the body-politic that is corrupt. It’s not Gordon Brown per-se or David Cameron it is the whole ethos of the Western political system that is defunct.
      Gordon Brown isn’t responsible for Iceland, Greece, Spain,Italy Eire etc It is the collective Gordon Browns & Camerons who have power in Europe. The system is run by an elite Cabal.


  4. Jane says:

    Dans gone mad!

    Must be his losses on Matra!

    Only joking Dan. Don’t expect you’ll publish this.


  5. Tom B says:

    Hear! Hear!
    It’s the few who control the masses. The elite big money earners don’t worry over where they’re going to get the next mortage payment from. Any increase in cost of living is infintesimal to them unlike you or me.

  6. Frederick says:

    This is clearly true, my investment in aminex is a very, very sorry sight. They hardly moved up since 7.8p and have had the most disgusting downtrend I have ever seen. One can only hope they will go back up :(((((((

  7. joseph says:

    yes its an almighty cock up and the limitations of politicians are on show.I wont be feeling sorry for city traders that have lost and who have made fortunes as well.Dont forget plenty are making money in this falling market.As you say the real pain is at the bottom of the pond, genuine people off sick through illness or accident having there only income taken away, the only clue they get is when the bank calls because a cheque has bounced or notified by letter and being told their doctors opinion is no longer relevent…………..

  8. Cicero says:

    Like a Dan in a bag, waiting to drown…this time I’m coming down..
    Now the quant don’t work, it just makes things worse…..

    WOW..very down today mein freund? :0)
    You are correct. As much as it pains me, the world will be extremely lucky to avoid another Great Depression. The global distribution of wealth is obscene. What is the figure? Less than 1,250 people control at least 4.5 Trillion Dollars. Does that put things into perspective at all?

  9. Dan says:

    More oil from mxp today , 13th time in 10 months . Pencil in a 3% drop

  10. Tomas says:

    Nice read Dan. The markets as you rightly say and have said on more than one time are riddled with corruption & self-interest.

    Well done.