Billions of pounds taken out of the British economy amid fears of Brexit | UK Politics | News | The Independent

The Independent reports, citing new figures, that investors are moving billions of pounds in assets out of British currency and assets ahead of the European Union referendum. It shares an analysis by Sky News which found £65 billion left the UK or was converted into other currencies in March and April, the largest amount since the economic crash. Similarly, it confirms that in the six months to the end of April, £77 billion was pulled out of British pounds, compared to just £2 billion in the six months to the end of October last year.

Source: Billions of pounds taken out of the British economy amid fears of Brexit | UK Politics | News | The Independent

Regular readers of this blog will know that I have been highlighting these risks for months.

Somehow the Brexit supporters feel that David Cameron and the Remain team are scaremongering. Personally, I fear that they are not highlighting the full gravity of the risks that WILL crystallize after the Brexit referendum.

I am regularly debating the arguments with Brexit supporters and they feel that the economics doesn’t matter and things will right themselves. Most Brexit supporters are strong on patriotism and alarmed about the level of immigration. I respect patriotism but we live in a highly integrated world and it is not possible to go it alone other than in Little Englander isolation. I share the Brexit supporters views that the present levels of immigration are not sustainable.

I hope that Brexit supporters will use their vote to Remain but bring pressure to bear on the UK political classes that they’ve got to be stronger with UK national interests.


Opinion – Chronic marijuana use is about as bad for your health as not flossing, researchers find – The Washington Post – John Gelmini

English: one high-quality "bud " nug...

English: one high-quality “bud ” nugget of marijuana (Photo credit: Wikipedia)

Marijuana does not simply pass through the body as urine in the same way as alcohol but it remains in the brain where it causes people to lose their inner drive(“become mellow”) and destroys their work ethic and cognitive abilities if taken over time.

Skunk, the version which is 7 times more powerful than the “good S–T of the 1960’s and 1970’s, can cause people to become depressed, super aggressive and dangerously morose, so the idea that it is no more dangerous than not flossing one’s teeth is dangerous nonsense.

Dr. Alf has serious misgivings about this study and rightly so. I have seen the effects of excessive or even mild pot smoking and skunk consumption on people that I have known for many years, one of whom had to spend 1 year in a drug rehabilitation unit in Colindale, London, and emerged as a totally different person. We are not born with recreational drugs inside of us and should not put anything into our bodies other than food, water or medically prescribed substances when we are ill.

If we seek a “high” we should develop an enabling personal philosophy and get high on the air we breathe and on ourselves. We do not need a crutch to get through the vicissitudes of life and giving ourselves temporary quick fixes carry a price tag.

John Gelmini