Expanding the Legacy
Expanding the Legacy
About three quarters of Britons consider far-right extremism, racism, and religious polarisation serious issues. About half also believe that the UK is currently unsafe for muslims. However, the riots that shook the country last week do not at all represent the values espoused by Britons (73%). The rioters’ ways and means may be almost universally despised and rejected, that does not necessarily mean that most people feel safe and well in their green and pleasant land. Research by More in Common has found that popular opinion cannot be conveniently divided into opposing camps. The research group tries to map and understand the forces that undermine social cohesion and find common ground.
When trouble arises, throwing money at it usually works wonderfully well. The problem is, of course, that the number of troubles invariably exceeds the volume of ready cash available. During the Corona Pandemic, Spanish Prime Minister Pedro Sánchez made a surprise suggestion to revisit an old and almost forgotten financial instrument - the ‘consol’ (consolidated stock or consolidated annuities). A consol is equivalent to a perpetual bond. By definition, consols are not redeemable unless the issuer agrees; they merely pay interest and do so perpetually.
Whilst former US president Donald Trump – need we remind all and sundry that the man is a convicted felon? – had an excellent week, Europe suffered a funk of sorts as the likelihood of a Trump 2.0 administration seemed all but inevitable. Undoubtedly, Trump supporters, fans, and idolisers enjoyed...
This is how a continent sleepwalks into war. It’s not that Europe desires war, or pines for it after a hiatus of seventy years. Rather, the continent is slowly being ushered into one by immutable circumstance over which it no longer has control. It happened before. In 1914, the German...
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