Welcome to Finance and Fury, the Furious Friday edition

Today we will talk about democracy never really existing in The City of London

We are continuing on with the series of Brexit – nothing really new to report as the vote has been pushed back until October

  1. The first episode was on the neo-cons
  2. The second episode was on Brexit
  3. Today will be a combination of those 2 episodes – subverting democracy and economies

The City of London:

  • Government is The City of London Corporation
  • It is not the greater London region, it is the major financial services district of the UK
  • It is technically not a part of England
  • The city has it’s own police force
  • They have their own power grid

 

The History of The City of London

  • It dates back to the Romans
  • They have operated in the same manner since Medieval times – enshrined the Magna Carta’s clause 9 – 1215
  • The companies get votes here – an example of a plutocracy
  • There are 4 layers of elected representatives
  • What are the livery companies?
  • Who is the remembrancer?
  • This has made regulation of global finance nearly impossible

 

This leads back to Brexit

  • The corporation possesses a large pool of cash
  • What is the Lord Mayor’s role?
  • Extensive partnership work with who?
  • Protest groups in the great UK are funded by who?
  • Intellectual property and tax erosion practices
  • There are conduit OFC’s and sink OFCs (Offshore financial centres)
  • Multi-national companies do not care about increased regulation

 

What do you think?

  • Who benefits from being a part of the EU?
  • What is the growing trend of first world economies?
  • We will finish this off in the next episode
    • When the financial sector turns away from supporting the creation of wealth we are doomed to repeat past mistakes

Thank you for listening, if you want o get in contact you can do so here.

 

 

 

Fractal property investments: dipping your toe into the property market

Episode 19 Fractal property investments: dipping your toe into the property market It’s no secret that property is expensive in Australia – it can be pretty disheartening for those trying to get into the property market especially if you’re trying to buy your first...

Say What Wednesdays: Where to start when you don’t know where to start; financial literacy in an age of information overload

Say What Wednesdays Where to start when you don't know where to start; financial literacy in an age of information overload Welcome to Say What Wednesday - Today’s episode is a special one! Plus there’s a bit of an announcement at the end. This all started with a...

Say What Wednesday: Welcome to the Wild West

Say What Wednesdays Welcome to the Wild West Welcome to Say What Wednesday This week we’re going to answer some of the burning questions that have been on a lot of peoples’ minds around the banking royal commission…and rather than repeat everything you’ve been hearing...

How to be wealthy; Germs, Monopoly, and Competition Vs Cooperation

Episode 2 How to be wealthy; Germs, Monopoly, and Competition Vs Cooperation. Hey guys, and welcome to Finance and Fury. Today the misunderstanding we're going to be tackling is how to be wealthy. There seems to be a lot of “rich-hating” going on around at the moment,...

The “Australian Berkshire Hathaway” – Is there an opportunity to buy in due to recent underperformance?

Welcome to Finance and Fury, The Say What Wednesday Edition I've been looking at Soul Patt (ASX: SOL) recently as I've heard some commentators refer to them as the "Australian Berkshire Hathaway" but noticed they have underperformed the ASX200 index over the last 12...

Rethinking the value of investment strategies for the future.

Welcome to Finance and Fury, the Say What Wednesday edition.  Last part of a 3 part series from Ryan’s questions – looking at alternative future investment strategies Episode two weeks ago – went through debt jubilees – Last week went through policies and how these...

What is happening to dividends from ASX listed shares and what this means for investors in the short to long term?

Welcome to Finance and Fury. One major issue for shares in Australia and around the world – with the lock downs and companies bottom lines being affected - Dividend cuts on the rise In this episode we will look at the ASX and the dividend cuts. We will also cover...

Financial Reset – Investments to avoid in a negative interest rate world

Welcome to Finance and Fury -  This Episode – Look at Where to not invest in negative rates world – if it comes to that – other options First – what does the world in negative rates look like? – dive further into this to start – look at other countries, Japan, Denmark...

Furious Friday: The Great Depression – Are the solutions actually what created it?

Welcome to Finance and Fury the Furious Friday edition If you have been paying attention to the news then you would know about the current GDP per capita recession. Today we will look at recessions and different policies to help boost the economy. It is all apart of...

What are the best methods of accessing gold and what are the opportunity costs to growth and income returns?

Welcome to Finance and Fury, the Say What Wednesday edition. This week’s question comes from Mario “Loving the podcast on the central banks. I have a question about purchasing gold as part of my investment strategy. My core investment strategy is to invest in high...

Pin It on Pinterest

Share This