The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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"Government sources have strenuously denied Johnson had any knowledge of the plan and said the prime minister’s conversation with Woodward was a short, chance encounter as they bumped into each other in a corridor in No 10."
Aye - because the Chief Executive of Manchester United and key driving force in the European Super League proposal was just hanging around downing street on his day off.
that should have read "Personal Politics".. that'll teach me not to re-read before hitting Post.
i'm not discussing "discussing politics"... i'm discussing politics. Whilst we will likely never know what took place, it has been reported that Boris Johnson gave the project the go ahead just days before, then flipped when he saw the outrage of the football community.
Konar, particularly didn"t want to have a debate about politics here, but the Government did come out strongly against the plans the moment they became public.
Anyway, 1.78m reached, just two trades over on Nex totalling 15k, which has seemed a pattern the last few weeks.
Stopped by a Tory Government??? Not down here on earth it wasn't.
Good aul Diane
https://youtu.be/EI33riFzzk8
It seems to me as if the principles of capitalism are being tested not just across the Atlantic but globally too.
I don"t want to discuss individual politics, never a good idea, but in a way we saw this just recently with the possible breakaway to the European Super League. Personally very against the concept, but all the owners concerned would have seen a minimum of £1b added to their wealth, stopped in its tracks by a Tory Government and football fans. When will it become the norm to despise anything that is needed if it comes with a profit??
all the great scientists have collaborated to get this over the line and orchestrated amazing results . if this were to happen everyone would put their violins back in the case . Ot maybe busk and do a street collection form every G7 . China would benefit the most from the IP and Mr Poonawalla from the serum institute . I doubt he does vaccines at cost ?
Just hope the Chinese don't rely on those two to remember any complex formulae for them...
Its actually worse than that, it is simply a deliberate device to shift IP into Chinese hands faster than their 1000s of spies embedded in US and UK companies and in state-run hacking factories can steal it. Its notable that two of the biggest proponents of this idea are Biden and Diane Abbott, hardly what you might describe as two of the biggest brains on the planet. Both have spent a lifetime on Politics and never yet come up with a sensible idea yet.
As Mrs Thatcher said, the problem with socialism is that you end up running out of other people's money.
Totally agree Ratty.
It is the quest for profit that drives innovation. Take away that incentive and innovation will cease.
It's all very egalitarian but where does it stop? Design some massively improved electricity storage system for cars - 'thanks pal, the state will take your patent for that.' A new cancer platform? 'Thanks, we'll take the patent off you for that.'
Then where does the money come from for the risky research that ends up not producing a blockbuster drug? Not from the state, because they only want patents lifted from the profitable drugs. So all incentive to invest in new therapies is taken away, or to invent or invest in anything globally urgent. Naughty drug companies, trying to get a return on their investment. Shame on you. Meanwhile, India is presumably still spending a few spare rupees on a space programme and a stack of nuclear weapons....
Lol...it does smack of posturing. And aren't big pharma very closely tied with their respective governments also anyway?
"Listen I know I said it during the Campaign , No pharma would agree to it . I just to ave to make some noise . so I look like a man of my word ? " the Pharma industry will never agree to it anyway . its like giving away your first born !!!!!