Kakistocracy
21 December 2024 by Tony Redondo For this last Gravitational Pull blog of the year, I thank the Economist magazine for their word of the year for 2024, Kakistocracy. A kakistocracy is a government run by the worst, least qualified, or most unscrupulous citizens. The word was coined as early as the seventeenth century. Currency […]
UK on recession watch
14 December 2024 by Tony Redondo Britain has been placed “on recession watch” after the economy shrank for the second month in a row in October. In the month where Labour marked its first 100 days in office, Britain’s dominant services sector showed no growth, and both the production and construction industries contracted. UK GDP […]
French (r)evolutionÂ
7 December 2024 by Tony Redondo The French government led by chief Brexit negotiator Michel Barnier fell last week after losing a vote of no confidence in parliament. France’s oldest prime minister also became its shortest-lived. With the French parliament split three ways, the chances of any decisive changes to policy in any direction are […]