And yet history is littered with CAST-IRON evidence [url=https://www.amazon.co.uk/All-Presidents-Bankers-Nomi-Prins/dp/1568584792here[/url, and [url=https://www.amazon.co.uk/Flash-Boys-Michael-Lewis/dp/0141981032here[/url and [url=https://www.amazon.co.uk/Flash-Boys-Michael-Lewis/dp/0141981032here[/url (plus a hundred or so other books I could mention) of people benefiting enormously from KNOWING what will happen before it does.

Just how are we to reconcile the Great Sage of the Daily Mail's arguments with the above evidence?

Simple, really. Like every halfwit who repeats this garbage, Lewis' mistake is not in stating that complex and chaotic systems are, by definition, unpredictable (a.k.a. stating the BLOODY OBVIOUS

) - it is in the implicit assumption that all economics is complex and chaotic.

Insider trading is successful precisely because it transforms a non-deterministic (unpredictable) system into a deterministic (predictable) one.

And insider trading (such as the type highlighted in Michael Lewis's "Flashboys"icon_wink.gif is but one in a very, very long line of techniques of "gaming" a system.



You do realise this is a logical fallacy? If there are no facts then your fact that "there are no facts" is opinion ... not fact.

=#FF0000Score: E- (Must try harder)

I know its been mentioned for a little while but, it certainly never made the press before, during or after the campaign.
Using the modern analogy, usually favoured by Labour, it would certainly pay for a few schools and hospitals or care for the elderly.

Who cares about that - the NHS is in rude health, and once all the nasty immigrants are kicked out of the waiting rooms, Dr's and nurses will be sitting around twiddling their thumbs; or at least the ones who weren't immigrants will be.

The folly in letting French and German energy companies buy half of our suppliers is now apparent post the Brexit vote.
nPower is to raise gas prices by 5% and electricity by a whopping 15%

And rather than the rest sticking together and shafting the greedy s , they will follow suit and shaft US!

Also, if I am correct, we are connected to the French grid. At periods like breakfast and tea time we are importing electricity from France.

What kind of dumb-ass thinking got us here?

If Brexit doesn't result in a change of tack, then I will be staggered.

Keep the coal-fired stations going now.

How will Brexit make any difference ?
The deals with EDF, to build new Nuclear Power Stations have already been signed (prior to the referendum) and we have effectively agreed to I think a 30% increase by 2020 ?.
Unless you think that Brexit will change this, which it wont, you should expect your energy costs to rise steadily until 2020 and probably beyond.
If we were still digging coal from the ground we may still have some control but, instead, we have put our energy supplies in French hands, oh yeah and then fallen out with them



All good stuff.

At least we will have "control"

Please use the thread 'Brexit Anyone? (2)' as we are well past the 1000-post limit ... the most recent posts are there.

Thank you.