Brexit: UK fisheries are sold out … again

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As Nigel Farage has said today “We sold out fisheries when we joined the EEC and we’re selling them out now as we leave.”

I could not agree more, but it seems that almost nobody else can see that “we the people” are being screwed both by the EU and our own government.

I think the two cartoons below tell the story better than I can but where would we be without a sense of humour? (Answer: at foot of this article)

The journalistic coverage by the BBC and most daily papers is truly extraordinary in its quiet acceptance of U turn after U turn by our our truly pathetic government Brexit negotiating team.

Bailouts are illegal under Maaastricht but never mind eh? What’s for lunch? Ah yes British cod fillets YUM!

The smile of apparent pleasure on David Davis’ face yesterday raised my blood pressure to unknown levels. He should instead be hiding his head in shame.

Our Brexit “negotiating(?)” team has repeatedly shown us the way things will go, which is all in the favour of the laughably incompetent and corrupt EU management team of tax avoiding specialists headed by the biggest tax avoidance criminal of them all, Jean Claude Juncker.

Just a reminder of why we are leaving the EU:-

  1. First and foremost, the British people voted to leave, with a bigger percentage of the vote than any serving UK government has enjoyed in decades.
  2. The Maastricht treaty, signed by that complete idiot John Major which;-
    • created the Euro, a truly daft currency which has no economic merit, and which is actually designed to
      • force a federal Europe on European citizens who never even knew it was happening,
      • outlaw bailouts of failing member countries but has, to date, allowed 7
      • create a EU parliament which has no power what so ever!
      • allow Great Britain to keep just 40% of its own fish!
  3. The EU’s own accounts have NOT met auditing standards in the last 22 years. They are either completely financially incompetent or hiding corruption. WHICH IS IT? Does anyone care?
  4. Still continuing is the farcical, fortnightly convoy of lorries between Strasbourg & Brussels carrying all the files required to enable the administration to continue in two separate places. The convoy then picks it all up again and returns from whence it came.
  5. The EEC made sense, the EU never has and we the people were never asked. The EU does however work for multi-national big globalised business.
  6. Democracy? A distant memory …
  7. We want to keep curved bananas! (If you are under 40 you won’t get that joke. But, it was very nearly not a joke)
David Davis – can’t even see the joke

I have a further 15 or so reasons for leaving the ridiculous EU – they are all in this blog’s articles  over the last 7 years or so

I may have to give this up, I have almost lost my sense of humour ;-(

Acknowledgements: To VoxEurope who can see what is happening

Answer: Germany

Cameraman, the EU & the pointless charade

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Everyone I meet who is even minimally interested in the EU, knows that Cameraman’s EU negotiations have been pointless from the start. The charade continues to be supported by the BBC and most journalists because “the story” fills up the time available for news broadcasts and keeps everyone busy.

I'm off soon anyway, just wanted to be in the press a lot before then...
… and anyway, I’m off soon anyway, and then it’s all over to Boris & George…

There is no reason at all to link the date of the promised referendum to what Cameraman is doing. Yet this is being presented as being a necessary step!

Absolute poppycock. (I would have preferred to use the word bollocks, but Chaucerian invective is out of fashion, so I am told).

Jacob Rees Mogg said it  if too politely (please watch him by clicking on the “said it” link) ; “what has been asked for is fundamentally trivial”,  “two of the four demands are gradually happening anyway”, “the third demand will never be accepted and the fourth part (the time delay for benefits availability) would not make very much difference to the numbers of EU immigrants coming here.

Simple facts have been ignored. Britain is the fifth largest economy in the world with Germany fourth and France sixth. Italy is eighth and the Netherlands seventeenth and the other 23 member states are way down the list. Child benefit in Romania is £2 per week and £16 here. In short, the economies are so diverse that “ever closer union” is just plain daft and a common currency was always daft.

The reason so many people want to come to Britain is that we have a higher standard of living, a humane police force, stability and Radio 4. Well OK, perhaps that last one is more about me than them 😉 , but we have a culture that is the envy of the world and a minimum wage to drool over, if you are Romanian that is.

Cameron’s original idea of “reform” was supposed to apply to all EU members, remember that? Well, the so called ‘trivial’ reforms, if ever agreed, will only ever apply to Britain. The whole process is meaningless, time consuming drivel.

What Cameraman has not demanded are the really important things:

a) Financial competence please: The EU is systemically incapable of financial competence. Nineteen years of accounts which cannot be supported by its auditors! Yup, the EU’s accounts have never provided a “true and fair view” of financial matters.

b) Democracy please: The EU is undemocratic by design. The MEPs (salaries vastly higher than our own MPs) have no say on policy and spend most of their time arguing over wording in committees for legislation that most people in Europe find irritating, pointless or plain daft.

c) Immigration control please. Measures which make sense to you and me.

d) The Euro is a daft currency, based purely on party political desires rather than any economic common sense. Greece, Portugal, Italy and Spain are still as bust as they were 3 years ago and the danger of the Euro collapsing has not gone away. The German Central bank is now charging negative interest to some depositors! The whole economics of the Euro is a joke. The EU is hell bent on supporting the banking system rather than the little people (that’s you and me and your Polish plumber whose kids still live in Poland).

e) The EU is too beholden to corporate interests, and the behind-closed-doors negotiations over the Transatlantic Trade and Investment Partnership (TTIP) confirm this. This poses a huge threat to our environmental standards, consumer protections and workers’ rights. If you don’t know what TTIP is then please find out!

f) We would like the EEC back please – that sort of made sense.

We need to get out of this oversized, potty political union as soon as possible before it bankrupts us.

The only beneficiaries of staying in the EU are globalised business and oversized banks.

I’m a person, just like you dear reader, with common sense.

GET US OUT OF HERE!!

VOTE LEAVE, it will be alright, really it will.

EU leaders remain clueless – Greece in denial

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At London Conference of 1953, the Greek Minister of Finance signed a treaty agreeing to cancel 50% of Germany’s debt! How times change!

While the idiotic posturing of Jean-Claude Juncker (a banker friendly supporter of globalisation and an expert in tax avoidance for multi-nationals) waits for Greece to agree to ridiculous demands to pay back the banks who were daft enough to loan a third world economy buckets of cash in the first place, Greece’s Prime Minister (and most of the Greek people) still want to retain the Euro.

Juncker talking out of the rear end of a German elephant
Juncker talking out of the rear end of a German elephant

Both sides in the debate, which is scheduled to end this Sunday (but don’t hold your breath) are publicly refusing to accept the inevitable, which is this: (more…)

EU debate – the ‘in or out’ un-reality show

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Everywhere the meedja is full of the ‘politics’ of the EU “in / out” issue.

Nowhere are the reasons for being in or out of the EU being discussed rationally.

This says it all - hehe
This says it all – hehe

Everywhere the need for “reform” is argued.

Nowhere is “reform” actually defined.

Everywhere hundreds (maybe thousands) of highly paid journalists and politicians are producing acres of crap about who said what, why that might be important and to whom and how this might affect some other political being or argument, i.e fluff, poo & piffle.

Nowhere has anyone actually got to grips with the real problems with the EU, just a few of which are these:-

1 – The EU is just too damn big – it is completely unmanageable and is run by bonkers, failed ex-leaders of failed countries (See 10 below)
2 – The EU has forgotten why it was formed in the first place (to stop Germany starting a third world war if you had forgotten or are too young to know)
3 – The EU is incompetent – those in charge are failures in their own countries – farmed out to a slow, but oh so well paid, death in Brussels
4 – The EU bureaucrats are overpaid for doing nothing to benefit the people of Europe
5 – The EU is so inefficient that it makes my teeth hurt
6 – The EU spends most of its time herding cats (people who will never agree on anything)
7 – The EU cannot even balance its books (19 years of audited but inaccurate, qualified final accounts).
8 – The EU is undemocratic – the MEPs have no power and cannot hold the executive to account BY DESIGN! 9 – The EU wastes so much of our tax money that it’s leaders should be in jail

10 – The EU is run by a failed former Portuguese Prime Minister and a failed Belgian Prime Minister! Well that’s alright then (Belgium has not had a valid government for years & Portugal is as bust as Greece)
11 – Germany has just announced an astonishing proposal for an 20 fold increase in the EU ‘diplomatic budget’  (but see 13 below)
12 – Oh, I almost forgot the Euro – possibly the most stupid ever invention ever conceived by man
13 – Even Van Rompuy & Baroness Ashton realise the game is up are are quitting in 2014

14 – Above all the EU is NOT what “we the people” want, which is the European Economic Community. We voted for the EEC in 1975 but since then the slow, slimy, sickening morphing into the EU has been quietly and completely undemocratically, foisted upon us.

Those in power are quietly allowing currencies to devalue (The £ by a shocking 35% since 2008!) whilst QE creates a background slow death of inflation so the banks can stay in power.

Nowhere are these fundamentally important issues being discussed – why not?

This is mass madness on such a scale that words are beginning to fail me …OK not quite 😉

We the people are being ‘handled’ while those who create the acres of meedja crap and spend the people’s money so incompetently are unchallenged by anyone talking common sense.

Here’s what needs to be done:-

  • Either the EU needs to be reformed back to the size of the EEC (pre Maastricht)

or

  • All those counties outside the Euro-zone should leave and let Germany stew in its own foul soup of failed European federalism and silly funny money.

There is a world outside of this EU farce that we can do business with.

Acknowledgement:-  Thanks to Patrick Chappatte for the cartoon

Italy’s election, UK 2010 again ..? Good news for the £!

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Apart from being good news for the £ (of which more later*), the lack of a majority for any one Italian party, in yesterday’s general election, is giving the political classes the same lesson that they failed to learn in 2010. “We the people” have nobody credible to vote for. When an Italian comedian can get 25% of the vote, then I think we may say that conventional political parties have been rumbled as  the comedians.

The lesson that “we the people” all recognise that party political politics, if not yet quite dead,  is increasingly irrelevant in an age where ‘we the people‘ are better informed than ever before and where individual issues transcend party political dogma.

What's not to love eh? Trust me  - I'm a dick!
What’s not to love eh? Trust me – I’m a dick!

Clowns like Berlusconi are in a funny little world of self delusion, as are our own ” Ed Millipede”,  “call me Dave” Cameraman and “Nobody told me” Cleggy. That so many actually voted for Berlusconi is a sad reflection on the Italians and a hint for those who still think the Euro can be saved.

Ah well, at least I've still got my job!
Poor Cleggy. He made a promise he thought we would never have to keep. What odds he would have been in Government?

They‘ are all seemingly incapable of realising that the gravy train days are over and that the people want sensible, but of course boring, competent management of our human and physical resources.

* As I have mentioned before and analyse in depth in meBook, the Euro is a ridiculous and entirely illogical  construct, doomed to fail, but being kept alive by a financial and political class who believe that “money” actually exists and has value in itself. Whereas the simple truth is that most of today’s ‘money’ is actually indebtedness created by a mad banking system supporting an irrational globalist business class that worshipped growth as its only aim. OK – I have to admit that many of “We the people” were seduced by the ‘need’ for the shiny new stuff now rather than later 🙁 . Grandma, however, has been proved right! Are today’s multiple gadget owners happier as a result?

The probable good news for Sterling is that the Euro has been hit because the “markets” hate Euro uncertainty – ah bless!

There are no Keynesian solutions to the mess created by the consumer society madness; Keynes himself would recognise that the whole indebtedness thing is just too big now. Keynes would laugh at Ed Balls’ silly wafflings.

To all those who still say that Economic Growth is the only way out I say GROW UP! The answer was laid out in 1973 in Schumacher’s book “Small is Beautiful” – essential reading if you actually want a real solution to the world’s woes – sadly I have have to say “fat chance”.

The quest for growth is what caused the 2007/8 crisis and until they admit that, there is no hope for “we the people”.

And what’s more Terry Smith agrees with me!

Acknowledgements:

For the Cleggy piccy:  I thank the Eton Mess blog

For the Berlusconi piccy I thank the Economist

Two facts you may not know about the Maastricht Treaty…

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Last December I said there was no more to say about the ridiculous EU; just lately I have had to say more, mainly after José Manuel Barroso said the EU needs to become a Federation urgently! Baroso former PM of Portugal with a stupefying record of economic incompetence is now in charge of the EU project … words fail me …

If you, like me (a few years ago), didn’t give a damn about Maastricht or even notice it, well, you should; it is nothing short of a criminally incompetent plan to turn member states into a Federal European state run by Germany.

Barroso crying after he learns that the people of France & Holland do not want the EU
President of the EU; José Manuel Barroso, former PM of Portugal (there’s a CV to be proud of) crying after he learns that the people of France & Holland do not want the EU

The Maastricht treaty was the final, in a slimy, devious series, of non-democratic treaties; moves, by Federalists within the appointed EU bureaucracy, to change the EEC, which actually was a jolly good idea into the European Union. We voted YES for the EEC in the 1975 referendum.

We now have, in the EU’s current form, an organisation where the leaders are NOT taken from the elected European MPs – they are appointed by Herman Van Rompuy’s department. If you want to know how that happened then I welcome you to the LaLaland of smoke, mirrors, incompetence, unbelievable inefficiency and corruption of all that is decent about humanity; viz the EU Commissioners.

The Dutch said No

However, we, the people, never ever voted for this slow morphing of the EEC into the EU; and when, accidentally, the French & Dutch were given a chance to express their opinions in 2005 they said NO – very loudly; and were quietly and sickeningly ignored.

The French say Non!

The Irish were supposed to be asked too but this was delayed because they would have said no too; later, when they needed an illegal bailout – they said yes after a slimy YES campaign!

We, in the UK, were not asked and most of us didn’t know that we should care; so there we are – screwed!

The two facts you might not know:-

1) According to the Maastricht Treaty, EU member states are not allowed to finance their public deficits by printing money. That is one reason why the Bank of England has been buying government bonds from financial institutions, not directly from the government. However – the EU states led by England are doing exactly that, but now it is called ‘Quantitative Easing‘. Faced by those weasel words, most of us just turn off and watch X Factor or Strictly instead. Meanwhile our pensions are being raped by the rich because QE is inflation by another name.

Quantitative easing is actually a backdoor process to save the banking system by apparently improving the asset side of Banks’ balance sheets, and it STINKS!

Here is what actually happens:-

  • The Bank of England prints money electronically – one minute the UK money supply is say £40 trillion quid and the next second it is £41 trillion – magic!
  • The Bank of England buys government bonds from the banks with the magic money and a public statement is made by Osborne to the effect that banks should now lend more to business.
  • UK Banks’ balance sheets now look better and have more cash for bonuses HURRAH! Buying government bonds from Pension funds has the effect of reducing the return on bonds this making shares “look” more attractive and somehow overcomes the limitation of the accepted definition of “Printing money” (Pre-war Germany, Zimbabwe etc.)
  • However, banks still do not loan to businesses because that does not return as much profit as digging holes in 3rd world countries does, which by the way is how Merchant Banks have always made their money. It is a dirty exploitative way of making profit and it STINKS.

‘The Bank of England believes  QE is different because it is “printing money” as part of monetary policy – to prevent deflation. It is not printing money to help the government finance its deficit. Also, unlike Zimbabwe, this is a temporary policy: the Bank expects to sell the government bonds back into the market when the economy recovers.’ ( Ed: Oh yeah? We wait with bated breath … 😉 )

2) According to the Maastricht Treaty, EU member states cannot be bailed out if they cannot finance their own debt requirements. Err, but, they have been, as in Greece, Spain, Ireland and shortly Italy and in November Greece again. This is all simply par for the course for the worthless, disingenuous (aka lying, duplicitous) corrupt EU bureaucrats who invented the completely irrational Euro – simply madness to invent a common currency where no member state can control its own tax system or money supply.

To conclude:-
1) The Euro is a nonsensical construct by any rational examination; it was obviously conceived, as a first step, by those who wanted the United Federation of Europe by the back door.
2) Any member state breaking fiscal rules are simply told off (over a nice lunch) – and never held to account (e.g. Italy, Greece, Portugal never, ever met the 5 criteria for joining the Euro).
3) The so-called Treaties are worthless; because they are not democratic & nobody is ever held to account (i.e. fired!).
4) The EU itself is worthless and irrational; because no-one ever voted for it and its own accounts have failed every audit for the last 19 years!
5) Most European governments are colluding in this desperate measure to save the bankers from financial reality because it is the bankers that keep the status quo.

All three main UK political parties don’t seem to mind, do you?

Blackadder explains the Euro to Baldrick …

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Blackadder explains the complexity of the Euro to Baldrick
Blackadder explains the complexity of the Euro to Baldrick

Baldrick: “What I want to know Sir, is, before there was a Euro there were lots of different types of money that different people used. And now there’s only one type of money that the foreign people use. And what I want to know is, how did we get from one state of affairs to the other state of affairs”
Blackadder: “Do you mean, how did the Euro start?”
Baldrick: “Yes Sir”
Blackadder: “Well, you see Baldrick, back in the 1980s there were many different countries all running their own finances and using different types of money. On one side you had the major economies of France , Belgium , Holland and Germany , and on the other, the weaker nations of Spain, Greece , Ireland , Italy and Portugal . They got together and decided that it would be much easier for everyone if they could all use the same money, have one Central Bank, and belong to one large club where everyone would be happy. This meant that there could never be a situation whereby financial meltdown would lead to social unrest, wars and crises”.
Baldrick: “But this is sort of a crisis, isn’t it Sir?”.
Blackadder: “That’s right Baldrick. You see, there was only one slight flaw with the plan”.
Baldrick: “What was that then, Sir?”
Blackadder: “It was bollocks”.

For a slightly more detailed analysis on why the creation of the Euro was a politically, incompetent cockup of the highest order, please see my final article on the Euro written in December 2011.

Acknowledgements: Unfortunately, I do not know who wrote this <the earliest reference I could find was on the UKIP website date 26th February 2012> but would like to thank them from the heart of my bottom!

The light dawns that maybe (just, maybe) politicians are not the right people to run countries …

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In Italy, which has been run into the ground by that egocentric, gobsmackingly incompetent, clown , Silvio Berlusconi, – the penny might just have dropped that maybe he was the problem and was never- ever – a solution. People are beginning to think that he was in power for his own reasons and not for the benefit of the people – “shurely not!” 

The Italians have appointed a banker to sort out the mess! 😆  . OK he’s a  nice banker and not really Italian, but, well, oh dear me …we shall see …(or, as I suspect, we will not …)  

In Greece, where the politicians are just one IQ point from greedy, feral children feeding from the cheap dosh supplied by the Euro Project and laughing all the way to their opulent villas and ridiculous pensions without a responsible adult anywhere in view.

So, the Greeks have appointed a .., no, patience please, wait for it .., NO WAIT for it …, surely not, but, YES a banker to sort out the mess! Well thank the lord for that, so that’s alright then, phew!

There are some in both countries, and ours, who still demonstrate against the “unfair” cuts and job losses that the ordinary person is suffering from. Their cause is sadly pointless and ultimately fruitless – the money all went years ago – we and they maxed out our credit cards, encouraged by greedy bankers and incompetent politicians  We were watching but we are not responsible are we? 😉

CameraMan selling Merkel some cheap Euros
Take my body - but leave my pounds alone ...

In Berlin today Merkel will still ask for a 5% increase in the Euro budget and in the same breath tell Cameraman that she can’t afford to bail out the weaker members of the Eurozone – “Well my Dear …” (I can hear him saying), “you can’t have it both ways!” He should also remind Chancellor Merkel where all the money came from to rebuild Germany after the nasty National Socialists invaded Poland (“Don’t mention ze voor – I here you all cry – heheee – just did – ya boo to you”).

It is that sort of illogic that ‘party’ politicians just cannot recognise and therefore face. Why not ..?

‘Party’ politicians are simply incapable of using the truth even if they can see it because party dogma is all – the party line distorts perception and action.

Enough, before I give the game way, I will have to focus on meBook now because a few, but still only a few, are waking up to the fact that politicians, and party politicians in particular, are well past their sell-by dates. It won’t take Paris, Marr and that pesky Peston very long to steal all my ideas – so…

See y’all …in 2012

Byeee  😉

PS:- Spain will be next – followed by Portugal, followed by Ireland (again) followed by France and then us…

PPS: Read all about it (2 years ago in meBook) to be published next September just after the Olympic Drains (oops, sorry – games).

Eurozone delusions continue

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Even now, when it is obvious to everyone but politicians, journalists and most economists, that “bailouts” don’t work – cannot work – never in a million years would work, do we have emergency meetings between, France, Germany and Greece “to sort out the ‘crisis'”, again. These meetings, being held today, won’t work either because of the refusal to face reality.

The reality is that Greece is totally bust, Portugal, Italy and Spain are almost bust and therefore the Euro is doomed because the remaining members of the Euro-zone will never be financially viable unless they grow at their own pace with their own currencies.

The European Union was only ever a political construct based on the need to stop Germany invading us all again! 

The Euro-zone was a political construct to kill off the USSR for good by tempting in the former Soviet Union’s satellite countries.

The real solution?

Move from denial to acceptance by:-

  • Realising that the 30 years old debt mountain madness has crippled the West and its current version of capitalism
  • Realising that the “markets” are self serving and are a pointless construct for you and me
  • Reforming the EU back into the EEC thus saving billions in pointless activity that serves nobody but the Berlusconis and Kinnocks of this world 
  • Letting the Hedge funds and casino banks take their long overdue haircuts
  • Waiting for 25 years while we gradually sort ourselves out.

That is reality – tell me I’m wrong and why!

 

Are we being run by idiots? (Euro bailout #2)

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Did you know that when Italy joined the Euro, it failed several of the main criteria set up for countries joining the Euro?

Did you know that “bail outs” of failed economies in the Eurozone are prohibited by EU law?

You may have heard that we (residents of Great Britain – the UK …) are in a bit of financial bother and that for every £4 we spend we have to borrow £1, at around 3.0% from China. This is couched in a wonderful term “the PSBR or Public Sector Borrowing Requirement”  which makes it sound quite normal to have to borrow cash to meet our ordinary annually recurring spending needs. 

Most of us learned from Mr Micawber in Charles Dickens book David Copperfield, the following simple lesson, “Annual income twenty pounds, annual expenditure nineteen pounds nineteen shillings and six pence, result happiness. Annual income twenty pounds, annual expenditure twenty pounds and six pence, result misery.”  This statement is simple common sense, obvious to anyone other than a politician or financial journalist.

That does not include the future PFI commitments and public sector and funding conventional old age pension commitments.  (Ed: ‘Why not? ‘Answer: “It would make our finances look worse than those of Greece”. Ed: ‘Ah – of course, silly me – thanks.’)

Public sector borrowing is only ever sensible if it is for capital projects like roads, hospitals, railways etc., and then, only if future tax receipts take it into account – even this basic accounts stuff passed by Gordon Brown who criminally borrowed ever more and more without providing control systems to manage what was being spent and why.

The loan interest payments we paid in 2010 were £46 billion and will be worse in 2011.  (Same as the 2012 defence budget) … and, NO I’m not making it up!) See  here.

So then, let’s give another £9.2 billion to the IMF to help out the Euro-zone, i.e. Greece, Portugal, Spain, Ireland & now Italy shall we?

Yes great idea!

This of course is on top of the £12 billion already committed by our leaders last January.

Sounds like a good plan to me!

We can afford it!

Let’s put Gordon & Tony’s pensions up shall we? (Ed:- er, we already have – so would you like us to put them up again? <embarrassed laugh – Ed was not quite sure if I was joking or not …>) The current lot, Cameron and Osborne, are not even attempting to balance the books this year or next!

I am afraid to say that Great Britain (and many other “developed” (ho ho) countries) are in more or less the same “over- leveraged*” position; the USA, France, Spain, Portugal, Italy, Germany (yes, Germany – but they have a good chance of paying off their debt – or rather did have until Italy went bust last week…).

Don’t check up on public debt positions of countries other than China, Brazil and Arab oil producers if you want to sleep tonight.

Are we being run by idiots?

Yes we are!

The sound of gentle weeping can be heard from my study …

* “Over leveraged” = ‘bust as arseholes’ as a former insolvency accountant acquaintance used to say.