Having seriously damaged its own economy, the UK ....

is now being encouraged to resist global initiatives to prevent continuing such damage, both in the UK and in other countries:

in a report published today, the European Union committee of the House of Lords (the upper chamber of the British Parliament) has urged the UK to withhold its consent to European Union rules regulating the hedge fund and private equity industries!

I hope that the House of Lords will have the good sense to reject such moves, which will only add to pressures that are steadily taking us towards increasing the likelihood of wars around the world, if globalisation continues to unravel. Sphere: Related Content