This morning, I appeared on Good Morning Britain in a live interview about the grooming gangs. Before I went on air, I was told not to mention the race of the perpetrators. I, of course, didn’t listen.
I have now received an apology from the editor.
My interview is below: 👇🏻
The mass rape of vulnerable working class white girls by gangs of primarily Pakistani Muslim men is pure unfettered evil.
Our report outlines in great detail what has happened, why it happened and what we need to do to stop it from happening again.
This is an important day.
Donald Trump and other G7 leaders: What does their body language reveal?
Our Europe correspondent @AliBunkallSKY analyses the body language of the leaders who attended the G7 summit in France and how they behave around the U.S. president
Christians gather in the street to pray.
An immigrant walks up, spits at them, and tries to shut it down.
Bad move. He picked the Christian who doesn’t turn the other cheek.
Norway fans are doing a “Viking Row” up the escalator at Boston’s South Station before heading to the World Cup
Adding this to the list of things I’ve never seen before and probably never will again
This is approximately a million times worse than Epstein. It’s not even remotely close. The scale. The nature of the crimes. The powerful institutions implicated. And yet something tells me that many of the Epstein obsessives will have nothing at all to say about this.
Peter Lynch on why predicting the market is a waste of your time:
The pitch is simple.
Stop trying to forecast the economy, and start studying what the market has actually done.
Lynch is blunt about where investors waste their energy.
People try to predict the stock market, which he calls a total waste of time because no one can do it. They try to predict interest rates too, but as he points out, if anyone could call interest rates correctly three times in a row, they would be a billionaire, and there simply are not that many billionaires on the planet.
The economy is no easier.
During the high inflation and unemployment of 1981 and 1982, no one predicted the worst recession since the Depression.
His conclusion on macro forecasting is sharp:
"If you spend 14 minutes a year on economics, you've wasted 12 minutes."
The point is not that this information would be useless. Of course it would help to know what the market or interest rates will do next. The problem is that you never actually get to learn it in advance.
Even Alan Greenspan, Lynch notes, cannot predict long-term interest rates.
So where should your attention go instead?
Toward specific, knowable facts tied to the businesses you own. Scrap prices. Hotel occupancy rates. The price of ethylene. Aluminum inventories. Home affordability and housing stock data. The unglamorous details that actually tell you something about a company's reality.
Then comes the part most investors get emotionally wrong. Lynch argues you should study history so you stop being surprised when the market falls, because it falls constantly.
The numbers he lays out:
In the last 93 years, there have been 50 declines of 10% or more. That means a correction shows up roughly once every two years.
Of those 50 declines, 15 were 25% or more. Those are bear markets, and they arrive about every six years.
His framing flips the usual fear on its head.
Declines are not the threat. They are the opportunity, because they let you buy companies you understand at lower prices.
He is also clear-eyed about the people who claim to have seen each drop coming. They often predict these events dozens of times before one finally happens.
Japanese fans cleaned the WHOLE stadium after Japan tied the Netherlands. Hours later, NYC Knicks fans torched buses celebrating their first NBA title since 1973. Same win, opposite
character. Save this and share it with someone who needs to see the contrast.
Fox’s Jesse Watters REVEALS how he and his wife confronted a liberal: “I was getting a bagel this weekend and we were in line when this woman with glasses, bad teeth and a pony tail hears my voice and turns around says ‘you, you’re the one who spews lies on TV!’”
“I’m like Limbaugh, I’m right 99.8% of the time. But my wife was there and said to her ‘do you talk to everyone like that like the way you talk to my husband?’ and she’s like go inside and get your bagel.”
“The woman starts shaking, you know how mentally ill they are! She’s totally disconnected from reality. Miserable, angry, crazy!” adds @JesseBWatters. #TheFive
Selv om dette er bare Nettavisens innloggede lesere, så er det ganske sjokkerende tall. Det er vokst frem en tillitskrise mellom folk og politikere i Norge når det gjelder pengebruk...