Exchange Invest Weekly Podcast 031

Transcript   The realpolitik of the week: ICE and Nasdaq are making cool acquisitions (which more or less nobody has noticed).   Elsewhere in an exciting development, after only 2 years with Theodore Weimer as CEO, DB1 are proclaiming an outbreak of strategy - albeit they won’t announce it for a few months yet…   Therefore While  eBay’s “buy now” button isn’t working for ICE, DB1 have barely favourited their items, let alone adding anything to their basket or seeking to check out …   Welcome to the Exchange Invest Podcast with me, Patrick L Young, it’s all the bourse news that’s fit to pith:   Greetings Ladies and gentlemen, just in case you've been hanging around in a ditch lying dead for, say, tax reasons. Then you need to know: Brexit has happened. It's done, it’s over and the trade negotiations are ready to begin. Indeed, let's start with a segue into European history. This week included issue 1674 Exchange Invest coinciding with the year John III Sobieski was elected by the nobility, as King of the Polish–Lithuanian Commonwealth...   He's best known for his ousting of the Turks from Austria in 1683, at the Battle of Vienna, when the massed ranks of his Hussars charged... Some say their winged uniforms made such a noise it helped terrify the Ottoman Turks under Kara Mustafa into flight.    Either way, those wings are stars of Poland remained undefeated for two centuries, which given the Super Bowl Weekend just passed, rather puts the New England Patriots recent record into perspective.   47 years ago, Britain joined the EEC, an entity which represented as the European Economic Community 35% of global GDP in 1975, with barely a handful of members by February 1st 2020 the perennially ambitious European Union, may be 27 nations, but it represents just 15% of global GDP, a shrinking power in a growing world.    We all hope for sound trade and the best of relations with the EU and the UK going forward. That is in many ways within the EU’s  ambit to decide. For Britain it marked a day from which there can be no grounds for excuses going forward. The UK government needs to move and move fast to secure the benefits of the UK is rebirth of sovereignty. The ‘blame EU” excuse is being removed.   I believe a sovereign UK means growth and I mean growth for all throughout the world. That means more prosperity in the world. It has long been my conviction the EU is a failing top down project, which like so many pretentious attempts at Empire before it will fail. And the EU’s failure to achieve anything of substance during its elongated lost decade has only made that even clearer to me. To that end, I was celebrating on January the 31st, along with millions of Briton's across the world. At the same time, I appreciate many were not. I am genuinely sorry if you could not share in what was a great day of excitement and opportunity for the UK and indeed for world trade. However, no matter how much you may love the European Union, no matter how much you may have disagreed with Brexit: You are welcome to join our optimistic movement for growth anytime.   That will be growth for Britain, for Europe, for the EU and for the world. At least thankfully, the main argument is over: Britain has left the EU. Now we need to move on. It is beholden on all forms of government to deliver the best trade for their citizens. So living standards may continue their dizzy ascent of the past two centuries....