At last Mr. Diamond, CEO of Barclays has resigned.   He is an arrogant, greedy bully.  Good riddance.

A person I know who works in the financial sector was recently moaning about the way the British government was trying to reform the banking sector.  “Wrecking it”, as he put it. “If this goes on everyone in the City of London will decamp to Dubai”, as if this was a threat.

A totally irresponsible decision was made years ago (I won’t name the Prime Minister lest I am accused of venturing into party politics) to the effect that the strategic heights of the British economy should be financial services and tourism.  Everything else should come and go as may be.  Britain is now suffering the consequences of  handing over the the City of London to a bunch of gamblers and unethical nobodies who have added nothing to the national wealth and have caused mayhem.

Let the yobs go to Dubai, with their casinos.  Good riddance.  Then the British will just have to work out  how to re-build the economy with trade-able goods and services.  That will mean putting  money into research, education and technical training and finding things to do that do not attract flash-harrys.

Epicureans live modestly, without  boasting, show or bullying.  A decent way of life that should harm no one.