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Thought for the Week: The Consequences of Currency Manipulation

Gavin Oldham
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Thought for the Week

Thought for the Week: The Consequences of Currency Manipulation
Whatever you may think of trade tariffs, there is no doubting the massive trade imbalance that has developed between China and the United States over the past three decades. Deliberate currency manipulation has enabled China to become the world's factory through resisting any meaningful appreciation of the Renminbi against the U.S. dollar. Parts of Europe have also suffered much economic damage as a result of the failure to balance out regional economic differences. If strong, accommodating economic control cannot be delivered, freely-floating currencies are the answer — but not tariffs. Background music: 'Something Is Wrong' by Sir Cubworth

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Gavin Oldham

Thought for the Week: Wealth and Autocracy

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Wealth and Autocracy
This week is a real watershed, as we move from Biden to Trump. Joe Biden sounds a clear warning in his farewell address, setting out the risks for democracy and participation from the cohort of oligarchs that are now taking power, combined with the challenge from social media. Meanwhile the United Kingdom is losing its wealth creators at an accelerating rate due to the imposition of socialist ideology and a swathe of new taxes. Neither political stance will deliver the rallying cry of the French revolution, 'Liberté, égalité, fraternité'. Background music: 'Officer Of The Day March' by United States Marine Band

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Gavin Oldham

The Bigger Picture: Charles III Christmas Message 2024

Gavin Oldham
Original Broadcast:

The Bigger Picture

The Bigger Picture: Charles III Christmas Message 2024
Unabridged and without comment from Share Radio, here's the King's Christmas message as broadcast on 25th December '24.

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Gavin Oldham

Thought for the Week: Democracy threatened by impoverishing the young

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Democracy threatened by impoverishing the young
Turnout at the 2024 general election was 59.7%, the lowest at a General Election since 2001, and 7.6 percentage points lower than in 2019. We are all keenly aware of the disproportionate number of Labour MPs (63.2%), notwithstanding their low overall polling (33.7%), but only now are we starting to see how young people have been disenfranchised by their poverty. This correlation between youth and poverty supports our consistent and strong calls for inter-generational rebalancing, and the need for more long-term focus in western democracies. If we don't take action, we run the risk of oscillating between an over-sized self-interested state driven by socialism and self-interested reactionaries driven by populism. Background music: 'Generations Away' by Unicorn Heads

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Gavin Oldham

Thought for the Week: Short-termism — Democracy’s Achilles’ Heel

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Short-termism — Democracy’s Achilles’ Heel
Food banks are very busy at this time of year, and Trussell, which co-ordinates and supplies 1,400 of them in the UK with 36,000 volunteers, is particularly active. Its combination of nationwide scalability and local partnerships shows how voluntary and philanthropic contributions can deliver hope in the face of a welfare state which has failed to break the cycle of deprivation over the past fifty years. Is this the model, combined with a more egalitarian form of capitalism, which can provide a more compassionate society, with participation for all? Background music: 'Soul Food' by Chris Haugen Image Source: Trussell

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Gavin Oldham

Thought for the Week: A Matter of Life and Death

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: A Matter of Life and Death
Matters of life and death featured strongly in the House of Commons last Friday. thanks to Kim Leadbeater's Private Members' Bill on assisted dying — it's curious how the new UK parliament has developed such a fixation on 'end of life'. The Government's plans for inheritance tax might encourage people towards a serious look at philanthropy — register to join Philanthropy Impact's webinar on Donor Advised Funds, starting at 12 noon this Wednesday 4th December. Background music: 'Wandering Soul' by Asher Fulero Image source: Philanthropy Impact

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Gavin Oldham

Thought for the Week: Walking into the Unknown

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Walking into the Unknown
Last week we focused on UK government debt: but it pales into insignificance when compared to U.S. national debt. Donald Trump has radical plans to apply tax cuts and huge import tariffs, but could this trigger a global financial crisis with no-one prepared to buy debt in a zombie economy? U.S. national debt has doubled to over $35 trillion during the ten years that Share Radio has been on air: both Democrats and Republicans have driven it remorselessly. A new approach to economics is needed which doesn't rely on either bigger government or lower taxes. Background music: 'Dark Alley Deals' by Aaron Kenny

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Gavin Oldham

Thought for the Week: The OBR should analyse generational impact

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: The OBR should analyse generational impact
The yellow-shaded column is the OBR's forecast for borrowing in 2028-29 as at March this year; the blue-shaded is their latest forecast. Is this really 'Invest, Invest, Invest' or 'Borrow, Borrow, Borrow'? The problem is that it all lands on the shoulders of today's young people, who will struggle more to find jobs after the employer NI changes and whose prospects of home ownership and family formation are already weighed down by student debt. Background music: 'Missing Persons' by Jeremy Blake

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Gavin Oldham

UK Parliament: Budget Speech 30 October 2024

Gavin Oldham
Original Broadcast:

Policy Matters

UK Parliament: Budget Speech 30 October 2024
UK Chancellor of the Exchequer Rachel Reeves delivers her first Budget. This recording is unabridged and without additional comment.

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Gavin Oldham

Thought for the Week — and beyond: Nobel Committee sets out existential threat to humanity

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week — and beyond: Nobel Committee sets out existential threat to humanity
Five countries were recognised as nuclear weapon states under the 1970 Non-Proliferation Treaty: the United States, Russia, the United Kingdom, France and China. Other states now with nuclear weapons include India, Pakistan and North Korea — and Israel is thought to have them too. Alfred Nobel, who invented dynamite but was appalled at the thought that he would be remembered as leaving such a deadly legacy, would be pleased with the Nobel Committee's decision to issue such a clear warning against any future use of nuclear weapons. Background music: 'Sarabande' by Joel Cummins Image source: Wikipedia

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