The curious tale of
Cameron, our Prime Minister, not the pale ale, and the belated declaration of
interest has sneaked into some of the media but without much apparent
interest. It would seem that with a
Royal Charter impending to bash the Press it would be indelicate to ask too
many questions.
It appears that in 2010 he
headed up a conference of an organisation called Dishaa, sponsored by Common
Purpose and the omnipresent Price Waterhouse Cooper's to link leading business
people in India with those of the UK.
The general idea that
unlike the old days the money would be coming from India not as a form of
tribute but to "invest", that is to establish ownership and control
in sectors of the UK economy.
Because of the intricacies
of the currency markets one effect has been that nations with surpluses have
been able to export unemployment to Europe while at the same time holding the
credits on a great deal of the debt.
There is already a good
deal of presence from the India part of the subcontinent in the UK, both
financial and population. At the top
end they can carry the clout that money and connections can bring. They also know their history.
Because this tale is not
just about Britain and Ireland, it is about Europe as a whole. London is now a gateway to all just as in the
days of the early Raj Calcutta was to the Mughal Empire. This Empire was a vast, complicated and rich
one which fell prey to the Europeans among whom the British took the prizes.
The state and mess that
Europe is now in and the extent to which it is dependent on others for many
basic needs means that in being "open for business" it is ripe for
others to enter, influence and eventually control.
The subcontinent had a
contest between European powers. Europe
will become the location for the contest between others. Russia, China, The oil states, the global
companies and India are all in the game.
Our political leaders are
hoping that London will become the financial port of entry for all of them. The Europeans want Britain and Ireland to
become subject districts that they can offer to the incomers.
Anyone for polo?
"The curious tale of Cameron, our Prime Minister, not the pale ale"
ReplyDeletePity - I know which I prefer.