People have a fetish for smelly, bloody and dangerous occupations where the returns are poor and the competitors numerous.
No, I’m not talking about the British kink for dominatrices.
I mean the warm feeling the public has for manufacturing – and not even the slick, highly-skilled factories that we have in the UK and the US, but the grubby assembly lines that migrated to China.
My regular roundup of the week’s best money blogs and financial articles.
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Ever heard the noise a fruit machine makes when you score three gold bars in a row?
Kerching! Kerching! Kerching!
Something similar can be heard gushing from the UK small cap sector at the moment, as public and private companies:
The housing charity Shelter is highlighting the over-valuation in UK house prices by comparing house price rises with the price inflation of milk, bread or a chicken over the past four decades.
Comparing with 1971, Shelter says UK house prices have gone up 40-fold.
If various foods had gone up at the same rate we’d be paying:
