Guernsey

In the Channel Islands, which I know are not part of the EU, but to give an example of how to do things differently.

So the Channel Islands, their main, well not just, this is Guernsey I'm talking about, sorry, Air Oregon is their state airline and it's completely state owned.

they have a cap on flights, so £45 is the maximum you'll ever spend on a flight.

So a flight from Guernsey, which as a population, slightly more than the Outer Hebrides, probably more compatible to Shetland maybe than us, but a flight is £45 one way to Bristol and back.

So in

total you're never spending more than £90 to get off the island.

And my mum and dad took us on holiday.

We went in a plane to Guernsey and we had a salad.

And it had on the top what I thought was a grape, a black grape.

Oh, I've heard this.

He meant a very small group of people at the apex of power in Britain.

And one of the things they've done is they've allowed these kind of liminal spaces like the Cayman Islands and the British Virgin Islands and Gibraltar, but also Jersey and Guernsey and Man, and actually also other places that sit formally outside the constitution, like Singapore, which has a a very close constitutional relation with Britain, but it's not formally part of Britain.

For example, the British trained Gurkhas prop up the authoritarian regime there still.

And that's the wiring of the global financial system.

We want to be part of that solution, developing new products that can help ensure the risks of a warming climate with the inability for a homeowner in Tampa, Florida, to get casualty property insurance.

We own two island nation exchanges, the Bermuda Stock Exchange and the International Stock Exchange out of Guernsey.

where they're dealing with a lot of the crisis in insurance.

So we're hoping we can launch a series of not only institutional financial futures, but also ones that are retail garnered to help those people that are having issues in their practical lives.