British economy continues to slide
Dec 6th 2012, 8:59 am
#61
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Dec 7th 2012, 12:33 am
#64
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Re: British economy continues to slide
British manufacturing was f**ked long before Thatcher came to power. Decades of socialist policies saw to that.
Dec 7th 2012, 1:00 am
#66
snɐןɔ ʎʇıuɐs
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Re: British economy continues to slide
Yep, you can see how f**ked it was by that solid upward path from 50s through to the end of the 70s, interrupted only by the decade of the 80s which pulled manufacturing output back to 60s levels and cut the heart out of heavy industry in particular, replacing it with an unfettered city financial 'industry' that ..... oh ....
So rather than bail out industry and support it in modernising to a world beating level, we end up bailing out a bunch of red braces financial gamblers, none of whom seem to have faced a mounted police charge for near bankrupting everyone. Strange that.
Dec 7th 2012, 1:55 am
#68
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Dec 7th 2012, 2:12 am
#69
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Re: British economy continues to slide
It's outrageous just how corrupt the financial sector has become. I mean, look at Corzine and how he got away with stealing all his customer's money.
Dec 7th 2012, 2:23 am
#70
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Re: British economy continues to slide
Hmm, let's just look at that graph again ....
Yep, you can see how f**ked it was by that solid upward path from 50s through to the end of the 70s, interrupted only by the decade of the 80s which pulled manufacturing output back to 60s levels and cut the heart out of heavy industry in particular, replacing it with an unfettered city financial 'industry' that ..... oh ....
So rather than bail out industry and support it in modernising to a world beating level, we end up bailing out a bunch of red braces financial gamblers, none of whom seem to have faced a mounted police charge for near bankrupting everyone. Strange that.
Yep, you can see how f**ked it was by that solid upward path from 50s through to the end of the 70s, interrupted only by the decade of the 80s which pulled manufacturing output back to 60s levels and cut the heart out of heavy industry in particular, replacing it with an unfettered city financial 'industry' that ..... oh ....
So rather than bail out industry and support it in modernising to a world beating level, we end up bailing out a bunch of red braces financial gamblers, none of whom seem to have faced a mounted police charge for near bankrupting everyone. Strange that.
It was bigger when she finished being PM than when she started.
It's bigger now, than it was then.
"decimated" indeed. But don't let facts get in the way of a good rant.
Dec 7th 2012, 3:16 am
#71
snɐןɔ ʎʇıuɐs
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Re: British economy continues to slide
I guess you are more a 'cut it off and it might grow back' kind of person, whilst I'm more a 'repair and medicate it so you can keep both legs'....
"decimated" indeed. But don't let facts get in the way of a good rant.
Dec 7th 2012, 4:20 am
#72
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Re: British economy continues to slide
1979 - UK was a basketcase
1990 - UK no longer was
1990 - UK no longer was
Dec 7th 2012, 4:30 am
#73
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Re: British economy continues to slide
Current usage of the word
The word decimation is often used to refer to an extreme reduction in the number of a population or force, much greater than the one tenth defined by the "deci" root.
Dec 7th 2012, 4:39 am
#74
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Re: British economy continues to slide
Unions are out of control in Australia, that and the absurd work choices, shelf stackers at Coles earning $20+ an hour, crazy.
People will have to realise that the world is changing rapidly, gov keeps banging on about being part of Asia and the the employment scenario there will one day have to be implemented here.
Sharp,hard working, industrious, quit witted, unscrupulous, immoral, connected, highly educated, rich will prosper all others will be chaff and will have to work there arse off to keep there and there families heads above water.
People will have to realise that the world is changing rapidly, gov keeps banging on about being part of Asia and the the employment scenario there will one day have to be implemented here.
Sharp,hard working, industrious, quit witted, unscrupulous, immoral, connected, highly educated, rich will prosper all others will be chaff and will have to work there arse off to keep there and there families heads above water.
Dec 7th 2012, 4:43 am
#75
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