tag:blogger.com,1999:blog-2948538160252327076.post3821552981105776043..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: What will we do?Alice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2948538160252327076.post-66516122616551177752009-05-01T14:32:00.000+01:002009-05-01T14:32:00.000+01:00Good riddance: the finance industry was resplenden...Good riddance: the finance industry was resplendent with scum bags and served up over-paid but essentially crappy jobs shovelling paper and peddling dodgy investments. The only saving grace was the prostitution and lap dancing. To see it all disappear would be delightful!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-10245211851677359182009-05-01T13:04:00.000+01:002009-05-01T13:04:00.000+01:00You need to put this in perspective.
a. In a rout...You need to put this in perspective.<br /><br />a. In a routine drought in Zimbabwe we would contract by 3% usually form 3% growth. Britain will live. For the record a 7% downtown or 10% swing is liveable too though scary.<br /><br />b. Much of the lost business was smoke and mirrors. Numbers on paper have to be adjusted. The real economy is largely unaffected.<br /><br />c. Financial services was only 10% or less at its peak. Easy money perhaps but not the biggest sector. Let's get back to work.<br /><br />d. Globalization offers other opportunties. Lets find them.<br /><br />e. Science offer other opportunities that are heaps more interesting.<br /><br />Time to pick our jaws up off he desk and move on.Jo Jordanhttp://flowingmotion.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-4764241856952792822009-05-01T11:09:00.000+01:002009-05-01T11:09:00.000+01:00as we compete with workersNah, that is almost Over...<I>as we compete with workers</I>Nah, that is almost Over: de-globalisation will immidiately follow the first sovereign default. Go Gordon!!fajensennoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-70363449694752741072009-04-30T15:46:00.000+01:002009-04-30T15:46:00.000+01:00Jim Rogers explained this rather better. Banking w...Jim Rogers explained this rather better. Banking will move where the money is, and the UK doesn't have any, so the UK without a reliable currency of its own cannot indulge in foreign currency lending.<br />The situation is extremely bleak, house prices are the least of our worries.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-6472838808528521692009-04-30T15:27:00.000+01:002009-04-30T15:27:00.000+01:00If we do start bashing metal and digging coal, the...If we do start bashing metal and digging coal, there will be a bit of a shock coming to people who have lived beyond their means for the last decade or so !<br />Standards of living will drop significantly as we compete with workers in China and India... a wake up call if ever there was one !!!!Markbaldynoreply@blogger.com