tag:blogger.com,1999:blog-2948538160252327076.post8717932930446553137..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: Time is running outAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2948538160252327076.post-90935339002234224122011-10-21T19:25:40.966+01:002011-10-21T19:25:40.966+01:00A Chinese industrialist recently pointed to our we...A Chinese industrialist recently pointed to our welfare system and concluded that we cannot recover with it in place.<br /><br />He's right.<br /><br />It's why so many of our people are fat and useless and why we need to import people to do their work.Electro-Kevinhttps://www.blogger.com/profile/18073103431166273080noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-10508145210768528962011-10-20T04:06:21.274+01:002011-10-20T04:06:21.274+01:00"Time, you moron, will never "run out&qu..."Time, you moron, will never "run out"."<br /><br />Only a pedant could point out something as literal as that.<br /><br />Mr. King was being metaphorical, but substantive.Vodka drinkernoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-60646102524822246342011-10-19T17:07:38.011+01:002011-10-19T17:07:38.011+01:00Time, you moron, will never "run out".Time, you moron, will never "run out".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-40910651018838962542011-10-19T14:51:11.238+01:002011-10-19T14:51:11.238+01:00I have already used the term "Merve the Swerv...I have already used the term "Merve the Swerve" in the past. Basically, he is like a surfer trying to ride too many boards on a tsunami. It may look interesting but it ain't going to work.Demetriushttps://www.blogger.com/profile/17198549581667363991noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-34072188831999352622011-10-19T12:08:34.888+01:002011-10-19T12:08:34.888+01:00I take issue with your statement that we don't...I take issue with your statement that we don't have enough idle workers. Taking aside that as an unemployed person(not supposed to comment on this sort of blog I know)and that I am not a shirker, your statement that there are not enough of the right sort of people in the UK to make capitalism work is wrong. The policy, I speculate that it was adopted ad hoc, was to allow the entry of several million young, enthusiastic adventurists from all over the world. This has had a macro economic, political and social, effect. This was an excellent way to achive several things and it was only necessary to claim that to stop it was impractical or illegal. Firstly it increases competition between employees and serves to instil work discipline and keep down wages. You can forget the trade unions, but I'll mention that it reduces understanding, solidarity and trust. I shall not dwell on the social effects of this policy as this blog has a decidely 'economist' feel as Lenin would have said. This has no doubt staved off a much worse crisis of capitialism that would have occured without it. Essentially the whole culture of the nation would have had to be altered to reduce dependency and education tailored much more to competitiveness - OR something more socialist, national socialist essentially. As it is the idle millions of indigenes are very functional - they are cast iron labour voters, which incidentally the non white incomers are also. As I said, I dont think they thought this in advance but there was probably a eureka moment some time in the 90s. Similar processes took place regarding irish immigration in previous centuries. What is your experience of this reality I wonder? Do your eyes deceive you? Recently I was interviewed for a 20K job with Kuehne and Nagel in Birmingham. Of the 10 people there for the interview day 6 or 7 were from outside the UK. This is a MACRO effect. Now, go back to your Adam Smith altar and pray to increase you fatih in an 'abstract' non historical understanding of society.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-67119337692903239312011-10-19T08:40:54.920+01:002011-10-19T08:40:54.920+01:00"Sentient economists"?
Are there some ..."Sentient economists"? <br /><br />Are there some that are not - and who do they work for Alice?<br /><br />A bit of finger pointing is in order.<br /><br />Back onto the point. You seem to be pointing to an underlying issue of of a DM/Euro exchange rate fix on one hand and a Yen/USD on the other.Anonymousnoreply@blogger.com