Richard Littlejohn makes an interesting point about crime trends:-sheep rustling-metal thefts-shopliftingThis is what happens in poor countries.
Export led growth is what happens when you have something to export!.Our key industry is finance and there does not seem to be much demand for that at the mo!.If you crush manufacturing and the extractive industries, and abandon farming/fishing to the EU, then what can you expect.I blame [please insert here].
Inflation is the cruellest and most destructive tax. And it does not solve the prtoblem...
what bit of manufacturing we have is largely owned overseas, so profit disappears overseas. The UK economy doesn't get much gain as the transfer price set by head office ensures tax is not payable here so we only get the income tax from the workers.
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