the end of UK.. RIP.

[Renegen]

Isn't the Mafia still very much present in Italy? And all politicians benefit.

As for the UK, I finally understand why all the big brother laws were put in place. The earth will tremble with the wrath of the people, they want to get ready and stay in power. Here's a hint : you bankrupt a country, you have no authority to stay in power.

And BuyHiSellLo is a clown, I had him on ignore and forgot he ever existed.

 

[Nikolas G]

Quote from Batman28:

this little island - peanuts compared to the US of A did everything to be and remain one of the leading financial centres.. a quick look into economics books will tell of the great era of "privatisaion" in Britain and its "comparative advantage" in the services..

the UK was effectively a financial services economy.. from banking, global pension funds to insurance and anything u can think of..

in London they don't make cars or grow bananas, there are no factories or any raw materials. but there are thousands of building blocks of offices - for the services sector most of which if not all are financial services related.. a quick taxi trip in the city can give a good view of how many are empty now days.

this little island doesn't produce anything meaningful.. with ridiclous charges imposed in as many different ways to keep it rolling.. from $10 train single way train journeys, congestion charges, tax on anything u can think of, mandatory insurance taxes on anything possible.. I'm surprised you're not charged for breathing in the UK..

It never had a dime of materia, it lost its factories decades ago and now it's about to lose its service sector..

this is the end of britain as we knew it..

anyways the question now is, where is best to move for living now.. I surely don't want to learn Mandarin, but I hear honk kong or singapore are pretty nice places to be.. even some states in the middle east or how about south america? canada? Australia?

You'd be surprised how many are thinking and feeling what you are expressing. I just fear that moving to another country would do very little. The globalists have turned over every stone. Trust me, I've looked. There could indeed be a few hang-outs. Places like Abu Dhabi and Dubai come to mind, however, these are fairly artificial systems and based on a constitutional monarchy.

Have a look at the following article. The idea is basically to bring the Anglo-American countries back to a 19th century style manufacturing power (one the laborers will not reap the benfits from this time around). I have been thinking this for a long time as this would switch the economic roles of counties like China and the USA. Those who saved will be the future consumers and those who got into debt will have to work it off. You might not want to live in these countries, but investing in them might be a good prospect for the future.

 

[tradersboredom]

what the economy needs is cheaper efficient less polluting source sustainable source of energy.

business in taxes, gov't regulation, and legal cost in law suits and business insurance car is health insurance suck the economy of capital.

Quote from Nikolas G:

You'd be surprised how many are thinking and feeling what you are expressing. I just fear that moving to another country would do very little. The globalists have turned over every stone. Trust me, I've looked. There could indeed be a few hang-outs. Places like Abu Dhabi and Dubai come to mind, however, these are fairly artificial systems and based on a constitutional monarchy.

Have a look at the following article. The idea is basically to bring the Anglo-American countries back to a 19th century style manufacturing power (one the laborers will not reap the benfits from this time around). I have been thinking this for a long time as this would switch the economic roles of counties like China and the USA. Those who saved will be the future consumers and those who got into debt will have to work it off. You might not want to live in these countries, but investing in them might be a good prospect for the future.

 

[BuyHiSellLo]

Quote from Renegen:

Isn't the Mafia still very much present in Italy? And all politicians benefit.

As for the UK, I finally understand why all the big brother laws were put in place. The earth will tremble with the wrath of the people, they want to get ready and stay in power. Here's a hint : you bankrupt a country, you have no authority to stay in power.

And BuyHiSellLo is a clown, I had him on ignore and forgot he ever existed.

I only joined in August so how could you forget I existed you stupid bastard.

 

[ByLoSellHi]

The U.K. is a welfare state, from cradle to grave.

Sadly, much of Western Europe is as bad or worse.

Whoever said that life in the U.K. is overtaxed, over-regulated, over-governed - you hit the nail on the head.

You have to pay a congestion charge just to drive into downtown London. http://www.tfl.gov.uk/roadusers/congestioncharging/

The top tax rate is shockingly high. Burdens on business are onerous, to say the least. The government is filled with pompous windbags who espouse philosophy and engage in esoteric debates all day long.

The Brits are a vanquished lot that still want to feel as if their once mighty navy bestows the kind of prestige and power that it did during their glory years, when they colonized as an exercise in ego boosting.

The crash in housing prices in England will make what we're experiencing here in the U.S. mild, on a relative basis (London proper will crash, too, but not as hard, as there really is extremely limited supply).

Ireland will grow at a much faster clip than England over the next century, as the Irish are brass tacks, doers, and the English are theater goers wallowing in their perceived glorious past. Ireland has a business friendly tax structure and government, while England has an oppressive regulatory scheme and crushing tax structure.

 

[stock_trad3r]

Quote from Batman28:

this little island - peanuts compared to the US of A did everything to be and remain one of the leading financial centres.. a quick look into economics books will tell of the great era of "privatisaion" in Britain and its "comparative advantage" in the services..

the UK was effectively a financial services economy.. from banking, global pension funds to insurance and anything u can think of..

in London they don't make cars or grow bananas, there are no factories or any raw materials. but there are thousands of building blocks of offices - for the services sector most of which if not all are financial services related.. a quick taxi trip in the city can give a good view of how many are empty now days.

this little island doesn't produce anything meaningful.. with ridiclous charges imposed in as many different ways to keep it rolling.. from $10 train single way train journeys, congestion charges, tax on anything u can think of, mandatory insurance taxes on anything possible.. I'm surprised you're not charged for breathing in the UK..

It never had a dime of materia, it lost its factories decades ago and now it's about to lose its service sector..

this is the end of britain as we knew it..

anyways the question now is, where is best to move for living now.. I surely don't want to learn Mandarin, but I hear honk kong or singapore are pretty nice places to be.. even some states in the middle east or how about south america? canada? Australia?

bffft none of this is a big deal. The strength of economies lies in consumers buying stuff, increased productuion & productivity, and technological growth. The RBS means nothing to anyone except the people of Scottland.

 

[9999]

Quote from Renegen:

Isn't the Mafia still very much present in Italy? And all politicians benefit.
.......
...

And how is this relevant to the current UK situation?

 

[Renegen]

Quote from 9999:

And how is this relevant to the current UK situation?

They give fresh ideas to the british government?

It's not me who brought up Italy in this.

 

[Anaconda]

Quote from C6H12O6:

I agree about bureaucrats and elites, I know.

But about the benefits, it's not that simple.
Who buys the products of Germany ? People like me, in Italy and in other euro countries. How could I buy those good quality german products, if I had a debased currency in my pockets ?
The relationships are complex. As you know, the benefits from a stable and common currency are multiple and reciprocal. What I appreciate most is the legacy from the Bundesbank.

So what is your point? You are essentially admitting that Italy, Greece and similiar nations with weak, corrupted economies are leeches and benefactors at the expense of successful nations. Socialism at its finest.

The relationship is not complex, it's simple. You want their products, you buy it. If the seller does not accept your currency, you have exchange it to theirs. The debasing of your nation's currency is not the seller's problem, it is your nation's problem. If your corrupt government is the cause, then DEAL with it. Like the saying goes: "The people deserve the government they get"

But at least without the Euro, the people had more potential power over their national government & currency. With European Central Bank in charge, you have little to no power, short of a revolution or complete disobedience.

 

[Renegen]

A common currency is a beneficiary to trade, it's a known fact.