UK THE Failed State
- Thread starter zdreg
- Start date
As I have said, I have no doubt the U.K. is in quite the pickle. Once you head down a path of managed decline it is hard to get investors/bond buyers.
what managed decline? GDP growth is better than the EU. The only thing that declined is the state as a share of gdp unlike the US where the state is increasing as a share of gdp. You are a socialist that wants the state to dominate the economy.
Thank you for telling me what I am. Where would I be without your guidance? That’s great that the U.K. is so awesome in your eyes. You will need that optimism for the challenges before you. Stiff upper lip and all that.
play the idea not the man. You think that the state has to increase as a percentage of gdp. That is socialist economics. If the state is frozen then declines as percentage of gdp taxes can be cut.
Don’t be silly. It’s not socialism for the government to do government things. Socialism is making private industry public industry. “Seizing the means of production” and such.
I do not think anything of the state. If you go way, way back to my first posts you’ll notice I make the point the U.K. is set in a path that has been quite some time in the making. The truth is that there must be some kind of massive shock to get the U.K. back on track. Think great resets like world war, black plague, aliens from another galaxy, etc. cheerio.
The UK's fundamental problem is ecological overshoot, and most problems can eventually trace their cause back to that. Without tremendous outside income to enable imports of everything, they cannot sustain their current I=PAT level (Impact = population x affluence x technology). So now they're in a state of catabolic collapse:
https://www.elitetrader.com/et/threads/ecological-overshoot.363016/#post-5495444
https://www.elitetrader.com/et/threads/ecological-overshoot.363016/#post-5495444
GDP includes social and economic negative activity, and it's an aggregate figure that does not account for distribution and inequality.
back on track is not borrowing and printing money to increase the size of the state. That is debasement of the currency see the gold price in any currency.