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Would you advise your kids to emigrate?

I think I'm a bit depressed at the moment, but consider:-

1. Name 5 things this country makes or does that is top-notch world-class (apart from paying benefits).

2. The imbalance in the economy is startling. It goes like this:
a) Thrifty chinese worker makes goods and saves wages
b) Those wages are loaned by Chinese banks to people in this country
c) People buy the chinese goods, paid for from the loaned wages of the chinese workers
d) The economists regard the sale of those goods as adding to the GDP of the UK.

This is all just zany. How can the sale of chinese-made goods, paid for by Chinese loans, be regarded as adding to the GDP of the UK? How can an upturn in retail (with a high proportion of imported goods) really mean that the economy is pulling out of recession?
No reliance should be placed on the above! Absolutely none, do you hear?
«13456711

Comments

  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    It cant. Hence the reason why I dont plan to have kids TILL I have emmigrated. With an estimated quarter of a mill of savings.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    GDB2222 wrote: »
    I think I'm a bit depressed at the moment, but consider:-

    1. Name 5 things this country makes or does that is top-notch world-class (apart from paying benefits).

    1)Design and R&D for cars, engines, and most things mechanical,
    2)pharmisitucals,
    3)banking system (but perhaps tainted)
    4) education (yes people come here to pay for education)
    5) manufacturing (yes some of our production facillitys are world class)
    6) Inventing
    7) Moaning how bad things are:rotfl:

    Just because someone screw it together cheaper does not mean we do not do anything.

    I think you need to actualy look at what companies do rather than beliving what the people on here tell you.

    We have a society where you can be rags to riches, OK your kids may have to excel at something or invent some thing, but that is not different all over the world.

    It is the minority who get it on a plate.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    It is the minority who get it on a plate.

    Like the 16 year old single mother of triplets?
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    GDB2222 wrote: »

    2. The imbalance in the economy is startling. It goes like this:
    a) Thrifty chinese worker makes goods and saves wages
    b) Those wages are loaned by Chinese banks to people in this country
    c) People buy the chinese goods, paid for from the loaned wages of the chinese workers
    d) The economists regard the sale of those goods as adding to the GDP of the UK.

    This is all just zany. How can the sale of chinese-made goods, paid for by Chinese loans, be regarded as adding to the GDP of the UK? How can an upturn in retail (with a high proportion of imported goods) really mean that the economy is pulling out of recession?

    Welcome to the phoney economy.

    Peter Schiff has had quite a bit to say on this very thing.

    Here is an extract from one of his recent talks.............

    http://www.vodome.cn/video.php?vid=88810

    Applies equally to the UK
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • bluey890
    bluey890 Posts: 1,020 Forumite
    edited 23 July 2009 at 2:53PM
    GDB2222 wrote: »
    I think I'm a bit depressed at the moment, but consider:-

    1. Name 5 things this country makes or does that is top-notch world-class (apart from paying benefits).

    2. The imbalance in the economy is startling. It goes like this:
    a) Thrifty chinese worker makes goods and saves wages
    b) Those wages are loaned by Chinese banks to people in this country
    c) People buy the chinese goods, paid for from the loaned wages of the chinese workers
    d) The economists regard the sale of those goods as adding to the GDP of the UK.

    This is all just zany. How can the sale of chinese-made goods, paid for by Chinese loans, be regarded as adding to the GDP of the UK? How can an upturn in retail (with a high proportion of imported goods) really mean that the economy is pulling out of recession?

    Exchanging pieces of paper (with the Queens head on) for physical goods is not necessarily bad.
    Eventually, if left to its own devices, the market will rebalance.

    The reliance on undemocratic and/or unstable countries is more concerning to governments.
    Favourite hobbies: Watersports. Relaxing in Coffee Shop. Investing in stocks.
    Personality type: Compassionate Male Armadillo. Sockies: None.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    In all honesty, I don't know whether I would.

    While I know all our problems, I don't know other countries problems. Would certainly have to have lived in any country I reccomended before hand myself.

    I'm sure other countries don't know our problems either really, not the real societal problems we have.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    there are many worse places to live in than the UK.

    there are also better places too it depends what you want and are looking for - quality of life, future opportunities, education, weather etc...
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    GDB2222 wrote: »
    I think I'm a bit depressed at the moment, but consider:-

    1. Name 5 things this country makes or does that is top-notch world-class (apart from paying benefits).

    2. The imbalance in the economy is startling. It goes like this:
    a) Thrifty chinese worker makes goods and saves wages
    b) Those wages are loaned by Chinese banks to people in this country
    c) People buy the chinese goods, paid for from the loaned wages of the chinese workers
    d) The economists regard the sale of those goods as adding to the GDP of the UK.

    This is all just zany. How can the sale of chinese-made goods, paid for by Chinese loans, be regarded as adding to the GDP of the UK? How can an upturn in retail (with a high proportion of imported goods) really mean that the economy is pulling out of recession?

    1. Financial Services
    2. Weapons technology (I dont agree with it but we are proficient in this industry)
    3. Medical technology and research (especially biotech and stem cell research)
    4. Chemicals and pharmaceuticals
    5. Probably the most globally successful creative and entertainment industry per capita of any country apart from the United States.

    And some extra ones

    6. Education. More international students come to the UK to study than to any other country bar the United States, who for a country 5 times our size gets approximately one third more students.

    7. Aeronautics. The UK remains one of only a handful of countries in the world with capability manufacture large scale passenger air craft.

    8. Law.

    9. Tourism. The UK is one of the most visited countries in the world. British museums, galleries and monuments are amongst the best of any country I have visited. The US sends more tourists to the UK than to any other country.

    10. Telecoms

    There are a great number of things the UK does really rather well.

    And we even keep beating the Aussies at sport now.
  • 97trophy
    97trophy Posts: 915 Forumite
    Regardless of who wins the next election the UK has a huge Govt debt burden. This is going to effect the country for decades. Services will be cutback and taxes will be increased.

    Where I live (Essex) property prices are still relatively (ridiculously even) high to average wages.

    The weather will still be "£$% and England's football team will still be losing.

    Against that Australia is looking very good. So yes to the OP's question.
  • GDB2222
    GDB2222 Posts: 26,512 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    chucky wrote: »
    there are many worse places to live in than the UK.

    there are also better places too it depends what you want and are looking for - quality of life, future opportunities, education, weather etc...

    I am concerned that we are currently living on borrowed time in this country and that we are in long-term decline.
    No reliance should be placed on the above! Absolutely none, do you hear?
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