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UK economic recovery on the verge of collapse

2

Comments

  • tod123
    tod123 Posts: 7,021 Forumite
    There is a quick fix for the south, get rid of the north!
  • adyj73
    adyj73 Posts: 166 Forumite
    macaque wrote: »
    What baffled me was that anyone could seriously expect sustainded growth based on more of the old economic model i.e. borrowing to buy foreign built houses (thanks to East Europeans), TVs and carpets. Susustainable economic recovery will come from hard work and:
    • Teachers turning out students that can read and write
    • Universities turning out graduates with useful degrees
    • Big companies taking the trouble to civilise and train local recruits
    • Financial services not nabbing the brightest and best to churn and waste other people's money
    • Investment going into science and technology
    There is no quick fix (and please note; for once I did not have a pop at the public sector)


    I'm with you 100% on this!

    I would also like to see companies delivering services in the UK made to deliver those services by a minimum of 75% onshore staff instead of offshoring the work and sucking the money out of our country. If these global countries want to use cheap labour in India say then they should win work in that country and use those staff to deliver the services there not to rape our own nation!
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    macaque wrote: »
    Investment going into science and technology
    Ah yes, The white heat of the technological revolution. Which brought us the National Enterprise Board, the DeLorean car and the Sinclair pocket television.

    And Concorde. Total sale: 14.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • adyj73
    adyj73 Posts: 166 Forumite
    Very narrow view there pdrdef - so Spectrum didn't sell millions of Spectrum 48k's etc? Rolls Royce don't have engines in 1000's of aircraft? BAE don't sell millions of pounds worth of weaponry globally? we have one of the strongest life science sectors in th world....yet you pick out a Delorean and a pocket TV for your argument......

    Well done!
  • edinburgher
    edinburgher Posts: 14,568 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    the DeLorean car

    I'm confused - weren't they American?
  • adyj73
    adyj73 Posts: 166 Forumite
    Northern Irish which is Britain AND ALWAYS WILL BE on my watch ;)

    http://en.wikipedia.org/wiki/DeLorean_DMC-12
  • abaxas
    abaxas Posts: 4,141 Forumite
    tod123 wrote: »
    There is a quick fix for the south, get rid of the north!

    Remind me how you propose to do that and also be able to feed yourself?
  • hallmark
    hallmark Posts: 1,502 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Phyllis wrote: »
    There are no easy answers but a land tax would solve many problems and be a big step in the right direction. Unfortunately it seems to be ruled out by all three main political parties, who only think as far as the next election.

    Ridiculous, no tax ever helped an economy get out of recession.
  • adyj73
    adyj73 Posts: 166 Forumite
    hallmark wrote: »
    Ridiculous, no tax ever helped an economy get out of recession.

    I'm expecting someone to suggest a window tax next. We would all be bricking them up before you know it :rotfl:
  • mongmoney
    mongmoney Posts: 174 Forumite
    Mortgage-free Glee!
    Stop paying out for what you don't actually need!
    If only the government would turn the lights off and make a real difference.
    The economy will improve, we just need to be patient, honest!
    Can somebody please buy my house??????
    Mongy
    Jan GC £28-49/£120 NSD's 15/17
    Dec GC £90-90/£140 NSD's 17/18
    Storms make oaks take deeper root
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