Living abroad tips and hints for money savers

donny-gal

droopsnout wrote: »

Whilst the decline of British manufacturing industry since the 1970s is clear to all of us (mining, shipbuilding, steel, etc), other sectors have progressed, until the present crisis.

I refer the honourable lady to the share price pages of the FT!

But here I would suggest that pharmaceuticals, chemicals, scientific research, financial (mis)management, defence, brewers, telecoms and builders figure highly in the FTSE 100 and FTSE 250. Some may not be manufacturing industries, but they are industries nonetheless, I think.

Have they really DS if you look at this graphWhile the 2009 recovery appearsto matc 2000, surely with inflation, it has not?
DG

droopsnout

Yes, true.

Of course, where we both come from might not be quite so left-wing had Mrs Thatcher not effectively destroyed South Yorkshire. I would hazard a few quid on many people swearing never again to vote Tory after the miners' strike. I presume that your Dad wasn't one of Scargill's members!

Still, you never know ... Doncaster recently elected a mayor who wasn't in a major party!

The nation's favourite and most trusted politician is apparently Vince Cable. Perhaps the LibDems should design their campaign around him rather than Nick Clegg, whose voice actually resembles Cameron's. (They look a little alike, too, to me).

Whoever gets in power next time has got one hell of a job on their hands. And not just with the economy, either.

droopsnout

donny-gal wrote: »

Have they really DS if you look at this graphWhile the 2009 recovery appearsto matc 2000, surely with inflation, it has not?
DG

2009 recovery??? What recovery? 2009 has been a year of recession. The graph you link to does show share prices starting a recovery, but some believe that there will be another dip before a more solid return to a healthy economy..

I think your reply is in answer to my words "other sectors have progressed". I wasn't actually referring there to share prices, but to the replacement of traditional manufacturing industries with more modern equivalents. My reference to the FT was to save me listing a load of companies which constitute the industrial base of the economy.

Sorry if I confused anyone.

donny-gal

My Dad was a Coal Board Management Engineer, and a BACM representative, and as Colliery Management had to keep going down the pits ensuring they were safe, going through the picket lines, my brother was a miner. Both detested Scargill for using the miners to try to bring down the government, he was not fighting for miners but becuase he wanted to bring Maggie down. My brother did not go to the picket lines, as he did not believe in it.

I am closer to the sitution there than anyone, and while some think he walked on water others do not.
DG

droopsnout

Your family members' point of view may have been a correct one, but at the time, it was a minority view.

Members of both sides of my family were employed either underground or at the pithead. I was brought up with their stories and beliefs. They were not convinced by Scargill at all, but did believe that their industry was being threatened.

Now some mines such as Hatfield Main are re-opening. Funny old world.

What's disturbing at the moment, though, is the prediction that the pound and euro are heading once again for parity.

Gizzajob, anyone?

Errata

donny-gal wrote: »

My Dad was a Coal Board Management Engineer, and a BACM representative, and as Colliery Management had to keep going down the pits ensuring they were safe, going through the picket lines, my brother was a miner. Both detested Scargill for using the miners to try to bring down the government, he was not fighting for miners but becuase he wanted to bring Maggie down. My brother did not go to the picket lines, as he did not believe in it.

I am closer to the sitution there than anyone, and while some think he walked on water others do not.
DG

Plenty of ex-miners in coalfields communties despised Scargill, but kept quiet about it and still do.

droopsnout

Errata wrote: »

Plenty of ex-miners in coalfields communties despised Scargill, but kept quiet about it and still do.

True. But they also despised Thatcher.

It could be argued that both sides were led by people who were completely unbalanced, for one reason or another.

seven-day-weekend

As a Midlander with no mining connections whatsoever, I always thought Scargill was just using the miners to 'get' at Thatcher and that Thatcher was using the miners to 'get' at the Unions.

I don't think Scargill cared all that much about the miners. I for one thought he was a horrible little man.

donny-gal

7DW -I think you may have hit the nail on the head.
DG

novice-saver

Going back to the debt problem, and the way money appears to work these days...

if you've 47 minutes to spare, watch this:

http://video.google.com/videoplay?docid=-2550156453790090544#

"Money as debt" by Paul Grignon.

I found it rather disturbing, but some odd "money" things make a kind of sense now.


Your opinion may differ.