egafd.com

Well? What do we get out of it? Seems to a dunce like me that it destroyed our jobs, our businesses and our national wealth. what am I missing here?

We are effectively trying to complete for jobs with workers being paid 50 pence an hour. what did we think would happen? how can we compete until our living standards fall so low as we are a third world country? Isn't it obvious that companies will send our jobs to the east? If we don't have jobs we can't pay tax to reduce the debt. We can't buy British goods because we don't make any so we import everything sending all our wealth abroad to the Chinese. The fuckin Chinese are like a pimp. We are their junkies. They have offered more and more credit and we took it. We are hooked on credit. Now they effectively own us. They lend us more and more to buy their cheap plastic crap.

We are Fucked!flush!

Well, globalisation has been going on for centuries I guess. I'm not sure if I have a view either way.

I'm sure it was great for Britain until the developing nations started going through their own industrial revolutions round about the middle of the last century and are now at the position when they can manufacture the vast majority of products at a fraction of the price we can.

Here are a few pros and cons
http://www.guardian.co.uk/world/2002/oc ... williamson

I suppose the underlying question is what the bloody hell does the UK do now to get some economic growth.

The Tory idea is you cut the public sector throwing a 100,000 or more people out of work and the private sector takes up the slack.

This strikes me as a bit like those religious miracles that I can remember reading in primary school. When Osborne was asked "give us an example of this happening" he came up with Canada in the 1990's which had a big debt, introduced swingeing cuts in the public sector and grew the economy to pay off the debt.

Alas it was pointed out to Boy George that in this instance, Canada's greatest trading customer, the USA was going through an enormous boom so was keen to buy loads of products etc.

Where we are now is:

Euroland appears to be tanking in terms of government debt, so they arent going to be queueing up to buy British goods if they can possibly avoid it.

America is tanking and if the republicans get in next year which looks likely then the US will see austerity in a way that it has never seen since "buddy spare a dime" in the 1930's

Asia can make pretty much anything apart from some specialised/cutting edge stuff cheaper than us anyway.

So that leaves the domestic market. And Boy George and Dodgy Dave have made a brilliant job of terrifying the public so consumer confidence and hence business confidence has gone down the toilet pan.

The result of all of this is that the banks don't want to lend money to businesses to expand because they are worried they will lose the money.

And at a time when consumer confidence is at an all time low, which business in its right mind would borrow loads of money now even if they could.? If you want to grow your business, you need a bit of demand. And that is going through the floor.

I suspect there are solutions, but what I have seen so far of Boy George is that he has no idea so it is unlikely the Tories will come up with anything.

I could describe what I think Labour would suggest, but I feel the urge for a pint instead.

But as you suggest, things are definitely not looking rosy.

Cheers
D

I haven't heard any economists or politicians come up with any idea. Print money reduce interest rates. Reduce taxes.

The fundamental problem is that the cash has all gone East and we in the west are all in debt. We sell to Europe and America. But they are all in the same boat as us. What can we sell China, India, Russia and the East? They make everything themselves. They have the dosh and we need to get some of it.

There must be something we can sell them????????? I'd start with tourism.

You got that right! China has introduced a social insurance tax on foreign workers. China is stealing British jobs by engaging in unfair trade practices. Time for a level playing field.

Unemployment at 17 year high,NHS falling to bits,disabled people being told they have to work...and the tories take the lead in the polls for the first time in months. Depressing. Amazing what a bit of jingoistic i hate europe bullshit can do.

I don't think anyone has ever said "Globalisation is good for Britain" as far as I know. I suspect massive conglomerates have said it at conferances where everyone gives each-other high fives and "whoops" whilst at the same time secretly terrified that they themselves are about to be thrown out of their jobs.

Globalisation puts far too much power in too few hands and put together with mass global communications has taken too much power away from our elected representatives and placed it in the hands of cunts floating about in enormous yachts peering at dozens of screens wheeling and dealing with $Billions.

These bastards actually control our governments whose real jobs are to keep us under control and living as good, obedient little consumers.

This explains why the once "Great British Christmas" has been completely corrupted to the point that Christmas day is now merely an "annoying" interruption to shopping and the lead up no more than a high pressure sales pitch to get us all to spend as much money as possible.

I am seriously considering starting one of those petitions of 100.000 signatures you need to get a proposal discussed in Parliament. My proposal is to reinstate Boxing Day as a day all shops must be closed together with Christmas Day. I would also include all shipping from "On line" trades as well, to stop the cunts making their staff work in warehouses for crap money as an alternative. This would stop bastards like Tescos delivering from on line orders on those days.

I think I would get many millions of signatures for this proposal.

jimslip wrote:


> I am seriously considering starting one of those petitions of
> 100.000 signatures.......

I think there's already one to stop shops advertising, decorating or mentioning Xmas before Dec. 1st. Perhaps you should amend that!

My proposal is a little more practical and takes into account the rights of workers to have the right where possible to have these days with their families, not be financially penalised as a result and finally if working in a essential service be rewarded appropriately, as was the case in years gone by.

Personally, I believe Christmas as a "A day of religious celebration for the birth of Christ" has been deliberately and knowingly, virtually destroyed by the last government, because the concept is "Non inclusive" and possibly, "Offensive to religions other than Christians." This present bunch of spineless arseholes will also do nothing, because like NL nothing must ever get in the way of commerce!

Fuck PROFIT give us back our Christmas and Boxing Day!TORCH DFS!!cigar! TORCH TESCOS! !cigar!

Nothing wrong with opening a shop or delivering products someone wants & if it gives someone a job or some overtime then great actually