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Pindar

Italy Has Something To Show For Its Deficit

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French, German and UK bank loans seem to have been put to good use in Italy, which has built its infrastructure and thereby made itself more able to generate wealth in the future. What does the UK have, apart from massive deficits, high house prices and a shrinking economy?

http://news.bbc.co.uk/2/hi/world/europe/10160333.stm

It looks like the state controlled train operators have also been fleshing out the railroads

http://news.bbc.co.uk/2/hi/europe/8028343.stm

How long before the UK realises that its wealth generating capacity and building an environment that fuels economic and social progress that counts, not ever increasing asset prices.

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French, German and UK bank loans seem to have been put to good use in Italy, which has built its infrastructure and thereby made itself more able to generate wealth in the future. What does the UK have, apart from massive deficits, high house prices and a shrinking economy?

http://news.bbc.co.uk/2/hi/world/europe/10160333.stm

It looks like the state controlled train operators have also been fleshing out the railroads

http://news.bbc.co.uk/2/hi/europe/8028343.stm

How long before the UK realises that its wealth generating capacity and building an environment that fuels economic and social progress that counts, not ever increasing asset prices.

.........never, the zealous belief in high asset prices will drive this country into oblivion.

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French, German and UK bank loans seem to have been put to good use in Italy, which has built its infrastructure and thereby made itself more able to generate wealth in the future. What does the UK have, apart from massive deficits, high house prices and a shrinking economy?

http://news.bbc.co.u...pe/10160333.stm

It looks like the state controlled train operators have also been fleshing out the railroads

http://news.bbc.co.u...ope/8028343.stm

How long before the UK realises that its wealth generating capacity and building an environment that fuels economic and social progress that counts, not ever increasing asset prices.

shame the Italian railways make it awkward for adjoining networks to link up.

http://www.seat61.com/Italy.htm#Rome

whilst this page shows how to get there, if you read the news pages of the website, you can see examples of the inefficency endemic in the Italian rail beaurocracy.

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shame the Italian railways make it awkward for adjoining networks to link up.

http://www.seat61.com/Italy.htm#Rome

whilst this page shows how to get there, if you read the news pages of the website, you can see examples of the inefficency endemic in the Italian rail beaurocracy.

I've used the Italian railways a few times when visiting on business.

They are clean, modern, punctual and best of all cheap compared to their British equivalents. Most of the signage is dual language (Italian/English) and they are fairly easy to navigate.

Oh, and work is underway on a direct non-stop high speed line between Lyon and Turin connecting the French & Italian railways. The Brenner Base Tunnel will link Verona, Innsbruck, and Munich connecting the Italian, Austrian and German railways.

http://en.wikipedia.org/wiki/High-speed_rail_in_Italy

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  • 153 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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