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Failure Of Post 1980 Britain

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Electric generation in Billion kilowatthours. Electric generation is a good estimate of the real industrial production going on. Every nation that has a powerfully growing economy, has powerfully growing electric generation. On an abstract level energy is work. The national output is the combined work of the nation. Which today is mainly driven by machinery not human effort.

In the USA the constant electric use is about 1.1 kilowatt per man, woman and child. In comparison a healthy adult man can sustain about 100 watts of output for 16 hours per day. It works out that just the electric production is the energy equivalent of having 16 servants devoting 100% of their life energy to each American.

So look at two nations in comparison, Britain and France.

Britain 1980: 264.918

1990: 298.307

2000: 352.390

2008: 362.903 (lost decade?)

France 1980: 250.518 (about equal to the UK)

1990: 396.166 (huge nuclear build coming online)

2000: 509.893

2008: 540.259

So what is the end result of this divergence in work output between the two nations? French workers put in about 20% less hours a year than Brits. A full day off extra every week essentially. While coming out with a per capita GDP that is 15% larger.

In the 30 years from 1980 Britain increased electrical generation by 37%. While France increased theirs by 116%.

Ok its a tough comparison with France, who has been one of the biggest growth in electricity in Europe. But still France was quite similiar in 1980 to Britain by most measures. Like struggling car industry, struggling monolithic industrial corporations, large scale government intervention in the economy, national health system etc..

Edited by aa3

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Yet according to the UN's economic stats per capita GDP has increased 2.2% since 1980 in the UK and only 1.5% in France.

The vast growth of financial services has accounted for this. It must have seemed like the economic version of a perpetual motion machine to the likes of Brown and his predecessors. I wonder how well we will compare over the next 30 years.

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Electric generation in Billion kilowatthours. Electric generation is a good estimate of the real industrial production going on. Every nation that has a powerfully growing economy, has powerfully growing electric generation. On an abstract level energy is work. The national output is the combined work of the nation. Which today is mainly driven by machinery not human effort.

In the USA the constant electric use is about 1.1 kilowatt per man, woman and child. In comparison a healthy adult man can sustain about 100 watts of output for 16 hours per day. It works out that just the electric production is the energy equivalent of having 16 servants devoting 100% of their life energy to each American.

So look at two nations in comparison, Britain and France.

Britain 1980: 264.918

1990: 298.307

2000: 352.390

2008: 362.903 (lost decade?)

France 1980: 250.518 (about equal to the UK)

1990: 396.166 (huge nuclear build coming online)

2000: 509.893

2008: 540.259

So what is the end result of this divergence in work output between the two nations? French workers put in about 20% less hours a year than Brits. A full day off extra every week essentially. While coming out with a per capita GDP that is 15% larger.

In the 30 years from 1980 Britain increased electrical generation by 37%. While France increased theirs by 116%.

Ok its a tough comparison with France, who has been one of the biggest growth in electricity in Europe. But still France was quite similiar in 1980 to Britain by most measures. Like struggling car industry, struggling monolithic industrial corporations, large scale government intervention in the economy, national health system etc..

French workers put in about 20% less hours a year than Brits. A full day off extra every week essentially. While coming out with a per capita GDP that is 15% larger.

UK=work harder not smarter. Save the pound.

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Electric generation in Billion kilowatthours. Electric generation is a good estimate of the real industrial production going on. Every nation that has a powerfully growing economy, has powerfully growing electric generation. On an abstract level energy is work. The national output is the combined work of the nation. Which today is mainly driven by machinery not human effort.

So look at two nations in comparison, Britain and France.

Britain 1980: 264.918

1990: 298.307

2000: 352.390

2008: 362.903 (lost decade?

France 1980: 250.518 (about equal to the UK)

1990: 396.166 (huge nuclear build coming online)

2000: 509.893

2008: 540.259

According to the CIA, France exported 58.69 billion kWh of electrictiy in 2008, while the UK exported 1.272 billion kWh. From the same source, France's consumption in 2007 was 447.2 billion kWh, while the UK's was 345.8 billion kWh.

So although the difference in generation is 177.356 billion kWh (2008), the difference in consumption is 101.4 bilion kWh. Still striking, but we shoudn't forget exports.

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Electric generation in Billion kilowatthours. Electric generation is a good estimate of the real industrial production going on. Every nation that has a powerfully growing economy, has powerfully growing electric generation. On an abstract level energy is work. The national output is the combined work of the nation. Which today is mainly driven by machinery not human effort.

In the USA the constant electric use is about 1.1 kilowatt per man, woman and child. In comparison a healthy adult man can sustain about 100 watts of output for 16 hours per day. It works out that just the electric production is the energy equivalent of having 16 servants devoting 100% of their life energy to each American.

So look at two nations in comparison, Britain and France.

Britain 1980: 264.918

1990: 298.307

2000: 352.390

2008: 362.903 (lost decade?)

France 1980: 250.518 (about equal to the UK)

1990: 396.166 (huge nuclear build coming online)

2000: 509.893

2008: 540.259

So what is the end result of this divergence in work output between the two nations? French workers put in about 20% less hours a year than Brits. A full day off extra every week essentially. While coming out with a per capita GDP that is 15% larger.

In the 30 years from 1980 Britain increased electrical generation by 37%. While France increased theirs by 116%.

Ok its a tough comparison with France, who has been one of the biggest growth in electricity in Europe. But still France was quite similiar in 1980 to Britain by most measures. Like struggling car industry, struggling monolithic industrial corporations, large scale government intervention in the economy, national health system etc..

This is far too simplistic an analysis. Haven't you heard of "Air conditioning?" It's popular in countries with a warm climate, it's usage has been growing rapidly in the last couple of decades and it uses an awful lot of electricity. Btw, not many people believe this but Britain's manufacturing sector is pretty much the same size as France's, by value. It's just that France make a lot more cars than the UK, so all the armchair economists look out of their living room window and see Renault's and Peugeots and conclude that France is winning some sort of imaginary industrial war over the UK.

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Electric generation in Billion kilowatthours. Electric generation is a good estimate of the real industrial production going on. Every nation that has a powerfully growing economy, has powerfully growing electric generation. On an abstract level energy is work. The national output is the combined work of the nation. Which today is mainly driven by machinery not human effort.

In the USA the constant electric use is about 1.1 kilowatt per man, woman and child. In comparison a healthy adult man can sustain about 100 watts of output for 16 hours per day. It works out that just the electric production is the energy equivalent of having 16 servants devoting 100% of their life energy to each American.

So look at two nations in comparison, Britain and France.

Britain 1980: 264.918

1990: 298.307

2000: 352.390

2008: 362.903 (lost decade?)

France 1980: 250.518 (about equal to the UK)

1990: 396.166 (huge nuclear build coming online)

2000: 509.893

2008: 540.259

So what is the end result of this divergence in work output between the two nations? French workers put in about 20% less hours a year than Brits. A full day off extra every week essentially. While coming out with a per capita GDP that is 15% larger.

In the 30 years from 1980 Britain increased electrical generation by 37%. While France increased theirs by 116%.

Ok its a tough comparison with France, who has been one of the biggest growth in electricity in Europe. But still France was quite similiar in 1980 to Britain by most measures. Like struggling car industry, struggling monolithic industrial corporations, large scale government intervention in the economy, national health system etc..

Yes they talk a good fight but let somone else do the fighting,unshameful schemers. THE EU DID US NO FAVOURS.

Euro implosion French explosion.

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According to the CIA, France exported 58.69 billion kWh of electrictiy in 2008, while the UK exported 1.272 billion kWh. From the same source, France's consumption in 2007 was 447.2 billion kWh, while the UK's was 345.8 billion kWh.

So although the difference in generation is 177.356 billion kWh (2008), the difference in consumption is 101.4 bilion kWh. Still striking, but we shoudn't forget exports.

Good point. I forgot France is one of the few nations in the world where electric exports is actually a significant part of total generation.

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Electric generation in Billion kilowatthours. Electric generation is a good estimate of the real industrial production going on. Every nation that has a powerfully growing economy, has powerfully growing electric generation. On an abstract level energy is work. The national output is the combined work of the nation. Which today is mainly driven by machinery not human effort.

In the USA the constant electric use is about 1.1 kilowatt per man, woman and child. In comparison a healthy adult man can sustain about 100 watts of output for 16 hours per day. It works out that just the electric production is the energy equivalent of having 16 servants devoting 100% of their life energy to each American.

So look at two nations in comparison, Britain and France.

Britain 1980: 264.918

1990: 298.307

2000: 352.390

2008: 362.903 (lost decade?)

France 1980: 250.518 (about equal to the UK)

1990: 396.166 (huge nuclear build coming online)

2000: 509.893

2008: 540.259

So what is the end result of this divergence in work output between the two nations? French workers put in about 20% less hours a year than Brits. A full day off extra every week essentially. While coming out with a per capita GDP that is 15% larger.

In the 30 years from 1980 Britain increased electrical generation by 37%. While France increased theirs by 116%.

Ok its a tough comparison with France, who has been one of the biggest growth in electricity in Europe. But still France was quite similiar in 1980 to Britain by most measures. Like struggling car industry, struggling monolithic industrial corporations, large scale government intervention in the economy, national health system etc..

I think France is a big electricity exporter so perhaps the comparison is misleading.

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I think France is a big electricity exporter so perhaps the comparison is misleading.

Indeed, and UK is a electricity importer so total usage is higher (we just buy electricity from others after well sell them some CDS, CDO, MBS, TRS.....)

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Good point. I forgot France is one of the few nations in the world where electric exports is actually a significant part of total generation.

Its the French electricity exports to the UK that prevent our lights going out in mid-winter. B)

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French workers put in about 20% less hours a year than Brits. A full day off extra every week essentially. While coming out with a per capita GDP that is 15% larger.

UK=work harder not smarter. Save the pound.

One comparison I heard was people working late on Friday night in British offices.. versus the French taking off at noon on Friday.

Like most of the jobs in our economy its near irrelevant how hard people work. Look at car sales, every month regardless of how hard car salesmen work the country will sell xxx,xxx cars that month. More car salesmen, putting in more hours, pushing sales harder, more management coaching doesn't change the overall number.

So the French car salesman takes off for the weekend. Guess what if you want to buy the new car you can see him on Monday. End result in both countries 1 new car sold. But in one country the salesman is putting in a stressful 50 hour week, and in the other maybe a 35 hour week.

Edited by aa3

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Be interesting to see if the Asian Tiger's electric growth keeps going from 1980. So far it is still on course, with a lot of capacity under construction and planned. Look at South Korea..In billion kilowatthours. If they stay on pace it will be a new order of wealth in the world.

South Korea 1980: 34.472

1990: 98.124

2000: 248.632

2008: 415.939 (1200% increase since 1980)

Per capita 2008: 8,521 kwh

UK 1980: 264.918

1990: 298.307

2000: 352.390

2008: 362.903

Per capita 2008: 5,838 kwh.

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I have always been impressed with the South Korean growth model. I find them to be aggressive but good suppliers and the infrastructure development was always dramatic whenever I have been there. Whilst Japan aimed at the top level Korea has always aimed at emerging markets and many of its products are far more cost completive than Japans and are only marginally more expensive than Chinese. There imports from oz of mineral resources are also increasing.

That strategy of targeting the emerging market is really paying off now. Tens and tens of millions of new consumers come online every year across the developing world who can buy more basic versions of things like cell phones and soon cars.

One thing the Japanese need to do is consolidate. Korea seems more focused like a few super strong companies.

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  • 140 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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