Jump to content
House Price Crash Forum
Sign in to follow this  
Wayo

The Miracle Is Revealed.....

Recommended Posts

Guest mattsta1964

"The US dominates in technology, Germany makes millions of cars, Japan still makes consumer electronics. Britain produces buy-to-let landlords."

http://money.guardian.co.uk/weekly/story/0,,1858221,00.html

LOL!

Yes! I like the first paragraph!

The UK! We designed Concorde with a slide rule, built bridges and ships, had a huge motor industry

Now we have Big Brother and BTL!

3rd world status, here we come!

Share this post


Link to post
Share on other sites

It is easy to knock the UK, but look around.

We have designer Blondes from Eastern Europe cleaning our bogs, and attending to our bodily functions for less than a box of matches. We should stop beating ourselves up and celebrate the fact that our Dole and benefits money now goes much further than it used to a decade ago.

Share this post


Link to post
Share on other sites
We have designer Blondes from Eastern Europe cleaning our bogs, and attending to our bodily functions for less than a box of matches. We should stop beating ourselves up and celebrate the fact that our Dole and benefits money now goes much further than it used to a decade ago.

... and all it cost was the accumulated savings since the great war, and a lein on our grandchildren's future!

Bargain.

Share this post


Link to post
Share on other sites

Look at the money we are now saving as Teenagers turn away from University just because they might have to pay a miserly 40k for it.

Look at any failed takeover by Socialists/Communists of a nation and it was always the educated ones from universities who stopped them in their tracks and raised Global condemnation of the Governments actions. I think we all can remember the Students across the world going out on the streets and protesting about tyrannical regimes, well we can all sit back and relax now as the students we do have are far to busy working to pay their fees, to be protesting about trivial things like world domination by the US, illegal wars, and Socialist Dictatorships in the UK.

Share this post


Link to post
Share on other sites
Guest mattsta1964

Look at the money we are now saving as Teenagers turn away from University just because they might have to pay a miserly 40k for it.

Look at any failed takeover by Socialists/Communists of a nation and it was always the educated ones from universities who stopped them in their tracks and raised Global condemnation of the Governments actions. I think we all can remember the Students across the world going out on the streets and protesting about tyrannical regimes, well we can all sit back and relax now as the students we do have are far to busy working to pay their fees, to be protesting about trivial things like world domination by the US, illegal wars, and Socialist Dictatorships in the UK.

I wonder if the youngsters will rebel if the system collapses and they see their future so threatened. I have a horrible feeling, they are so poorly educated, they can't see their terrible future. No wonder they are handing out the Stalinist A* qualifications so readily. Just like the communists in Russia congratulating the workers for meeting their quota for tractor productiion. Tractors which break down before they've left the factory gates.

Share this post


Link to post
Share on other sites
In modern Britain, it seems, putting up the rent is somehow regarded as economic growth. The US dominates in technology, Germany makes millions of cars, Japan still makes consumer electronics. Britain produces buy-to-let landlords. How our competitors must envy our economic success.

I have been saying that Gordon's miracle has consisted of HPI-MEW. I thought I was being just a little bit sarcastic and probably should have added in BTL as the other item which has made up our miracle economy. It is interesting that the Guardian have now exposed the Miracle Economy for what it really is. Gordon is little more than a wizard of OZ hiding behind HPI-MEW-BTL as the sheeple worship him as the great iron chancellor about to ascend to the premiership.

What a sham! What an absolute con the sheeple have fallen for. If it wasn't so tragic I would be laughing like a parrot.

Gordon must stand as the most overrated Chancellor the world has yet seen. His "success" is worth nothing and all he has done if followed Big Al down the borrrow and spend path. No wonder he has resisted putting up IR because it willl kill the only thing he has done for this country: HPI-MEW and BTL.

When the bubble pops there will be NOTHING left in this country. Its all been squandered and hiring millions of civil servants to do phantom jobs is going to last but a few more years and then we shall take our rightful place as the poor man of Europe.

Miracle Economy?

:angry:

Edited by Realistbear

Share this post


Link to post
Share on other sites

When I wonder round and see all these people squandering their money on so called designer crap, and expensive cars, I've been telling myself it must be more than just BTL and MEW, there must be some really talented business people, designers etc out there, but this article exposes the truth, and this BTL success has been based not on rents but on HPI as Capital gain is how most of them have made serious money. It really is scary how dire our future is, the fallout is going to effect all of us, if only they'd not cut rates in 2001, then we would have a natural downturn and the economy would have slowed for a few years, and would now be ready to improve, instead I fear a decade of depression.

Share this post


Link to post
Share on other sites

LOL!

Yes! I like the first paragraph!

The UK! We designed Concorde with a slide rule, built bridges and ships, had a huge motor industry

Now we have Big Brother and BTL!

3rd world status, here we come!

And John Prescott!

Share this post


Link to post
Share on other sites
In modern Britain, it seems, putting up the rent is somehow regarded as economic growth. The US dominates in technology, Germany makes millions of cars, Japan still makes consumer electronics. Britain produces buy-to-let landlords. How our competitors must envy our economic success.

I have been saying that Gordon's miracle has consisted of HPI-MEW. I thought I was being just a little bit sarcastic and probably should have added in BTL as the other item which has made up our miracle economy. It is interesting that the Guardian have now exposed the Miracle Economy for what it really is. Gordon is little more than a wizard of OZ hiding behind HPI-MEW-BTL as the sheeple worship him as the great iron chancellor about to ascend to the premiership.

What a sham! What an absolute con the sheeple have fallen for. If it wasn't so tragic I would be laughing like a parrot.

Gordon must stand as the most overrated Chancellor the world has yet seen. His "success" is worth nothing and all he has done if followed Big Al down the borrrow and spend path. No wonder he has resisted putting up IR because it willl kill the only thing he has done for this country: HPI-MEW and BTL.

When the bubble pops there will be NOTHING left in this country. Its all been squandered and hiring millions of civil servants to do phantom jobs is going to last but a few more years and then we shall take our rightful place as the poor man of Europe.

Miracle Economy?

:angry:

There are more and more economists prepared to agree that the economic miracle has been generated from an inflated housing market and wasted government spending i.e we have borrowed from the future to generate illusory growth. Once the asset bubble bursts and we are overwhelemd by debt themiracle will disappear and we will be paying for the excesses for the next 10 years (or more).

Share this post


Link to post
Share on other sites
[ ... ] this BTL success has been based not on rents but on HPI as Capital gain is how most of them have made serious money. It really is scary how dire our future is [ ... ]

And the amusing thing is that if price bubbles are the economic equivalent of the deep blue sea, rents (of whatever kind) are the Devil incarnate - and with truly delicious, hubristic, and ultimately fatal irony - our Miracle Chancellor now finds himself caught betwixt, in person, in office, and on official record.

Representative democracy at its finest; a full generation of voters re-electing the soft-shoe-shuffling, platitude mouthing students (and teachers) of lies and deceit; a true testament to the collective unwillingness to name and confront individual moral vacuosity where found, and afford it no tolerance.

Share this post


Link to post
Share on other sites
Guest wrongmove

I wonder if the youngsters will rebel if the system collapses and they see their future so threatened. I have a horrible feeling, they are so poorly educated, they can't see their terrible future. No wonder they are handing out the Stalinist A* qualifications so readily. Just like the communists in Russia congratulating the workers for meeting their quota for tractor productiion. Tractors which break down before they've left the factory gates.

Some youngsters might, but I think that many are "people of the world" today. They will simply go where they can best apply their skills.

History seems to show that those with "Get up and go" will simply get up and go.

Edited by wrongmove

Share this post


Link to post
Share on other sites

And the amusing thing is that if price bubbles are the economic equivalent of the deep blue sea, rents (of whatever kind) are the Devil incarnate - and with truly delicious, hubristic, and ultimately fatal irony - our Miracle Chancellor now finds himself caught betwixt, in person, in office, and on official record.

Representative democracy at its finest; a full generation of voters re-electing the soft-shoe-shuffling, platitude mouthing students (and teachers) of lies and deceit; a true testament to the collective unwillingness to name and confront individual moral vacuosity where found, and afford it no tolerance.

Hurrah! I'd follow you as if you were Lawrence of Arabia!

Share this post


Link to post
Share on other sites

Classic - the games up, the media are starting to line up and expose the awful truth behind our so-called 'growth'. To believe that a nation can become richer without having a serious manufacturing capability is complete folly - seems that wealth creation really does'nt come out of thin air. :rolleyes:

it's not the manufacturing capability we need most,it's the innovation and engineering.

UK needs "ideas" people to keep a competitive edge.What we have now is a serious dearth of people in this field,because it involves hard work and you don't get brownie points for matters of opinion.It either succeeds or fails,there is no shades of grey in the middle.

the manufacturing side will bounce back here as a result of spiralling energy costs...meaning it will not be as cost effective to ship from china.Or perhaps revolutionary products we wouldn't dare let china make because their record on corporate piracy is abysmal.I think the latter is pretty unlikely as we have a nation of media-studies muppets.

pity really,anyone who has got to grips with history knows that world domination is achieved through technical superiority.....the egyptians,the greeks,the romans,victorian britain,the germans(almost)....the yanks(mostly ideas pinched from the hitler program as war reparations)

HG wells realised this,that's how he came to write war of the worlds.

Edited by oracle

Share this post


Link to post
Share on other sites

We have far too many managers and pen pushers in this country and not enough people who actually make something. The fact that subjects like management and media studies are more popular than engineering, chemistry etc. in our universities says it all.

Our trade deficit in goods is unsustainable in the long run, service exports are real and useful, but they're never going to be enough on their own to make up the shortfall.

Edited by atp_uk

Share this post


Link to post
Share on other sites
Guest mattsta1964

it's not the manufacturing capability we need most,it's the innovation and engineering.

UK needs "ideas" people to keep a competitive edge.What we have now is a serious dearth of people in this field,because it involves hard work and you don't get brownie points for matters of opinion.It either succeeds or fails,there is no shades of grey in the middle.

the manufacturing side will bounce back here as a result of spiralling energy costs...meaning it will not be as cost effective to ship from china.Or perhaps revolutionary products we wouldn't dare let china make because their record on corporate piracy is abysmal.I think the latter is pretty unlikely as we have a nation of media-studies muppets.

pity really,anyone who has got to grips with history knows that world domination is achieved through technical superiority.....the egyptians,the greeks,the romans,victorian britain,the germans(almost)....the yanks(mostly ideas pinched from the hitler program as war reparations)

HG wells realised this,that's how he came to write war of the worlds.

I work for a famous engine manufacturer, now US owned. It's a total bloody shambles. 2/3's of the engineering staff are contractors. Some of them are very good, some not so good. The full time staff are total dead wood. Bloody useless. On paper, it made a profit for the first time since it was bought out a few years ago but I reckon they fiddled the figures to show that profit. I can't believe such an inefficient company can be making money. I think it is pretty well impossible to turn an honest profit in UK manufacturing now.

Share this post


Link to post
Share on other sites

Why would anyone bother going to all the trouble of sitting in a drawing office thinking up ideas, only to watch the company they work for offshore the work? and then lay them off!!!.

Sorry, the UK is f£cked up, nobody is going to bother to try to day anything, company loyalty has dissapeared and rightly so, wages are downward, the smart money is on holding out ones hand and doing cash jobs on the side.

Stuff working for a living, thats for mugs and imported cheap workers.

Share this post


Link to post
Share on other sites
the manufacturing side will bounce back here as a result of spiralling energy costs...meaning it will not be as cost effective to ship from china.

Even with oil prices increased dramatically, shipping is extremely energy-efficient: there's no way the cost of shipping the average product from China to Britain will compensate for a 20x difference in wages, even before you consider the extremely expensive regulations on manufacturers in this country.

Sure, on the margin it might affect some items with low labour costs and high transport costs (not that I can think of any), but the majority will just increase in price to compensate.

Share this post


Link to post
Share on other sites
Guest mattsta1964

Why would anyone bother going to all the trouble of sitting in a drawing office thinking up ideas, only to watch the company they work for offshore the work? and then lay them off!!!.

Sorry, the UK is f£cked up, nobody is going to bother to try to day anything, company loyalty has dissapeared and rightly so, wages are downward, the smart money is on holding out ones hand and doing cash jobs on the side.

Stuff working for a living, thats for mugs and imported cheap workers.

Yup! Get on Big Brother instead or become famous for being a worthless fekkwit

Who was the fat ugly slapper who didn't win BB but got lots of publicity?

There u go. The future of UK PLC! Tragic

Share this post


Link to post
Share on other sites

Given that most people are well aware there is a problem, and are keen for it to change, but continue to support the Labour Party and cite the problems as nothing to do with the Government then I'm afraid it comes as no suprise 95% of the population are veiwing Big Brother, texting their votes, and voting for the UK and European Socialist Party Akka New Labour

Share this post


Link to post
Share on other sites

Engineering and manufacturing revival - NO CHANCE.

Too much has already gone, what is left (and any new ventures) are left scrabbling for funds from the last remaining large pool of funds - the stockmarket. That is now becoming more a hedge fund playground than an investment market - the real damage been done to the market is immense (but not yet visibly seen in its true scale). There will be no cost advantage to set up in the UK, little skilled workforce left and a paultry source of funds. The end game has been playing out over the last 5 years.

Oh and when the real shenigans of the hedge fund industry are revealed you can wave London's premier investment status goodbye also.

Edited by OnlyMe

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.