Thursday, January 22, 2009

Optimism from the Independent

Jeremy Warner: It's grim but is the UK really "finished"?

While Jim Rogers talks his loud American talk, Jeremy Warner is more sensible

Posted by letthemfall @ 12:01 PM (1687 views)
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6 thoughts on “Optimism from the Independent

  • I think he’s dead right. Our Banks have massively failed us and our Government has let them do it. Tont Blair receives over £500K per year on the board of directors for one of the banks. How can any politician act fairly with the Golden Ticket being waived under his nose.
    We all thought that we lived in a democracy. Don’t you believe it.

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  • We contest the view that deregulation of capital flows – the very core of the globalisation project – was brought about by a form of “spontaneous combustion” caused by new technology. Nor do we share the view of many activists that globalisation is “corporate-driven”.

    Instead, we argue, globalisation was triggered by elected politicians, and central bankers, in both the US and the UK.

    http://www.jubileeresearch.org/worldnews/europe/opendemocracy010903.htm

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  • inflation is eating my savings says:

    Will- I think a better solution would be to give the retiring MPs a generous but specified renumeration formula, which can be applied after they retire. They should not be allowed to acquire any new shares or any other sources of income. Pay them well, but prevent the possibility of an argument that their judgement may have been compromised. Blair was only a mouthpiece anyway.

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  • Two quotes from this article sum it up for me:-

    “Mr Rogers advises everyone to get out while they still can, and to head for the growth economies of the developing world.

    Never mind that for the great bulk of the populations of these fast growing economies, life is still much more of a struggle than it is ever likely to be here.”
    (Puts things into perspective)

    “Advantages of language and time-zone continue to make Britain a uniquely attractive place for international business.”
    (This is fate)

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  • Head for growth economies of the developing world? What growth economies? Frankly for years I have been saying that we are living in a
    multi bubble world with 3 great megabubbles: the (worldwide) property bubble, the commodities bubble (and its sibling, the “emerging markets” bubble) and the mother of all bubbles: the china-india bubble.

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  • well I have to say that overall Jeremy Warner makes good reading. 80% of the time I agree with what he has to say and he’s one of the mains reasons I buy the independent. Shame it thinner than a kate moss super waif these days…

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