MartyMart
Well-known member
I've been reading how the UK will be hit quite hard during the "recession" -
which isn't news to me, I was aware of that problem almost 18 months ago !
The reason being that the UK's "wealth" or lack of it - is based these days on
the money market / investments and being a player with our precious
"British pound" in the world.
We stopped "making things" over the last 20 years that provide us with cash
from exports :
No car industry to speak of
No more shipping industry
No more steel industry
No more coal industry
We don't have enough oil/gas to use for ourself, never mind to export !!
( we rely on those huge pipelines from Russia which I find quite scary )
OK we have always had a good income from sucessful UK Rock/Pop bands and
we sell a few nice Jams and HP Source, but this is not enough to keep us going.
With the financial mess that the world is in, it looks like some very tough times
for the UK.
Who the heck thought that "not making anything that we can export" was a good
idea ????
:roll: :roll:
MM.
which isn't news to me, I was aware of that problem almost 18 months ago !
The reason being that the UK's "wealth" or lack of it - is based these days on
the money market / investments and being a player with our precious
"British pound" in the world.
We stopped "making things" over the last 20 years that provide us with cash
from exports :
No car industry to speak of
No more shipping industry
No more steel industry
No more coal industry
We don't have enough oil/gas to use for ourself, never mind to export !!
( we rely on those huge pipelines from Russia which I find quite scary )
OK we have always had a good income from sucessful UK Rock/Pop bands and
we sell a few nice Jams and HP Source, but this is not enough to keep us going.
With the financial mess that the world is in, it looks like some very tough times
for the UK.
Who the heck thought that "not making anything that we can export" was a good
idea ????
:roll: :roll:
MM.