I read that it was Covid 450 AD that brought down the Roman empire.
Well done France
- Thread starter JohnD
- Start date
Sponsored Links
D
durhamplumber
Where,Viz,Sunday Sport?....Is that Lancaster bomber still on the moon???
No, i think Donald Trump said it.
Sponsored Links
hardly
brexit is a conspiracy -its common knowledge and well documented
its quite simple -Tories have spent decades blaming the EU and immigrants for Tory failure.
why do you think so many Northern voters, wanted brexit because they are fed of years and years of the decline of the industrial North......problem is, that was caused by govt policy not Brexit -brexit will only make it worse
Before the pandemic when climate change was the big issue, so called historians warn that climate change caused the fall of the Roman empire.
When its immigration that people are concerned about, more "experts" come along to warn that immigrants bring down empires.
Now that Covid 19 has arrived i have been reading how disease brought down the Roman empire.
When HIV Aids arrived there were claims that homosexuality brought down the Greek empire and civilisation along with it.
WTF is this obsession with empires, Britain doesn't have an empire anymore.
When its immigration that people are concerned about, more "experts" come along to warn that immigrants bring down empires.
Now that Covid 19 has arrived i have been reading how disease brought down the Roman empire.
When HIV Aids arrived there were claims that homosexuality brought down the Greek empire and civilisation along with it.
WTF is this obsession with empires, Britain doesn't have an empire anymore.
Ah, so the biggest trading bloc isn't so powerful?
So what were quitters worried about?
I guess you'll be also telling us that a small nation out on it's own will be able to dictate all the terms of any deals in future years
Ah, so the biggest trading bloc isn't so powerful?
So what were quitters worried about?
I guess you'll be also telling us that a small nation out on it's own will be able to dictate all the terms of any deals in future years
Like the north Koreans have been trying to do?
Populism is a Global phenomenon even in underdeveloped countries.
I was reading about Zimbabwe and a populist politician called Mutodi, he called the Chinese "Dog eaters" on twitter and refused to apologise when challenged about it.
Instead of damaging his career it has made him more popular among Zimbabweans.
The same morons think we are still at war with Germany. D.M readers, brexers, Trump fans, BHS - all the same stamp.
Still at war with Germany
Blimey are there people who still think that
Mind u there were cases of Japanese solders
In remote isolated jungle locations who were not aware of Japan's surrender in WW2
And still thought the war was going on
years after it ended
That's true to some extent. There is an age group that know it's happened. There is also an older one that knows it's not that simple. It started with lack of investment in a lot of industries. At one point British Steel lent money instead as profits were higher. Then asset stripping. An odd example of that is the equivalent of BAe buying up Vickers for some of it's work and then bulldozing the factory. The other type simply bought companies up and sold bits of it loosing the rest. All sorts was going on. Having had a cosy life for years just selling into the UK many weren't up to competing with imports. This sums some it up
Easiest answer to that graph is to ignore trade deficits. The USA has been doing that as well with the same effects.
Simple view of that agreement
https://www.thebalance.com/bretton-woods-system-and-1944-agreement-3306133
The money market used to have raids on the various currencies and gov's bought to keep the price stable. The promise to pay the bearer etc on a GBP no longer meant what it did.
Then removal of exchange controls
https://en.wikipedia.org/wiki/Exchange_Controls_in_the_United_Kingdom
https://www.bankofengland.co.uk/-/m...7/the-uk-exchange-control-a-short-history.pdf
Really it all comes down to lack of investment and labour rates and in some respects inability to compete for various reasons. Eg Steel, the uk hasn't got much in the line of iron ore. Companies were sized to suite their domestic markets. Say one grew and sold significantly into a larger market they would probably be bought up. They may be anyway.
Globalisation sums it up in some respects. A benefit of it is seen as improved living standards where the "work" is done but that puts up prices eventually but also creates another market where things can be sold and the work that allowed that may start going elsewhere. It is in some areas.
The other problem is that in most cases manufacture needs a lot less labour. No point in lots of dockers unloading ships manually when most arrives in containers. Build big ships - depends on the size of the facility and labour rated and local costs of materials.
Might give people some idea of the reasoning behind the EU and the Euro and why Trump was elected. The USA's trade deficit has been running at around $5 trillion. The EUhttps://tradingeconomics.com/european-union/balance-of-trade
Forgot to add everybody wants to sell into the USA. EU, China and etc. UK too but what?
Last edited:
"balance of trade in goods" you say.
UK's financial services sector brings in more foreign money than the entire manufacturing industry added together.
We have however decided to leave the world's finest single market so that in future we can compete with one hand tied behind our back.
UK's financial services sector brings in more foreign money than the entire manufacturing industry added together.
We have however decided to leave the world's finest single market so that in future we can compete with one hand tied behind our back.
D
durhamplumber
In your head
Sponsored Links
