You don't mention access to cheap labour, a result of globalisation and the driving force to lower wages. We were a service sector based economy long before the wage stagnation we've seen.
We do world class recessions
- Thread starter SirGalahad
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You don't mention access to cheap labour, a result of globalisation and the driving force to lower wages. We were a service sector based economy long before the wage stagnation we've seen.
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Yes that may well be the case, however the Canadians managed to successfully carry out austerity (if my research is correct)
My point is that it likely needed to happen, and the fact that the whole of Europe, the USA and Japan thought so too all with varying degrees of success or failure, there was clearly and evidently a lot of financial big wig advisers also thought it was the best cause of action to curb the spending habits of which could not continue at the rate they were.
Im not pretending to be an expert and it is just my view.
I certainly understand more than we'll just print more money and that will alleviate all our problems with no negative outcome at all
Open for a handful of kids whose parents are key workers.
Nothing to do with social democracy.
Norway's economy is fueled by oil and gas exports which not only makes it extremely efficient and stable, but also helps it to be one of the richest countries for many many more years to come.
It also has extremely low unemployment rates as compared to other countries in the world.
And has a stable and low population density.
35 people per sq mile. So more wealth to share around.
Compared with 1350 per sq mile in the UK.
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D
dontbelieveawordofit
hardly handfuls. my daughter in law is a teaching assistant and covered it. I haven’t heard of one teacher hospital staff or child that got covid through it.
And counting..............
Dumb libertards helping multinationals by packing in as many as possible.
Plenty of them around.
They want the foreigners to wipe their arzes when they get old.
Sedentary lives and modern medicine keeping them in a zombie state leaves them vulnerable....no doubt..
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Last week in June here.
Vulnerable people excepted.
Then summer holiday from 7th July.
What you has posted above is because the aforementioned are white northern European protestent.
I am not saying this for racist reasons, it is just a fact of life.
And occupied by those teachers you despise and accused of winging it.
Poor old Tory bot, filly.
What do you think of the Tories' schools re-opening plan?
Not bothered tbh
Like every other "return to normal " plan ; a pizz in the wind.
At some point, the penny might drop : the human conceit that "we know everything ; we control everything" is being truly shown up by a combination of greed, denial, and a piddly little sac of RNA.
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The original forecast for GDP was a tad "cut short", it would be a much better measure to look to the future, next year maybe? The first good news is that U.K unemployment is one of the least hard hit of the 36 OECD countries and looking further forward th GDP forecast is the best out of all 36. I'll admit Boris screwed up on Apps and track and trace but i think The Guardian have selected the OECD figures with timelines to suit their narrative rather than give a more honest picture...
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Rubbish
Noway (unlike the UK) chose to run it's economy regardless of it's oil wealth, and thus has accumulated one of the the world's largest sovereign wealth funds.
The UK of course went off (in the time honoured fashion) and decided to reward the richest in society and sell off it's national assets!
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