- Joined
- 16 Sep 2021
- Messages
- 2,884
- Reaction score
- 30
- Country
Daily Dose of Uk Banana Republic Contracts
- Thread starter SirGalahad
- Start date
Sponsored Links
- Joined
- 22 Aug 2006
- Messages
- 5,373
- Reaction score
- 603
- Country
Not exactly a table : https://www.cia.gov/the-world-factbook/field/budget-surplus-or-deficit/
I noted it swaps positions of France and UK.
I noted it swaps positions of France and UK.
Sponsored Links
Japan grew economically from nothing. Firstly they had a very stable home market. Hard to avoid needing that. Then comes gov wish to do it and banks prepared to put money in as needs grow. Some different ideas as well at times. Just in time came about due to lack of space. It means a maker only holds just as much stock of parts s they need to run the business replenished quickly near the point when they will run out. An interesting quality of product aspect as well. :Look what the process used can achieve rather than what the product needs. Then on say cars add bells and whistles. Get into a growing field earlier as well - semiconductors. Most things end up being sold to consumers. A lot of attention to detail and real needs as well on products.
Germany is similar in that it has a very stable home market. Germans buy German. It leaves something to build on.
Another aspect is home market size. Those with the biggest have more capacity to make things. That hasn't worked out so well for the USA over time. Perhaps it's easier to make money selling imports than bothering to make things.
I think perhaps is entirely the wrong word.
Economics. Change them to suite not having a surplus. It goes back to a bloke called Keynes. One of his quotes is said to be don't worry about the trade balance the countries who are selling will have lots of money and will need to do something with it and will invest it in their market places. Another way of looking at it is if a country is selling to another and that one "goes bust" they wont be able to buy the products any more. Japan for instance has been reckoned in the past to buy USD to maintain it's value when it falls as it is one of their major markets. Lots of people to buy things there. If it falls they get less money. LOL Maybe we should let China do HS2 and use their 5G.
Germany is similar in that it has a very stable home market. Germans buy German. It leaves something to build on.
Another aspect is home market size. Those with the biggest have more capacity to make things. That hasn't worked out so well for the USA over time. Perhaps it's easier to make money selling imports than bothering to make things.
I think perhaps is entirely the wrong word.Economics. Change them to suite not having a surplus. It goes back to a bloke called Keynes. One of his quotes is said to be don't worry about the trade balance the countries who are selling will have lots of money and will need to do something with it and will invest it in their market places. Another way of looking at it is if a country is selling to another and that one "goes bust" they wont be able to buy the products any more. Japan for instance has been reckoned in the past to buy USD to maintain it's value when it falls as it is one of their major markets. Lots of people to buy things there. If it falls they get less money. LOL Maybe we should let China do HS2 and use their 5G.
The 2 need to be related. If you look around on information on economics I think you will find that surplus did always influenced GDP. Borrowing should figure too really and then how to look at the figures gross or per capita. You may come across comment that China's debt levels are frightening. They are a pittance per capita but is even that the right way to look at it. It could be related to their surplus or a countries deficit but interest rates also figure.
Looking at figures since covid hit is a bit pointless really and it's rather important to be sure in what way figures are being quoted.
- Joined
- 16 Sep 2021
- Messages
- 2,884
- Reaction score
- 30
- Country
The year of reporting was different.
By clicking on the country comparison ranking, it places the countries in order of % against GDP.
https://www.cia.gov/the-world-factbook/field/budget-surplus-or-deficit/country-comparison
Of the countries mentioned so far:
Germany + 1.3% 2017 data
UK -1.9% 2017 data
France -2.6% 2017 data.
- Joined
- 16 Sep 2021
- Messages
- 2,884
- Reaction score
- 30
- Country
All the figures quoted are pre-Covid.
- Joined
- 16 Sep 2021
- Messages
- 2,884
- Reaction score
- 30
- Country
Unless there was some catching-up going on.
In fact the 'catching-up' may not be sufficient to replace that lost by inaction and hesitancy caused by a drawn out Brexit process.
So like most other things, your data needs to be in context.
tech is hardly a sector that will benefit more than a minority of people
and the UK would have attracted more without brexit
it wont make up for the massive damage brexit is doing to the general public
Yeah it'll never catch on.
WRONG
they are cases they won
Fillyboy is trying to argue against facts again, its what brexers do
A bit of up to date info...
"Welsh ports had 30% less traffic due to Brexit - shipping chief"
"Ian Davies, boss of Stena's UK ports, said it was down to the new post-Brexit trading relationship with the European Union rather than the pandemic"
As predicted of course, but no doubt dumb brexiteers already have their fingers in their ears singing 'la-la-la'
Sponsored Links
