Farm Shops

  • Thread starter Thread starter uncle666
  • Start date Start date
This is simply because UK PLC has few resources, produces virtually nothing that other countries want...
Strange thing to say when UK exports are at the highest they've ever been. What period are you comparing with?
1. Britain has not enjoyed a current account surplus since 1983.
2. The British deficit is still growing - the reverse of what you would expect for a country in the midst of a protracted domestic recession, when demand for imported goods is supposed to fall.
3. Our current account deficit is at it's highest such level since 1989. Only twice in modern British history has it been substantially bigger than this – and on both occasions, Britain was fighting a world war.
4. Never before has there been such a protracted period of failure to pay our way.
 
But you didn't say that. You said the UK has few resources and produces virtually nothing that other countries want. Which isn't true. UK industry isn't doing that badly and exports are high - in fact the highest they've ever been. So it just looked a bit at odds with the facts and I wondered what period you were comparing with is all.
 
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