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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (77593)8/11/2011 3:59:07 PM
From: elmatador1 Recommendation  Read Replies (1) | Respond to of 219789
 
"...Britain lost a huge source of wealth previously derived from exploiting the resources of these countries. At home, the beginnings of the NHS and the welfare state, while again the right thing to do, started the expansion of the public sector and the gradual development of a dependency and blame culture."

They were not down before because of the North Sea oil windfall as he correctly point out:

The huge one-off windfall of North Sea oil been totally dissipated by successive governments, using it to finance current expenditure instead of rebuilding our ageing national infrastructure and reshaping our economic future.

First generatio migrants had decent jobs. Their sons and daughters, have no future and revolted



To: Maurice Winn who wrote (77593)8/11/2011 4:26:57 PM
From: elmatador1 Recommendation  Read Replies (1) | Respond to of 219789
 
What a time we picked to get rich, MQ! We wanted the French, Italians and the rest of it to be doing alright!

Now we have to be remorseful. As we see the OECD countries in this trouble.

You know we are not selfish. we want everybody to be doing well.