101–110 of 364 posts
Earlier quoted context omitted.
> Paris has even overtaken London in finance citation please? in terms of financial centres: NYC is first, followed by London (and they swap places every so often) down at number 15 or so is Paris
I believe this is reference to the fact that the French stock exchange is now larger than the London Stock exchange.
I genuinely fear for the UK. It's going to be a very different country in ten years, and I fear it will be a weaker, poorer and more divided one. I don't know for sure what the main cause of our current problems is, but I know that it's not a single issue. Brexit, Covid-19 and the war with Russia – not one of these issues alone is the cause of our problems. My hope for the country rests in the fact that it still has…
No you're right, the UK is done. Little to no industry left, they were a nation of bankers and multinationals that exploited their former colonies. But it's not because of Brexit, COVID or Russia. It's because they never adapted and the rich in their country cared more about maintaining status than improving the country. Look at France and Germany: industry, tech, lots of "producing" businesses thrive. Paris has even…
I genuinely fear for the UK. It's going to be a very different country in ten years, and I fear it will be a weaker, poorer and more divided one. I don't know for sure what the main cause of our current problems is, but I know that it's not a single issue. Brexit, Covid-19 and the war with Russia – not one of these issues alone is the cause of our problems. My hope for the country rests in the fact that it still has…
I do think it's a nation on the decline in many ways.
However, I met so many ambitious immigrants who came to the UK to work hard and make a good life for themselves.
I believe these people will continue to keep the UK humming along.
It might not be a mighty outsized county economically but they'll be fine.
Earlier quoted context omitted.
No you're right, the UK is done. Little to no industry left, they were a nation of bankers and multinationals that exploited their former colonies. But it's not because of Brexit, COVID or Russia. It's because they never adapted and the rich in their country cared more about maintaining status than improving the country. Look at France and Germany: industry, tech, lots of "producing" businesses thrive. Paris has even…
> Paris has even overtaken London in finance citation please? in terms of financial centres: NYC is first, followed by London (and they swap places every so often) down at number 15 or so is Paris
Earlier quoted context omitted.
No you're right, the UK is done. Little to no industry left, they were a nation of bankers and multinationals that exploited their former colonies. But it's not because of Brexit, COVID or Russia. It's because they never adapted and the rich in their country cared more about maintaining status than improving the country. Look at France and Germany: industry, tech, lots of "producing" businesses thrive. Paris has even…
> Paris has even overtaken London in finance citation please? in terms of financial centres: NYC is first, followed by London (and they swap places every so often) down at number 15 or so is Paris
London Loses Crown of Biggest European Stock Market to Paris - 14 November 2022
https://www.bloomberg.com/news/articles/2022-11-14/london-lo...
I genuinely fear for the UK. It's going to be a very different country in ten years, and I fear it will be a weaker, poorer and more divided one. I don't know for sure what the main cause of our current problems is, but I know that it's not a single issue. Brexit, Covid-19 and the war with Russia – not one of these issues alone is the cause of our problems. My hope for the country rests in the fact that it still has…
I spent the last year living in London. I'm from California originally so a regular old American. I do think it's a nation on the decline in many ways. However, I met so many ambitious immigrants who came to the UK to work hard and make a good life for themselves. I believe these people will continue to keep the UK humming along. It might not be a mighty outsized county economically but they'll be fine.
Earlier quoted context omitted.
Inflation in UK is twice as high in the US.
Inflation in the uk is a combination of inflation and weaker pound. Most food is imported from abroad.
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It will be ok in the long term. It has the resources to overcome its current issues (most of them self-inflicted). However, the next decade or two might be quite difficult. To be fair, there is some justice in it. You (collectively, as a country, not you personally) cannot keep voting for the same failed ideologies and then complain when the consequences come. This needs to be the end of Toryism as it currently exist…
Blaming “Toryism” is pretty odd. You think the economic problems affecting the UK started in the last decade? To me this seems to be the product of Blair-era Labour, which gutted the country by shipping jobs and industrial capacity to Eastern Europe and China. Populist nationalism is rising throughout the western world. It’s a reaction to the failings of globalist liberalism, not the cause of those problems.
No, that definitely was the 80s.
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Exactly. All of Europe, and the world really, has had to deal with the pain (both economic and in lives) of Covid and the war in Ukraine. But the severity of UK's problems are solely of their own making and are pretty much entirely due to Brexit, and the fallout from Brexit that caused by a string of ill-prepared "leaders". That said, one reason I'm hopeful about the UK is that, compared to US politics, there is much…
>But the severity of UK's problems are solely of their own making and are pretty much entirely due to Brexit, and the fallout from Brexit that caused by a string of ill-prepared "leaders". The leaders weren't just I'll prepared with Brexit, they head-on despite the consequences, since they were chasing the "EU-bad" popularity votes by pointing at the EU as the scapegoat for the UKs own self inflicted internal issues.…
Well, arguably, they kind off got carried away by the thing they created; Brexiters pre-referendum were usually advocating some sort of soft Brexit (albeit often with conflicting demands which made it impossible; "single market access but we don't need to follow European rules" sort of thing), then there was May's Brexit which looked 'hard' at the time but soft compared to what actually happened, then Boris's Brexit, and then Truss wanted to make it _worse_. All of these things were worse than being in the EU, but the degree of badness intensified as the leaders of the movement were captured by the movement itself.