The UK can go back to being the richest country in the world

Post by mr_toad » Thu, Jul 11, 2024, 4:41 AM UTC

Balgair wrote: post #104

dboreham wrote: post #6

The UK is "MBAs eating the world" on steroids, except they're History graduates who went to Eton. Not interested in actually creating anything or making anything. Money can be magically made by...shuffling money around. North Sea oil revenues provided a generation-long cover for this but now that's done. Disclosure: former UK "subject". Oh, and I forgot: allowed their country to become the "host" for Rupert Murdoch w…

> ... except they're History graduates who went to Eton For the non-British readers here, Eton is a boarding school [0] west of London. It's where nearly all the elite members of British politics and society attend from ages 13 to 18. Like, all the royalty go there. And Harry Potter is like just cribbing from what these boarding schools do. When you hear some British actor in a movie or something say '... Old Boy , .…

> The Limeys call them 'public schools'

It’s public in the sense that a public bar is public - you still have to pay.

It comes from an era when the options were private tutoring, or being sent to school “in public”.

Post by KingOfCoders » Fri, Jul 12, 2024, 2:02 PM UTC

mr_toad wrote: post #109

KingOfCoders wrote: post #54

Earlier quoted context omitted.

Yes, the UK is an empire, a much smaller one though. Scottish people haven't understood it the same way Indians did.

In terms of territory it is certainly smaller. But you might be surprised how much of the world’s assets are ultimately controlled from London. London reminds me of Constantinople, in that as a capital of a former empire it amassed and concentrated great wealth even as its empire shrank. It’s just that Constantinople’s wealth was more tangible.

"ultimately controlled from London"

I found the book "Treasure Islands: Tax Havens and the Men who Stole the World" interesting which has a large junk on this topic. The tax havens don't have data centers or any infrastructure, the banks of tax havens of the former English Empire have their money with banks in London.

Re: The UK can go back to being the richest country in the world

Re: The UK can go back to being the richest country in the world