It's nearly official. We're depressed.
Friday, 23. January 2009, 00:41:26
Yup, it's true. It seems like later today it will be announced that we really are finally in a state of depression, which may come as a shock to all those convinced that we already were. Gosh, maybe it's the way they calculate what a depression really is that's wrong. What I don't quite get is all these people broadcasting that Britain's depression is going to be soooo much worse than anyone else's, yet most of the rest of the world is already in depression and we're only just getting there. Sort of like flogging a dead horse without telling the horse it's dead...
What I want to know is, where is all the money? The amount of dosh that's disappeared from the world's economy can't just be stored under anyone's matress, not unless they're really really big people; it must have gone somewhere, who's been seen wandering around town with several large heavy suitcases? I suspect the 2nd world have it. I've often wondered who and where they are and now I know, they're right there where all the money's gone.
You know how I hate to say "I told you so", but I do believe that I told someone at some time that if you let idiots like Thatcher destroy your manufacturing base you're only asking for trouble, never mind that other idiot, Digby Whatever, saying that now we can do what Britain does best and add value to products brought (Maybe that should be 'Bought') in from abroad. If we do that our money goes out of the country and none comes back in, and it doesn't take the foreign manufacturers long to work out what value we're adding and start building it in for themselves.
Surely any idiot can work out that if you buy all your goods from China and India there's eventually going to be no money left in the country?
Is it time for the revolution yet?
What I want to know is, where is all the money? The amount of dosh that's disappeared from the world's economy can't just be stored under anyone's matress, not unless they're really really big people; it must have gone somewhere, who's been seen wandering around town with several large heavy suitcases? I suspect the 2nd world have it. I've often wondered who and where they are and now I know, they're right there where all the money's gone.
You know how I hate to say "I told you so", but I do believe that I told someone at some time that if you let idiots like Thatcher destroy your manufacturing base you're only asking for trouble, never mind that other idiot, Digby Whatever, saying that now we can do what Britain does best and add value to products brought (Maybe that should be 'Bought') in from abroad. If we do that our money goes out of the country and none comes back in, and it doesn't take the foreign manufacturers long to work out what value we're adding and start building it in for themselves.
Surely any idiot can work out that if you buy all your goods from China and India there's eventually going to be no money left in the country?
Is it time for the revolution yet?
WIDGETIZE