Category: Economics

Will the UK fail miserably after Brexit in the next decade?

Desmond Last on Quora

If I were to become Prime Minister of the UK I would suspend Brexit pending a new vote and a mandate for EU renegotiation. However, as I am not Prime Minister then yes it is highly likely the UK will fail post-Brexit.

PM May will not listen and that alone will fail the U.K. PM May could make a very good Prime Minister but the DNA of May seems to act very stubbornly when her own ideas are questioned and in go the May Heels.

The U.K is about to lost 27 trading partners. 27 who are on the doorstep of the UK. The U.K’s new trading partners are not on the doorstep, they have very different cultures and weather patterns and it will cost a lot to get our goods to them.

The sun no longer shines on the great British Empire. The doors are closed to the UK and the UK does not have the money to prise them open. PM May should go back to the People and seek a mandate to pause Brexit pending an involved and extensive attempt to renegotiate the UK terms of trade with the EU and the method by which EU Directives are implemented.

The U.K is full and the NHS has no spare beds. On that point alone the UK has a case for the European Courts to severely limit immigration – I would impose an 18 month moratorium pending a full review of the UK ability to absorb any more limitless (as the EU is) immigration.

It is possible to go it alone but PM May will need to form a new Economic Bloc in order to compete against that of the E.U. That will not be easy as China and Russia are also seeking new partners. The U.S. needs Europe more than it needs the U.K which is why President Trump has spent more time in France than the U.K.

The UK’s future is that of Europe’s. We may be an island nation but we are also a continent of people.

The U.K urgently & immediately needs a new Government with strong positive Leadership.

cropped-cropped-truth2.jpg

I am still searching for the words that can redefine ‘incompetence’ and ‘intellectually challenged’.

Did Theresa May and her Cabinet cancel their summer holidays in what is one of the most important years in U.K History? No.

Where are our new alliances and post Brexit Unions?

Where is our new Union of ex-E.U European States? Nowhere.

Where is our new RD strategy so that we can direct funding to non-E.U markets? Nowhere.

Where is any new Economic Strategy? Nowhere

Where is our new Agricultural Policy to ensure we increase the productivity of our agricultural system and grow crops that compete with non E.U produce? Nowhere.

Where is our new Defense Policy to take into account the new U.S/France alliance? Nowhere.

Where is our new Naval Strategy to ensure our Type 45 Destroyers who are required to escort our new aircraft carrier can still protect the U.K against IBCM with the Viper/PRIMS System – as they will now be required to protect the HMS Elizabeth?

Where is our new anti-terrorism Strategy and Public warning to be ready for chemical attacks? Nowhere.

Where is our new Acid and Chemical product and sales monitoring and flag system? Nowhere

Where are the Military to secure our borders to ensure returning ISIS do not co-operate with criminal groups in the U.K to use chemical weapons? Nowhere.

Where are the arrests of out of control U.K Cyber Criminals? Nowhere

Where is the reduction of child abuse? Nowhere

Where is the reduction in crime? Nowhere

Where is the National Plan for this winter NHS’s crisis? Nowhere

I could go on and on and on. Never in the history of the U.K has there ever been such a totally inadequate Government in charge of the U.K

Wake up U.K Your Government is absolutely hopeless. You do not have a Government you have a ‘laughing stock’ and with the whole world watching.

 

Why are Theresa May and Amber Rudd so unable to stop U.K Cyber Crime?

cropped-facebook-2.jpg

The Internet Speed Test Result I have copied below is is Theresa May’s and Amber Rudd’s welcome to the Economy of the United Kingdom to all those companies who are considering what their post-Brexit Investment Options are. An unusable Internet.

It is simply not possible to be a more ineffective Prime Minister and hopeless Home Office Minister.

Will somebody in the Conservative Party put the U.K out of its economic misery and order May and Rudd to resign.

May and Rudd do not appear to have the intellectual ability to understand the damage they are doing to the Economy of the U.K.

Who in their right mind would allow the Internet to become so hacked that U.K Business suffers a loss of sales, disruption to business, site downtime and lost productivity.

May and Rudd please please resign so we can become a Trading Nation and not Mayhem and Rudderless Chaos.

251117

Well done Theresa May & Vodafone the U.K has become too difficult to do business in and with. U.K Cyber Hacking is out of control.

truth

 

This is my daily hack. The Broadband Speed is so slow it takes 3 x as long to update websites and in particular my site on WordPress.

231017

Is there anybody who works for Vodafone that wants to keep their Job? If Vodafone do not stop U.K Cyber hackers from slowing down their BroadBand that is what will happen. Vodafone will lose customers and their employees will lost their jobs.  There are plenty of other BroadBand Companies – outside of the U.K and in the E.U.

Theresa May does nothing about cyber crime in the U.K and Vodafone do little to investigate it. The E.U 27 welcome new Business Investment which will not invest in the U.K – the U.K has become too difficult to do business in and with..

What are the most significant pros & cons of globalization?

This is my answer to this Question on Quora.

At its best globalization should be an amalgamation of comparative advantage. Yet it has become the reduction of the human value.

Globalization has been led by profit and greed rather than by trading value and exchanging advantages in manufacturing and the supply of resources.

In effect our Governments have handed over economic theory to the law of the Jungle – they have walked away from their own responsibilities to citizens and allowed Global Organisations to become third party Governments.

Note: Third Party Government – this sees persons not elected by the People making decisions which will affect their economic futures – such as the World Economic Forum, the IMF and in some respects for those Countries without direct representation – the G20.

Certain Governments and in particular the U.K Government went so far as to hand over their whole economy to International Organisations and Companies and as a result have allowed the U.K to become the doormat of the developed World.

The U.K Government’s compounded their lack of Economic Control by handing over their Economic Sovereignty to the E.U and by doing so took a backseat to the control of the direction of their Economy.

The E.U did not ask for control the U.K Government gave it to them.

The U.K Foreign Office must hold much of the blame for their out-dated historic view of the U.K’s position in the World which has desolated the U.K’s Economy – that and a lack of any new Economy thinking by the U.K Government and Bank of England.

Mark Carney the current Bank of England Chairman is a classic example of a Financial Leader who is unable to produce new thinking and direction. He has failed to combat the Global Effect of Capital making its own policy independent of Government – Globalisation. Carney does not lead he follows and in part is responsible for the debacle that has become Brexit.

Hence the U.K no longer has its own manufacturing base and its R&D is invested in mainly foreign owned companies or emerging companies who are then bought by foreign companies.

Using the U.K as an example Globalisation has produced below economic expectation wages, an unnecessary movement of workers, a strain on Infrastructure , a clash of Cultures and a foreign concentration of Capital as well as third Party Government.

Who is running the U.K? Not the Government. They now have no control over the direction of the Economy. Global Financial Interests run the U.K Economy. The result; no hospital bed for your mother, not enough teaching time for your children, no Police for your house burglary, no new Tanks for the U.K Army.

Brexit will only increase the U.K’s exposure to Globalization. In effect the U.K will become the Developed World’s first Third World Country.

What are the pros? There are none. Until Governments regain control of their Economies then capital will go wherever the least expensive cost of multiplying it is located. There is no ‘level playing field’. Ask Australia. It no longer has a car manufacturing industry.

That is why President Trump wants to regain control of America Economy through the direction of its manufacturing base.

Globalisation can be a power for good but only if it is controlled and directed.

Yes it does provide jobs to developing countries but at what cost and to whose tax department?

We cannot continue to allow large global displacements of the economic power of the people and Governments to corporations who have only their bottom line as the motive for their existence.

If the World is to evolve economic equilibrium we must ensure that Global Economic Organisations and Companies are given the opportunity to align themselves with Nation State Policy and not ‘shareholder bonus’ and that  includes Citizen Representation of Global Economic Movements and Organisations.

The bottom line of Globalisation is that ‘There is no Democracy at the International Level’.

Is Nigel Farage considered as an idol in England?

brexit

My Answers to World Affairs on Quora  This an answer to a Quora Question.

Farage like the majority of Politicians and in particular U.K politicians is another failed representative of the people who does not listen to anything other than the sound of his own voice.

What is it about economic planning and industrial strategy that all sides of Politics in the U.K do not understand?

Don’t tell me they do. The U.K Economy is an absolute disaster. We can’t even afford our health care let alone social justice. We may be the 5th largest economy in the World but we do not make a profit. Government borrowing is increasing and so too its cost. Our Moody’s rating has just been downgraded – again.

Brexit has made the U.K a joke – one which will ensure that the young people of the United Kingdom are not going to have the same opportunities as their European counterparts.

Farage like Johnson made political ambition more important than the futures of the people of the U.K . The failure of the U.K Government and Establishment to become fully involved in the European Union is what caused the E.U Super-State to emerge.

They and the cobwebs in the Foreign Office should have become fully immersed in the E.U and hence would have led its reform. Instead the U.K have continued looking for ‘tea trade in the Commonwealth’ to exploit whilst walking hand in hand with America into any war they could preach to the world about. They should have been evolving the E.U – which would mean we would not have needed Brexit.

Our Foreign Office still thinks it runs the World. They need a damn good shake-up and need to get out into the real World.

Farage got what he wanted and walked away. Cameron didn’t and cried then walked away. May jumped Euroship to become Prime Minister. Johnson has used Brexit not for the people of the U.K but himself.

Where is the plan Farage and Johnson? Where is the association with non-E.U nationals and Organisations. Where is any form of future strategy for the U.K? There is none and cannot be until we begin to sign Trade Deals and the details of the U.K exit from Brexit are finalised. But Farage never explained to the people of the U.K that the referendum was only one small part of leaving the E.U. nor did Johnson.

Farage and Cameron played selfish politics with the UK and the people lost. We still have no plan.

If the E.U is so bad why is Farage an MEP?

Farage and Johnson, Cameron and May as well as Corbyn are like ships without rudders and sails. They have absolutely no idea of where they are going and no idea of how they are going to get there.

When will the people of the U.K wake-up? It is not the E.U they should have left it is a Political System that does not answer to their needs. I voted for Brexit but I had a Strategy. I wanted to use Brexit to reform the E.U or form a new Union.

Brexit was an Ace in any reform negotiations and we threw it away.

There is little in the way of People Democracy in the U.K only a Political Power Elite who still do not listen and without doubt do not understand Economics.

The U.K is leaving a Trading Group which will only get bigger and stronger. Where is the U.K going? Mexico? Australia? Vietnam? China?

The U.K could have reformed the E.U and become a major part of the future of the World. But now no longer will we be able to ensure our interests are shared with the World. As May illustrated in Florence this week we now excel in bending over to whoever holds the purse strings.

Farage should have created an economic plan for the future. He did not. I doubt if he will be considered an idol by the many who in years to come will only see Brexit as a lost opportunity to reform the E.U and partake in its leadership.