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Post by Deleted on Oct 21, 2021 19:01:17 GMT
Blair and subsequent governments fucked up by not investing in nuclear. We’ve then let Europe completely asset strip the uk over the past 4 decades, and now we either have to buy everything in, or rebuild. In reality, no government in this country seems willing to invest in it, or its future.
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Post by Deleted on Oct 21, 2021 19:36:16 GMT
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Post by JohnV on Oct 21, 2021 20:04:16 GMT
Blair and subsequent governments fucked up by not investing in nuclear. We’ve then let Europe completely asset strip the uk over the past 4 decades, and now we either have to buy everything in, or rebuild. In reality, no government in this country seems willing to invest in it, or its future. Britain has not looked at long term investment in the country for many decades.
It's because accountants are in charge of everything, most are unable to think further ahead than the annual report and even the most forward thinking seem to have a cut off point of 5 years.
The Victorians used to build for the future and try to design things to last generations.
but that was when dreamers and entrepeneurs and men of vision were in charge and used to tell the accountants to do as they were told
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Post by Deleted on Oct 21, 2021 20:27:03 GMT
Blair and subsequent governments fucked up by not investing in nuclear. We’ve then let Europe completely asset strip the uk over the past 4 decades, and now we either have to buy everything in, or rebuild. In reality, no government in this country seems willing to invest in it, or its future. Britain has not looked at long term investment in the country for many decades.
It's because accountants are in charge of everything, most are unable to think further ahead than the annual report and even the most forward thinking seem to have a cut off point of 5 years.
The Victorians used to build for the future and try to design things to last generations.
but that was when dreamers and entrepeneurs and men of vision were in charge and used to tell the accountants to do as they were told
Bean counters - the scourge of the forward thinking engineer/entrepreneur/business person Widely attributed to John Ruskin There is hardly anything in the world that someone cannot make a little worse and sell a little cheaper, and the people who consider price alone are that person’s lawful prey. It’s unwise to pay too much, but it’s worse to pay too little. When you pay too much, you lose a little money — that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot — it can’t be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.”
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Post by Clinton Cool on Oct 22, 2021 6:33:58 GMT
If government chooses to pay people for doing nothing during a pandemic, refuses to increase taxes for people who have nothing to spend their money on, creates artificially low interest rates in order to encourage higher spending, borrows money on behalf of people not yet born in order to enable yet more spending and if that wasn't enough, turns on the money printing presses....inflation isn't a possibility, it's a racing certainty.
As if all the above wasn't enough: government does away with stamp duty for a period encouraging people, rather stupidly confident in the artificially low interest rates, to panic buy houses at inflated rates. So, the usual solution to an overheated economy, higher interest rates, would leave the finances of many in tatters. Being a populism driven government it won't do this or if it does, it will likely 'bail out' those affected, stripping yet more leaves, branches and bark from the magic money tree, further compounding the terrible mess their profligacy has created.
Have a nice day all.
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