Didn't Thatcher once say that there was 'no such thing as society - only individuals'. We are now seeing the full fruition of the nightmare started in her time. We have to accept that people do not like living in communities which are constantly changing - and it is, unfortunately, poorer, more working class areas which were required to change the most, and are still changing.
It was not Thatcher that significantly changed many communities it was the refusal to look at the realities of unchecked immigration and the promotion of multiculturalism. I agree it was the working class that took the brunt of damage. The wishy washy Liberals from Hamstead pontificated without living amongst the effects of their failed policy.
The doom mongering by some of the flat earth anti Brexit posters on here seems to be not representative of the general UK public. UK retail sales rose at their fastest annual rate in 14 years in October. The figures are said to suggest consumer confidence remains robust in the face of uncertainty caused by Brexit.
Nothing has happened yet... except that I've had to cancel my planned holiday to the USA because the £ is worthless. Ditto the euro. Doesn't bode well when that much has happened already.
The figures are "also said" to reflect people spending what money they've got before its value reduces even more.
Sterling has dropped because of the uncertainty of Brexit, I'm sure when the UK's worldwide trade deals are in place confidence will return, although higher interest rates in USA may push the pound down further in the short term. Personally it has been a disaster for me, so I cannot be accused of voting for Brexit for selfish reasons. I obviously still strongly support Brexit.
I thought that might cheer you up. Nothing I have not faced and overcome before, In 2008 there was in fact a much larger drop from 2.00USD/£ down to 1.4 in a year.
Interesting that the Australian government has said that they are giving priority to striking a trade deal with the EU rather than with the UK. Seeing as Fox appeared to be pinning hope on doing a rapid deal with them, it cannot be doing his job prospects a lot of good. They said that it would likely be six or seven years before a deal could be confirmed. On that basis we can assume that sterling will continue to sink as it becomes clearer that there is no magic bullet to rescue the country unless deals can be done to remain in the single market. As SH assured us before the vote, any loss to the value of sterling would be very short lived, and all of his imports would cost no more as he would pass on the additional price to the shipping companies, it is difficult to see why it has been a disaster for him.
I am not saying that it was Thatcher alone, but rather that the process of the massive depopulation of our cities and, particularly, the depopulation of the industrial northern cities began during this time. Liverpool alone lost about 200,000 people during the 80s - because of people 'getting on their bikes' as Tebbit called it. These cities and towns where then repopulated during the 90s partly to rejuvinate them and partly because so many properties were empty. Whereas eg. Oldham was once full of mill workers it is now full of Asians, otherwise it would now be a ghost town. It is a major problem that the deindustrialization of Britain coincided with mass immigration - had this not been the case, and had Britain remained a manufacturing nation (as it could have done) the whole experience of immigration could have been different. Has it not occured to you that the main reason why so many immigrants want to come to England is because they feel that the chances of picking up semi legal, hire and fire, casual labour there is higher than in eg. Germany.
If you remember correctly or look back on the posts the shock of the sudden devaluation of sterling in my particular situation was addressed by renegotiation with suppliers and shipping companies, cutting out the deadwood from the payroll and looking for other efficiencies. It actually made our company stronger in the long run. It is easy for Australia or any other country which may have or will have a trade deal with the EU to give the UK a seperate trade deal on the same terms which may or may not be negotiated later. If the UK joins the North Atlantic free trade zone we will be flying.
I'm afraid I cannot come out to play tonight as I'm taking my wife to see Zoot Money, PP Arnold and the Manfreds in St Albans. Bet the audience will look really old!!
By the way, Nafta is an agreement between USA, Canada and Mexico. Seeing as there is to be a wall between Mexico and the USA, and Canada has said it is willing to take in refugees from Trumps America, not sure that things sound very stable there. I can wait for you to think up something. Enjoy your evening and forget about your disaster.
I'm not sure what you mean re; 'think up something'? Hopefully you are not questioning my truthfulness? My 'disaster' can be explained that due to Brexit the sale of some of our company shares has been delayed until further notice. This has a knock on effect on the delayed building of our proposed self build house. We are currently left in limbo which is why I am wasting so much time on this forum!!
You stated that joining Nafta would see the UKs trade flying. Simply asking you to explain why you think it could rescue the country when it is clearly a very unstable arrangement. Sorry that your house is on hold. Thought we hadn't heard much about it recently. Still it is good that you acknowledge that it is due to the thing that you voted for, whereas others have been just as badly effected for something we opposed. 1.3 million of us are left in limbo because of it.
Philip Hammond will admit to the largest deterioration in British public finances since 2011 in next week’s Autumn Statement when the official forecast will show the UK faces a £100bn bill for Brexit within five years. Slower growth and lower-than-expected investment will hit tax revenues hard, the official forecasts will show, supporting the Treasury’s pre-referendum warnings that the long-term economic costs of Brexit are high. Instead of a surplus in 2019-20, as his predecessor George Osborne had promised, Mr Hammond will show a sizeable deficit in that year with the gap between the borrowing forecast for each year in the Budget last March and the Autumn Statement getting bigger every year. An official forecast along these lines would vindicate the Treasury’s pre-referendum central estimate of a £36bn annual cost of Brexit to the public purse but it would come only five years after the vote, indicating the cost might rise further in future Financial Times.
i think everyone knew that that was never going to happen anyway - can't think of one promise or prediction he made that ever eventuated.
