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View Full Version : This will be the UK in a few years



DimPrawn
2nd November 2009, 09:48
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/6480289/It-is-Japan-we-should-be-worrying-about-not-America.html


Basically an old dead economy overtaken by cheaper, younger rivals that are not saddled with maintaining a std of living that is no longer viable and a social policy of spend spend spend for little return.

Doomed!

TimberWolf
2nd November 2009, 09:51
Who is most flipped: America, UK, Japan, Iceland, or other?

DimPrawn
2nd November 2009, 09:53
All fooked. America will pop later as they hold the reserve currency.

Japan to go pop soon. UK depends if we fall on Europe to bail us out in exchange for capitulating to complete control, which will buy us some time.

lilelvis2000
2nd November 2009, 10:20
UK will go first as it has nothing to fall back on - no manufacturing, no resources...nothing. Except maybe IT but that is only kept afloat by cheap imported labour.