Wednesday, 30 July 2014
Sinking Britain; This blog has been inactive since early in 2013, while I concentrated on publishing my new Book: SINKING BRITAIN. While Messers Cameron and Osborne gloat about the 'recovery' of the British economy, they also note that the country's position in terms of external balance of payments [in deficit], national debt [still growing], public spending [still in deficit], show that their policies have not succeeded In any meaningful sense. Exports and manufacturing are still way below their levels in 2007. The intractable problems of the British economy have not been addressed. All that the 'good' economic data - national income - shows is that people are turning-over more money in the economy to no good purpose.
WBritain is still sinking!