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[redtrend] 23/5/2019 17:20

Again this concentration of wealth in the top 0.1% is global, not UK specific.

Is the Alumni of Oxford Uni to blame for the regression to Victorian-age levels of in-equality between the haves and have nots across the globe?

And how is leaving the EU or protectionism the answer, if all major players on both sides went to Oxford?

Please don't tell me Corbyn and Abbott is the cure?! He didn't go to Oxford Uni so that's a tick in your box... although he didn't go to any uni

[redtrend] 23/5/2019 16:51

If we do indeed Leave, the only way to be more prosperous over the long-run would be to completely open up, free trade of goods & services (subject to anti-dumping laws and anti-competition laws like state help).

If your main issue with the EU was that we were too open in terms of trade (I'm not talking free movement of people here, which has many different implications), how are we going to compete on the global stage if we become a protectionist island?!

Every other country will just retaliate and put in place their own trade barriers against UK... We would completely collapse

I agree we can't do anything about the problems you state, because we as a country are no longer competitive and now reliant on huge deficits and debt to sustain our lifestyles and economy. I don't see how becoming protectionist would make this better, it would make if far far worse.

[redtrend] 23/5/2019 16:37

Ag - you're just listing problems Britain has! Not all as a result of the EU!

The USA has pretty much all the same problems you list!

[redhill] 23/5/2019 16:18

The reason i blame Cameron is for holding a referendum in the first place.
Secondly the government should have had a plan for leaving if the vote was to leave.

What sort of leaving would it be. A Norway style deal. A customs Union deal. A blank deal without anyone having a clue what comes next.

I'm afraid the population should have been made aware which pathway the government would take. Then a more informed decision could be made before voting.

That's democracy . Not Nigel Farage walking up and down with a pint in his hand telling us everything would go back to life as we knew it in the 1960's.

[redhill] 23/5/2019 16:04

The Tory party and the Labour party are dead and buried. The leavers blame them for not getting it through and the Remainers blame them for not keeping us in.

[redhill] 23/5/2019 16:00

The problem lies in the fact that the benefits of being a member of the European Union have never been explained to the public at large. Ever since the Thatcher days we have experienced continued Euro bashing by a lot of newspapers.

Just before the vote to leave we had front page after front page of illegal immigrants trying to get into the country. Sufficient enough to stir the shires up to vote against the governments recommendation.

Now we know what the problems are with leaving lets have another vote.

[338] 23/5/2019 15:51

how long will it take to rebuild?

[jc2706] 23/5/2019 15:31

Personally I think that the damage was done by Gordon Brown!

[redhill] 23/5/2019 15:10

She may go but it wont make any difference. The damage was done by Cameron.

[338] 23/5/2019 15:02

PM May is stepping down

[338] 23/5/2019 15:02

and PoG is up and up

[338] 23/5/2019 14:54

DOW is going down badly

[redhill] 23/5/2019 09:19

Elections next year in Tanzania. Not sure if they are Presidential. Mugulfi has said that he won't stand for a further term.

[jc2706] 23/5/2019 09:08

Redhill,

We can only hope that this is the case and there is a certain logic to it. I suspect that the Acacia/Barrick situation will be heading to the courts but this may not be of much impact on Tanzania - it will be Barrick that is potentially slammed.

You are right that those who will ultimately suffer the most from the government's actions are the people of Tanzania themselves, with foreign companies as the convenient scapegoats. The blame game doesn't help when the country suffers from a massive drop in investment.

[redhill] 23/5/2019 08:55

Shanta management seemed to think any Acacia settlement would unblock the VAT logjam.