15-02-12, 07:24 PM
Quote:immigrants get full benefit package while domestic workers can get almost nothing
That's a rather sweeping statement, and frankly one that is not true.
Quote:he mistook the unsustainable bubble for genuine growth
Soaring shares, increasing debt level and soaring house prices should have had big loud alarm bells ringing. Brown's miracle economy was built on cheap credit and rising asset prices. It would be interesting to know how many times the world's worst (and unqualified banker) visited No.11, Goodwin was pals with Brown, and indeed it was Brown that got him knighted.
No these fools thought asset values could and would rise forever, that cheap credit was here to stay and that boom and bust was now a thing of the past. What they did was create a massive boom and the biggest bust ever. Incompetent fools.
Quote:Now China is rich and we are bust.
China is not rich. In terms of wealth based against population the UK is stinking rich compared to China, however just like China the big bucks are in the hands of the few. And they will hang onto it at any cost. The difference is we can change it, but that ain't gonna happen while the working man frets about irrelevant welfare payments.