Wealth creators
Comments
-
rake wrote:
http://news.bbc.co.uk/1/hi/business/1861801.stmnolf wrote:rake wrote:
get out. its mainly foreign owned.bagpusscp wrote:This country still has the 6 th largest manufacturing base on the planet.
National Statistics Online:
Income
UK earnings on investment abroad increased by £4.4 billion to £45.2 billion, primarily due to higher earnings on direct investment abroad. Foreign earnings on investment in the UK decreased by £0.6 billion to £34.7 billion - this was due to lower earnings on other investment, which were partly offset by increases in earnings in foreign direct investment and portfolio investment.
Thats just a simple narrative account of manufacturing in 2002.
What's your point?
Mine was that we our investment abroad brings more money in, than foreign investors take out."I hold it true, what'er befall;
I feel it, when I sorrow most;
'Tis better to have loved and lost;
Than never to have loved at all."
Alfred Tennyson0 -
what are you meaning by foreing investment. banking or imported goods. i dont know what youre saying with those figures.
http://www.britishchambers.org.uk/zones ... overy.html0 -
nolf wrote:Rick Chasey wrote:nolf wrote:Rick Chasey wrote:passout wrote:
OK, my conclusion is that history is just one thing after another.
Ah, but does history have a narrative?
If so, who tells it? :P
Pfft.
Narrative History hasn't been fashionable since Travelyan.
Hayden White's my man.
Ahh haven't come across im yet
Still working my way through Sterns collection of 19th C. peeps, and Bloch's 'The Historians Craft'.
Yikes - I re-read Flashman recently if that counts!'Happiness serves hardly any other purpose than to make unhappiness possible' Marcel Proust.0 -
I have just re-read the Harry Potter series, great guide to socio-economic macronomics That scholarship boy Riddle turned out to be a bit of a bad egg, what? The older I get the faster I was0
-
rake wrote:what are you meaning by foreing investment. banking or imported goods. i dont know what youre saying with those figures.
http://www.britishchambers.org.uk/zones ... overy.html
The original point was that you said "it's all foreign owned" with reference to manufacturing.
What I'm saying is that although a lot of companies in the UK are foreign owned, the money that gets taken out of the country by foreign owners, is far smaller than the amount the UK brings in, from ownership of foreign companies.
That brief statement from the British chambers isn't really true. While the £ is weak atm, thats not necessarily a long term readjustment (loads of things that could happen, China's currency floats freely, euro explodes, USA gets some more bad news etc). Investment of the sort they're talking about is longer term, and in the long term it appears to be a declining industry.
If someone can make a decent business plan, they'll get investment, always opportunities to make money (and create jobs)."I hold it true, what'er befall;
I feel it, when I sorrow most;
'Tis better to have loved and lost;
Than never to have loved at all."
Alfred Tennyson0 -
passout wrote:nolf wrote:Rick Chasey wrote:nolf wrote:Rick Chasey wrote:passout wrote:
OK, my conclusion is that history is just one thing after another.
Ah, but does history have a narrative?
If so, who tells it? :P
Pfft.
Narrative History hasn't been fashionable since Travelyan.
Hayden White's my man.
Ahh haven't come across im yet
Still working my way through Sterns collection of 19th C. peeps, and Bloch's 'The Historians Craft'.
Yikes - I re-read Flashman recently if that counts!
Just reading them for the first time - great books but keep thinking someone will look over my shoulder and accuse me of being racist!
0
