Freedom, system thinking, politics, science, education, economics, pirates

Friday, 28 November 2008

economic collapse said... comment on Guido today

Britain and the British will neither get nor deserve the relative good fortune of a Velvet Revolution type release from its current totalitarian lockdown. Nor will it be delivered by the collective courage of its common people dispatching summarily its dictatorial leader and his regime as per the Romanians. The path laid out for Britain and the British is regime collapse through total economic collapse as per the Soviet Union in 1991.

It is little reported in the British media that Poland now has a lower rate of unemployment than Britain, its rate having fallen from 8.7% to 6.4% in the last 12 months. UK's true figure, with long-term economically inactive included and those claiming disability is only matched by that of Spain's at 13%, within the European Union.

All the signs are there of a false economic structure on its last legs. The Soviet's was the military-industrial base, the British the housing/finance/public sector base, again highly artificial and unproductive. When collapse comes, as it will, within 12 months, real national output and incomes will fall by a quarter with up to a 10 million out of work and real starvation and deaths from common, as in Russia during the aftermath of the communist system collapse. As per the Russian experience real economic recovery will not take place for a further 10 years due to the massive shock to the whole politic-economic system.

2 comments:

  1. "the British [had] the housing/ finance/public sector base"

    Exactly.

    Exactly.

    ReplyDelete
  2. I wonder if that's the real reason that Russia offered to help out Iceland...

    Sometimes people in power do things that you do not expect for reasons that aren't strictly logical.

    WV: minceing
    REALLY!

    ReplyDelete