Good to get alternative perspectives. But of course lots of people in 1997 didn't think it would be like 1997. (View Post)

Your maths needs work. American GDP per head is about 70% higher than ours ($76,398 vs $45,850 in 2022), so they make $17 for each $10 we make. If you cut their hours by twelve percent, they lose $2.… (View Post)

I would say there's another reason why the 5.5% does not pass the sniff test. Our exports to the EU were only 11% of our economy in 2019. Much of that was trade in services, which, as Springford… (View Post)

We won't know until we apply of course, but I've a vague feeling that somewhere in the turgid drivel that is the Lisbon Treaty there's something about EU membership being open to Europ… (View Post)

No. Over-financialized - the share of our GDP generated by financial services (8%) is about the same as the US (7%) or Switzerland (9%), both of which have much higher income levels. Over rentierized… (View Post)