You've used an analogy - i'll use a similar one. Let's say you have a business that owes £20k, and has £5k in the bank. The business can choose to pay off a large chunk of the debt... *or* it can choose to employ (spend) that £5k in a way that returns more money in the long term - this could be on marketing, or newer more efficient equipment, for example. "Return on Investment" is what you're looking for...
The State of the UK?
- Thread starter Keltik THC
- Start date
You've used an analogy - i'll use a similar one. Let's say you have a business that owes £20k, and has £5k in the bank. The business can choose to pay off a large chunk of the debt... *or* it can choose to employ (spend) that £5k in a way that returns more money in the long term - this could be on marketing, or newer more efficient equipment, for example. "Return on Investment" is what you're looking for...
Associate
i was being a bit sarcastic by the way, of course Wikipedia is useless to to meaningful research
also Germany are in just a bad a mess as we are in terms of manufacturing, if not worse. they are very reliant on it. and it is completely stagnating at the moment, my company's Germany facility used to have a full 8 month order book, it now only has 2!! this is the case all over Germany.
in this down turn, who is going to purchase manufactured goods now?
we are not so reliant on manufacturing, which is a mixed bag as it, we are still in the top 10 i think and yes it is tough and not grate form my point of view as an engineer to see its decline. but we have a very diverse economy, ev is)en the financial center (screw as it has the capability to make vast sums of money very quickly, as we always need banks!
and the media have bean trying to point out the UK is a broken economy and has no money for the last 3 years at least, which it's relay the case.
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Meaningful research perhaps not, but the numbers in that article are taken from decent sources. Wikipedia is just useful for lists like that because whilst CIA world factbook is great reading (
) it doesn't tend to have comparison tables of countries...
Caporegime
z0mg cia its all a conspiracy run for teh hillz...
I’m only 22, I haven’t taken an interest in politics for much of my life, but since starting my degree and becoming a regular follower of the economy and what happens, and I cannot believe the things that politicians get up too.
How can someone like Gordon Brown who has become so VASTLY unpopular with the British people, and so obviously incompetent, continue to lead this country, it from where I’m sitting, defies all common sense and logic.
He has to call an election by 2010? I mean what? He has a choice? Surely someone as important to the country should be someone the people have faith in and inspires confidence in his decisions? Gordon Brown does none of the these.
How can someone like Gordon Brown who has become so VASTLY unpopular with the British people, and so obviously incompetent, continue to lead this country, it from where I’m sitting, defies all common sense and logic.
He has to call an election by 2010? I mean what? He has a choice? Surely someone as important to the country should be someone the people have faith in and inspires confidence in his decisions? Gordon Brown does none of the these.
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Associate
Just hope he gets a "vote of no confidence" then, bean i while since that happen, also remember you vote for an MP, they form a government, who chose a prime minister, we have little say in the matter
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Caporegime
No it doesn't. The laws of this country state that he is permitted to lead the nation until his party is voted out of office or he is removed by his party.
Yes, he has a choice. That's the law.
And I am not a Labour supporter (I didn't even vote for them in the last election) but I think it's fair to say that Gordon Brown has a lot more support than you give him credit for.
But when you look at the amount of productive labour the UK has teh highest debt level per citizen than the states.