City bankers doomed

[sasguru]

As long as the city picks up their own bad debt and mistakes and the tax payer isn't used to bail them out, then what they have done is fine by me.

Agreed. Northern Rock should have gone bust.

[AtW]

Yes lets all make cars shall we?

Germany makes them. So is Japan. And USA also makes plenty of them - perhaps too many for their market, but still lots.

What does UK exactly do? If you ignore bribed contracts to the Saudies then it is pretty much nothing, a very sad state of affairs for the country which started industrial revolution.

[DimPrawn]

We make world class search engines in Birmingham.

HTH

[sasguru]

Germany makes them. So is Japan. And USA also makes plenty of them - perhaps too many for their market, but still lots.

What does UK exactly do? If you ignore bribed contracts to the Saudies then it is pretty much nothing, a very sad state of affairs for the country which started industrial revolution.

The Citizenship test clearly needs an Economics 101 component.
Stop typing now before you make an ar se of yourself.

[DimPrawn]

It all went wrong when we stopped making the Spinning Jenny.

PS. That's not a blow-up doll Baggy.

[AtW]

The Citizenship test clearly needs an Economics 101 component.

Germany exports cars to all around the world. France makes cars (I own one). Italy makes cars. Japan makes cars. USA makes cars. China makes cars, heck Russia makes (albeit crappy) cars, why can't UK do that? And I can answer why - because it is much more beneficial (short term) to bulltulip in the City, if people in this country go to study PhD in maths or stats they will probably do it to get a job in the City, really sad state of affairs.

[DimPrawn]

Germany exports cars to all around the world. France makes cars (I own one). Italy makes cars. Japan makes cars. USA makes cars. China makes cars, heck Russia makes (albeit carppy) cars, why can't UK do that? And I can answer why - because it is much more beneficial (short term) to bulltulip in the City, if people in this country go to study PhD in maths or stats they will probably do it to get a job in the City, really sad state of affairs.

Honda make cars in Swindon, next to the Llamas.

[sasguru]

Germany exports cars to all around the world. France makes cars (I own one). Italy makes cars. Japan makes cars. USA makes cars. China makes cars, heck Russia makes (albeit carppy) cars, why can't UK do that? And I can answer why - because it is much more beneficial (short term) to bulltulip in the City, if people in this country go to study PhD in maths or stats they will probably do it to get a job in the City, really sad state of affairs.

We make cars. Others take the risk.
HTH

Perfidious Albion

[sasguru]

I can only speculate that Alexei has gone to research the phrase "Perfidious Albion"

[TimberWolf]

Dunno, it’s a great discussion though!