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The End of Britain

By Euan Mearns on December 2, 2017 10:34 AM | 5 Comments

In this post I search for the underlying causes of economic malaise and explore the structure of UK GDP; UK Government and private debt levels; demographics, in particular our ageing population; Higher Education policy, in particular over-production of sub-prime graduates and lastly UK Energy Policy that is focussed on high cost inefficient energy systems.

The End of Economic Growth

5 Comments

scar | December 2, 2017 1:57 PM | Reply

Being an old guy, In my opinion there hasn't been significant or possibly any economic growth since 1970. We've inflated 10 times but I'm betting houses and cars took less hours of work than today. Our toys are different but qualitatively no better or worse.

Jamie MacMaster | December 2, 2017 7:57 PM | Reply

With the possible exception of France, it is hard to conceive of another European nation that has been so committed to suicide for so long.

Britain: a stupid little country. What Canada wants to be when it grows up.

Jamie MacMaster replied to comment from Jamie MacMaster | December 2, 2017 8:00 PM | Reply

Okay, okay! So, I forgot Sweden...

DSV | December 2, 2017 8:10 PM | Reply

Euan
I concur with your conclusions, and much of what you say, although obviously there have been and are other intricacies woven into the web of malaise that is and has been the UK since the 1960s and of course that in itself a result of British history prior to that, but you did confine yourself to four fields and post 2008 and did it well.
Of the fields you don’t touch on that have an equal drag on prosperity and the well being of UK society; the NHS, the constantly burgeoning bureaucracy, the corruption of education and history (as well as the system), the corruption of English law (Not least by civil/human rights) and the politicisation of law enforcement and dissent, the EU and the so called European Court, and last but by no means least the corruption of civil morality. The pervasive culture of the liberal socialist and progressive agendas have rendered all of those institutions (If they can be called that) rotten from the core.
I would love to be able to find a solution to the malaise, I would love to hear one, sadly like many before me I decided that the dice was so loaded that it was time to move on.

John Chittick | December 3, 2017 1:15 AM | Reply

The UK is much like most welfare states, well along the road back to Serfdom. Politically, the so called left-right "centre" is somewhere between full-on Marxists and conservative progressives fully accepting of a leviathan state presence in all aspects of economic and civil life. Any Libertarians there, the entire VW busload, might as well be aliens from another planet. That Euan supports the theft of taxes to fund the "brightest" 25% of the nation for advanced education is an example of the rationalization of the mortality of liberty in exchange for technocratic pragmatism. The solution for the UK economy as with everywhere else is three words with two of them French, Laissez-faire Capitalism.

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John Chittick: The UK is much like most welfare states, well along read more
DSV: Euan I concur with your conclusions, and much of read more
Jamie MacMaster: Okay, okay! So, I forgot Sweden... read more
Jamie MacMaster: With the possible exception of France, it is hard to read more
scar: Being an old guy, In my opinion there hasn't been read more

The End of Britain

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