2023 - Where are we ?
Discussion
Twincam16 said:
In terms of socio-economics, maybe I've read too much of what Stephanie Flanders was saying, but I reckon there will be increased tension between London and the rest of the UK.
If our currency remains strong, it will continue to benefit London to the detriment of the rest of the country. The economy may even show 'growth' only in terms of London, while the rest of the country stagnates.
This could actually provide an interesting proposition for Scotland. Rather than separating from the UK, a UK with an independent London, with its own microcurrency complete with its own exchange rate, could be in place instead.
It's possible microcurrencies could form outside of existing economies anyway. Perhaps certain investment banks might start operating on a completely different currency in order to separate themselves from Sterling and the Euro, and governments could trade with them.
Either way, if something isn't done to separate the volatile world of investment banking with the high street and the people who use it, whose main concern is stability, then we'll suffer.
I think there are some interesting, radical economic changes ahead. They will need making, and both laymen and bankers will kick up a fuss, but it needs doing and will happen.
i dont even know where to start with this. unsubstantiated illogical twaddle.If our currency remains strong, it will continue to benefit London to the detriment of the rest of the country. The economy may even show 'growth' only in terms of London, while the rest of the country stagnates.
This could actually provide an interesting proposition for Scotland. Rather than separating from the UK, a UK with an independent London, with its own microcurrency complete with its own exchange rate, could be in place instead.
It's possible microcurrencies could form outside of existing economies anyway. Perhaps certain investment banks might start operating on a completely different currency in order to separate themselves from Sterling and the Euro, and governments could trade with them.
Either way, if something isn't done to separate the volatile world of investment banking with the high street and the people who use it, whose main concern is stability, then we'll suffer.
I think there are some interesting, radical economic changes ahead. They will need making, and both laymen and bankers will kick up a fuss, but it needs doing and will happen.
fbrs said:
Twincam16 said:
In terms of socio-economics, maybe I've read too much of what Stephanie Flanders was saying, but I reckon there will be increased tension between London and the rest of the UK.
If our currency remains strong, it will continue to benefit London to the detriment of the rest of the country. The economy may even show 'growth' only in terms of London, while the rest of the country stagnates.
This could actually provide an interesting proposition for Scotland. Rather than separating from the UK, a UK with an independent London, with its own microcurrency complete with its own exchange rate, could be in place instead.
It's possible microcurrencies could form outside of existing economies anyway. Perhaps certain investment banks might start operating on a completely different currency in order to separate themselves from Sterling and the Euro, and governments could trade with them.
Either way, if something isn't done to separate the volatile world of investment banking with the high street and the people who use it, whose main concern is stability, then we'll suffer.
I think there are some interesting, radical economic changes ahead. They will need making, and both laymen and bankers will kick up a fuss, but it needs doing and will happen.
i dont even know where to start with this. unsubstantiated illogical twaddle.If our currency remains strong, it will continue to benefit London to the detriment of the rest of the country. The economy may even show 'growth' only in terms of London, while the rest of the country stagnates.
This could actually provide an interesting proposition for Scotland. Rather than separating from the UK, a UK with an independent London, with its own microcurrency complete with its own exchange rate, could be in place instead.
It's possible microcurrencies could form outside of existing economies anyway. Perhaps certain investment banks might start operating on a completely different currency in order to separate themselves from Sterling and the Euro, and governments could trade with them.
Either way, if something isn't done to separate the volatile world of investment banking with the high street and the people who use it, whose main concern is stability, then we'll suffer.
I think there are some interesting, radical economic changes ahead. They will need making, and both laymen and bankers will kick up a fuss, but it needs doing and will happen.
Twincam16 said:
fbrs said:
Twincam16 said:
In terms of socio-economics, maybe I've read too much of what Stephanie Flanders was saying, but I reckon there will be increased tension between London and the rest of the UK.
If our currency remains strong, it will continue to benefit London to the detriment of the rest of the country. The economy may even show 'growth' only in terms of London, while the rest of the country stagnates.
This could actually provide an interesting proposition for Scotland. Rather than separating from the UK, a UK with an independent London, with its own microcurrency complete with its own exchange rate, could be in place instead.
It's possible microcurrencies could form outside of existing economies anyway. Perhaps certain investment banks might start operating on a completely different currency in order to separate themselves from Sterling and the Euro, and governments could trade with them.
Either way, if something isn't done to separate the volatile world of investment banking with the high street and the people who use it, whose main concern is stability, then we'll suffer.
I think there are some interesting, radical economic changes ahead. They will need making, and both laymen and bankers will kick up a fuss, but it needs doing and will happen.
i dont even know where to start with this. unsubstantiated illogical twaddle.If our currency remains strong, it will continue to benefit London to the detriment of the rest of the country. The economy may even show 'growth' only in terms of London, while the rest of the country stagnates.
This could actually provide an interesting proposition for Scotland. Rather than separating from the UK, a UK with an independent London, with its own microcurrency complete with its own exchange rate, could be in place instead.
It's possible microcurrencies could form outside of existing economies anyway. Perhaps certain investment banks might start operating on a completely different currency in order to separate themselves from Sterling and the Euro, and governments could trade with them.
Either way, if something isn't done to separate the volatile world of investment banking with the high street and the people who use it, whose main concern is stability, then we'll suffer.
I think there are some interesting, radical economic changes ahead. They will need making, and both laymen and bankers will kick up a fuss, but it needs doing and will happen.
the reason i can't respond any more 'constructively' is you havent given any reason why any of this might happen.
RichB said:
We will have shifted away from tribal two party politics after several hung parliaments cause the more intelligent thinkers to understand how it all works. We will have re-nationalised the essential services of water, energy and transport and will only provide benefits to bring recipients up to the national wage which incidentally will also be the level at which personal taxation will start. At home we will have invested in schools, fire & police and hospitals but slashed excessive management levels in all services. The financial sector will continue to flourish in the City and British industry will have been encouraged to grow thorough incentives. We will have radically reformed the stamp duty to remove the antiquated stepped system which will in turn energise the housing market and building industry generating more jobs. Meanwhile abroad the Euro will have all but disappeared after several failed attempts to prop it up and the EU will continue to be in a constant state of disarray with Germany pulling the strings meaning globalism will no longer be seen as the universal panacea some believe it to be. The UK will increase trade with other non-EU countries such as China and the far east. Oh and I nearly forgot, Scotland will still be part of the UK.
Or it will still all be st - who knows?!?
This^^^^ except the level at which personal taxation will start. Also think number of white GB born Christians will continue to diminish massively as a % of population.Or it will still all be st - who knows?!?
RichB said:
We will have shifted away from tribal two party politics after several hung parliaments cause the more intelligent thinkers to understand how it all works. We will have re-nationalised the essential services of water, energy and transport and will only provide benefits to bring recipients up to the national wage which incidentally will also be the level at which personal taxation will start. At home we will have invested in schools, fire & police and hospitals but slashed excessive management levels in all services. The financial sector will continue to flourish in the City and British industry will have been encouraged to grow thorough incentives. We will have radically reformed the stamp duty to remove the antiquated stepped system which will in turn energise the housing market and building industry generating more jobs. Meanwhile abroad the Euro will have all but disappeared after several failed attempts to prop it up and the EU will continue to be in a constant state of disarray with Germany pulling the strings meaning globalism will no longer be seen as the universal panacea some believe it to be. The UK will increase trade with other non-EU countries such as China and the far east. Oh and I nearly forgot, Scotland will still be part of the UK.
Or it will still all be st - who knows?!?
Most of that sounds great - if all of those things happen by 2023 I'd be happy. Apart from the bit about Scotland being part of the UK.Or it will still all be st - who knows?!?
Continued increase in SME as people realize it is the only way to build a career outside of the existing specialities such as sciences, pharmaceutics, high tech. Entrepreneurship will increase and high value will be placed upon traditional craft skills, such as hand made traditional furniture.
The town high streets will start to be converted into domestic living areas. 'Blue Water' style shopping (small scale) will take the place of the High Street.
MWR will be a code of practice rather than a legal requirement.
Home ownership will be boosted with developers offering smart clever house designs incorporating technology and insulation levels that drastically cut energy use.
Fracking will be the normal every day activity.
I will still be ruing the day our coal-mines closed.
The town high streets will start to be converted into domestic living areas. 'Blue Water' style shopping (small scale) will take the place of the High Street.
MWR will be a code of practice rather than a legal requirement.
Home ownership will be boosted with developers offering smart clever house designs incorporating technology and insulation levels that drastically cut energy use.
Fracking will be the normal every day activity.
I will still be ruing the day our coal-mines closed.
On the verge of simple AI. AIDS not cured but lifespan with is the same as without. Some highways in Western countries are certified for self driving cars. Google glasses replace smartphones. First person has a simple brain-machine interface and can mentally type in website adresses.
Iran has experienced a counter-revolution and the mullahs are out. In another 10 Iran becomes the Germany of the Middle East.
Some Arab countries have failed as an idea and the population is split between Islamism and a form of "Humanism" in a low level civil war. Arab countries as a concept is about to end transforming into self governing lands. Islamism in general begins a rapid downward spiral as an idea.
North and South Korea are on the path to reunification.
Regular tourist flights to lower space cost under 50,000 GBP.
China is convulsed by massive protest movements. Lot's of displaced people from areas made uninhabitable from polution threaten the stability of the state. China ceases to be the go-to production country and is replaced by Africa. Technology advances so quickly that China who simply copies it is left behind and is trying to catch up.
Iran has experienced a counter-revolution and the mullahs are out. In another 10 Iran becomes the Germany of the Middle East.
Some Arab countries have failed as an idea and the population is split between Islamism and a form of "Humanism" in a low level civil war. Arab countries as a concept is about to end transforming into self governing lands. Islamism in general begins a rapid downward spiral as an idea.
North and South Korea are on the path to reunification.
Regular tourist flights to lower space cost under 50,000 GBP.
China is convulsed by massive protest movements. Lot's of displaced people from areas made uninhabitable from polution threaten the stability of the state. China ceases to be the go-to production country and is replaced by Africa. Technology advances so quickly that China who simply copies it is left behind and is trying to catch up.
Mark Benson said:
crankedup said:
I will still be ruing the day our coal-mines closed.
You never know, we might even have reopened some by then when Qatar gets taken over by jihadists and we can't buy their gas....Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff