rcx132
Philip
- Messages
- 3,030
- Location
- London, UK
I only have basic knowledge so am happy to be corrected. But I understand that pulling out of post war recession is common, people were more united, and I believe you're making up for lost growth. Things are harder now because as a country we've under invested, politics are polarised, we haven't stayed ahead, and we didn't get the expected trade deals to acquire supplies and sell our goods.im going to post this link up as i dont want to make it political the reference is only used to point too
how well we pulled out of a reccession in 1945 compared to the digital age of now 2008 yet in 2023 it will be even worse to pull out of it
the graph shows with industry behind us and people spending on items our economy had the biggest growth
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The Tories just got a stark warning to 'learn the lessons' of the past
With economic chaos looming, the TUC has come out with an alternative 'road map' out of recession. And there's no austerity in sight.www.thecanary.co
In all this talk of keeping manufacturing in our borders, there's another thing to consider. Even if we avoid using cheaper foreign supplies, other countries *will* use them. So our foreign competitors will produce goods and services for cheaper and make us less competitive. Suddenly the industries you've saved by stopping imports can no longer sell their goods.
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