ok so even the optimists around here will probably now agree that the world is in deep poop. firms are going belly up faster than clunk can spam. Banks, hedge funds, insurance etc, retail, manufacturing, tourism, leisure the list goes on!
now my take on the "global downturn" which has been said before is;
i think that we are heading for times as hard as the great depression, and if our governments don't act correctly we could be heading for the deepest depression ever (riots and French revolution style justice on the bankers). i also think that no matter what we do times will be hard for a long time.
ironically, i think that countries like Iran/North Korea and other countries that have had international sanctions over the "growth period" will fair very well in this period as they have become very self dependant. i think world domination by the US is over for good, and a global balance will emerge, countries will need to work together more than ever but ..... they will all need their own individual solution to this crisis.
i think the UK needs to drop capitalism all together as its always the power hungry and greedy that get to the top, and its these same people who i would describe as A BIT DODGY, and have now shown that they can not be trusted. We are in the crap now and its their fault.
now im sure a lot of people here on Hexus and people read who are not yet members (join its nice here) will think i am "off my head" and to a certain extent they would be right, but.. here's what i think needs to happen.
we need as a country come together, the divide between rich/poor, left-wing/right-wing Muslim/Christian, young/old is, at the moment increasing (apart from young and old which will remain constant lol). we need to turn this country into a massive self-sufficient island. we need technology to get out of this mess were in, CLEAN and GREEN technology. if anyone has seen the Coconut revolution they will know what im talking about..... im talking about stopping our dependence on oil, gas, we need to reuse and not just recycle. we are inefficient as a nation and this needs to stop. As an example, why do we need to have 1000's of different shaped bottles, carling, grolsch, coca-cola, lemonade, when we could just have a few designs that are reused by all the different brands, if the brands don't like..tough! we need to cut down on our waste, insulate our homes, and open green power stations. Solar, wind, wave, geothermal techs, nano techs to cut down on unnecessary work and energy waste. new transport ideas, we need to grow more of our own foods, and cut down on imports. All this will not only make our nation better off in the long run but will create 100,000's of jobs, skilled, semi-skilled and unskilled. wages also need to be capped, and poverty wiped out, at home and globally. What im talking about sounds a lot like Socialism.. but its more like a new green socialism with the incentives for innovation being something other than greed.
I don't know if this political system has been named before but id like to call it Grolschialism, god i can't believe im pissed at this time on a Thursday.
P.S did anyone else notice the global meltdown started at the same time as the LHC... lol haha were all DOOOMed ..![]()


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