F
Fred
- Jan 1, 1970
- 0
Where are you Fred ?
In the UK Margaret Thatcher really kicked this off. We are now 70% dependent on
the service sector and wait 'til that starts getting outsourced too.
Manufacturing industry is but 16-17% of GDP and much of the rest is low-wage
agriculture.
And this country was once called 'the workshop of the world'. We built everything
and anything. Now we can't even make cruise liners for the (American owned) P&O
Line and Cunard. Instead they come from Germany, France and Italy.
Graham
I'm in the states. From what little I've read, I think the economic
situation at the moment is even worse there in the UK.