Britain's Decay
London theater is good as ever but Britain's economy is behaving in a highly unusual way. It is increasingly unable to export industrial products and financial services, despite the huge devaluation of the sterling since 2008: 30% against the dollar, 50% against the yen, and 20% against the euro. The only increase was in primary commodities – oil, minerals and food. British economy has been changing backwards in terms of its sophistication, in fact, Britain stopped performing according to standard economic models, it is not my imagination, it really is rotting inside. As a lifelong Anglophile, I can only pray that the British people finds the internal strength to remake itself.
47 comments:
Ah well, some people have to hit rock bottom before they get better.
The future for England is civil war.
Watching what is going on in Syria, I wouldnt want that for anybody.
The country is essentially the victim of:
1. Hard line communist trade unions, whose mission was to destroy capitalism rather than safeguarding British industry;
2. Anti-white Marxist academics who permeat the universities and bureaucracies, filling the minds of impressionable young people with guilt, disloyalty, political correctness and self-hatred;
3. Inbred, upper class fools who have completely failed to either comprehend the realities of the situation or look after the national interest
4. A short-sighted business community who thought North Sea oil was a sustainable export commodity, and that financial services was a substitute for manufacturing
5. A treasonous, mendacious and corrupt political class who have pimped the country, getting rewards in return for allowing mass-immigration that has utterly demoralized white Britain and will surely result in a considerable hotting up of the civil war (which has already started in fact).
6. Abandonment of, and contempt for, the "racist" colonial Anglo diaspora in South Africa, Rhodesia and elsewhere.
As a colonial Brit, whose family suffered greatly as a result of standing by Britain in the 2 world wars, I can only look on the country now with shame, and a growing sense horror and foreboding.
Ditto in fact for most of "Europe".
Anon.
Time for absolute monarchy? Princes William and Harry are young, virile, and military veterans. They could provide the iron fist needed to restore order.
London is the NWO groundzero since the 19th century with Disraeli, Rothschild and the jewish cousinhood.
@ Anonymous 4:00 AM -
The British Empire expanded under Disraeli, and Britain was then preeminent in the world. He has nothing to do with the post-WWII British malaise. Your Jewish fixation is a sign of mental illness.
The deliberate flooding of Europe with anti-Semites does not immediately bring to mind a Zionist plot.
Anon.
Anon, the UK today is literally not the same country that your family fought for.
K
The Economist publishes today an article on Britain's economy. It says that in its 150 years history there was never a crisis that did not resolve itself in a few years. What is happening today is highly unusual and The Economist is lost for words of advise. That is also unusual.
It is almost as if when you replace a population with a more manageable one, the replacers don't take on the productivity of the replaced through some unspecified magical process. Obviously this is not reasoning one could express in the Economist, unless the resurrected corpse of Thomas Carlyle is put in charge (I'd buy a subscription.) Imagine "The Nigger Question (Revisited)" running in installments in the Economist.
They do if you bring in the right population - if you bring in shtetl Jews, Koreans, etc. and educate them, they become engineers, doctors, etc. that are every bit as good (better) than the "natives". If you bring in Mixtecs and Africans, they don't.
K
The population of Britain is still 85-90% native British. I don't doubt that undesirable immigrants play a role in the crisis, but there has to be more. The native British underclass has become quite feral ("chavs") and has grown as the working class has declined. The educational system has also declined with the ending of the grammar school system in favor of comprehensive schools. At the opposite end of the spectrum from the chavs, one sign of decline in educational standards is A-level grade inflation over the past 25+ years. UK immigration policy, though not defensible, can't explain all of that.
The Economist is prominent amongst the category of institutions responsible for the current state of Britain.
What they (and the Guardian) ought to do is publish a massive "mea culpa", advocate fiercely for a moratorium on immigration, and a mass deportation program; and help find a Cromwell who can shock the country out of its malaise.
Same goes for the BBC.
Chances of any of that happening are effectively zero, until there is a complete breakdown.
Which, by the way, nearly happened not so long ago.
Anon.
There's no evidence that imported Koreans make better engineers than European natives. German engineering is still the best. The USA went to the moon with Midwest American engineers. European countries don't need to import talent. See also recent article showing quite clearly that so-called "high skilled" immigrants do either less well or at best equal to non-immigrant specialists.
http://www.epi.org/publication/bp356-foreign-students-best-brightest-immigration-policy/
I understand you're stomping for Jewish professionals, but I wouldn't put Koreans and others on the same level, and even so, it's unclear what America gained overall by allowing anyone other than north and northwest Euros from coming over.
Yeah, the US gained nothing from anyone who was not a northern European. Einstein, Oppenheimer, Salk, Fermi, von Neumann, Teller, Ulam, Rabi, Feynman, Gell-Mann, etc. - nothing. I could go on and on.
By the way, one of the largest minority groups in America you did not "allow" to come, you brought them over in chains. You brilliant N. Europeans did great with that one. Heck of a job, Whitey.
K
K,
He might be inclined to retort that your list is a bit heavy on theoreticians whose major foray into practical work was a weapon that many view as a curse. The cotton gin, mechanical reaper, incandescent light bulb, transistor, and other products of great practical utility were the products of American Whites of Northern European ancestry.
The idea that the atom bomb wouldn't have been developed without Jews is silly.
No one is denying the genius of Jewish scientists anyway...please read the article I linked. It shows quite clearly that "the best and the brightest" from foreign countries perform quite poorly in the US; in other words, you're wrong about the supposed brilliance of the Korean engineers.
The Jews you mention built reputations in their own countries before coming to the US by the way. How far is that true of the legions coming in on work visas to replace American engineers for cheap wages? Why are you making such a dishonest argument, comparing Einstein or Fermi to a Tamil coming in on a work visa to write crap code?
I wasn't comparing Einstein to a Tamil coder - you were the one who said that no one aside from NW Europeans ever contributed anything to America. I was just pointing out how ridiculous it is to say that.
K
Allowing actually the top minds of one's time to come in is different than deliberately trying to replace your own engineers with foreign ones who are actually not as good. The latter is motivated only by the greed of large companies that want to pay lower wages...
Even if we allow that the Jews were a good idea for the US (overall a questionable proposition; for every good Jewish doctor, engineer, scientist, entertainer, how many Jewish lawyers or financiers or cultural studies professors or Jewish lesbian nutcases on the make are there?), that's a very small population. Not sure what the Irish, Italians, Poles were supposed to add that the N. Euros didn't have. Why add the tensions of diversity when this isn't necessary?
Anyway, gay Britan is gone.
Not sure what the Irish, Italians, Poles were supposed to add
They were supposed to add strong backs to dig coal, build the railroads, etc.
K
What J calls decay is the price of success.
An imperial center does not produce stuff. It just takes.
So of course it has no manufacturing prowess.
It goes towards a quaternary economic model. Like Rome or Assyria.
Or Spain , or Portugal. Or US now.
Strong productive nation becomes military strong. The becomes an empire.
Tributes start to flow. Then it becomes a quaternary economy - based on counting the tributes - and incredibly looses its military edge.
It seems like an unavoidable social and economic evolution.
Jewish lawyers or financiers
Yeah, who needs a legal system or a banking system anyway? Disputes can be settled with fisticuffs and good Christians will lend to each other without interest. Let's party like it's 999!
K
OT, but possibly of interest to K, are prenups now on shakier ground?
Landmark NY appeals court ruling voids prenup due to millionaire’s oral promises to wife-to-be
Yes, a little. However, these things are tied to the facts. The judge said that the husband's 'credibility was suspect.' In other words, he was a slimy Greek.
K
Disputes can be settled with fisticuffs. Good idea. A duel is even better. But I like best the trial by throwing the suspect into the river - if he swims, he is innocent, if not, God judged the criminal.
The opposite-if he floats, he's a witch, if he drowns, he was innocent.
The entire process is logically explained here:
http://www.youtube.com/watch?v=zrzMhU_4m-g
K
> Yeah, who needs a legal system or a banking system anyway?
It's sad how many actually believe this. There's doing things, and there's deciding what to do. Finance is deciding what to do (and who should do it).
How much insight does it take to see that deciding to do productive things, rather than unproductive things, is good for society?
-R
"It's sad how many actually believe this. There's doing things, and there's deciding what to do. Finance is deciding what to do (and who should do it).
How much insight does it take to see that deciding to do productive things, rather than unproductive things, is good for society?"
You are completely right. But...
As always in real world things become murky with the passing of time.
An industrial system needs a very complex mechanism of command and control of capital flows. We are talking about industrialism as a system, not capitalism or communism.
The financial structure doing the command and control proved to be more efficient in allocating capital resources in a rational manner towards fulfilling various productive activities.
It represented 5% of GDP. Quite a high number compared to the same planning structures of the Eastern block. But it was a god expense.
People making the allocations and taking decisions got to keep a part of the net results if they made good allocations of capital.
It worked much better then any other human endeavour. No small thing.
But now they consume/represent 26% of GDP. And managed to squander the capital resources of society on bulding shacks in all sort of places on US teritory, pumping up various bubbles, from IT to hydraulic fracking etc.
It is pretty obvious the mechanism is completely broken. It either steals outright or wastes societies resources.
It has become a cancer. A parasite killing its host.
So yes in this case the entire system loses legitimacy. Unfortunately instead of liquidating the financial class I do believe the entire system will be replaced. It can no longer be reformed. It has grown so big and strong that it host can no longer fight it. So the host will inevitably die.
It is not the only area where this development can be noticed.
USSR has some 1.5 mil security people in the 80s. And went out of business. Not clear what such a huge army of useless eaters was "securitizing".
J. Stalin managed quite fine with tens of thousands.
US goes now through the same process. According to an analysis made by NYT it has in its 16 ( sixteen) security agencies around 1 mil people with top secret clearance. Those is I suppose the definition of a security officer.
What are they securitizing is just as unclear as in Soviet case. US managed to win the cold war with tens of thousands.
It is obvious that a country, especially a powerful one with many enemies, need a strong internal/external security apparatus. It is a vital immune system.
But when it starts growing and goes into the range of millions of officers - or equivalent, precise word used matters little - it ain't security apparatus anymore.
It is cancer. Leukemia.
The cases I outlined above are about vital organs of the complex organism which is human society.
If they consume a moderate amount of nutrients/resources they do a moderately good job then everything is fine.
But if they start consuming such a large amount of nutrients/resources as to deprive other vital organs of the necessary amount and start behaving erratically then the organism/society is in great peril. If it can not treat itself as to restore a more adequate/sustainable balance it will perish/collapse.
Hope I managed to define the issue I am thinking about.
>J. Stalin managed quite fine with tens of thousands.
No. The security apparatus ran to at least hundreds of thousands. I can't find comprehensive numbers for the foreign intelligence apparatus, the domestic intelligence apparatus, the police forces, the interrogators, prison guards and executioners, the GULAG convoy troops and border troops, but the NKVD was a huge machine.
>US managed to win the cold war with tens of thousands.
Hundreds of thousands at least.
Those quibbles aside, you are right that the middle manager classes have metastasized and continue to grow at the expense of the rest.
>J. Stalin managed quite fine with tens of thousands.
No. The security apparatus ran to at least hundreds of thousands. I can't find comprehensive numbers for the foreign intelligence apparatus, the domestic intelligence apparatus, the police forces, the interrogators, prison guards and executioners, the GULAG convoy troops and border troops, but the NKVD was a huge machine.
>US managed to win the cold war with tens of thousands.
Hundreds of thousands at least.
Those quibbles aside, you are right that the middle manager classes have metastasized and continue to grow at the expense of the rest.
B - In your imagination, the GULAG apparat was enormous. Not so. Russians have a mujik like servant mentality, there were no real internal enemies. The GULAG was forced labour machine to build large civil works in very primitive and faraway places, like the Volga-Don Canal, the Vorkuta mines, etc. There is much exaggeration about the real repression policy of Stalin (the Father of the Country). For example, it was said that in the Stalingrad Battle the Russians decimated their own forces pour encourager les autres, but it is not true, the Russian soldier fought like a lion for his country. They saw what the Germans did to conquered areas. By the way, it appears that the allied forces (Hungarians, Rumanians, Croats, etc.) who were in charge of "keeping order" on the already conquered Russian territory (because they were useless as fighting force) did the most terrible massacres. The Hungarian Army burned and killed all the villages in a 500,000 sq.km. area. My Father had a very bad opinion of the Hungarian "heroes" - he was there as slave auxiliary forces.
Do you have any supporting figures?
"B - In your imagination, the GULAG apparat was enormous. Not so."
I have the exact numbers from hmmmmm early 30s. Do not have the book at hand.
Soviet army was around 600 000 men and NKVD troops - the muscle and border guard inthe same time - around 30 000.
NKVD officers in the range of tens of thousands, do no remember exact numbers.
The huge metastasis of Soviet security and army was a post Stalin's death. Back then an astute observer could have predicted the inevitable demise of the Soviet state. Just like Eisenhower could do it for US back in the 60s.
Soviets managed to keep things under control more or less until Hrusciov's demise. It was downhill from then on. US managed to keep things in check up the 9/11. Of course huge waste by the Army like in Hrusciov era of the Soviet state, but nothing fatal. After 9/11 a new Brejnev doctrine came to the fore.
"From now on each shall take from the budget according to his power to take and according to his greed. So say we all."
It leads to a predictable result.
Just imagine someone going to any of the two strong leaders who created our modern world : FDR and IV Stalin. Saying:
" Yo boss we gonna need some 1 million security officers to win this one.
:)):):)
Why the frack do we need 1 mil of useless eaters, would have answered the boss. You imbecile or what?
You wanna make us lose the fracking war? What good can come out of having millions of useless eaters chewing up the budget except a very sure and easy to predict bankruptcy?
See the following article to understand how bad it is. Usually propaganda makes such a mess of things that it becomes very hard to make sense of the numbers.
http://www.fool.com/investing/general/2013/03/12/the-ugly-truth-about-the-federal-deficit-its-not-j.aspx
"the Russian soldier fought like a lion for his country. They saw what the Germans did to conquered areas."
I have noticed something quite interesting. Adolf managed to somehow to make the heroic side of a huge number of people come out. He made heroes like Spartans at Thermopilae out of quite ordinary men and women.
Of course they rose to the heights of bravery in order to kill him and destroy his murderous empire. But the guy managed something quite unique. I did not find any other historical case in which our specie behaved so altruistic and brave.
In the Western parts of Europe it took some time until the whole process started. Until economic meltdown under Nazi incompetent greed brought complete economic collapse and the cycle or attacks and reprisals started. But it was going very fast on the way of Eastern areas.
Only Adolf could bring such people like Mordechai Anielewicz from Warsaw of the Young guard from Ukraine to the world as selfless heroes. They died but we could see that our specie is capable of incredible acts when genocided.
Adolf brought more heroes to the world then any other man in history. He was unique.
It always amuses me.
He created the most massive group of heroes, people made the most efforts possible, even beyond what is thought possible. Just a tiny tiny mistake he made. They were not in his team. And their greatest desire , the one to justify all sacrifices , was to put him down.
I have seen some modern comments about various migrations from Africa and Asia into UK. Comments like if the British army of the 40s would have known maybe they would not have fought on.
But we can see what Germans had planned.
"According to captured German documents, the commander-in-chief of the German Army, Walther von Brauchitsch, directed that “The able-bodied male population between the ages of 17 and 45 will, unless the local situation calls for an exceptional ruling, be interned and dispatched to the Continent”. This represented about 25% of the surviving population. The UK was then to be plundered for anything of financial, military, industrial or cultural value,[83] and the remaining population terrorised. Civilian hostages would be taken, and the death penalty immediately imposed for even the most trivial acts of resistance."
Seems to me that even if they did not imagine what the Nazis had planned the decision to fight Adolf tooth and nail was the correct one.
Adolf spawned heroes like no other man in history.
The BEA calculates a mere 5.1% of GDP in finance for 2011, which they break out into banking and lending, securities, and investment funds.
I've seen that 26% number thrown around before. I have no idea where it comes from - but not from reality.
http://www.bea.gov/industry/gdpbyind_data.htm
-R
I am not convinced of the reliability of Shirer (the source of the quote about the documents-I can't find another.) He was, after all, a member of the American paragovernmental apparatus.
The heroism and dedication of the Soviet troops were occasional. The typical behavior can be gleaned by reading the memoirs on iremember.ru and by noting the prisoner stats from 1941-1942 (when it looked like the Germans might win,) as well as looking at the number of Hivis.
Here you go: http://iremember.ru/razvedchiki/popov-vasiliy-nikolaevich/stranitsa-4.html
Notice that this guy's reconnaisance troops were basically unwilling to do their jobs.
Dear R,
You are right. I should have detailed more.
The number refers to FIRE industries. Finance, Insurance and real estate.
Strictly the financial part of rel estate. Building is counted at real industry.
The entire FIRE sector is financial oriented. It is composed entirely of financial schemes in various forms.
It adds very little to real GDP.
That is the number you saw. It is used in many places without going into details. It is like separating Ted Bundy's right hand from his left. It is true he was chopping his victims with his right hand. But there is no need to enter into details to explain that he was holding them with his left one when chopping. We say Ted did it and usually we do not detail the organs he used.
About the war in the east.
I understand your view B , due to the simple fact that I had the same one until a few years ago.
Then I have started to notice that numbers did not add up.
So the whole media construction had to be quite fake.
Numbers like
:"the "irrevocable losses" (the number of soldiers who were killed in military action, went MIA, became POWs and died of non-combat causes) was 11,285,057 for the USSR, 6,231,700 for Germany, 6,923,700 for Germany and its occupied territories, and 8,649,500 for all the Axis forces on the Eastern Front. Thus, the total ratio of Soviet to Nazi military losses was 1.3:1."
In the begining due to various reasons - I shall detail below - Soviet army surrendered by the millions. An enormous number, 5 million.
Afterwards Adolf started to work his magic and he spawned heroes by the millions in the Soviet camp.
If we deduce the huge number of prisoners taken in the begining stage - taken as in they went to the other side, like Italians in Africa - then numbers showed that surviving soviet troops mopped the floor with the Herrenwolk. Crushed them completely. Those surviving 70-80 mil Russians plus their 30-40 mil Uzbek, Kirghiz , Armenian, Jewish etc allies mopped the floor with 90 mil Germans plus their 90 mil allies plus their 150 mil subjects. And suffered lower losses in doing this, even while having technologically inferior equipments and a much lower education level.
If Russians were stupid and cowardly how would this line of thought make us see their much more numerous , better educated and equipped opponents?
As belonging to inferior races?
That was Adolf's idea in the end anyway. That it was all a mistake and Russians were the superior race. But he was a stupid and evil little man so his opinion counts little.
Second part of the echo to B.
Above was detailed the violence aspect of what is a sociological problem.
Now some economic aspects of the same problem , explaining the huge losses from the beginning for the Soviet side.
USSR embarked on a huge industrialization and urbanization program in the 30s. very large and very fast.
In order to do this huge capital resources were needed.
The guy who managed the whole program explained himself the problem he had at hand.
Capital can be obtained from colonies - USSR had none, be borrowed from abroad - but USSR had no willing lenders, or extracted from the national economy. The only possible source is logically the national economy. Djugasvilli himself put the problem in these terms.
If you extract huge surpluses from the people your popularity goes through the floor. They will not give the results of their labor willingly. So a degree of repression is needed to keep them quiet while making the extractions.
So quite logically and pretty unavoidable the Soviet government was very unpopular in 1941 and had a very low degree of legitimacy internally. Whole armies surrendered as a consequence.
From this Germans drew the wrong conclusion that they are some sort of military supermen.
In the second stage of course After Adolf worked his magic and gave a great degree of legitimacy to the Soviet system , surviving Russians + Central Asian/Caucasian allies proved very capable to destroy the Western invasion under Nazi cloth.
Usually a mistake in intentionally made. The huge number of soviet deaths is globally used. But it was such because Germans killed civilans and prisoners on an industrial scale.
Soviet army could have equlibrated the balance in the second stage of the war , and do it fast and easy.
But Stalin chose not to. He said that German people should not be punished for one man. That is why the number of death is so skewed. Not because Germans were good at killing Soviet soldiers. There we have what is at best is a draw, with superior leadership in the soviet camp deciding the winner. The numbers are skewed because Germans killed little girls and old men and prisoners and whatever breathing being they could get their hands on, while soviets didn't.
> Strictly the financial part of rel estate.
Teo, instead of assuming things and telling me I'm wrong, why don't you look up what the NAICS codes actually mean? Here, I'll do it for you.
Finance and Insurance:
http://www.census.gov/eos/www/napcs/finalized/web_52_final_reformatted_edited_US050310.pdf
Real Estate:
http://www.census.gov/eos/www/napcs/finalized/web_531_final_reformatted_edited_US021009.pdf
You may notice some interesting things, such as that loans to commercial developers are counted as finance. And real estate includes things like landscapers, janitors, and property managers. As well as real estate brokers and rental profits and so forth.
But let's count all of FIRE. You might have noticed that my last link had the numbers going back quite some time. For example, we can see that in the last 25 years, FIRE has grown from 18.0% of US GDP to ... 20.3% of GDP! Oh no, the parasites, they're taking over!
> It adds very little to real GDP
Then you don't understand GDP. That's what these numbers are ... value added to GDP. Choosing what to build, where to build it, and finding the tenants for it, when done properly, adds more value than actually building the thing in the first place. It's counter-intuitive, perhaps, but that's how it's been for quite a while.
-R
I did not say you were wrong. The rest of the details are open to debate.
Pumping up numbers - not you , systemic - does not change a bit the real world.
What was valid until few years ago, before Peak oil is no longer valid.
That is why I got interested in the subject. It was pretty obvious economy is in melt down mode. Nothing to prove there. You just need 2 eyes.
And yet GDP numbers held steady. I knew something was wrong. It is not something very hard to notice. No need for great intelligence or observation spirit.
As long as energy ( and as a consequence food) were cheap the financialization of economy could pass unnoticed. Fake values showing up in statistics. Debates about adding or substracting a few percents out of the whole pie are details I think.
If interested I can also check how the larger number was obtained.
The other problem is related to directing the capital flows. Pretty clear that banks and investment funds are/were absolutely unable to do it in a rational sustainable manner. Before deregulation it was possible because state structures supervised the whole flow. Investment was separated from banking also. And that is a huge difference.
The systemic failure is also something which I think does not need to be proved. One healthy eye is enough.
Creighton Abrams said about tank operators:
"Give two balls to a tank guy. He will lose one and break the other."
Exactly the same in our case. Give deposits to an unsupervised banker. He will steal a part and lose the rest. It is exactly what we can see now.
Bankers stole a part of the money they received to manage and lost the rest.
So now after leaving our capital resources in their hands for 2 decades we - as a global society - are in very very deep trouble.
As reforming the system is impossible we are in for a very rough ride.
Revolutions, wars, purges, cleansing society in the blood of the guilty, the whole menu.
We are from a financial point of view in exactly the same place as Royal France was before the Revolution. I except that the financial part of the crisis to end in max 2-3 years. The other act won't be so funny.
And there ain't no place to hide. Except Chile maybe. Those who went there 100 years ago were the winners. But i am not going there so for me it is a purely theoretical hypothesis.
Monty Python explained it to me.
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