Railjet
Member
- Joined
- 28 Feb 2009
- Messages
- 408
what happens when the UK runs out of assets to flog off?
Simple:
1. Print more money. (yorkie's quantitative easing).
2. Invest said money in new businesses to create new jobs, but produce things that no-one really wants.
3. New businesses get into difficulties and are sold off cheaply to foreigners.
4. Foreigners asset-strip or cherry-pick (insert latest jargon).
5. Jobs are lost.
6. You are left with fewer assets and jobs than before.
Repeat ad infinitum.