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Posts
78
Comments
258
Joined
2 yr. ago

  • Competition was always going to happen it was just a question of when and to what degree. The established car makers weren't going to sit around and watch Tesla take their market share. But the rise of Chinese car manufacturers hitting the EV market has been swift and brutal. These are huge companies that are generally unheard of in the West such as BYD.

    Edit, the link is almost a year old so I suspect figures have changed a fair bit since.

  • It'd be interesting to know what percentage of those that voted for Brexit actually knew what the Customs Union was. I suspect incredibly low. Yet Brexit got through on jingoism, populism and downright lies, oh and greed.

  • I can see hundreds of small businesses going under along with thousands of jobs because of these stupid import tariffs and fees. Yet they dress it up and justify it as something good. That income stream will dry up damn quickly when the imports stop along with exports.

    Brexit has been a vote to repeatedly punch ourselves in the face.

  • Hang on, if they continue to privatise prisons so that the incarcerated are forever in debt for their keep and also provide a cheap labour force for more private companies then surely it's a win-win for this government.

    They maybe a ruthless, incompetent bunch of bastards but they won't miss a business opportunity!

    Time to get rid.

  • When Michael Portillo lost his seat in 97 it was sweet. That was my first experience of a non-tory government post childhood. But the experience of the evil farce of today's Tories makes pre-97 Major's Tories look almost desirable.

    Even the script writers for Yes Minister/Prime Minister could not have made up the last 14 years.

  • On one hand this is good news. On the other hand it represents a problem whereby employers exploit workers via low pay and causes low productivity.

    That problem isn't going away too soon unless employers change their stance in paying better wages to get better productivity.

    As the saying goes "minimum wage, minimum effort" unfortunately.

    Here's an article via the LSE on low wage and productivity.