Economics of the mad house!

EddieM said:
Let's turn the knife. 7 out of 10 of the top 10 ranked univerities in the EU occupying nos 1,2 & 3. By far the most noble laureates in the EU (yep even removing non uk born nationals)

The foremost financial centre of the world. 2nd Biggest exporter of TV programmes in the world, dwarfing anything from the EU. 3rd or 4th largest music industry in the world.

7th in the world for applying for international patents, not too bad for a non industrialised country.

Top of the medal tables in the European games this year.

I could go on .... but clearly in certain people's eyes... we're rubbish.
Click to expand...
Care to tell us the proportion of our economy reliant on the service industry and the proportion based on manufacturing?

Probably not...

Because it's kind of embarrassing!

But related to the original topic, here's an example of what is going wrong in our privatised education system in general....

https://www.bbc.co.uk/news/education-45472189

'not too bad for a non industrialised country', eh? (y)
 
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ellal said:
Care to tell us the proportion of our economy reliant on the service industry and the proportion based on manufacturing?
Click to expand...

Pretty much the same percentage as France, US and many other countries.
 
Won't all manufacturing by done by robots anyway?
Then, us non-manufacturing countries will be looking preeetty smart :LOL:
 
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Notch7 said:
Pretty much the same percentage as France, US and many other countries.
Click to expand...
But much less than the EU as a whole...
And the same goes for agriculture!

So unless we get financial passporting, our economy is in the proverbial...

But you don't seem to care about the rip off education system that we have...
Why not?
 
ellal said:
But much less than the EU as a whole...
And the same goes for agriculture!

So unless we get financial passporting, our economy is in the proverbial...

But you don't seem to care about the rip off education system that we have...
Why not?
Click to expand...

EU

Agriculture 1.5%
Industry 24.5%
Services 70.8%

UK

Agriculture 0.6%
Industry 19.2%
Services 80.2%
 
EddieM said:
EU

Agriculture 1.5%
Industry 24.5%
Services 70.8%

UK

Agriculture 0.6%
Industry 19.2%
Services 80.2%
Click to expand...
As I said...

But look at the most successful economy in Europe, and see what their industrial/services figures are...

Of course their services sector is about to get a boost...
Will the UK industrial base be able to compensate?
 
Germany

agriculture 0.6%
Industry 30.1%
Services 69.3%

France

Agriculture 1.6%
Industry 19.4%
Services 78.9%
 
agricultural land: sq Km / 1000 people

EU 3.9

UK 2.9

I wonder UK agriculture is less......
 
EddieM said:
Germany

agriculture 0.6%
Industry 30.1%
Services 69.3%

France

Agriculture 1.6%
Industry 19.4%
Services 78.9%
Click to expand...
And each country in the union freely supplies/trades with the others...

Something that it appears the UK is about to lose!

Still, at least we have the much vaunted 'northern powerhouse' to look to...

And the rest of us can just 'dig for victory'...(y)
 
Notch7 said:
agricultural land: sq Km / 1000 people

EU 3.9

UK 2.9

I wonder UK agriculture is less......
Click to expand...


Could be to do with the inconvenient fact that Lands end is further north than any of the lower US 48 states, but then Ellal probably thinks Edinburgh is east of Cardiff :D
 
ellal said:
And each country in the union freely supplies/trades with the others...

Something that it appears the UK is about to lose!

Still, at least we have the much vaunted 'northern powerhouse' to look to...

And the rest of us can just 'dig for victory'...(y)
Click to expand...
Yes, but do you think really that everyone is going to stop trading with the UK? Do you really think that it's going to be some sort of armageddon come March next year and the UK will either starve, die of illness or some horrible other way because they left brexit?!!
 
sodthisforfun said:
Yes, but do you think really that everyone is going to stop trading with the UK? Do you really think that it's going to be some sort of armageddon come March next year and the UK will either starve, die of illness or some horrible other way because they left brexit?!!
Click to expand...

has somebody actually suggested that?

Apart from you?
 
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