Friday 28 October 2022

I should be so lucky

 Much doom and gloom about the economy runs through every news outlet, even in the wake of the new governance under ‘Rashid Sanook’. In fact, it may even be because of the new governance. Notwithstanding the left’s hatred of anybody other than themselves trying to fix the things they believe are wrong, the simple truth is that, socially, intellectually and economically Britain is fucked.

We no longer make anything in any volume, we no longer trust our own people to be competent in any kind of work and we are beholden to the money markets to funnel their illicit gains through the greedy hands of a tiny few in the City of London. So, should we ever try to stand up against the trafficking of finance, the national income is stifled and we are left with the impossible task of begging for yet more borrowing.

We have mortgaged the family home to the hilt and are facing redundancy, and just like the PFI-financed NHS we may soon owe more in rent that we can possibly earn. Imagine it; Britain, the country which practically invented the modern world, including its financial institutions and all that makes it work, failing to make it work for ourselves. It’s like selling the blueprints to China in the expectation that they won’t use them to out-compete and undersell us.

The former colonies can kiss goodbye to any thought of reparation – soon we will need to go cap in hand to them just to sustain ourselves for another year, another month… another day. And nobody knows – literally nobody knows – what can be done about any of it. The machinery is too complex to be able to decommission any part of it without causing collapse in other parts. Every action has consequences, but we can’t predict what they might be.

Every man and his dog has quick-fix solutions based on little more than ignorance and prejudice. In the case of idiots like the Labour MP Richard ‘Benny’ Burgon it is wealth tax, windfall tax and generally 'eat the rich'. Same tired, old, discredited soundbite policy on the hoof without a thought for what happens next. Then the luvvies, the minted soap stars, sports stars and models, come out with their ‘be kind’ claptrap, as if they alone possess empathy for their fellow man, insulated as they are from the fallout of inequitable sharing.

Benny: same old, same old...

Even the ‘experts’, the economists, have the luxury of never really having to see their projects through, and never having to say sorry. As government advisors, when they fail it is put down with a shrug to eternal forces and off they go to come up with another new pet theory. But, whatever that theory there can be little doubt that what passes for capitalism, at least in the UK, is pretty largely broken.

There is hope, however: being an economist is easy, as is making your first million, as is becoming the richest man in the world. All you have to do is have a great idea, a keen work ethic, the balls of steel which come with absolute self-belief… and a shit-tonne of pure, unadulterated luck. Without good fortune, all that hard work will often yield nothing. So, the solution is plain enough - stay lucky.

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