Elicited two responses and I suspect some sympathy from a few others but I am not sure that I understood the reference to The Samaritans mentioned by our correspondent near Great Wakering.
John McClean refers to the "new norm" and the diminished opportunities that the foreseeable future offers now to young people, because of the impact of computers and robotics. This is not a vision of the future that would enthuse anyone and of course it will change, because pure capitalism is parasitic really and left to itself IMPLODES as in 2008.
When through greater financial efficiency enhanced profits are squeezed out of companies it usually weakens them, either through lack of choice in a range of products as the offering becomes "more focused," followed by reductions in quality as better selling prices are sought in far off places.The result becomes a world of Penney's or B H S or Primark and all the others.
The effect on the staff is demoralising as their numbers are cut to compete with the new On-Line offerings, where stock is held in one huge warehouse - like Sports Direct and deliveries are made directly to your door the next day. So far so wonderful, until you find yourself either working in one of these modern day sweatshops or the recipient of one their carefully selected products. In my case it was a pair of guaranteed waterproof golf shoes which were not alone not waterproof but cracked because they were made from a man made material that could not deliver what was promised. Fortunately I had retained my receipt and eventually obtained a refund from the supplier which usually only happens after a great deal of difficulty and frustration has been encountered.
This leads to economies that shrink before your eyes as jobs disappear offshore - if the economy shrinks it becomes ever more difficult to maintain employment levels and salaries much less re-invest the profits into research and development which creates the employment opportunities of the future.
I'm with Vince Cable who understands the markets and condemns their short term and opportunistic view of the future. We have a responsibility and so do our leaders, to create something that we can pass on to our children that works more humanely than the garment factories in Bangladesh and the sweatshops of China.
Fortunately my two young ladies are well equipped for this modern world - the youngest is an MA graduate and the eldest is a Professor whose work is referenced internationally. They started their education with the Dominicans in Ireland, which was the best start that they could have had when they came over here and found themselves twelve to eighteen months ahead of their classmates.
The youngsters here are no less deserving than my own - they deserve better than many of them receive - it's a bit like Poland really under the Russians. The Poles claimed that they were working - and the Russians said they were paying them - but look at their econ
De-Giro are meant to be the cheapest but read all the terms and conditions according to others. I don't know if they do BKIR. IG do ordinary share dealing now as well as derivatives. I think about €10 per trade.
Agree with (royKeane07) about in same tent But the problem in that tent is a country called Italy with £300b bank problem they want to solve but European rules don't allow them to do so ,looks like the will move this to kick the can brigade Remember Greece Rules so lmportant Enda kenny got taste of this yesterday Pity us B O I shareholders when it's breaks G L A
Could ye recommend a share trader that doesn´t cost much?. I was with ing-direct in Spain and they WERE brilliant (20 eur flat fee plus 4eur maintenance every six months per value) but unfortunately they do not trade with bkir in the FTSE any more. :(( Muchas gracias
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