The Imperialistic Majesty Britain is not doing as well as people may perceive. Only the fatcats and elitists are rolling in their wealth and stuffing their faces with 16oz steaks these days...
Today Britain's GDP figures were revised upwards from 0.1% last quarter to 0.4%, and that is not really what anybody calls a strong economic recovery. Yet the media spin the GDP figures as positive and that the markets are doing well etc etc... But what about the impact that the recession has had on Britain's people, on low wage earners and struggling families and small businesses?
 
Watching the BBC2 Newsnight programme last night on Britain's truly busted economy it is obvious that jobs have gone, small businesses have gone, opportunities for young people have gone, and our industries closed down.
The programme underlined that Britain leaned on the business trade and practices of London City business sectors, and Britain's overall economic factors were gauged on the success of London over the years- until the recession.

That is when the 'bubble' burst and London became no better than many other struggling economies across Europe, and London fell into the picture of being a receeding town which you often see in programmes which demonstrate the negative progress in many other British towns and cities.

Britain is not doing well- our job opportunities are not really improving, 400 000 people are leaving Britain every year to live overseas, and the youth of Britain are becomig abandoned by a profit-seeking sector of industries which have relocated overseas to make more profit. The Government sat back and did nothing to safeguard Britain, did nothing to regulate the credit and finance sectors from reckless loaning, reckless mortgage approvals and reckless borrowing. Government could have stepped in to buy up some of Britain's industries to prevent them from being sold to overseas or from being relocated overseas. Now we are wallowing in the failures of the last 13 years of Labour's Broken Britain. 13 years of reckless economic manoevres has brought Britain to what it is now. Hopefully this 13th year of Labour will prove to be their unluckiest yet and lose the Elections.

Britain is but a small fish in a large pond, a pond which the big sharks of America and China are fighting over, and neither the U.S or China will care if Britain never recovers from the recession and becomes a strong centre of world economics again. On the contrary, the U.S and China will probably do everthing in their power to make sure that no other nation gets as big as their economies. U.S industries, business and finance are more cut-throat than many realize, and the U.S have self-centred profit-driven billionaires by the hundreds who will now be looking to capitalize on cheap trade and production, capitalizing on the recession which has put many sectors ot industry and finance up for sale much cheaper than could have been bought before the recession. And while the U.S claw and swipe at as much business as they can muster, China is working to ensure that they are the top dog. Both the U.S and China are so similar in their pursuits of economic dominance, and Britain has taken little steps to regain ground.

The economic recovery of a nation is not up to politicians to fix, but for investors to mend, and if nobody invests in Britain again, then the money will not be made, and no politician has a magic wand to force investors to put money into Britain's economy.

Things can't get any worse. Where is the hearse??

Russell S Wyllie

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