GLWT
Yep, Brazilian style poverty next to obscene wealth here we come, whilst wondering how did this happen.
2 Likes
To be honest, if the predictions are as doom laden as suggested, you go past a spot of wealth imbalance and proceed into Butlerian Jihad/Men of Iron territory which is far more interesting if not necessarily terribly tranquil.
2 Likes
I get the point about unemployment, but it just doesnât explain where we are. In â93 we had over 10% unemployment and you could still see a doctor, social care functioned, you could just about live on the dole and food banks were rare. Weâre in 2025 with unemployment at 5% and everythingâs falling apart, so clearly the problem isnât too many people out of work.
The bigger issue is inequality and where the money actually goes. Wealth and assets have ballooned at the top while wages and public services have been squeezed for over a decade. If you donât tax the gains at the top and you keep stripping the state back, you end up with exactly this: low unemployment, but a country that feels broke.
2 Likes
In 93 there werenât the same massive companies that syphoned revenue out of the UK to low tax areas.
Even benefits were being spent locally so the money stayed within the UK economy and tax collection.
The UK is now just print money, give it to megacorp, export it from the UK, kill growth, devalue the pound and repeat.
4 Likes
The race to the bottom is real.
As is the propoganda to support it
I was talking to someone in a relatively low paid job recently and he was moaning about how much train drivers were paid.
He seemed more concerned that their wages were cut than he was that his should rise.
It wasnât fair.
4 Likes
Indeed this is the point - Billionairs are pillaging the planet whilst fueling and funding the belief its brown peoples fault.
2 Likes
I see this within my own firm never mind across industry. The people on newer contracts who donât get paid as well or the same T&Cs complaining that the others get too much. Not that they deserve the same. Theyâve be so conditioned by the media (and the firm) that the oldies have it too good they would almost rather see them brought down than raised up themselves. Everyone who isnât rich should be scraping by on a pittance and be grateful for it.
2 Likes
This as well⌠we are continually told investment from abroad is a fantastic thing. Cunts like Starbucks are just sucking money straight out of the country. If they all shut down tomorrow, people would still want coffee. Then if this encouraged 1000 coffee shops or small uk chains to open up spending the profits locally the uk would be a far better place.
3 Likes
I donât know anything about economics (socio-economics ?) but globalisation (small g) must account for a great deal of the turmoil weâre trying to live through. Money seems now to be completely mobile, and reluctant to stay here. People are hugely more mobile than they were and, given the shiny lifestyle that they can see on the web, theyâre unsurprisingly keen to relocate here. And a smuggling mechanism to enable that has sprung up. This has been going on for a long time (when I was in the US in 88-89 the rust-belt folk were grumbling about their jobs having upped and moved to Mexico) but outside the dictatorially-controlled states it seems to be the rule rather than the exception now.
Thinking about AI and the economy: if a company replaces ten staff with three and an AI subscription, the savings donât magically shazzam into better wages or better services. They go where they always go â higher profits, fatter executive pay, greater shareholder returns. Itâs just a recipe for more wealth piling up at the top, the same shit that got us into this hole.
If the tax system stays as it is, AI only deepens the â0.1% doing brilliantly while the stateâs skintâ problem. AI can boost productivity all day, but if we barely tax capital gains, hammer workers through wage and consumption taxes, and keep starving public services, the result is obvious: more money at the top, worse services on the ground. Same old skim, dressed as innovation.
People will scream âbrain drainâ or claim itâs impossible to fix, but thereâs a perfectly good model just across the water. Denmark taxes people more and gives them far more back: proper healthcare, childcare, education, real support if you lose your job, and help getting back into work. Hiring and firing is easier there, but the safety net means people arenât left to sink. They donât even tax wealth especially hard, yet the combination of broad taxes and functioning services keeps inequality in check and stops the place feeling fucked in the way the UK now does.
1 Like
Itâs not that far in history and easy to understand how we let the oligarchs destroy the people that live in this isle. And others
Itâs just now it seems the oligarchs have mastered the govts, wherever they abide. The boats started it all
1 Like
And now another key part of global IT services is down, again.
was wondering why their turnstile system was playing silly buggers earlier, looks to be back up now though.
Wasnât their last outage due to an unforeseen complexity in a regexp?
I think that was it and I think it was them. The post mortem made interesting reading.
Weâve just been told to log out of SAGE 50 accountsâŚ..
Marvellous 
Pinkfishmedia is down.
I got this message trying to login a games account
What happened?
There is an internal server error on Cloudflareâs network.
What can I do?
Please try again in a few minutes.
Cloudflare Ray ID: 9a081ff18b65f65
The toxic obsessional left wing nut-bags who post 250 times a day to say the same thing wonât know what to do with themselves 
Hopefully their carers will have left doors unlocked and they go play in the roadâŚ
5 Likes
Yeah, CloudFlare is down - they have rolled back the code that created the issue, but itâs taking time to propagate through properly from what I know.
1 Like