Quote:
Originally Posted by piece-itpete
I noticed that in England, apparently we're somewhat feared business-wise
Pete
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Maybe at one time with the likes of FORD and VAUXHALL employing British workers but owned by their parent companies in the U.S.A. but now with British engineering largely a thing of the past, our main income seems to have been international banking. I suspect the Bejing and Tokyo stock markets are seen as more of a threat than Wall Street. "Seems to have been" is what interests me. With EFT nothing was actually manufactured, not even paper. It was nothing more than pyramid selling, and now it's fallen over.
Are the rats leaving the sinking ship in the USA? Our bankers having grabbed their obscene bonusus have largly hightailed it out of the U.K.