1. The UK will become the most populated country in Europe by 2060. Given the size of our small island this will be catastrophic. http://news.bbc.co.uk/1/hi/uk/7583776.stm
2. North Sea oil will soon run out and we will have to rely on Russia and the Middle East for our energy requirements. A gas pipeline is currently being built to deliver 25% of the EU’s gas from Russia. The words short, curlies, switch, turn and off spring to mind!
3. The UK manufacturing capability has all but disappeared never to return. We just can’t compete on prices with the East and this will not improve as our land becomes more expensive due to mass migration. We are a small island and only have limited land.
4. Our manufacturing business was supposed to be replaced by a “service based” economy. However we are now sending a lot of our call centres and IT work to Eastern Europe and India!
5. We are now told that the UK is heading towards being a “knowledge based” economy! In other words “an intangible asset”, the value of which is based on opinion. How worrying is that? In the next big recession tens of thousands of contracts will be cancelled by foreign companies no longer needing our ‘knowledge’ leading to millions being made unemployed.
6. Think about this. The West generally borrows, spends and consumes. The East invests, produces and saves. Who will end up in a better state there I wonder?
7. China has 1 in 5 of the world’s population and will very soon be the most important country in the world for doing business with. Are our children being offered Mandarin as a language at school? Are we being taught about Chinese business customs? We will in a generation become a bit part player in world business.
I could go on but it is starting to depress me
