View Single Post
Old 09-12-2011, 14:47   #275
Chrysalis
cf.mega poster
 
Join Date: Sep 2003
Posts: 12,047
Chrysalis is cast in bronzeChrysalis is cast in bronzeChrysalis is cast in bronzeChrysalis is cast in bronze
Chrysalis is cast in bronze
Re: Eurozone will collapse...

Quote:
Originally Posted by Osem View Post
You don't seem to realise that, like it or not, the financial sector accounts for 10% of UK GDP - 10% of our trade. What should Cameron have done about the threat to it? Just allowed that business to move elsewhere where it's cheaper and less regulated than in Europe?

If you asked the French to renegotiate the CAP to reduce the benefits they get from it they'd tell you to get stuffed. Cameron's done just that hasn't he? As the terms of the way forward become clear it'll be interesting to see where the cuts fall and whether the likes of the French accept their share of the burden.
doesnt it worry you that we so reliant on a so called financial sector?

what is the financial sector exactly, something that makes a small group of people very rich. Is this what the uk is about now?

Their CAP didnt bring half the world to its knees, whilst unregulated banking has.
Chrysalis is offline   Reply With Quote