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two little bits of advice 1. stop sneering 2. If you are in a hole stop digging

Be careful when you sneer otherwise you look rather foolish Definition of irony - incongruity between what actually happens and what might be expected to happen. In the case of Germany we might expect given what most people think that the German economy might be very successful, compared to...

I agree with you on that. However the kind of stuff that we can do better than the Chinas and Vietnams is unlikely, I think, to generate large scale jobs or output

I'm not saying there will be NO manufacturing - just that we cant rely on it as a larger part of the economy. As China develops manufacturing will move away from there as well. There are plenty of low cost areas left, maybe in 50 years we will be one! That would not be good news!

No not really. The UK cannot possibly compete with the low cost production areas like China or India or Vietnam without protectionism. We have to be well educated in softer skills and creativity. That is why education is so important. Ironically it may be economies like Germany which is still...

No deficit eh - I don't think so! And we are all in it together? Does this include Google, Starbucks and the rest of the tax avoiders GDP is a pretty useless measure of anything but if you are to use it please use GDP per head. GDP will increase simply by adding to population. Perhaps this is...