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What is the background economic situation in Scotland at this time?
by i_feel_great 8y ago
What is the background economic situation in Scotland at this time?
- Gibbon1 8y agoI just have three anecdotal bits to share. 1. One friend said the rest of Britain historically exploits Scotland. People are poor because their taxes and profits they generate are sent south. AKA Thacher/Majors 's government was pulling £1000 per capita a year out of Scotland. 2. Another man said that heavy industry in Britain was in decline in the 1960's 1970's. 3. And a guy I worked with said Britain after WWII was in economic ruin because of the WWI and WWII. Rationing continued into the mid 1950's.
- sfifs 8y ago> worked with said Britain after WWII was in economic ruin because of the WWI and WWII. Yeah for the rest of us, WW 1/2 was absolutely the best thing that happened in history. Europe burning the wealth and power of ages in a short orgy of mutual destruction brought the rest of us out of their yoke and develop our own destinies. Some would argue the US replaced Europe as the hegemonic power but until they got muddled in the middle East, it was mostly light touch except for Vietnam. The challenge for China now is to avoid a shooting war that will burn the wealth of two-three generations of development at all cost.
- ggm 8y agoThe last major ship was built and launched from a Clyde shipyard in the early 1970s. Unemployment in Glasgow was heading up: the winter of discontent was just over the horizon. Rampant inflation. The new towns surrounding Glasgow like cumbernauld were ramping up, but life was hard. I was a kid in Edinburgh during these years and we had a good life. We went through to Glasgow from time to time, it was a wreck of a city much as Manchester, Sheffield, Birmingham were. Manufacturers were moving to lower cost economies. People were joining the army out of a sense of desperation for jobs, and winding up in n.ireland being firebombed, or on cyprus dealing with the Greek/turkey thing. It wasn't an entirely happy time economically speaking oil not with standing.
- i_feel_great 8y agoThings were much worse than I presumed. I only imagined the "swinging sixties" sort of thing. https://en.wikipedia.org/wiki/Economic_history_of_the_United_Kingdom#1960%E2%80%931979:_the_Sixties_and_Seventies https://en.wikipedia.org/wiki/Economic_history_of_the_United...