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The UK could now consider making stuff, and exporting that stuff. Probably good to do a London based startup too, sell to the US. Get your seniors for the price
by quickthrower2 4y ago
The UK could now consider making stuff, and exporting that stuff. Probably good to do a London based startup too, sell to the US. Get your seniors for the price of a US junior (say $60k/y)
- xnorswap 4y agoThis is a lazy stereotype. People have been saying for decades about "the decline of manufacturing" all the while manufacturing output was increasing. It took a hit from Brexit of course, but peaked shortly before that.
- quickthrower2 4y agoWhat I mean is causality he other way around ... it is a good opportunity for new businesses to get started up taking advantage of being a cheap country to buy from.
- hristov 4y agoThey can probably try to do that but Margaret Thatcher completely destroyed the UKs manufacturing base in order to screw over labor unions. The Thatcher theory was screw over manufacturing in favor of financial services. She was widely praised by the financial press for doing so. The plunging pound does not help the financial services sector, it hurts it. Then there is Brexit which seriously hurts both the manufacturing and financial services sectors. So the UK can increase manufacturing but it will be a long hard slog after they intentionally and continuously gutted the sector for the last 30 years.
- nxm 4y agoBritish economy was in the dumpster until she revived it. Blame loss of manufacturing on globalization and the rise on China more than anything else
- theironhammer 4y agoThe elites in the UK won't invest in the UK. They'd rather invest in the USA. Its time for a Land to the Tiller type manifesto.