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Lack of natural resources, meaningful industry moved overseas, and a surplus of labor. As the rest of the world develops, they don't need British loans and eng
by linuxftw 3y ago
Lack of natural resources, meaningful industry moved overseas, and a surplus of labor. As the rest of the world develops, they don't need British loans and engineer knowledge. Over the next 20 years, they'll revert to being a tiny agricultural state.
- TheLoafOfBread 3y ago> and a surplus of labor. With 4.0% unemployment rate I would disagree with surplus of labor
- nvm0n1 3y agoThose rates don't include all the "economically inactive" people who are on long term benefits. Around 5 million at last count.