Celestial Weasel (celestialweasel) wrote,
Celestial Weasel
celestialweasel

Question

If the UK makes most of its money 'in the city', and the end of the neo-liberal economic dispensation means that much of this fun and games has come to an end (e.g. no shorting, derivatives unwound, no more masters-of-the-universe given the assets of retail banks to gamble with, no liquidity, blah blah), presumably this means no transactions, no transactions means no skimming off a percentage, no skimming off a percentage means no tax take, no tax take = no more money to spend on smoking outreach coordinators etc. etc. = collapse of civilisation as we know it.

Or what?

What is the UK's percentage of GDP from 'manufacturing' (whatever the f*** that means in this day and age) compared to, say, France, Germany, Italy, Spain anyway?
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