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ToffeeGuy · 26-12-2011, 15:22

Germany and France are 4th and 5th. Personally I'd hitch a ride on their economies and we might make it back up to 6th.

The problem is short-termism in this country. Companies are looking for a quick buck instead of long term gains and investment like they do in Germany.

Of course Germany had the advantage of investing in their manufacturing economy after the war because they couldn't spend on armaments. This has paid off for them ever since. Same in Japan.

26-12-2011, 15:22	#5
ToffeeGuy Full Member Join Date: Dec 2011 Posts: 275 Liked: 7 times Rep Power: 2569	Re: The British Economy falling to 7th. Germany and France are 4th and 5th. Personally I'd hitch a ride on their economies and we might make it back up to 6th. The problem is short-termism in this country. Companies are looking for a quick buck instead of long term gains and investment like they do in Germany. Of course Germany had the advantage of investing in their manufacturing economy after the war because they couldn't spend on armaments. This has paid off for them ever since. Same in Japan.