Where Is This Recession Then Mr. Cameron?

[10ClarionSt]

Does it only apply to us minnows? Supermarkets are still making huge profits. One Chairman recently said that the days of cheap products are over. The banks always seem to announce profits in the billions. Utility companys' continue to make massive profits and the price of petrol is absolutely extortionate. You can buy a gallon in the U.S. for the same price as a litre in the UK. But there's a recession and we're all going to have to pay up and boost these pofits even more. Maybe these company's think they aren't making enough so we are going to continue to pour more money in their coffers.

[FredPuli43]

Which would have rather worked for? Woolworths in Britain ? One of the many shops that is now boarded up? Or Philip Green? He sees struggling companies and buys them. Once he has got them, they prosper. That's how he makes his millions. Nobody ever gave him money. That is a talent we need, but it's too often denigrated by people who don't see the need for it or the benefit of it . And it won't be found in nationalised businesses "owned by all of us". It is rare enough in the world and those who have it won't be managers in nationalised businesses, that is certain.