Showing posts with label Euro zone. Show all posts
Showing posts with label Euro zone. Show all posts

Monday, April 06, 2009

Britain's Economic Crisis, will they get out of this disaster?


Beautiful London


Beautiful London

Eurozone
Britain is a country known to adhere to special rules, regulations, and principles, to be neutral, conservative, and probably to be unique amongst other advanced countries in the world. The official reasons for staying out of the Eurozone are a good example of what Britain stands for. 

In the first place, Britain should know best, united we stand, divided we fall. There is no way the economy will be successful with its single currency within the Euro currency zones.

From every angle, one could clearly see that the "imperial system of political ideas" in that country has taken its toll on them. In any crisis, people, instead of finding an immediate solution, would rather want someone to blame. 

Britain accused the United States of America of this unprecedented economic setback, failing to realize that the country's economic woes were brewed by internal factors as well. 

Just imagine how advanced auto technology is constantly shaping and changing this world, but Britain is still driving and producing "right-hand steering Vehicles" in Europe. 

The type of vehicles Europeans and Third World Countries don't need. Even if they produce the right form of vehicles for countries that need them, it will still affect them in many ways because countries driving right are more than those driving left.

Teenage Pregnancy

Take, for example, how the economy of a country thrives when teenagers ignore education and choose to be mothers instead? According to statistics, Britain has the highest percentage of teenage pregnancies. Teenage pregnancy has a great effect on the economy of every country. 

A brilliant child who pulls out of school because of pregnancy is a waste of human resources. It's very common to see  British teenagers speaking English but can't write. How can she write an application letter for a job, when she can't correctly spell words his or her own language?

Alcoholism

Alcohol is another factor that has affected the health system of Britain's economy. The passion for alcohol in Britain is beyond cure. There is nothing that the British government can do to prevent or reduce the rate of alcohol consumption in that country, even if the price of drinks is raised. 

Alcohol and drug abuse are some of the factors linked to teenage pregnancy; therefore, the government needs to find solutions to these problems, or else Britain will experience economic depression always no matter how good a politician is.

Discrimination in employment

Employment discrimination is another factor that has worsened Britain's economic crisis. Discrimination in employment takes place in Britain in many ways, against women, religion, race, and color. 

Many qualified professional workers are denied jobs in Britain daily, because of the color of their skin, his or her religion, or their sex. Instead, they employ someone unqualified and lazy, because of the slogan "Our People First." Developments in such circumstances are never achieved or slow because of the inefficiency of production.

Lazy workers call for sick leave, stay at home for long days without working, claiming benefits and other allowances, affecting the hard workers and taxpayers' money. Employment discrimination is somewhat better in London and places with good integration. 

The worst place in the county of Dorset (Poole, Bournemouth, Christchurch), British Blacks and other foreigners are aware of that, which is the reason one can hardly see them in the neighborhoods.

People actually enjoy Britain on a visit, but I'm always sad whenever I'm in that country due to what I see. Almost on every street, I see dozens of "pregnant men." Obesity is taking its toll on the health of the people, but they simply don't care because food is delicious. 

When you talk about fashion, I think the worst-dressed Europeans are the British. When one visits places like Italy, Germany, France, and Belgium, one can see that they dress better than in Britain.

High Transportation cost

The cost of public transport in Britain is higher if compared with its European counterparts. Within the city of London, a short trip by bus costs £2. 

The ticket expires as one alights from the bus. In most of the European countries, for example, in Belgium, a city trip by tram or bus costs one euro twenty cents (from the ticket machine) and one euro fifty cents (from the bus or tram chauffeur). 

The ticket has an hour validity; in this case, one can join more than for four of five teams, depending on the length of the journey, until the ticket expires.

Despite all the harsh taxation systems, property tax, congestion tax and other means of money collection, Britain is a restless country to live in Europe. This is an indication that capitalism has failed in Britain. 

The lazy man wants to live like a rich man and have the same things as the rich man. The crime rate is increasing rapidly in Britain. God help the Scotland Yard. 

Until Britain's economy comes back on the right track, politicians in that country must be serious about finding solutions to the aforementioned problems.