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[Rods2]

Jim O'Neil of Goldman Sachs spoke at the DT business conference on Thursday and said this which I thought was very interesting:

“It’s not really 'what about the [US] fiscal cliff', or whether Greece will survive in the eurozone or not. It’s what is going on in China, Brazil, Russia, India, and some of these other nations that are becoming so important to us as well."

"Last year China’s growing economy created the equivalent of a new Greece every three months, he said. Together the BRICs – Brazil, Russia India and China – created the equivalent of a new Italy, the world’s eighth biggest economy, in just 12 months."

http://www.telegraph.co.uk/finance/festival-of-business/9620479/Accuracy-of-UK-GDP-data-worse-than-China-says-Jim-ONeill.html

This puts the Eurozone into its real economic perspective and why we should be concentrating on the BRIC counties to grow our economy.

Only problem is that with Heathrow's limited runway capacity and our only international hub, doesn't fly very often to these countries. 

If the UK concentrates on exporting to the BRIC countries, I don't think we will have a problem when the time comes to tell Van Rumpuy and Barasso to stick the EU where the sun doesn't shine. 

[STMO123]

Hmmmmm.......I wonder if anyone else might be thinking the same.

[Varche]

Jim O'Neil of Goldman Sachs spoke at the DT business conference on Thursday and said this which I thought was very interesting:

“It’s not really 'what about the [US] fiscal cliff', or whether Greece will survive in the eurozone or not. It’s what is going on in China, Brazil, Russia, India, and some of these other nations that are becoming so important to us as well."

"Last year China’s growing economy created the equivalent of a new Greece every three months, he said. Together the BRICs – Brazil, Russia India and China – created the equivalent of a new Italy, the world’s eighth biggest economy, in just 12 months."

http://www.telegraph.co.uk/finance/festival-of-business/9620479/Accuracy-of-UK-GDP-data-worse-than-China-says-Jim-ONeill.html

This puts the Eurozone into its real economic perspective and why we should be concentrating on the BRIC counties to grow our economy.

Only problem is that with Heathrow's limited runway capacity and our only international hub, doesn't fly very often to these countries. 

If the UK concentrates on exporting to the BRIC countries, I don't think we will have a problem when the time comes to tell Van Rumpuy and Barasso to stick the EU where the sun doesn't shine. 

That is what I said on here a few months back. Brazil is now a bigger economy the the Uk. How many people have heard of Chongching - a giant of a city with 30 million souls churning out cheap tat for the West. Heathrow. I agree with Boris. Maybe his Thames estuary airfield isn't the answer despite fitting my requirement of flying in from the sea and out to sea thus minimising noise and, pollution and deaths from any accidents (heaven forbid). I read recently that there is an even better site in Kent. The name escapes me but it is an ex WW11 airfield . very near road and rail links (but it is in Kent so that puts the Kaibosh on it!).

A little light aside. Spain is desperate to improve its tourism take (and why not it is a fine destination). Recently an ambassador came to "suss" the country out for Chinese tourists. Unfortunately he got beaten up by pure chance. Not a good impression. Doesn't matter as there are no direct flights from China to Madrid or the Costas. Britain suffers in the same way from a lack of direct flights. Who in their right mind would fly to say Amsterdam and then change to get to Britain. That is why (amazingly) both France and Germany have more Chinese holiday makers than the UK despite the wealth of UK heritage. WAKE up Britain get a decent International airport.   

[tigers_gonads]

There are plenty of ex raf airfields in this country which would be perfect with a little investment for the task.
Got to be better then digging the places up for hardcore 

[Rods2]

I thought ex-airline pilot Norman Tebbit made an excellent suggestion of slightly realigning and lengthening Northolt as that could be completed with rail links quite quickly without having to demolish the number of houses that the current proposed short 3rd runway requires. 

The reality is that Heathrow and Gatwick both currently suffer chronic delays due to having no spare runway capacity. So while the politicians dither to avoid making difficult decisions, so tourism and businesses suffer. 

[Varche]

Northolt is so close to Heathrow that if the lengthened the runway planes could taxi from one to the other!

[cem_devecioglu]

The only chance for a nation or country to increase income is to increase production..
 
but the days of productive capitalism relying on cheap labour from western workers based on cheap raw material/mines from all continents to virgin markets have long gone, I`m afraid Rods.. Workers opened their eyes, those poor countries start to produce and sell their own products, and markets are never the same as hundred years ago.. Besides multinational cartels and companies decided to play globally..
 
so either you change the system and play with different rules or suffer under the same conditions..