To re-invigorate UK business

[Pat494]

If the Govt. is at all interested in the welfare of UK business then it should bring back the smaller High Street businesses around the country. These businesses employed many thousands of people directly and many more indirectly. The High Streets of every town and city in the country used to have an active trading community. The recent Govts. have let it all slip away almost unnoticed.
The main way to stop this alarming trend of ghost town syndrome is to put severe curbs and limitations on the ultra big conglomerates like Amazon. They are killing off the smaller businesses. Their health and welfare are worth the little extra that products may cost.
I also am guilty of shopping at Amazon. They are really easy to use and the product is delivered to the door. But for the general health of the nation they are a disaster happening.

 

[0FXTrader0]

That's like saying the invention of the wheel should have been prohibited due to its success.

 

[1nvest]

The main way to stop this alarming trend of ghost town syndrome is to put severe curbs and limitations on the ultra big conglomerates like Amazon.

the answer can't be to take away choice surely
and it seems wrong to put limitations and curbs on success, and put money into what doesn't work anymore
times are changing, but when i go to my high road im sorted for coffee and a donut but nowt else. thats not amazon's fault, its the fault of the small business and the services it simply doesnt provide
and likely the rates the poor guys have to pay
but ultimately, and my view is simply the strongest survive
who said out of strength came sweetness? oh yeah its on your sig

 

[J Livermore]

If the Govt. is at all interested in the welfare of UK business then it should bring back the smaller High Street businesses around the country. These businesses employed many thousands of people directly and many more indirectly. The High Streets of every town and city in the country used to have an active trading community. The recent Govts. have let it all slip away almost unnoticed.
The main way to stop this alarming trend of ghost town syndrome is to put severe curbs and limitations on the ultra big conglomerates like Amazon. They are killing off the smaller businesses. Their health and welfare are worth the little extra that products may cost.
I also am guilty of shopping at Amazon. They are really easy to use and the product is delivered to the door. But for the general health of the nation they are a disaster happening.

Here’s a better idea. Continue your shopping at Amazon but at the end of the month donate your savings (compared to brick and mortar stores) to charities which help the unemployed.

This way society benefits from the innovation and efficiency that Amazon offers yet helps the unemployed and /or poor from the checks you write each month. It’s a win-win situation.

 

[Pat494]

Sorry you guys don't agree that point. You probably also disagree Trump's attempt to save less efficient industries in the US by putting tariffs on.
Looking the other way while the collapse is happening is just not good enough. The Govt. is meant to be helping this country not some foreign conglomerate.

 

[cantagril]

....Continue your shopping at Amazon but at the end of the month donate your savings... to charities which help the unemployed.
This way society benefits from the innovation and efficiency that Amazon offers yet helps the unemployed and /or poor from the checks you write each month. It’s a win-win situation.

More like a win-win-win as Amazon would continue also to rake in their profits - $5.2bn . In my my book that makes the company the bigger "winner".

Hows abouts alongside the savings made by their customers to be given up in a spirit of altruism and solidarity, they too would donate a meaningful percentage of that wodge to charities for the poor and unemployed...say 25%?

https://www.digitaltrends.com/news/amazon-quarter-2-earnings-2020-record-profit/

 

[1nvest]

Sorry you guys don't agree that point. You probably also disagree Trump's attempt to save less efficient industries in the US by putting tariffs on.
Looking the other way while the collapse is happening is just not good enough. The Govt. is meant to be helping this country not some foreign conglomerate.

i disagree with heavily taxing the more successful and think reviving old antiquated high street stores with poor business models is better. It doesnt mean im looking the other way. It doesn't mean im disagreeing with you that there is an issue. there is an issue
there is no easy answer here, but its a little naive to just think i'll just tax someone else, that'll make my highstreets booming again. it wont. they will fail again. they've already proved it. that business model of needing people to walk to or past your door doesnt work anymore.
UK businesses should be given more incentive to think about the future, funding to shape the future for us, in a world that will be driven on line in a "i want it now" mentality.
what is Boris' view of the UK in years to come. who is shaping the future of the UK its not him. and its certainly not our monarchy. where is our 20 year vision that the Chinese have ? I disagree with their methods also, but they have a vision. Thats where we're going wrong.
Bezos had a vision and he's reaping the rewards. we need more of that

 

[J Livermore]

Sorry you guys don't agree that point. You probably also disagree Trump's attempt to save less efficient industries in the US by putting tariffs on.
Looking the other way while the collapse is happening is just not good enough. The Govt. is meant to be helping this country not some foreign conglomerate.

Protected industries don’t innovate. Period. That’s where the term “government granted monopoly” comes from.

If you want your businesses to be able to export their goods and services outside Britain they have to be lean and mean because protection is not available once their products leave UK territory.

 

[J Livermore]

More like a win-win-win as Amazon would continue also to rake in their profits - $5.2bn . In my my book that makes the company the bigger "winner".

Hows abouts alongside the savings made by their customers to be given up in a spirit of altruism and solidarity, they too would donate a meaningful percentage of that wodge to charities for the poor and unemployed...say 25%?

https://www.digitaltrends.com/news/amazon-quarter-2-earnings-2020-record-profit/

If the shareholders of Amazon vote to give away 25% of their profits then more power to them.
It’s their property to do as they wish.

Just because you are a shareholder doesn’t mean you are rich. Shareholders run the spectrum from the very rich to small investors who may be retired or just starting off in life. Letting each individual decide if they can afford to donate money is more fair to small shareholders who aren’t rich. Don’t forget, pension funds also invest in companies like Amazon and their retirees will need that money when they leave the workforce.

 

[new_trader]

Sorry you guys don't agree that point. You probably also disagree Trump's attempt to save less efficient industries in the US by putting tariffs on.
Looking the other way while the collapse is happening is just not good enough. The Govt. is meant to be helping this country not some foreign conglomerate.

It should never be the role of Government to pick and choose industries it wishes to save. If you want to understand the root cause of the problem then look at the monetary system in place. Look at what the Central Banks are doing, who they bail out and who they leave behind. People like you always think the solution is more Government intervention, when the real solution is less.

 

[Pat494]

The primary role of Govt. is to protect their people.
Under that heading I place the millions of people who depend on the shopping centres across the country.
The " anything goes " philosophy causes immense damage and should be stopped. The mental health and confidence in a nation should be blessed, not demolished ........The anti monopoly trust laws could be used. Almost every town and city looks devastated where once people shopped and worked happily.

 

[FXX]

It should never be the role of Government to pick and choose industries it wishes to save. If you want to understand the root cause of the problem then look at the monetary system in place. Look at what the Central Banks are doing, who they bail out and who they leave behind. People like you always think the solution is more Government intervention, when the real solution is less.

Lol

it was governments that saved banks from collapsing and no, they can't bailout everyone, they have to choose who they bailout based on the risks to the economy. Without their bailouts millions of people would have lost their bank accounts and would only have access to a limited amount as part of bank deposit guantees. Businesses would have been sc3wed. Without the bailouts the economy would have crashed.

in your world less government intervention would have translated into massive unemployment and businesses going into administration. You don't know what you are talking about and you clearly haven't thought this through have you @new_trader. Take regulations as another example such as emissions and conservation. Less government intervention would mean more destruction of the fragile world we live in..

In other words you don't have a clue and your solution is laughable.

 

[Pat494]

The present system hasn't been much updated since the the 19th century. However the competition is so much fiercer these days and the systems ought to be optimised as much as possible if a level playing field is competed on. Countries like China do not play fair though. They have Govt. help. The only way to save an old fashioned economy like Britain is to have adequate tariffs. Trump knows this but the " do-gooding" politicians can't seem to realize these unpleasant facts of life and just let whole industries collapse almost without a fight.
The UK bosses often pay themselves too much while the workers are usually dissatisfied with their pitiful wages. A Union rep should be on the Board of Directors to keep an eye on things and wages should be in line with bosses's payouts. They should both keep in mind that the health of the companies should come first. So there is adequate reinvestment for the future. Without them people starve.

 

[new_trader]

Lol

it was governments that saved banks from collapsing and no, they can't bailout everyone, they have to choose who they bailout based on the risks to the economy. Without their bailouts millions of people would have lost their bank accounts and would only have access to a limited amount as part of bank deposit guantees. Businesses would have been sc3wed. Without the bailouts the economy would have crashed.

in your world less government intervention would have translated into massive unemployment and businesses going into administration. You don't know what you are talking about and you clearly haven't thought this through have you @new_trader. Take regulations as another example such as emissions and conservation. Less government intervention would mean more destruction of the fragile world we live in..

In other words you don't have a clue and your solution is laughable.

You think I haven't heard all of this nonsense before from the Socialists and Keynesians who, just like you, have never studied history and just repeat whatever the television tells them, parrot fashion.

 

[new_trader]

The primary role of Govt. is to protect their people.
Under that heading I place the millions of people who depend on the shopping centres across the country.
The " anything goes " philosophy causes immense damage and should be stopped. The mental health and confidence in a nation should be blessed, not demolished ........The anti monopoly trust laws could be used. Almost every town and city looks devastated where once people shopped and worked happily.

Are you a flat-earther Pat?

 

[FXX]

You think I haven't heard all of this nonsense before from the Socialists and Keynesians who, just like you, have never studied history and just repeat whatever the television tells them, parrot fashion.

you think I haven't heard whinging before with a clear lack of solutions. The type of person who knows jack 5hit about something but has all the answers. Like you winging about fundamental traders not knowing what they are talking about and yet you ignored me showing accounts running for years with little drawdown and solid growth. You run away in the face of facts but feel empowered to winge. I know your type, same brush trump is made of, and the same type of garbage solutions he regurgitates.

some advice @new_trader

before offering solutions to the worlds problems, it helps to know what you are talking about. Solutions comprised of assumptions are not solutions.

 

[new_trader]

you think I haven't heard whinging before with a clear lack of solutions. The type of person who knows jack 5hit about something but has all the answers. Like you winging about fundamental traders not knowing what they are talking about and yet you ignored me showing accounts running for years with little drawdown and solid growth. You run away in the face of facts but feel empowered to winge. I know your type, same brush trump is made of, and the same type of garbage solutions he regurgitates.

some advice @new_trader

before offering solutions to the worlds problems, it helps to know what you are talking about. Solutions comprised of assumptions are not solutions.

I get it now, you are still bitter about something I wrote in another thread weeks ago and decided to use this thread to vent your anger.

 

[FXX]

I get it now, you are bitter about something I wrote in another thread and decided to use this thread to vent your anger.

lol, bitter, not at all. I merely brought it up as its relevant to the context. I don't waste any energy concerning myself with losers.

 

[J Livermore]

The primary role of Govt. is to protect their people.
Under that heading I place the millions of people who depend on the shopping centres across the country.
The " anything goes " philosophy causes immense damage and should be stopped. The mental health and confidence in a nation should be blessed, not demolished ........The anti monopoly trust laws could be used. Almost every town and city looks devastated where once people shopped and worked happily.

If you study the history of protectionism it’s the politically connected businesses who get the most protection while the business down the street which isn’t connected gets thrown under the bus.

In plain English, politically connected means you gave something of value to people in government.

A smart businessman will not only use government as a weapon against foreigners but against his fellow countrymen who may want to set up shop in his industry. Otherwise known as barriers to entry.

 

[J Livermore]

Lol

it was governments that saved banks from collapsing and no, they can't bailout everyone, they have to choose who they bailout based on the risks to the economy. Without their bailouts millions of people would have lost their bank accounts and would only have access to a limited amount as part of bank deposit guantees. Businesses would have been sc3wed. Without the bailouts the economy would have crashed.

in your world less government intervention would have translated into massive unemployment and businesses going into administration. You don't know what you are talking about and you clearly haven't thought this through have you @new_trader. Take regulations as another example such as emissions and conservation. Less government intervention would mean more destruction of the fragile world we live in..

In other words you don't have a clue and your solution is laughable.

Depositors of a bank account are the ones who should be charged insurance premiums each period based on how risky the individual bank is. It can be taken out of your account as a percentage of your balance over time.

The stronger the financial strength of a given bank, the less the depositor should pay in insurance premiums. People can then decide on the trade off between how much interest they earn VS. how much they are willing to pay in insurance. Then they can go bank shopping.

It’s no different than buying flood insurance for your house based on its proximity to water.

If you choose not to insure then the depositor gets no bailout.