UK Economy “deteriorating” as trade gap widens to worst for seven years

The cold light of day is dawning on the UK economy, if the Eurozone falls the UK will collapse no doubt. The UK government know this and are trying to prepare the UK public by pretending that they have done what they can to protect the UK economy, unfortunately this QE will not be enough to save the GBP and it's economy. It has more debt than most of the PIIGS and will be thrown to to vultures with no respite. Only a Independent Scotland will be able to escape this impending economic disaster. Vote yes in 2014

Scotland does not have a deficit it has a Five Billion surplus see bit.ly/LX1Knk

Would I be correct in thinking that, as far as the the trade gap goes, currently oil and related products pretty much amount to a massive 'neutral' for the UK? (depending on how 'self sufficient' the UK is with oil)
On independance, as well as the bulk of the oil tax revenue being collected by Scotland, Scotland will be exporting much of the actual product, and England will have to import most of theirs.
This would obviously have quite an effect on eachs 'balance of payments', how would this affect our economies?

We do not need more construction. This is a myth. Look at the profusion of derelict buildings, empty buildings and glut of property generally available everywhere.
Supply and demand etc,etc.


The problem is the monetary system and the banks abusing our money. Declare interest illegal.

Of course we need direct government investment to stimulate the economy. Otherwise we are heading for a very nasty depression (possibly the hidden agenda). However, the way such investment is currently enabled, ensures it is the private banks which profit at the expense of the tax payer.

Do not look to our politicians for answers though, as they are merely puppets of finance capital. As most of us are aware, the only posative effect of QE has been on the bottom lines of the banks that created the mess in the first place.

Take Greece for example, where we are repeatedly told the crises is due to the lazy, profligate, tax-dodging Greeks. However, this racist mis-reporting of the issue obscures the fact that approximately 80% of Greek debt was caused through speculative trading by banks. It also obscures the fact that approximately 80% of all bail-out money recieved by Greece, is immediately re-directed to German, French and UK banks to ease their exposure to the toxiac assests they were left holding. More fundamentaly though, it obscures the fact that Germany alone, has consistently kept its long-term interest rate at approximately half the level committed to through the Maastricht Treaty. As a result, German manufactures have had an unfair competitive advantage, especially against smaller European economies.

Why is the media obscuring the facts? Well it might be that it is largely bank owned or state controlled.

Will it be possible to bail-out all of the toxic debt, which is now estimated to be around $400 trillion globaly? The simple answer is NO. If you spent $1m to celibrate the birth of Christ, and then spend $1m every day since than until the present, you would still not have spent $1 trillion.

As continued QE and "Austrian School" austerity seem to been the only solutions being offered by the politicians, what might the results be and who will benefit? History professor at Georgetown University, mentor to US President Bill Clinton and archivist for the Council on Foreign Relations might have the answer.

Writting in his 1966 book "Tradgedy and Hope, Prof. Quigley tells us that the vast estate of Cecil Rhodes was not left to his heirs, bit instead funded the creation of "...a secret society, which was to devote itself to the preservation and expansion of the British empire". This Quigley called the "Anglo-American establishment", which fronted its programme through the Royal Institute of International Affairs in London, and the Council on Foreign Relations in New York. This itself "was a front for J.P Morgan & Co.". Further, Prof. Quigley states;

"There does exist, and has existed for a generation, an internationl Anglofile network which opperates, to some extent, in the way the radical Right believes the Communists act..."

"...in fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with Communists, or any other group, and frequently does so..."

"...I know of the operations of this network because I have studied it for twenty years and was permitted for two yeas, in the early 1960s, to examine its papers and secret records..."

"...I have no aversion to it or most of its aims and have, for much of my life, been close to it and many of its instruments..."

"...The powers of international capitalism had another far reaching aim, nothing less than the creation of a world system of financial control in private hands, able to dominate the political system of each contry and the economy of the world as a whole..."

"...This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences..."

"...The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks, which themselves are private corporations..."

"... Each central bank sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians..."

So with the UK apparently positioning itself to be last man standing,
is this the true purpose of the European Stability Mechanism and the Financial Stability Board, which operates out of the Bank for International Settlements?