tag:blogger.com,1999:blog-396147428833519657.post6168163877695191972..comments2024-01-22T09:08:40.833+00:00Comments on Delphius' Debate: Fall of an EmpireMark The Skint Sailorhttp://www.blogger.com/profile/04892877003107509621noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-396147428833519657.post-56335508966155238572009-11-06T00:38:36.474+00:002009-11-06T00:38:36.474+00:00I've said for a long time that having a comple...I've said for a long time that having a completely service-based economy is a mistake.<br />Financials can move abroad overnight and its only the lack of regulation (the thing that has screwed the globe up) that keeps the finance houses here. The same goes for all the call centres and retail parks that make up the service economy too. They are non-jobs that can't exist long-term without Mark The Skint Sailorhttps://www.blogger.com/profile/04892877003107509621noreply@blogger.comtag:blogger.com,1999:blog-396147428833519657.post-48551931088774663912009-11-04T18:41:08.316+00:002009-11-04T18:41:08.316+00:00I can't understand why this issue isn't di...I can't understand why this issue isn't discussed more often. We can't have an economy based mainly of services - there has to be some real production, some value added to private sector business.<br /><br />I'd forgotten about IT outsourcing. IT was part of my background, and I've yet to see a case where outsourcing genuinely brought benefits. It usually means more increasinglymiffedhttps://www.blogger.com/profile/11731032199591453758noreply@blogger.comtag:blogger.com,1999:blog-396147428833519657.post-1589541194825662892009-11-04T17:44:35.497+00:002009-11-04T17:44:35.497+00:00I agree. In the 80s and 90s we had I.T. and the fi...I agree. In the 80s and 90s we had I.T. and the financial sectors to drive the economy, then I.T. started to get outsourced to India and rates crashed, so that employment golden child went south. Now we've had financials take a tumble, as you say, there isn't anything around that can remotely generate the wealth required to keep the country solvent.<br /><br />Green Jobs? I doubt we couldMark The Skint Sailorhttps://www.blogger.com/profile/04892877003107509621noreply@blogger.comtag:blogger.com,1999:blog-396147428833519657.post-33330868311099047922009-11-04T12:02:48.911+00:002009-11-04T12:02:48.911+00:00I blogged with similar thoughts a while ago. I...I blogged with similar thoughts a while ago. I'm really worried about where on earth the jobs the economy (and the people) needs.<br /><br />After the last recession, it was the financial services sector that provided most of the new jobs. That's clearly not an option this time, so which new sector is going to come to our rescue now?<br /><br />And the first person to say "green increasinglymiffedhttps://www.blogger.com/profile/11731032199591453758noreply@blogger.com