Babylon
Well-Known Member
This is easy to torpedo...
- Destruction of the mutual banking sector in the UK.
- Also known as Building Society demutualization.
- Also known as a get rich quick scam.
- Also known as Northern Rock.
- Also known as the trigger for the first run on a British bank in 150 years all played out in realtime on the worlds media.
You're still not thinking in four dimensions.
It is facile to blame an entire generation or lionise a previous one. Britain was once hugely powerful and wealthy, but the increasing pace of technology and development of nationalism and self-determination from the late 19th Century meant it simply couldn't last. How it played out on the ground was then just a question of luck and personalities. In the end we were compelled to sacrifice empire to rid Europe of Nazism. Everything since has been an 'adjustment' (socialist re-distribution, arms-race driven growth, drug-culture, inflation, popular capitalism, etc) but ever more bound up and subject to factors well beyond the control of any generation.
Those whose heads are currently popping up Antipodean backsides are gambling on a fabulous future... but the working lives of the current younger generation and their followers will increasingly resemble their counterparts in sweatshops in China, Brazil, India, if not Victorian Britain.
And all while the storms of climate change rage.
Happy 2018