Re: Built abrroad
Think you are entirely correct.
Add another one - the cost of capital (if you manage to persuade someone you can make something in the UK the interest rates are far too high and stupidly variable (the government stupidly tries to use interest rates to control inflation - stupid because it cant work. ... inflation being more demand than supply raising interest rates stops any increase in supply, and as interest is paid by a fraction on mortgages and given to a small number of extraordinarily rich people it is doing little to suppress demand)
Biting the hand that feeds IT
