The Mudcat Café TM
Thread #133330 Message #3024247
Posted By: Richard Bridge
05-Nov-10 - 09:35 AM
Thread Name: BS: A faint hope for UK media plurality?
Subject: RE: BS: A faint hope for UK media plurality?
Ah no - the Volvos are actually very low emissions (I have the printouts to prove it) and I'm a low mileage driver so the MPG is barely relevant, and the refusal to buy new cars saves the energy cost of manufacture (or scrappage) and indeed reduces capital movement out of the country.
I do not follow your train of thought. Share trading is a zero-sum game. Every pound you put in your pocket by such trading comes out of someone else's. There is so little long-term investment thought in the UK that most investment is fast-buck stuff that gets its payoff by destroying jobs and industries (like MG Rover - assets worth millions went primarily into the consortium's pockets and some into silly ideas like carbon-fibre-bodied supercars that could not compete with the big names, so that just as the product was getting "right" - the Rover 75 series - the bean counters shut the place down).
You now expressly align yourself with the money lenders in the temple yet say that you have tried to restrict your brokers to ethical investment. It is inconsistent.