Crashing Uk Quotes

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If you want to know the real reasons why certain politicians vote the way they do - follow the money. Arch Brexiteer Jacob Rees-Mogg (a.k.a. JackOff Grease-Smug) stands to make billions via his investment firm - Somerset Capital Management - if the UK crashes unceremoniously out of the European Union without a secure future trade deal. Why ? Because proposed EU regulations will give enforcement agencies greater powers to curb the activities adopted by the sort of off-shore tax havens his company employs. Consequently the British electorate get swindled not once, but twice. Firstly because any sort of Brexit - whether hard, soft, or half-baked - will make every man, woman and child in the UK that much poorer than under the status quo currently enjoyed as a fully paid up member of the EU. Secondly because Rees-Mogg's company, if not brought to heel by appropriate EU wide legislation, will deprive Her Majesty's Treasury of millions in taxes, thus leading to more onerous taxes for the rest of us. It begs the question, who else in the obscure but influential European Research Group (ERG) that he chairs and the Institute for Economic Affairs (IEA) that he subscribes to, have similar vested interests in a no-deal Brexit ? It is high time for infinitely greater parliamentary and public scrutiny into the UK Register of Members' Financial Interests in order to put an end to these nefarious dealings and appalling double standards in public life which only serve to further corrode public trust in an already fragile democracy.
Alex Morritt (Lines & Lenses)
In the UK, for example, 97 percent of money is created by commercial banks and its character takes the form of debt-based, interest-bearing loans. As for its intended use? In the 10 years running up to the 2008 financial crash, over 75 percent of those loans were granted for buying stocks or houses—so fuelling the house-price bubble—while a mere 13 percent went to small businesses engaged in productive enterprise.47 When such debt increases, a growing share of a nation’s income is siphoned off as payments to those with interest-earning investments and as profit for the banking sector, leaving less income available for spending on products and services made by people working in the productive economy. ‘Just as landlords were the archetypal rentiers of their agricultural societies,’ writes economist Michael Hudson, ‘so investors, financiers and bankers are in the largest rentier sector of today’s financialized economies.
Kate Raworth (Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist)
The global depression that followed the Great Crash of 1929 led to almost all countries having big internal conflicts over wealth. This caused them to turn to more populist, autocratic, nationalistic, and militaristic leaders and policies. These moves were either to the right or to the left and occurred in varying degrees, according to the countries’ circumstances and the strengths of their democratic or autocratic traditions. In Germany, Japan, Italy, and Spain, extremely bad economic circumstances and less well-established democratic traditions led to extreme internal conflicts and a turn to populist/autocratic leaders of the right (i.e., fascists), just as at different points in time the Soviet Union and China, which also endured extreme circumstances and had no experience with democracy, turned to populist/autocratic leaders of the left (i.e., communists). The US and the UK had much stronger democratic traditions and less severe economic conditions, so they became more populist and autocratic than they had been, but not nearly as much as other nations.
Ray Dalio (Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail)
Volvo has adopted a similar approach. Its ‘Autonomous Emergency Braking’ system, which automatically slows the car down if it gets too close to a vehicle in front, is widely credited for the impressive safety record of the Volvo XC90. Since the car first went on sale in the UK in 2002, over 50,000 vehicles have been purchased, and not a single driver or passenger within any of them has been killed in a crash.
Hannah Fry (Hello World: How to be Human in the Age of the Machine)
When I was only 17, I wanted desperately to be a writer. My early efforts did not meet with much success, and my relatives discouraged me. At that time I was living and working in the Channel Islands in the UK. Late one evening, when I was feeling particularly discouraged, I went for a walk along the seafront. The tide was in, the sea was rough; and the wind, which was almost a gale, came pouring in from the darkness like a mad genie just released from his bottle. Great waves crashed against the sea-wall, and the wind whipped the salt spray across my face. I was alone in a wild wasteland of wind and water. And then something touched me, something from the elements took hold of my heart, and all the depression left me, and I felt free and as virile as the wind— quite capable of building my own fort, my own pavilion of words. And I spoke to the genie in the swirling darkness and said, ‘I will be a writer, and no one can stop me!
Ruskin Bond (My Favourite Nature Stories)
2001 when they published a scientific paper that modelled the future collapse of the Cumbre Vieja and the passage of the resulting tsunamis across the Atlantic. Within two minutes of the landslide entering the sea, Ward and Day show that –for a worst case scenario involving the collapse of 500 cubic kilometres of rock –an initial dome of water an almost unbelievable 900 metres high will be generated, although its height will rapidly diminish. Over the next 45 minutes a series of gigantic waves up to 100 metres high will pound the shores of the Canary Islands, obliterating the densely inhabited coastal strips, before crashing onto the African mainland. As the waves head further north they will start to break down, but Spain and the UK will still be battered by tsunamis up to 7 metres high. Meanwhile, to the west of La Palma, a great train of prodigious waves will streak towards the Americas. Barely six hours after the landslide, waves tens of metres high will inundate the north coast of Brazil, and a few hours later pour across the low-lying islands of the Caribbean and impact all down the east coast of the United States. Focusing effects in bays, estuaries, and harbours may increase wave heights to 50 metres or more as Boston, New York, Baltimore, Washington, and Miami bear the full brunt of Vulcan and Neptune’s combined assault. The destructive power of these skyscraper-high waves cannot be underestimated. Unlike the wind-driven waves that crash every day onto beaches around the world, and which have wavelengths (wave crest to wave crest) of a few tens of metres, tsunamis have wavelengths that are typically hundreds of kilometres long. This means that once a tsunami hits the coast as a towering, solid wall of water, it just keeps coming –perhaps for ten or fifteen minutes or more –before taking the same length of time to withdraw. Under such a terrible onslaught all life and all but the most sturdily built structures are obliterated.
Bill McGuire (Global Catastrophes: A Very Short Introduction (Very Short Introductions;Very Short Introductions;Very Short Introductions))