Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
I’ve never been one to say that Britain was joining a happy band of brothers.
This very individualistic form of Protestant Christianity that became so basic in English and then American life is to a large degree responsible for the historical success of Britain and America.
When the Industrial Revolution started, the amount of carbon sitting underneath Britain in the form of coal was as big as the amount of carbon sitting under Saudi Arabia in the form of oil, and this carbon powered the Industrial Revolution, it put the ‘Great’ in Great Britain, and led to Britain’s temporary world domination.
It is a standing source of astonishment and amusement to visitors that the British Museum has so few British things in it: that it is a museum about the world as seen from Britain rather than a history focused on these islands.
The United States consumes power per land-area at a rate three times the average. Even though they are more energy efficient, densely populated industrial countries like Germany, Britain and Japan have even bigger power consumption per area.
I’m interested to see what happens with Fox News and phone hacking. I really can’t believe it just happens in Great Britain. Because really, who cares about just hacking phones over there?
In Britain, polls show large majorities in favour of mansion taxes and higher taxes on the finance sector.
I sometimes think God allows Great Britain to be unprincipled for the good of mankind.
On April 19 1943, the Bermuda conference gathered, with the participation of representatives from Britain and the United States, in order to discuss saving the Jews of Europe. In fact, the participants did everything in their power to avoid dealing with the problem.