A Trade Deficit is the result of people buying goods and services from outside their communities on credit. It is a social phenomenon. It happens because local and national government is weakened and becomes the dispenser of benefits rather than the shepherd of wealth. Imagine what could happen if somewhere like Sunderland had an innovativeContinue reading “Localism and Solving the Trade Deficit”
Tag Archives: EU Trade Deal
Why a Trade Deal is Needed
Something has been going badly wrong with UK-EU Trade. The UK-EU Trade Deficit was £66 billion in 2018. Why? It is not because the UK is failing to produce the goods and services that people want because the UK is in surplus with the world outside the EU by £ 36 billion pa. What isContinue reading “Why a Trade Deal is Needed”