“This is England” Review

Elizabeth drove up to the house about midnight last night. With her were the two youngest boys – Henry, back from a summer job in Ireland, and Edward back from summer camp in Scotland. We were watching a movie when she drove up – one that was almost suicidally depressing. This is England, it was called, about a paki-bashing group of skinheads from Liverpool during the ’80s.

“I can’t understand what they are saying,” said Sophie.

“You’re lucky,” Maria replied. “But neither can we, actually. This film needs subtitles. They’re speaking of dialect of English that must be unintelligible – even to most English people.”

The only word we all understood began with an ‘f’ and was almost always used in the present participle-functioning-as-an-adjective-or-adverb form of the verb. Since that word was at least half the dialog, we didn’t miss much.

Until tomorrow,

Bill Bonner
for Markets and Money

Bill Bonner

Bill Bonner

Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries. A man of many talents, his entrepreneurial savvy, unique writings, philanthropic undertakings, and preservationist activities have all been recognized and awarded by some of America’s most respected authorities. Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been critically acclaimed internationally. With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance. Since 1999, Bill has been a daily contributor and the driving force behind Markets and Money.
Bill Bonner

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4 Comments on "“This is England” Review"

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Ross
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Perhaps there is some time this summer for Bonner to catch up with some Dickens. A dose of Hard Times might draw some empathy. I haven’t seen the film yet but I remember meeting young and despairing Brits in the 80’s. The Brits split into groups of hooligans, romantics or flappers just like the Berliners of the 20’s. An illustrative chance meeting was that with a teenage couple, romantic in the vein of Sid and Nancy, wandering Portugal or anywhere cheap enough to feed themselves using the welfare benefits sent through by friends come to mind. As do the words… Read more »
Joe
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Ross, The 80’s were a decade of contradictions. For those that profitted from the conversion to capitalism that the British economy moved towards it was fantastic, for those however displaced by the economy it was a time of great strife, sufficient for some to kill (I recall chunks of concrete from Motorway bridges during the miners strike). The definition of Yuppie was the all important excuse for rampant Executive greed. By fiscally elevating a class beneath them gave them the justification to increase their own wealth at ever increasing rates. From a social perspective you can see how polarising this… Read more »
Ross
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Cheers Joe,

The institutions must regain trust by becoming far more activist in representing their shareholder’s long term interests.

Executive-director class patronage, conflicted non executive directors (signing off on short term performance strategies back ending risks beyond the life of the executive), and executive compensation rates determined by delusional measures of value creation have by equal measure eroded market performance and broken the social compact.

Ross
Guest

What a sloppy post … referring to the institutions I said “representing their shareholders” and I meant “investors”.

It is people’s retirement savings that have ultimately been shredded by short term incentivated corporate executives & their boards as much as by the supposed regulators of the Reserve Boards, Treasury Secretaries , and SEC/ASIC’s.

wpDiscuz
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