I was lying in the bath musing about how we Brits are going to get ourselves out of the mire debt wise.
A recession is looming and in order to reflate we are going to have to spend money, which we haven’t got and should not borrow. But where is it to come from ? Obviously we are going to have to sell something priceless to the Chinese who have got all the money and don’t know what to do with it.
We have already sold MG to a Chinese company.
We missed out on selling Hong Kong. They reckoned it was on lease from them already and we couldn’t really argue at the time.
What else is about which the Chinese can’t copy and for which they might pay a premium price?
It will have to be something else which is typically British - perhaps even English - preferably a fixed asset, the actual ownership of which won’t matter to the English, because they can still use it.
There are precedents in the past.
We gave the thirteen colonies to the Americans
We’ve sold Rolls Royce Motors, Bentley and the Mini to the Germans.
We’ve sold the Severn Bridges to the French
We’ve sold Cadburys to Swiss Nestle.
We’ve sold Rover to the Indians
We’ve sold the odd castle to Dutch Millionaires
In fact in the past we have sold anything not screwed down which we can assign a legal title to.
Say we started to think about fixed assets!
I suggest the obvious , the Royal Mint in Llantrisant- they have more use for it than we do.
Then how about:
Hampton Court Palace as the British residence for the Chinese Premier when he‘s on a trip to Europe.
Tower Bridge- as a brand image its superb - we could let them keep the toll fees.
The Tower - it would make a fantastic Chinese restaurant in the centre of London.
Oxford University to teach the 1.3 billion Chinese how to speak English.
The Isle of Wight to set up a European entrepot port and to spy on the ships of the competition
(ie those Sth Koreans) sailing up the Channel.
One redundant aircraft carrier, a dozen outdated Harriers and numerous destroyers to keep it safe
A new as yet unfinished aircraft carrier. They could have the latest model.
British Gas and all its supply contracts, they need power.
Britain’s half ownership of Shell and all its crude oil contracts. They need Oil
The Tin mines of Cornwall (they could be a penal colony). Copper is short.
British Airways and Luton airport. They could buy an airline instead of airplanes.
Then, as a sales incentive, we could show them around the museums in Kensington to see if there is anything on display which should be in Beijing. (Sorry The Elgin Marbles are Greek)
The mind boggles. We are rich.
We need the dosh - ASAP
Any of the readers got a suggestion to add to the list: ???????
(Sorry Guys, I was feeling flippant - The FTSE is back to 5000)
.



LinkBack URL
About LinkBacks
Reply With Quote



