Tuesday 29 September 2015

The British Economy and Austerity

The British Economy isn't doing that well at present. Since 2008 and the financial collapse, many people have lost their life savings, even their lives, but people were optimistic and thought we would see a recovery.

It has been 7 years and we're still suffering from the after-effects of the recession. Here in Britain our Government has imposed what they call 'austerity', which is just their way of saying they will cut funding to public services, force people off benefits (even disabled people!) whilst at the same time giving more money to the European Union (which we have never been allowed to have our say on) and to foreign dictators (they call it 'foreign aid, but it's not helping many out of poverty!).

There seems to be a lot of people telling us all that a free market is great, it will solve everything. The problem is, this isn't entirely accurate. We have a free market yet there are more and more people becoming unemployed as a result. A steel company has announced it will be making nearly 2,000 people redundant and 'mothballing' it's UK plant. This is due to low prices for steel, and high energy costs that make it difficult for them to run said plants. Other companies have also complained about the same and have asked the British Government to intervene, but State aid is against European Union rules (well, for us it is, not the French or Germans is seems...) so we cannot help businesses here in Britain.

Although I do agree that a free market is beneficial to many, I believe a mixed economy is better. A strong economy needs a free market along with Government intervention when required. Keynes had the right idea, and I am a strong supporter of having increased Government investment to give the economy a boost. This is easily done and doesn't, as many claim, automatically result in inflation. A Government could easily choose to purchase goods and services from many small and medium sized businesses to help increase their earnings, and if they earn enough as a result, then it can create new jobs. The benefit for the Government, in addition to having a good strong economy they can boast about, is the businesses will return most of the money to the Treasury in the form of taxes. This isn't just corporation tax (companies) or PAYE/NIC (self-employed and employed) but also as VAT related taxation. So the Government will find it's investment returned with a nice 'profit', and at the same time they have given people hope.

Tuesday 21 July 2015

InstaGC and Earning in Cyberspace

Since the invention of the World Wide Web, there have been so many ways that people have made money. Some of these are scams, pyramid schemes or not even very clever frauds, but we have seen communities springing up to warn potential victims of these scams, and to redirect those people to legitimate opportunities. Personally I have been scammed before, but there's not a lot that can be done about it so I report them and just have to move on.

And it's in this spirit of moving on, and helping others to find a good opportunity to earn that I write this post. We've all seen the websites that ask you to join them and earn lots answering surveys, but what you may not realise is that some of these sites don't just have boring surveys (let's face it, surveys are boring, who really likes answering the same questions over and over?), they also reward you for watching videos (mainly just adverts) plus doing tasks such as visiting websites. Yes, you earn points for just simply clicking through to a website, sometimes it's just that simple. There are some that require some interaction but a site showing 10 naturally beautiful women (without makeup, but fully clothed) isn't exactly a chore and just requires you to click through them and occasionally enter a code. Easy.

One such site is InstaGC. You do the tasks, watch videos, answer surveys and earn points for doing all this. And the best bit is the payout. For the minimum £1 gift card (they actually let you have a gitf card for £1, something that's unheard of elsewhere, these gift cards are for various platforms, Amazon, iTunes, Playstation Network etc), you just need to have 160 points. I currently have £2 in giftcards (I like to test these things so redeemed my points) and all I have to do is use the code I received from InstaGC to use those giftcards on Amazon. It's a nice easy way to earn, the more you do the more you earn. So please have a look and if you sign up please pop back and tell me. It's nice to see that people are doing well

If you want to take a look, the link is RIGHT HERE!

Steve ;-)

Saturday 11 October 2008

A Decentralised Motor Industry

The motor industry needs to evolve. In Southampton, UK, Ford is considering closing the factory that produces it's Transit vans and relocating to Turkey. Many people rely on the factory for employment.

The future doesn't have to be bad for anyone made redundant though. The silver lining is that former employees of motor manufacturing companies can work together to produce their own vehicles, either own-branded or on behalf of, and funded by, another manufacturer. They have the relevant experience, after all. A small group of people in the Midlands could produce the engine, another group in Southampton could produce the shell. This is how businesses should work within the network economy.

Imagine being part of a company, owned by 30,000 people including yourself, that produces vehicles in the homes/sheds of it's employees/shareholders! Imagine building a gearbox and then sending it on to someone living in the next City to have it tested and added to a vehicle. Your parts could create a new vehicle or they could be sold to a parts retailer. Profits shared between the owners of the company, who also happen to be it's employees. The co-operative may be the perfect business for the network economy.

Friday 8 August 2008

BT creates life!

British Telecommunications PLC is hoping to create the first Artifical Intelligence based network system.

The proposed system will repair itself and will enable the group to cut costs.

Sounds good!!

Monday 18 February 2008

Yahoo! says no!!

Yahoo! has said no to Microsoft after the takeover bid earlier this month. The company said that Microsoft's bid undervalued it's shares, the price of which will keep rising. AOL Time Warner has put forward a proposal for a merger of AOL and Yahoo! to keep it (Yahoo!) out of Microsoft's hands.

Yahoo! shares may be almost full-priced now, the shares won't keep rising for long and there won't be many more opportunities for people to make a profit from the shares other than from the dividends.

Lara Croft's National Treasure

SCI Entertainment, the company behind the extremely successful Lara Croft: Tomb Raider films, should produce a film that combines Tomb Raider with the National Treasure films. Both films total two in number and by creating a combined third one they become intertwined and make a double trilogy that will earn both SCI and Disney substantial revenues from the film and the inevitable games.

From a successful collaberation will come more opportunities for both companies to make more money. Shares in SCI are worth buying just because of the value of their brands, ie Lara Croft:Tomb Raider and Kane & Lynch.

Friday 1 February 2008

The Battle for ITV

The newspapers are all adding their pennys worth into the debate over whether Rupert Murdoch's BSB should have been allowed to keep the 17% stake in ITV or if they should have just never been allowed to go above 7%.

It seems our own Sir Richard Branson is buying up ITV shares and may be taking it over. Sir Richard is an excellent businessman who has built up one of the best known brands from nothing, he started selling records when he was 17! Definitely a great role model for budding entrepeneurs.

If Sir Richard was successful in obtaining ITV then the Virgin Group would be one of Britain's most successful media conglomerates with interests in tv, radio, broadband and publishing. To add more value to the Group I think he needs to launch a Social Networking site, he could give access to films and tv programmes to people, they could also let him know what they think of his products/services.

ITV and Virgin are good buys, buy up shares because they are going to keep rising.