Tri Talk HomepageTri Talk EventsTri Talk ForumsBlogsTri Talk TrainingTri TradeTriPlayerWikiTeam Tri Talk
France is getting Ugly
Goto page Previous  1, 2
 
Post new topic   Reply to topic    TriTalk.co.uk Forum Index -> Off-Topic
View previous topic :: View next topic  
Author Message
explorerJC




Joined: 20 Oct 2005
Posts: 15908
Location: Farthingstone

PostPosted: Mon Dec 10, 2018 10:52 am    Post subject: Reply with quote

Jorgan wrote:
Let them eat cake.


Chapeau!
_________________
www.appliedtri.co.uk Tri and Du coaching

www.naturalrunningform.co.uk Natural Running Form Coach

2018 Training Camps http://www.appliedtri.co.uk/training-camps/
Back to top
View user's profile Send private message Visit poster's website
explorerJC




Joined: 20 Oct 2005
Posts: 15908
Location: Farthingstone

PostPosted: Mon Dec 10, 2018 11:30 am    Post subject: Reply with quote

Chrace wrote:

But the pension is the crux of it really. It's hitting all over Europe with the babyboomers getting older and a dip in who pays for them. T.


it's not as if we didn't all see this coming...

we/they will have the EU shortfall to pick up soon as well...
_________________
www.appliedtri.co.uk Tri and Du coaching

www.naturalrunningform.co.uk Natural Running Form Coach

2018 Training Camps http://www.appliedtri.co.uk/training-camps/
Back to top
View user's profile Send private message Visit poster's website
Buzz_




Joined: 19 May 2007
Posts: 413

PostPosted: Mon Dec 10, 2018 2:52 pm    Post subject: Reply with quote

Chrace wrote:
But the pension is the crux of it really. It's hitting all over Europe with the babyboomers getting older and a dip in who pays for them.

What it needs is an influx of young, able bodied migrants to pick up the slack..
Back to top
View user's profile Send private message
GrahamO




Joined: 10 Apr 2005
Posts: 10166
Location: United Arab Emirates or an airport

PostPosted: Mon Dec 10, 2018 4:11 pm    Post subject: Reply with quote

mattsurf wrote:
Despite what GrahamO says, Productivity in France is pretty good, around 20% higher than the UK, but salaries are also higher, which does offset some of the difference


The French efficiency is positive but like expecting the rich to pay all the taxes while the rest live off them, its not going to work.

You sgould try reading Atlas Shrugged for the dangers of overall being okay but finding that the top 10% are taking all the load and the rest are utterly useless economically.

As to the Marconi situation, and having worked them for over two decades I can say that you actually have no idea why it folded.

Marconi folded because of Gordon Brown, Vodafone and the rest of the 3G auction bidders. The treasury took about 35 billion in licence fees out of the market which left all the major operators out of cash for years to come - and just when the dotcom crash started, they had no money to buy stuff, so the supply chain crashed, and Marconi went bust.

But even though it was technically bust, all its assets were bought by others in the supply chain like Huawei and Ericsson - who the sold the exact same Marconi products to BT that they had always bought but under a different brand. The bigger operators ahd the cashflow to survive the BT auctions that put Marconi out of business.

Marconi SPa as it was, was always separate from the main Marconi group so it survived and it was nothing to do with manufacturing or cost or anything else. Its product line was aimed at the Tier 2 operators (Marconi Coventry and Liverpool supplied Tier 1 operators) so when Ericsson and Huawei came to buy stuff, they didnt want the tiddlers so Marconi SPa survived as their clients werent affected by the 3G auctions in Europe.

Marconi UK manufacturing as world leading, it won several Guinness Records and was lightyears ahead of Italy - and its unfortunate downfall was zero to do with manufacturing.
_________________
Arguing with engineers is like wrestling in mud with a pig - after a while you realise they like it
newMan : I don't know why you think you can address me like that! Don't ever reply directly to any of my posts again please.
Back to top
View user's profile Send private message
Jorgan




Joined: 12 Nov 2007
Posts: 17862
Location: alles was ich bin, alles was ich war

PostPosted: Mon Dec 10, 2018 4:31 pm    Post subject: Reply with quote

^^ Wasn't the only bit of Marconi that 'survived', the division* that merged with British Aerospace to form BAE Systems? The rest went to the wall in 2005/6, as you say.

* Marconi Electronic Systems
_________________
27 Years since it all began....
Back to top
View user's profile Send private message
explorerJC




Joined: 20 Oct 2005
Posts: 15908
Location: Farthingstone

PostPosted: Mon Dec 10, 2018 6:16 pm    Post subject: Reply with quote

Buzz_ wrote:
Chrace wrote:
But the pension is the crux of it really. It's hitting all over Europe with the babyboomers getting older and a dip in who pays for them.

What it needs is an influx of young, able bodied migrants to pick up the slack..


and if only they had some sort of multi national agreement to cooperate economically with their neighbours...that would ceretainly stop them falling 2299.8 bn euros in debt...
_________________
www.appliedtri.co.uk Tri and Du coaching

www.naturalrunningform.co.uk Natural Running Form Coach

2018 Training Camps http://www.appliedtri.co.uk/training-camps/
Back to top
View user's profile Send private message Visit poster's website
GrahamO




Joined: 10 Apr 2005
Posts: 10166
Location: United Arab Emirates or an airport

PostPosted: Tue Dec 11, 2018 3:25 am    Post subject: Reply with quote

Jorgan wrote:
^^ Wasn't the only bit of Marconi that 'survived', the division* that merged with British Aerospace to form BAE Systems? The rest went to the wall in 2005/6, as you say.

* Marconi Electronic Systems


Not correct as MES split from the GEC group, BEFORE the formation of the consolidated Marconi Group.

It was the sale of the defence business and the buyout of the Siemens share in the GPT company and the merger of the MarconiSPA Italian business, which formed the Marconi group.

The MES defence business was never actually part of Marconi - just its GEC predecessor.
_________________
Arguing with engineers is like wrestling in mud with a pig - after a while you realise they like it
newMan : I don't know why you think you can address me like that! Don't ever reply directly to any of my posts again please.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    TriTalk.co.uk Forum Index -> Off-Topic All times are GMT
Goto page Previous  1, 2
Page 2 of 2
  Share
 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum





Home | About TT | Privacy Policy | Terms and Conditions | Advertising | Contact TT
Copyright ©2003-2015 TriTalk®.co.uk. All rights reserved.