The richer are getting richer while everyone else is getting
poorer. Some people are so desperate in South East London they are renting out parts
of their homes during the Olympics for surface to air missile launchers.
The reason that the government does not deploy a Robin Hood tax
on financial institutions for their speculative trade (the trade that brought
the economy to its knees in2008) is that those businesses will shut up shop and
go to the continent – causing vast unemployment in the City. With that there
would great strife amongst landowners and property developers as their steel
and glass skyscrapers buildings empty out and can only attract charity shops. The
City is the goose that lays the golden egg and that egg has to feed a lot of
people. All those thousands of support staff in Starbucks, wine bars, sandwich
shops and Sainsbury’s who fight and scuffle desperately to get the egg crumbs the
City workers drop just so they can earn their national minimum wage will also be
jobless. They will no longer be able to go to work at 6.30am in a choc a bloc
bus and return to their overfilled hard to let flat in Thamesmead. London will be transformed. Bereft of Land Rovers,
Porsches and taxis it will be easier to get around. London will be affordable to live in as rents will go through the
floor and the desperate but savvy cheap mobile labour will follow the egg elsewhere. Selfridges
and Harrods will become pound stores. So
what.
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