SLOC means Sea lines of Communication. Wether it is light blue or dark blue its vital for a nation such as ours to preserve its integrity. Irrelevant of how long that line is. Do me a favour and go for a walk around your house and look at where everything comes from. Then ask yourself why you bought it? Was it because it was reliable and cheap, and possibly made in an exotic country that you once visited on Det or was because it was from an average and more expensive country that you would avoid going on Det to.
Are some of these things in your house electronic devices incorporating rather advanced technologies? Has it ever occurred to you that that it’s not good for Britain to be dependent on foreigners for electronics?
And in the longer run, how is Britain supposed to balance or offset its trade deficit with respect to higher-tech manufactures? With more exports of pop music and TV shows? Are east Asians supposed to do all their investing with City of London banks?
The reason why Ireland became the Celtic Tiger it was and we became its major trading partner was they were so wealthy and they didn’t mind paying extra for average. Well, we are now propping them up and I am sure that out of appreciation they will continue to buy from us. Only a complete sceptic would expect them to find a cheaper trading partner to exist with.
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We sure do hope that British armed force can continue to keep SLOC in the Iraish Sea open … Quite a challenging task, but you guys may be up to it.
AS for Ireland having been a wealthy Celtic Tiger – No, it wasn’t. Too much credit and debt was created in Ireland, the collateral for the loans being vastly inflated real estate values.
It looks like Eire may have to go back to balancing its trade deficit the old fashioned Irish way – by the export of Irish people.