African Lakes

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bbbb - Sat, 30 Dec 06 :

With the extremely long history of the company, initially providing transport infrastructure in east africa, later trading and plantations, it's a shame that the demise was brought on by ill-judged diversification into loss-making areas such as uk motor and then computing equipment distribution. The prudent Scottish business skills which had adapted to a changing world were ultimately discarded to a pattern which was once rare and shameful, but is now so commonplace as to seem part of mainstream capitalism. Now that the latter has evolved to ever more mathematical ways of structuring debt under the ummbrella
of 'private equity,' the message must be that the opportunity for gleaning a good living from hard work is rapidly diminishing, except in those parts of the globe where moving up from subsistence level is the achievement. No surprise therefore as to the career of choice in the 18-24 age group in some large uk cities, such as liverpool, manchester and nottingham.


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