On 21/04/17 12:31, Capitol wrote:
Dave Plowman (News) wrote:
In article ,
The Other Mike wrote:
On Thu, 20 Apr 2017 11:16:35 +0100, "Dave Plowman (News)"

wrote:

Old kit becomes obsolescent naturally. Anyone still using a 405 line
VHF
TV? No? Was that because of the EU?

Indirectly it was, the Krauts invented PAL, we managed perfectly well
with black and white tv's.

PAL was developed at the request of the European Broadcast Union. The
previous colour TV system, NTSC, had undergone extensive trials by the
BBC
etc and been found lacking.

There's an obvious reason why a German maker spent large sums developing
PAL as a European standard (incidentally first used in the UK, before
Germany) and that was they actually invested in industry, unlike the UK
which preferred to pay out as much as possible to shareholders. Hence
there being no UK owned electronics company these days, while the
descendants of Telefunken are still going strong.


Whilst basically I agree with you, you must bear in mind that UK
insurance companies own vast holdings of world wide shares. In that
respect, private companies are much better at investing than most public
ones. The normal sign of doom is purchase of a company by a hedge fund.
The result is normally a shell with no assets. cf BHS, Little Chef and
now Debenhams.

Ogh god, its 'Red Dave' whinging on about capitalists.

Howes the German jet engine business doing Dave?
When did you last buy a German camera?
What computers are designed in Germany Dave?
What chips are still designed in Germany Dave?

I don't want to live in a ****ry that makes only cars and windmills and
washing machines, frankly.





--
The theory of Communism may be summed up in one sentence: Abolish all
private property.

Karl Marx