'It is rare for people to replace an expensive consumer product every two years because the next model is so alluring, although the existing one still works perfectly well. That is about as virtuous a circle as any company can hope to achieve' – John Gapper
Tokyo Puts Politicians, Not the People, First
Wall Street Journal - USA
Morgan Stanley's chief Japan economist, Takehiro Sato, concurs; he thinks it could, at most, lift the world's second-biggest economy by 0.2 percentage ...
In most industries such a virtuous circle would be a cause for celebration. But Sepp Blatter, the president of FIFA, football's governing body, cites English dominance of the Champions League as proof of the need to restrict how many foreigners a team may field. Michel Platini, the head of UEFA, the European wing of FIFA, concurs. Some old-style hoof-it English managers claim that import restrictions would somehow help the coaching of young British talent.
This is the sort of protectionist tosh that most industries have not dared utter in public since the 1970s. How could a sport get better by limiting competition or lowering standards? English children are bad at football mainly because their training is bad (something other places have fixed). The league football in Britain is unimaginably better than it was. With luck EU labour law will stop Mr Blatter and keep it that way.
Definition
vicious circle
noun
- a sequence of reciprocal cause and effect in which two or more elements intensify and aggravate each other, leading inexorably to a worsening of the situation."they were caught in a vicious circle—in low-paid jobs because they were women, while the jobs were low-paid because women did them"
verb [I] -rr- FORMAL
1 to agree with someone or have the same opinion as someone else:
The new report concurs with previous findings.
[+ that] The board concurred that the editor should have full control over editorial matters.
[+ speech] "I think you're absolutely right, " concurred Chris.
2 If two or more events concur, they happen at the same time.
hoof it INFORMAL
to walk somewhere, or to walk somewhere quickly:
We missed the bus and had to hoof it.
tosh
noun [U] OLD-FASHIONED INFORMAL
nonsense:
It's just a lot of tosh.
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