Anyone turning this into a race issue is obviously not from the UK.
From what i can tell it is black and white council estate / chavs doing all the rioting. Blacks generally don't know any better being at the bottom tier of society due to either lack sense / intelligence / genetics / morals / family values. However, what a lot of people outside the UK does not know is that their is plenty of white chavs who act and think just as badly as the black people.
From sources close to me i heard Indians stores in Southall (London) were targeted and especially some jewellery stores - well Indian (especially Sikhs) banded together and kicked these little 14-18 year scum bags back to their rotten dirty council estates.
What i find ironic is that people are trying to link Asians to this when they have no real part in this whatsoever. Well when i say Asians i really only mean Indians, i could clearly not give a fuck what the Pakistani or Bangladeshi community does because i have no real respect for these cultures in any form whatsoever.
Please stop labelling all these cultures as Asians - the difference is day and night and people need to realise this.
Also, i believe violence and riots are inevitable with the bankruptcy of Western economies and weak leadership. It was only a matter of time before the very poor realised they live in societies which actually had programs such as 'Hug a hoodie' as serious political programs. The society has both been ruined by bickering politicians and ridiculous laws and human rights.
These rioters should be beaten and battered and people should be able to protect their shops and houses with whatever means possible - this society which we have created is by politicians and lawmakers who live in their own little world. They think everybody is worth saving and rational minded - they have no clue how much unrest and divide they are causing within our culture.
From an economic standpoint this is what happens when the velocity of money falls only into the hands of the very few. The disparity between rich and poor is at the highest levels ever and can only mean the poor have very little to lose and feel general hate and disgust for society. I know this sounds as if i am sympathising with the Chavs but economically this is interesting - in the old days at-least 20-30% of current poor could get labour intensive manufacturing and factory production jobs - in today's economic environment the most these people can ever get is jobs in sports shop or Mcdonalds. This is generally the result of our money going to those who failed - so not only did they take money when times were booming, they have effectively taken money when we crashed. There should not be the amount of billionaires in society as there are if we had a more fair economy - it is ridiculous to assume one man should need to be a billionaire - but this is the case we face (keep in mind i am right wing conservative and i too have seen how capitalism in its many forms does have inherent failures).
The West is finished in terms of competitiveness and the torch has clearly been passed to our creditors (Asia) - this is a major shift in the world. The next couple of decades you will see major lack of growth in Western economies and USA and the unravelling of many credit markets. Asia will emerge the victor in all of this and those in the West will see our living standards fall dramatically.
This will lead to: dumb ignorant right wing movements of blaming immigrants which is always the first movement in times of hardship and the easiest to gain sheep like followers (i seriously see back-lash against Indian communities due to their abundance of wealth and success in the UK particularly, also most prosperous immigrant group in USA).
Secondly this will lead to Populism policies such as what we see in Latin America - this is the dumbest form of politics and will pander to all those suffering from the high commodity prices (which are inevitable in coming decades) and those suffering economic hardships. This will lead to even further decline in our economic standing and the shift between rich Asia and weak west will become abundantly clear.
We have very little choice and our binge in credit has finally come to an end. We have massive social security and future baby boomers to take care of. Society is so jaded by pathetic morals that everyone thinks only of themselves and don't have any inclination to help the elderly into retirement (this is of-course the job of the government which is broke
). Selfish society has lead to record break down in family values and keeping up with ones indebted peers has lead to near ZERO savings and hence no investment - also reason why we need to borrow from our surplus rich Asian brothers.
Great men have always said those who own your debt own you - this is how USA ousted Great Britain and caused us to be the little puppy dog we are.
The riots are inevitable and hardship and weak economic growth will continue - we have zombie banks and every policy pushed forward has failed. I just hope populism does not take control as then all rich and good companies will move to more favourable business environments.
It really is a shame that even though i love this Country i am thinking of moving my business to Singapore - it is simply like moving to New York after the WW2 - the amount of growth and opportunities will be immense. Those who thrive always learn from those who failed until the cycle is rinsed and repeated again and again. I can already see a shift in USA to desperate people turning more and more right wing and look at right wing religious groups, some of those preachers (fraudulent leaches preying of the weak) hold massive influential power which is obviously being used for complete corruption and more hard line right wing policies. I could not believe my eyes when i saw Christian being taken seriously on a major news network in US believing God cured his cancer and the reporters agreeing with him (not the Doctors or research teams but freaking imaginary God). This will lead to fear mongering irrational society which will mistrust any foreigner and hard working immigrant. Social unrest can only be the result of this or the breaking up of the States of the USA.
Lucky for me if i did move to China i will be entering a Country with more than 60% of those who don't believe in fairy tales and myths. It is time to seriously consider learning Mandarin and preparing your children to learn Mandarin. The shift is coming and finance will never be as lucrative as it once was - i see major shift to agriculture and farming as serious economic consideration for those wishing to start up new businesses. There is major lack of supply which has been building for decades, also monetising of debt will lead even higher commodity prices (after pullback) and we will see this sector boom in the coming decades.
I just hope i able and smart enough to prosper from this all - i hope i can let go of my emotional attachment to the UK as well.