Power outages, sky-high bills, water shortages, poor public services, excessive taxes, and a faltering economy:
Britain is in trouble.
British Prime Minister and leader of the conservatives, Rishi Sunak, admitted that he had no intention of doing away with the steep tax. While promising transparency with his remarks, he meant he’d be more open when paying off the queen.
Still,
He’s just becoming unethical on the issue.
As the country's biggest trading partners and key investors are withdrawing their pound sterling, it means that Brits are yet again facing another recession.
So,
Why is the country falling apart?
As has been said before,
The real reasons behind Britain's current problems are deeply rooted and considerably more complex than just a few politicians and MPs not doing their job.
If you genuinely want to understand what is wrong with this country, this video is an excellent place to start because it will help explain why Britain crashed over the past years.
Furthermore,
Even those who are not British can benefit from this spectacular, historic failure.
The lettuce notoriously survived longer, according to the worldwide joke.
Just after George Canning held the record, serving 119 days in 1827 when he died
Then came Liz Truss,
A British prime minister whose disastrous reign ended in just 45 days!
In a speech issued in front of 10 Downing Street, she stated:
"I recognize, given the situation, that I cannot deliver the mandate on which the Conservatives elected me. I have spoken to His Majesty the King to announce that I am resigning”
With tweeter reactions following:
"Here in the UK, we haven't become collectively crazy. We are held back for far too long by the political structure in the UK, with Tory replacing Tory and whittling down the tory list available every time. Need reform; otherwise, these illegitimate leaders will be constantly replaced"
*After 44 days of complete mayhem, Lizz Truss resigns.
It's time for the citizens of this country to fight back and act in our best interests after the government ruined the economy, drove up mortgage rates, and reversed course on every primary choice, including the Energy Price.
Guarantee”
The late British Prime Minister Winston Churchill once spoke about India before that country gained independence, yet this comment is appropriate for the UK now…
"Leadership will fall into the hands of scoundrels, outlaws, and freebooters; all Indian leaders will be mediocre people made of sand. They will have innocent hearts and lovely tongues. They will battle it out among themselves for control, and political disputes will consume India. There will come a time when even drinking water and air in India will be levied."
The 1922 Conference,
A body of Conservative MPs outside cabinet roles can send letters of no confidence in the prime minister headed by Brady, whom Truss met with before announcing his resignation. A spokeswoman for Downing Street told reporters Truss wanted to remain in power shortly before the debate.
During the argument's hour-long duration, 17 Conservatives mandated that Truss resign.
More than 100 people were said to have submitted papers to Brady by Thursday voicing their lack of trust in the prime minister.
Truss and her Chancellor of the Exchequer, Kwasi Kwarteng, both radical libertarians, suggested borrowing enormous sums for tax cuts for the extremely wealthy over those 45 downright disastrous days.
Kwarteng wanted to give 45 billion pounds of tax cuts to the rich, with absolutely no control over spending it how they wanted!
And did they spend it?
Well,
They spent it on anything with a pulse,
With all the endless funds they have access to, you would think they would have some concern for the future of our country. But they don't see it that way. They believe that if they can get into the best schools, live in the biggest houses and drive around in their luxury cars, it will all be okay. They are apathetic!
As of 5:00 P.M.,
The pound was trading at $1.128, up 0.6% for the day. It is still where it was on September 22, before Truss' market-moving budget. After initially declining, gilt yields ended the day unchanged.
After a year,
Jacob Rees-Mogg, who still seemed to be searching for untapped "Brexit possibilities," promised anyone who would listen that leaving the EU would allow for much cheaper food, increasing people's disposable income.
We're all familiar with how poor people feel, but we're unaware of how poor they are.
If you were to ask someone living in poverty what their living standards were like, they might not be sure how to answer — or they may be unable to give you an accurate answer.
Judging by the mounting evidence of a British living standard flunking into Dickensian levels, some commentators are already pointing to the future for us.
You see,
Britain is not only in a recession but has been there for years. And it shows no signs of ending soon!
People no longer treat their retirement funds with care and respect
Nowadays,
People are going bankrupt at an alarming rate due to their inability to manage their finances properly.
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Brexit has shown how unrealistic such hopes were, but that is not the point: making promises like that was unfair, and we are only now beginning to bear the costs.
Politics after Brexit prove challenging for Liz Truss and her administration.
They want a smaller welfare state, Darwinian economics, and public spending cuts due to leaving the EU, which is neither what the Tories promised during the two elections that followed the 2016 referendum nor what millions of Supporters of Brexit thought they were choosing.
Meanwhile,
The government risks becoming entangled in its attempts to escape Brexit's never-ending restrictions to spur growth. To reduce net migration to "tens of thousands," Suella Braverman, a home secretary who personifies all of current conservatism's ugliness and social anxiety, declares.
However,
Downing Street has been indicating that it wants to liberalize the UK's policy on immigration, a step that would undoubtedly cause some Brexit supporters to erupt in rage.
The possible explanation for everything in disarray is that it cannot sustain the logic behind Truss and her supporters' position.
As the Brexit revolution that transformed Conservative politics and brought them to power disintegrates, the root of their triumph also serves as a surety of their downfall.
Keir Starmer's Labour party faces similar paradoxes given its persistent refusal to challenge Britain's Brexit deal, but it appears to be hesitantly attempting to find a way through.
When Starmer spoke the ‘B' name and hesitantly discussed what Brexit's tragedies entail for people's views on social issues, it was one of the fascinating moments of the previous two weeks' worth of political theatre.
He claimed that many Brexit supporters did so to have "democratic control over their life... possibilities for the future generation... neighbourhoods they were proud of... public services they could rely on." This recent history interpretation was slightly idealized, but it almost felt accurate. Whether you voted to leave, he continued.
The last question is whether growing discontent and hatred will result in a smooth transition from the Tories to Labors.
The substantial public confidence issue that resulted in Brexit and the never-ending political turbulence that followed was primarily caused by the lies Tony Blair told about the Iraq war.
The lies of 2016 are now coming to light in a political climate that is much more poisonous and polarizing.
The development of politics in Italy, Sweden, and France over the last year suggests that political stability may depend partly on a leader willing to be more autocratic than democratic. The recent behaviour of leaders across Europe paints a picture of politicians being scared off from taking decisions and being afraid of not having the support of their fellow citizens.
The ultimate Brexit paradox may yet unfold after Truss is out of the way: a horrifying boom for the same style of government that its breakdown should have wiped off for good.
All of these methods are irrelevant, which is the terrible truth!
As a result,
A rotating cast of prime ministers and influential personalities who support different ideologies come and go, change sides politically, and experience cultural ups and downs.
All of these strategies are ineffective, as history has already shown.
After all,
Six long years have passed since Brexit, and every single one of the strategies above — deceiving the public, attempting to coerce the rest of the globe, and Truss's radical libertarian utopianism — has been unsuccessful.
However, 0
The hula-hoop continues to spin.
After Truss leaves office, the wheel of fortune will turn once more, and the British people—or the Conservative Party—will be asked to choose between these possibilities as though logic and history have no bearing and never have.
Britain is collapsing, and the pain has become overwhelming for many people.
The National Health Service has been glorified as "the envy of the world" — now, it looks more like a place where patients can be turned away waiting months to see a doctor.
And even if you make it in, there is no medical care available on weekends or in many areas.
How bankrupt has Britain been since Brexit?
Here are some figures.
Trade has declined.
The UK seems to have evolved into a less trade-intensive economy, with sales as a part of GDP declining 12 percentage points, according to Britain's own OBR, since 2019, two and a half times more than in any other country.
Brexit was a terrible idea.
It's been a devastating disaster for Britain.
But we should not despair, not yet anyway.
Who knows?
Maybe Brexit will somehow still benefit us all?
Will the Brexit we've all been waiting for finally arrive?
Or
Will it just be another sad part of Britain's history of economic self-destruction?
The British economy is in free fall.
It's not just that the pound has dropped — it's the fact that exports and imports are down, too. Britain is suffering in the aftermath of Brexit because while it may have been an idea whose time was coming, we didn't want it to arrive.
Still, it did, so we lost out — we lost jobs, businesses closed up shop, investment stopped flowing into our country, and now those who were hoping that Brexit would be the miracle cure-all they might have wanted are having to swallow hard reality.
NO,
Wait,
Actually – it has faced unprecedented cruelty, inequality, and oppression at the hands of politicians who care about nothing but their power.
Britain is involved in this downward spiral for a purpose. There is no method to deal with the issue.
Let’s look at the link between economics and politics.
Economically speaking, Britain's economy was ninety per cent the size of Germany's at the turn of the millennium.
Now it is less than seventy per cent!
So when the economy goes from an 80%+ share to a 70%+ share, things will get worse for those people — for their jobs, for their standard of living — because that means that every other group left in society has to pay more for goods and services.
It is why politicians (who have no direct economic power) must focus on stabilizing the supply side of the equation — meaning growing our exports — rather than reducing imports from overseas by pushing taxes up on everybody else's spending.
Britain's economic crisis is bad enough.
But don't forget that it's not only Britain's economy collapsing. The world economy is in a state of turmoil as well. In my next video, I will show you how things were much worse before the crisis and what we can learn from history.