Not so Great Britain is fast on track to become effectively Europe’s third world country – In the global GDP per capita tables, Ireland ranks 3rd of 192 in the IMF table and 4th of 187 in the World Bank ranking, the UK ranks 48th allegedly. GDP for the UK is 43K, Ireland 107K. UK ranks 161 for low taxes which means we have high taxes, 94th in fiscal health, and the national debt is 86.9% of GDP, and 119th on exports.
The UK’s economy will slam into reverse this year as the cost-of-living crisis hits households hard and will see the worst performance of all the advanced nations, the International Monetary Fund (IMF) has warned. Every time the Tories are in power it always ends in economic crisis, recession, dishonesty, corruption, and decline. The outlook is bleak
The UK is suffering from a few unique issues compared to the other advanced economies.
According to Mr. Johnson of the IFS, the inflation rate of more than 10 percent is “holding us back”.
Commenting on the impact of Liz Truss and Kwasi Kwarteng’s highly criticised, tax-cutting mini-Budget, Mr. Johnson said there are long-term consequences of “political instability, particularly in terms of international companies being happy to invest and the risk premium they might take on [with] the UK”.
“While most of the consequences of that mini-Budget have dissipated, the sharpness in the increase in interest rates that created, and the uncertainty that’s created, will continue to weigh on the UK in ways that aren’t immediately visible in the headline figures.” (George Lagarias)
Apathy – The SNP, allegedly, will cross the civil service picket line today at Holyrood along with the Tories and the Liberals while Labour and Greens won’t, says it all really doesn’t it. Clapping key workers just gets more hollow by the day as the Tories continue to attack workers with draconian legislation the Scottish Government will do what they do best, nothing. Last year it was reported that historically, Scotland has had poor economic growth rates, an appalling health record, and social problems rooted in high levels of inequality. Despite a blueprint for public service improvement issued a decade ago, Scotland’s impartial auditor general said last week that major policies have failed to deliver.
There is hope though even though I am a glass-half-empty blogger – Scotland could have a way out of this nightmare. We can chart a different path if we would just reach out and grab it, it won’t come from the SNP and Nicola Sturgeon that is for sure, you won’t find it with the Tories, or Tory Light Labour. The hope that keeps me going is the yes community, it’s the new media bloggers, it’s the hope that there is a tipping point and we can find a way to reach out to those who at the moment just can’t see third world UK for what it is, a shit hole but we just have to keep going or there is no point in getting up in the morning. I don’t know how we get there when we get there, but I have to believe, somehow, that we can get there. The UK is over bar the shouting, I even want in many ways for things to get worse as that may well be the only thing that wakes up enough people.
Reblogged this on Ramblings of a now 60+ Female.
So, you are still calling Putin a madman – on what evidence?
If you want to learn about the world we all live in, try this:
I think any leader who resorts to war, no matter who they are, is a madman or madwoman. I cannot stand war in any shape or form as it’s always the weakest who suffer the most, the ones who just want to get on with their lives. There are also a lot of studies now that imply that Putin is a psychopath at best and has serious mental illness at worst, anyone who invades a country has a mental illness as far as I am concerned no matter who they are. I will check out the link thank you.
Thanks for commenting.
So you’re quite happy that nazis and fascists were bombarding East (Russian speaking) Ukraine. And remember that the West (eg Merkel and Hollande) were lying through their teeth in an attempt to let the fascist Ukrainian army build up its forces to attack Russia. War is bad, but I don’t think Churchill, Roosevelt and Stalin were mad. I don’t know what you want. Is it that folk in East Ukraine should just die quietly and not bother us?
I am not happy if there is war anywhere, I get that from my father, sadly passed now, who was in the Navy 38 to 47 and fought the whole war and hated violence in every shape or form. He helped form my beliefs and while he wouldn’t talk much about what he did or saw he would say it was awful and nothing to be glorified, I’ll go with my Dad. Stalin killed millions of his own people after the war, the USA used the Marshall plan to grow their own power and wealth, Churchill as little said the better about that man. I wish I had a solution for Ukraine I really do but I also find that the west still buying Russian gas and oil during this conflict tells me a lot about the west and it’s lack of morals and you do have to question how much they support the people of Ukraine. There are no simple solutions and if I could stop the fighting I would in a minute.
Thanks for commenting.