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If you’ve spent a life and the market being supreme then it’s a shock. China’s economic system is wiping the floor with the west. The U.K. has just nationalise
by hdgvhicv 3mo ago
If you’ve spent a life and the market being supreme then it’s a shock. China’s economic system is wiping the floor with the west.
The U.K. has just nationalised a steel plant which had been bought by China to stop it from being destroyed, and of course the economic right wing hate this as steel is far cheaper to import.
- lostlogin 3mo agoBritain is on a hell of a trajectory. First Brexit then the rise of Reform. If that scam of a man wins the next election, it’ll be quite the show.
- inigyou 3mo agoIt's basically the same past trajectory of Germany, no? Many countries are on it right now.
- lostlogin 3mo agoBailing out the EU was a big hit to the economy and not many countries have taken hits like that. There are estimates as high as 10% of GDP, though 6-8% seem more agreed upon. https://en.wikipedia.org/wiki/Economic_effects_of_Brexit https://en.wikipedia.org/wiki/Economic_effects_of_Brexit
- hdgvhicv 3mo agoReform reached 31% in the polls and have slipped to 26%. there’s a (slim) chance Farage will be beaten by a comedian in a bin. Trump reached 55% and became president. Twice. Pot. Kettle.
- t0mpr1c3 3mo agoYou're not wrong. But unlike the USA, at least Britons realized Brexit was a mistake. And that Johnson was corrupt and a liar. I am a citizen of both the UK and USA. It is astonishing to me that Trump could be voted back in after attempting a coup.