LONDON (AP) — British Prime Minister Liz Truss quit Thursday after a tumultuous and historically brief term marred by economic policies that roiled financial markets and a rebellion in her political party that obliterated her authority.
UK was already in a precarious situation due to Brexit, then the pandemic hit, and then UK decided to start an economic war with Russia. At this point it’s difficult to see how UK can recover economically from the death spiral. High energy costs are the underlying problem that’s destroying the economy. With energy costs having jumped to incredible amounts, a lot of businesses stopped being viable, and the public is cutting spending on top of that. The only near term solution there is to normalize relations with Russia which is politically impossible.
UK was already in a precarious situation due to Brexit, then the pandemic hit, and then UK decided to start an economic war with Russia. At this point it’s difficult to see how UK can recover economically from the death spiral. High energy costs are the underlying problem that’s destroying the economy. With energy costs having jumped to incredible amounts, a lot of businesses stopped being viable, and the public is cutting spending on top of that. The only near term solution there is to normalize relations with Russia which is politically impossible.
Well they could try to colonize someone else