• Luvs2Spuj@lemmy.world
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      5 months ago

      Tried to steamroll through new economic policy that was plain stupid, which the bank of England had to intervene on to stop peoples pensions going broke. This resulted in a huge spike in interest rates that thousands of people are still affected by today. There is much more to it, but thats the short story. Fuck this woman, she should be in prison not flogging books.

      • Eheran@lemmy.world
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        5 months ago

        Uh … yes? Sorry for not keeping up with UK politics I guess?

        • Zagorath@aussie.zone
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          5 months ago

          To add to @sunbeam60@lemmy.one’s comment, the whole thing: from her becoming PM to resigning, lasted just 50 days. The shortest PM in British history by far, beating the previous record of George Canning of 119 days in 1827.

          And her premiership would have been even shorter, except that the Queen died on her watch, which put a complete pause on British politics for a time.

          • XIIIesq@lemmy.world
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            5 months ago

            Worth noting that Canning died in office, rather than having to resign in disgrace.

        • sunbeam60@lemmy.one
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          5 months ago

          TLDR; she became prime minister (PM) because some powerful forces in the Conservative Party thought she would be easy to control (they were right), she instigated a borderline libertarian, trickle-down tax reform, the international money markets went insane (because it was borderline insane, unfunded and left no doubt as to her ineptitude), the U.K. economy took a massive hit - and all of this within a week or two - and it became crystal clear that she actually was indeed exactly as inept and dumb as she looked, so she was replaced because while everyone in her batshit crazy party was like “tax cuts for the rich”, enough of them understood that for the money markets to have any confidence in the U.K. economy couldn’t actually be run by someone with the intelligence of a lettuce. Fun fact, a newspaper ran a “who will die first, this lettuce or Liz Truss?” live video stream of a lettuce were proven right; the lettuce outlived her.

          I’m missing a lot of detail that can best be summarised as: Liz Truss is a shining example of the Dunning-Kruger effect.

          Although in fairness to her, she did open up new POOOOOOORK MARKETS!!!

        • kralk@lemm.ee
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          5 months ago

          You might have started by reading the article?