UK Economic Decline
The cluster focuses on debates about the UK's deteriorating economy, citing issues like high inflation, cost of living crisis, low growth, Brexit impacts, austerity policies, and comparisons to other nations.
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The UK isn't thriving - 18% inflation, low salaries (except in the money laundering industry), bad and very expensive housing, no infrastructure investment, etc.
Surely the UK have better things to worry about? Like a cost of living crisis?
You imply the UK is a rich country...
The UK is poor because they decided to financialize the economy in the 90s and stop making things. It's like canada where the GDP per capita goes down every year. I'm amazed there hasn't been a revolution.
I was thinking the UK due to Brexit and austerity under the Conservatives etc.
Thats nonsense.England / the UK is a mess at the moment. They are heavily in debt. They keep on cutting benefits to the poor and allowing the rich to pay even less tax. According to your argument everything should be getting better because of this, but I assure you it is not.
It's not, its just that you are swept into the news cycle of doomerism where engagement is established with FUD. The UK is fine compared to many of its peer nations in many areas.
are you living in UK now? can you share your perspective and why you think it became a third-world country with first-world prices?
The UK gov doesn't have a clue what it's doing, so they invent a bunch of patriotic crap to try and keep the masses satisfied.Last year it was a flagship yacht, this year BritGPT. Just stick a Union Jack and 'Brit' somewhere in it, and call it a day.The country is going through an economic and existential crisis, with amongst the lowest productivity stats in Europe, the shitshow of Brexit impacting everyone, healthcare crisis and national strikes due to high inflation.<
This viewpoint is both evil (literally wanting to kill people... like the "best" politicians of the 20th century! /s) and delusional (UK had approximately 0 GDP growth since 2010, like other main European countries - so I doubt it was Brexit or Tories)https://www.imf.org/external/datamapper/NGDPDPC@WEO/D