2022 is probably the year with the most prime ministers in British history .
20, , who has just taken office for 6 weeks, has announced his resignation at , becoming the prime minister with the shortest term in British history.
To be honest, when I first saw this message, thought it was a rumor made by an irresponsible tabloid .
Because this prime minister was replaced too much, Britain is not Japan, why did the new prime minister resign after only one and a half months of work?
There are many friends who usually pay less attention to the news. The memory of the British Prime Minister is still at Johnson . As a result, Tras has resigned now.
Tras's time in office was too short. Perhaps the only thing you remember during her short term is that she witnessed the only time the throne of Britain changed to in half a century.
So, what has this British Prime Minister who has been in office for 6 weeks, done during her short term?
Why did she quit so quickly?
In fact, these two questions can be answered with one thing in my opinion: Tras made the British economy a mess .
The biggest news in the UK in September is death of the queen , while the biggest news in October is depreciation of the pound .
pound exchange rate fell in October, and even fell below the US dollar for the first time in decades, a signal that the UK's economic situation is extremely poor.
You should know that Financial City , the capital of the United Kingdom, is one of the several centers of the capitalism world.
Originally, under the impact of the new crown epidemic in the past two years, the UK's economy is already in jeopardy.
plus the UK's economy has been in a state of slow growth or near stagnation for decades. still has the problems left over from the 2008 economic crisis to the present .
This series of negative effects bonuses, after Tras took office in September, the economic situation in the UK was quite ugly, .
But that's not the worst thing.
The worst thing is that when the British economy faces such serious problems, a series of economic policies implemented by Tras .
We say that in the face of economic conditions like the UK, politicians of different levels have different approaches . politicians with very high levels of
may be able to come up with a way to solve the problem of .
Of course, this possibility is basically zero. The problems of the British economy have been accumulated over decades, and it is not a situation that can be saved by one or two prime ministers. politicians with relatively high levels of
are probably able to come up with a way to transfer issues , transfer the UK's economic problems to Europe and other developing countries .
level is generally but politicians who are sober and self-knowledge , such as people like Johnson, will put the problem aside .
As long as it does not deteriorate sharply in their tenure, these politicians can safely end their prime minister term.
But Trass is quite special. She is a type of person who has average or no , but she has to blindly solve the problem .
First, Tras introduced a series of tax cuts, , trying to stimulate the UK's economy through tax cuts.
But the problem is that this tax reduction plan for Tras is targeted. The tax reduction is tax for high-income people in the UK, which is the so-called " Rich Tax " . The tax on
is originally the most important tax in UK fiscal revenue. The tax cut for Trass is already empty, and the money is not enough to spend.
The British treasury is not enough, so Tras naturally needs to find a way to solve it.
The solution she came up with was to increase the UK's treasury bond .
such operations cannot be said to be uneconomical, it can only be said to be a fool of .
has greatly increased UK Treasury bonds, causing the UK's fiscal deficit to soar, but this is not the biggest problem.
Tras' tax cut policy targets high-income people, while the problem of low-income people has not been solved at all. The problem of is inflation .
Since the Russian-Ukraine conflict this year, Europe and other Western countries have sanctioned Russia, while their economy has also suffered a huge impact. The most obvious manifestation of
is that this year, the inflation rate in Western countries is frighteningly high, and the data is generally around 10%.
The inflation rate in the UK is also very high. Among Western countries, the inflation rate in the UK is among the top few.
Inflation is a very bad situation for the lower-level people in the UK, has greatly increased the instability factor in British society .
In this environment, Trass's tax cuts + debt practice is equivalent to loose expectation . The consequence of
is that under the expectation of easing , economic crisis and inflation , the pound exchange rate fell rapidly, almost halfway.
Simply put, the UK economy was originally was already , but after Trass made it a break, became even worse than .
, and the practice of Trass increasing the UK Treasury bonds greatly, hit the UK debt market , causing fluctuations in the UK stock market and bond market. The result of the fluctuation of
is that the British people's pensions invested by the British government have suffered substantial losses, which has also affected and impacted the British social welfare system.
in one set of operations, the UK economy is not good, finance is not good, the pound is depreciating, and social contradictions are intensifying.
is hard to imagine that so many problems were created by in just one and a half months after taking office in .
Although the economic situation in the UK that had accumulated troubles before was also the main reason, without Trass doing it like this, at least the pound would not depreciate so quickly.
So, the damage caused to Britain by Tras during this short term is harsh than most British Prime Ministers.
Domestic pressure should be the reason why Tras chose to resign. After she announced her resignation, some media reported that former British Prime Minister Johnson intends to return to the position of prime minister.
What Johnson wants to make is not clear, but in the current situation in the UK, any person who becomes the new prime minister will face extremely severe economic pressure .
Especially in the United States, which is the center of the capitalist world, has a bad economic situation.
Biden has given the media a vaccination, saying that "The United States will experience a slight economic recession" , and repeatedly emphasized that it is "slight" .
strip Biden of his words, The United States will experience an economic recession next year , and it basically won’t run away.
In the case of an economic recession in the United States, the United Kingdom, which has close ties with the United States economy, will obviously face greater economic pressure next year.
The current British Prime Minister, is a hot potato . I don’t know what Johnson would choose to do if he really served as British Prime Minister again.
Speaking of this, the author remembers a comment on the Internet.
British once said earlier: "The Queen will not let her people be frozen" (at that time Western countries were sanctioning Russian natural gas ).
The British who said this probably didn't expect that is no longer there now. So how will the people of UK live this winter?
