The UK has had a tragic fate recently! It was energy crisis before, and recently the pound crisis has caused another. What is going on?
This is how things look. The new British Prime Minister Tras and his new Finance Minister were planning to take office for more than a month. They were preparing to show off their jobs, but the former was about to step down, and more than half of the people asked him to resign. It may be difficult to guarantee his job; the latter has been resigned and has been resigned for only 37 days!
Some classmates would ask, what are the troubles these two people have done? The main reason was that two officials wanted to boost the British economy and introduced a series of policies in one go. But as a result, the economy did not improve, which also led to the three major financial markets, stock market bond exchange rate being killed three times! Especially the exchange rate of the pound and the US dollar almost broke 1, which is a situation that has not been encountered in a century. We all know that the pound has been more expensive than the US dollar in the past century!
Why did they make such a big mess? Mainly because the UK is in an energy crisis recently, and inflation problems are the high in the past 40 years! Some investment banks predict that this situation will continue until next year and the value will rise sharply.
So, the British people suffered and prices soared. Therefore, in order to lower inflation and prices, the Bank of England Bank of England has been raising interest rates on . This is also the basic operation of major central governments in recent days! However, since the new prime minister came to the stage, he wanted to show everyone to rectify the market and call for surprise, so he joined hands with the new minister to issue a set of super energy subsidies and maximum tax cut plans, combining plans. What is the logic of
? Isn’t this an energy crisis coming, and the people can’t afford to pay for natural gas and electricity bills? Then I plan to send subsidies to everyone; isn’t this economy at risk of recession? Then I will stimulate the economy in one step, and I will directly introduce the largest tax cut plan in the past 50 years. Is there no problem with this
b on the surface? But for the current British economy, that's a blow!
First of all, send subsidies, where does this money come from? The current British government is so poor that it can’t help but solve the problem! Furthermore, with tax cuts, Britain, which has already reached its bottom, has even reduced its fiscal revenue, so it will not be hungry to death!
So, Britain has a bad fate and is not good at the same time. You said, can they survive this severe winter? Brothers and sisters, leave a message to discuss.
