Thursday, June 16, 2022

RETHINKING - JUNE 16, 2022 - BRITISH DISASTER

 

Today, The Wall Street Journal published an opinion column by Joseph C. Sternberg about the bad moment the United Kingdom is living in now.
 
The column titled “The Very Preventable Economic Disaster Overtaking Britain” starts with the following statement “Policies are almost never truly stupid, but that’s the best term to describe the Tories’ recent decisions.”

After that, the author wrote "The U.K. economy is the world’s fifth-largest and Europe’s second-largest after Germany. London is a major financial center, and Britain is an energy producer and a vigorous global trader. What happens here matters to the rest of the world. So it matters that the British economy today is, to put it delicately, a hot mess."

This subject is very similar to some stories posted for the European press about the disaster the Britons are living at the moment.

My comments in blog sector of the WSJ Online that I posted today:

1) “It looks like Brexit didn't work like Mr. Johnson and his friends expected.”

2) “The case of the United Kingdom is not a surprise. Bad politicians destroy great countries. In the last few years, the U.K. has been walking across a chaotic situation. “

Both opinions received the approval of other members of the WSJ blog community with LIKED.
 
The British Disaster has some similarity with the current American disaster.

SOURCES: The Wall Street Journal, Deutsche Welle

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