To look at Britain’s economy today is to shudder. Things are going badly, badly wrong — on an astonishing scale. Brits will tell you that “nothing works,” and that’s true — but the truer problem is deeper than that still. Britain is now in an economic doom loop. And what’s worse is that — while it’s elementary economics — nobody much in power seems to a) recognize it b) understand it c) have a plan to stop it.
And without any of those? Britain now faces, almost surely, perhaps the bleakest decade in its modern history. One of its bleakest decades for a very, very long time.
That’s not just a problem for Britain — it’s a warning to the world.
(Now, when I say “nobody cares,” I don’t mean you, or the person down the street. But I do mean political figures, parties, the intelligentsia which essentially runs a country, its systems and institutions. I mean nobody with…power. They all seem to be happily pretending things are fine. But, emphatically, in Britain? Nothing is fine.)