Oh wow what the hell.
Colonialism is bad. They should instead appeal to these nations for loans and set up special economic zones in London and Manchester.
I really thought the US was gonna collapse faster and years before the UK, but it’s starting to look like the entirety of TERF/Pedo/Awful island could spontaneously catch fire next week
Half the island is just a bank. And most of that bank exists as a tax shelter for foreigners.
At least the US has mining, manufacturing, agriculture, tech... The hell does the UK even do anymore? Fish?
There's a reason the US was the empire that took over when the British fell. It's more economically productive, way bigger, and has more advanced mechanisms of social control.
Give it a month and they'll wish the whole island would burst into flames because they can't afford heating.
seems a bit of a powder keg
https://stellartabi.tumblr.com/post/189651217455
the biggest fall in living standards on record so far
it's gonna get worse once the state's own austerity won't be enough and they'll have to rely on an IMF loan contingent on absolute and complete shock doctrine
Would the IMF play hard ball like they do all over the developing world or just sort of shrug and pull their punches because they're dealing with the imperial core they were founded to work for? Has any big major western economy fallen prey to them before or is this a test case?
hard to say, but i scarcely remember the IMF issuing stuff like this to any western country
Imagine doing a corporate tax cut so insane that the source of all privatization and economic misery for most of the global south tells you "dude, too far."
what worries me is this is technically survivable for the classes that keep the tories in power. especially since we'll probably see some kind of handout to the olds at the cost of the proles to keep their power base intact, alongside the continued fascist scrapegoating of randomly selected minorities (apparently it's the Albanians now). most of our unions are way too weak to do anything, the labour party's fucked, afaik most of the various communist parties are unhinged 100 person trotskyite transphobia fanclubs. tusc (lol) and the greens (lmao) are maybe closer to an actual socialist alternative, but still very much a tiny minority of the political sphere and both have serious issues, especially the succdem greens. the wobblies unionised one bakery recently, so that's something. maybe it's time for their big comeback... apologies for doomposting, I should really get back to sleep
old people are not a social class. the great conflict isn't between proletariat and the elderly.
the people who keep the tories in power are Rupert Murdoch
you're right, although it's not just Murdoch (he'll be fine no matter what), I should have said specifically the petit bourgeoisie since that's the olds I was talking about. Not just elderly people but small scale landlords, small business freaks, etc, who make up a significant portion of the tories' base and social clout (especially the ones that call themselves "working class" even after making bank on Thatcher killing Keynes)
i don't know, ole' lizzie fucked over everyone on a mortgage, that is a huge chunk of their voter base, the triple lock on pensions? they're sheepish on keeping it going amidst historic inflation
hopefully! but part of the problem there is then we get Starmer, he runs headlong into the same contradictions, and the tories successfully win it back the election after on the basis that Labour was not racist enough & too loose with the Public Purse (not as actively tearing the copper wire out of the walls)
at what point do conservatives break rank and call for a general election to avoid riots
surely they can't get away with austerity when predictions are already this dire
The population still believes that national debt functions like household debt because the BBC pushed that narrative last time austerity was done in 2008. It worked and it seeped deeply into the population which now genuinely believes that you need to get the national debt to zero to be responsible with your money, like a household, instead of borrowing like fuck and making investments that outpace the cost of the borrowing.
National debt as a % of GDP was 240% when we borrowed to build a million houses, start the NHS and change the country post ww2. Today it's only 80% but people still think we fucking need more austerity.
This attitude is a nightmare. It's the hardest problem in the country. It's the reason that people do not support the left, they genuinely believe that spending at this time is fiscally irresponsible instead of what is needed.
Fr this is becoming the type of powder keg even the most awful conservatives usually have to address because otherwise people start setting shit on fire
:doomjak: It's our turn for a century of humiliation + shock therapy :doomer:
A century of humiliation where the people being humiliated are poor people fighting over scraps in food banks while the British establishment both Labour and Tory anaesthetise themselves on vintage champagne and luxury food at wherever the new Little St. James is. 'Great' Britain indeed. :rust-darkness:
The UK is going to become the Argentina of Europe. It's the Falklands curse.
You mean a bunch of Germans will move there for perfectly legitimate civilian reasons that have nothing to do with fleeing war crimes tribunals?
I mostly meant that it once boasted some of the highest standards of living in the world and then it dropped so low that it goes back and forth from being a developing country to a developed one. But yeah that too.
this is so sad this is so sad can Zelensky get the new model of Poland destroyer missiles only £100 trillion
Scotland independence referendum in 2023 -- the funniest outcome is that it will fail by a sliver of a percentage. Bafflingly, it's polling extremely poorly
yet to see campaigning though, before campaigning for the 2014 referrendum it was polling below 40% in favour of independence :3
