The news has been shit god awful for a while. Since COVID-19 hit the UK in early 2020 there’s been nothing but doom and gloom for Great Britain.
What do we have?
A lost generation of children who have missed their formative years due to cruel and ill-thought-out school shutdowns. Thousands of children have never returned to school and probably won’t. Many of the ones that did, returned with record levels of mental health problems. Anxiety, agoraphobia and borderline personality disorders.
Massive, eye-watering debt. UK Government gross debt stands at 2.1 trillion pounds, with interest payments a staggering 84 billion. I’m not an expert, but that seems like a debt that won’t be paid off soon. Prices are going up faster than at any time in my life and wages aren’t.
Taxes are the highest since post World War 2 and nothing is inspiring about this government's growth plan if they even have one.
National strikes nearly every week, across the board.
Zero growth, worst in the G7 which can’t be blamed solely on global macro events.
All other G7 nations have shown growth except us, from 2019 to 2022 we are down minus 0.4% — I guess that means we are in a recession.
It doesn’t seem like we are trading much with anyone, especially our old friends in Europe.
The IMF sees our best growth prediction for 2023 at 0.3%. This means the economy will be slightly smaller next year than it was in 2019, so four years of stagnation.
We are also stuck with an unelected government, which has completely trashed the mandate its predecessors were given and seems to be making it all up as they go along.
Does anyone fancy moving to Costa Rica?