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UK PM Faces Major Economic Challenges. Truss Warned of 'mass bankruptcies'
WION via Youtube ^ | 9/18/22 | Staff

Posted on 09/18/2022 9:10:47 PM PDT by Its All Over Except ...

The major challenge ahead of UK's newly appointed Prime Minister Liz is to uplift the country's economy.

...

(Excerpt) Read more at youtu.be ...


TOPICS: Extended News; Foreign Affairs; News/Current Events; Politics/Elections; United Kingdom
KEYWORDS: bankruptcies; bankruptcy; biden; bidensanctions; putin; russia; sanctions; truss; ukraine; zelensky
Massive protests in Czechia (70k), 5,000 in Moldova in a country of only 2.6 million (would be comparable to over 600k protesting in the U.S. at the capital), the EU is trying to put the thumb screws on Serbia and Hungary, and on and on.
1 posted on 09/18/2022 9:10:47 PM PDT by Its All Over Except ...
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To: All

And the following as well:

Al Mayadeen
9/16/22

Germany fears inevitable bankruptcy amid energy crisis

The Bundestag calls on the country to negotiate with Russia ‘with an open mind’, as anti-Russian sanctions begin to take their toll on the deteriorating economy and energy scarcity.

In a tweet on Thursday, German left-wing politician and chairman of the Bundestag committee on energy, Klaus Ernst, referenced statements by Chancellor Olaf Scholz that the sanctions should not hit Europe harder than Russia itself: “We have now imposed seven packages of sanctions and Gazprom is making record profits. At the same time, we are threatened with a wave of bankruptcies. Therefore: negotiate with Russia with an open mind”.

...

https://english.almayadeen.net/news/economics/germany-fears-inevitable-bankruptcy-amid-energy-crisis


2 posted on 09/18/2022 9:11:36 PM PDT by Its All Over Except ...
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To: All

B.) B.)

Wave Of German Insolvencies Picks Up Speed…”Tenfold Increase in Gas, Electricity Prices”

https://wattsupwiththat.com/2022/09/11/wave-of-german-insolvencies-picks-up-speedtenfold-increase-in-gas-electricity-prices/


3 posted on 09/18/2022 9:12:08 PM PDT by Its All Over Except ...
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To: All

C.)

European Union President Proposes Cutting Off Electricity to Consumers to ‘Flatten the Curve’

https://freerepublic.com/focus/f-news/4093184/posts


4 posted on 09/18/2022 9:12:49 PM PDT by Its All Over Except ...
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To: Its All Over Except ...

5 posted on 09/18/2022 9:52:06 PM PDT by McGruff (Don't underestimate Joe's ability to f*** things up - Barack Obama)
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To: Its All Over Except ...

Unless you have a very clear objective you’re trying to motivate legislature for, warning of mass bankruptcies can be a self fulfilling prophecy.

It’s sort of like Greenspan saying the market was irrationally exuberant, and suddenly it was.

Or Gorge W Bush giving a speech that he needs $700 billion to stave of an economic crisis, and the next day there is a huge economic crisis.

Not saying that in both of those cases there weren’t problems that needed to be dealt with urgently. But words to the public can certainly influence public behavior.


6 posted on 09/18/2022 9:59:23 PM PDT by DannyTN
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To: Its All Over Except ...

She seems to be a good fighter.


7 posted on 09/18/2022 11:05:22 PM PDT by Conservat1
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To: Its All Over Except ...
Too big to fail.

Too small to care about.

8 posted on 09/18/2022 11:25:06 PM PDT by who_would_fardels_bear (This is not a tagline.)
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To: Its All Over Except ...

“Tenfold increase”

The power plants should be converted to run on gasoline.

Jets use liquid fuel turbines.


9 posted on 09/18/2022 11:32:57 PM PDT by Brian Griffin
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To: McGruff

US economic implosion imminent.
EU economic implosion imminent.
UK economic implosion imminent.
Germany economic implosion imminent.

Indeed, whether one wants to admit it or not, we all know who is getting the last laugh.

In other related news:

87-90% of the world does not support the US-led economic sanctions (economic war) of Russia.

‘Nearly 90 Percent of the World Isn’t Following Us on Ukraine’
https://www.newsweek.com/nearly-90-percent-world-isnt-following-us-ukraine-opinion-1743061


10 posted on 09/19/2022 12:19:17 AM PDT by cranked
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To: Its All Over Except ...

mass bankruptcies otherwise known as The Green Economy


11 posted on 09/19/2022 6:25:28 AM PDT by joshua c (to disrupt the system, we must disrupt our lives, cut the cable tv)
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