Let’s reflect the advantages Thatcher and the other Tory primes in recent years have brought to Britain: Less throughput in economical terms, less profits, less capital, a devalued currency that is currently hoovering around 1$21. Actually, despite the bad numbers, there is also the real factor: For example prepaid power meters. You can only receive power if you make an advance payment at your local electricity company. If they cut you off, you are in the dark. So vast areas of lower income already suffer from some third world order. So demise is accelerating but some self construed kastee system keeps foremost failing the average citizen. People starve, freeze to death, dehydrate, whatever you like. So there is no immediate answer to current British problems despite that they are already a vicious circle. Tories took no means considered by the costs of living.
So Thatcher’s principle of not absorbing any problems for the average has led to a swift increase in failure: bankrupt companies and layoffs. So growth is stagnant because stagflation causes inflation because there are less products available or vice versa there is less demand.
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LondonCNN —
In a community center in central London, a young child plays in a makeshift area as her caregiver rocks her stroller and chats to a friend.
The Oasis Centre in Waterloo sits in a four-story building that has a warm, inviting feeling, with plush chairs and lots of potted plants.
But it’s not your regular high street hangout. This is a haven for families and local people to escape the bitter squeeze of Britain’s cost-of-living crisis – if only for the afternoon.