U.K. Leader Liz Truss Faces Political Backlash After Sparking Market Turmoil

New prime minister came to office promising Thatcher-esque economic revival, but skepticism has mounted among investors, her own lawmakers

Turmoil in the U.K. bond market created a feedback loop that left investors like pension funds short on cash and rippled out into other markets. WSJ’s Chelsey Dulaney explains the type of investment at the heart of the crisis. Illustration: Ryan TrefesLONDON—Less than a month into her tenure as U.K. prime minister, Liz Truss is seeing her political authority rapidly erode as her bold experiment in British Reaganomics spins out of her control.to try to jolt the U.K.

She didn’t read the room. It is not the 80s and market dynamics have changed radically since then. The medicine must adapt.

So what is she supposed to do. There’s a massive energy crisis which is hardly the UKs fault. She has to provide support for peoples energy bills and somehow support growth. Every other European currency has declined as well against the dollar.

'Reaganomics' didn't work for Reagan, why in god's name would this inept amateur think it would work for her?

说西方社会的纠错能力不存在了的，啪啪打脸。

But she wakes up every morning... as the British Prime Minister.

SAD!!

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Britain's Market-Rocking Tax Cuts Have Been Compared to ‘Reaganomics.' But There Are DifferencesComparisons between the ideology of Liz Truss, who became U.K. prime minister earlier this month, and Ronald Reagan have come thick and fast.
مصدر: NBCDFW - 🏆 288. / 63 اقرأ أكثر »

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مصدر: NBCNews - 🏆 10. / 86 اقرأ أكثر »