*U*K

Ed, and it is, but perhaps some don’t know it yet: Are the little englanders saps about to see the dreamed results of the inauguration of their earnest endeavours? Not that they have really possessed a definitive workable plan anyone could have pointed too to carry on into a golden dreamed future. Rather it has been a slow accumulation of foreseeable interdependent actions wrapped loosely in the need to do something in response to the unviable consequences of studious ignorance steaming from their delusional dreams of majestic international fancy. This aged icon to be reclaimed as a global player but now with its puppet presentational style it is lacking any justifiable hard materials of substance to become compatible to the ideas founded in their own deceitful ignorance. The world has moved on and left their dreams behind.

As an indiscriminate prejudiced observer one can say that things are not going too well at another year just ended and the omens for the rest of the New Years look somewhat dire. Four year after the seismic choice of becoming an independent (interdependent) sovereign basket case, little has been put in place, nothing to offer the sunny up lands of becoming a booming economy. Much that was hyped about resources being appropriately switched from Europe into the NHS, levelling up the regions, investing in infrastructures, high tech industries and training (like green energy, new nuclear generation, the HS2 train link London to Manchester to Leeds) have all been curtailed due to looking into the kitty and not finding it deep enough to carry the investment cost. This after 12 years of the Cons austerity drive built on the CC that still has unresolved global implication, plus Brexit (still festering away) and on top of this came the £300bn + cost of Covid including untold billions stolen via maladministration; now to be written off! Where has the “money tree” come from?

Unfortunately after 12 years of maladministration, this has created the highest public debt and deficit, in real terms for over the past 100 years and as a sign of things to come inflation has reached 5% due to, it is assured by the Bank of England and economist, to be a ‘short term produce cost working through the system’ as the global economy picks up and it will drop back within 18 months. (Not that prices drop back accordingly) This does not take into account, due in midsummer, of the rapid rise of energy cost: oil, gas or electric power with its compounding knock on effects, nor the tax increase take from national insurance (to pay for NHS social services - LOL) or the loss of transport revenue from the rush to go green. And all this if priced in will possible raise inflation to 7% by the autumn of 2022. All of the associated cost increases will feed through to the “disposable” incomes of all workers, squeezing their outgoing expenditure which is not likely (in the lower ‘unskilled’ wage bands) to be eased by any lift in wages. As usual the Banks optimistic assessments cannot be relied on, it may offer flexible comforting news for the government / treasury policy directions but it is really to rationalise its own reasons for missing the 2% inflation rate it is supposed to keep the economy too. However it has not been at all successful in doing so for the past 12 years, underplaying and over confident in its ability to forecast or instigate corrective or pre-emptive bank rate setting using its euphemistic 18 months time lag as reason for its control of “things” to take effect. Some are very critical of the Banks overvalued independent status, it being no more than a thin cover for government / treasury ineffectiveness and that it is being more “on song” with the political pressures and the dire straits of the economy caused by governmental ineptness. This has led it to be doing more to support the banking and finance structures with £500bn of created money feeding through to land, property, share assets and business capital extraction, than tending to the economic non-resilience of the “left behinds”. Knowing that inflation is on the move the Bank and government will be unwilling to see a base rate rise in step with and to counter inflation at a time when overall productivity, exports and PSBR are heading into serious negative territory.

So little england is on the cusp of the beginning of the highest inflation rate for 30 years, over that time comparative incomes have continued to fall (other than in a short period of the 80-90) and have not kept pace with the real cost of living. Remuneration differential for ‘professional’ employments and the majority of workers has widened (the rich have got ‘unjustifiably’?) richer while the less wealthy are poorer noticeable in their forced need to amass credit and not have savings. Food banks charities, (largely unknown 30 years ago) are now proliferate and is an essential support for the “left behinds”. The value of asset holdings has outstripped earnings, borrowers have done very nicely at the expanse of anyone with savings, basic fundamental expenditures are on a rapid increasing trajectory, trade with the UKs best nearest market has declined, nothing of substance has replaced it from any new global trade deals, illegal immigration has increased (the demanded control of it by the B... ) appears now unachievable without the assistance of external countries which was previously possible and given.

Anyone (?) with a grasp of recent political, social and economic history can see what the play out of the above will be, the country and the government is in serious trouble the least of which will become obvious when inflation pushes up to 10% to then be on the roller coaster of balancing a Bank rate against inflation, PSBR, imports vs. exports and (as in the past) justifiable civil unrest of the working wo/man and the left behinds. Somewhere in government the alarm bells are ringing to the coincidental extent that if one looks at the recent Police and Crime Bill (1) that was pressed through the Cons majority parliament, the government then afterwards added 18 new pages, bypassing parliament scrutiny of those new additions with new anti protest laws. This Bill was sent for the Lords to peruse and agree. It was seen as a contemptible egregious act of deviousness. The Lords threw it out. This attempt to undermine scrutiny was a deliberate dictatorial precursor act of anti democratic protest to take draconian powers and stifle any public protest against any discontent! One could suggest that this government know and expect dissatisfaction to grow and want to legitimise state repression. (2)

Some may offer that there is nothing to worry about from the above trivial testing situations, the UK has been down such a path before and survived, But that was in times of opportunistic expansion playing as a united country on a world stage with the clot of a huge agreeable consumer market against limited trading oppositions; in an overall benign peaceful situation and it held a global reliable respected positioning that was trusted. It might be said that this no longer applies, the UK is fracturing into components dominions, england has pursued for "sovereignty" and desisted from the reliability of a trusted trader, it chooses to be all alone, open for business at any price when it has nothing of material substance (in the way of natural resources) to build upon when many more countries can do and offer better trading consumables. As a corresponding point bear in mind the political hype that was within the UK of the potential mimicking of the triumphs referred to with; the Asian Tigers, the Celtic Arc, and the BRIC’s all with real natural resources and were supposed to become global trade and financial players. The markets put paid to that idea helped along with the CC, gas and oil price inequities – all not going too well now, one holding onto the illusion of stability built on a weakening financial base of demography and property instability and the other one intent on roughing up for a diversionary war rousting up to the gullible home ground and its corruptibly gained (un)popularity, which is increasingly a dangerous problem for the dictators, world peace and trade.

One has tried to find signs of the sunny uplands, the glowing beacon on the hill for a safe passage for a country that has castrated itself adrift; anything that gives an indication of the sunny uplands. Well after two ruinous and terrible years Covid is being controlled, for the time being, due in no small measure to the rollout of a number of vaccines which the government preferentially solely takes credit for; neglecting to mention that one person above any, who hardly gets mentioned should be rightly placed. That person was Kate Bingham (3) the right person, with the right knowledge and expertise at the right time with the right brief and who (on the basis that there was a 'war' to be fought) forced through a risk strategy against opposition to fund upfront multiple vaccine developments and as is the way with such things, lesser people of the Government cabinet now claim credit for the spectacular rapid achievements! Another sunny spot is that as there is a new shortage of workers (many gone back to home countries) and there are many underpaid vacancies, some employment shortage has forced up wage increases. This is a good short term income lift but it will not last as england is politically wedded to cheap, controlled, labour, marketable policies and for many they will not be compensated for inflation. A less sunny showing is The Covid NHS, it has and is doing a brilliant job of treating Covid ‘victims’ at the expense of largely shelving the usual ‘long-suffering’ reason for its existence with resources that do not match the task forced onto it. It has not had the billions of the Brexit money divided, has lost (returned) doctors and nursing staff and still has unfilled vacancies of over 100K places but the private ‘health care’ sectors are doing very nicely (helping) out the NHS with hundreds of millions of pounds NHS paid to them for private unused beds, general one off operations and for “Furloughed (?)” staff; paid by public financial largess some of which has been fed back to a number of NHS registered consultants that hold shares in the same private facilities! Has one missed a sunny day rainbow?

One has to LOL, as now there is lots of fun to be had with the work place parties that were held in places of government premises at a time when there was a Covid “lock down”. They should not have taken place but they did, so now a lot of febrile fabrication is spread by government cabinet to refute the evidence; but the cadre of lying living dead refuse to acknowledge their duplicity in dissembling the public truth; the BoJo government made rules for the country which it saw no reason to adhere to itself. Now it is exposed, it requires a factual report on who did what when etc from a senior civil servant Sue Gray. When completed, clarifying the evidence, it is being made available to parliament. The opposition parties, such as it is, are piling in to put pressure on BoJo to resign for this and all his accumulating misdeeds. This is unlikely to happen and is pointless, he will not and in any case the whole cabinet should go as well, with them all being complicit in the “cover up” attempts. Much is being made of ‘party gate’ however the more it drags on the less importance is attached to it as some people are now taking the view that there are more important ‘things’ for the government and opposition to deal with; yes there are but it is ignoring that fact the opposition do not have any power and have not had any for 12 years and for those 12 years the conservative governments have not done anything to pick up the “more important things”. Does one need a list?

It is not at all reassuring that one is not the only observer of the stupidity that does seem to permeate what passes for the english governance. Over the past 4 years it has become extremely difficult to discern any clearly thought through policy direction that leaps from the ‘three word’ strap lines of verbosity pantomimed as a if that were enough of a strategy. There has not been anything resembling a competence of administrative direction on tackling the underlying resilience limitation of the state of the uk nations (ignoring the Covid abnormality) and being tolerantly prejudice, the little english have been “taken-in”; conned by persona, memes, hype and their own stupidity, their future is probably to be worse than what has gone before. Perhaps one is being far too derogatory of saps foibles, deciding as they do on things with inadequate infatuation with little regard to the long term implications of ignorance. Of course ones opinions are totally irrelevant, have no impression on any ‘state of affairs’ and could be absolutely wrong but maybe there are others with a superior substantial grasp of events to be more positive with views but is there enough of ‘others’ that can see the direction England is being dragged, enough of them to pull back from the catastrophic demise of GB, to neutralise the idiosyncrasy of fantasies held by the extremist right, the ancients minds, the "red wall" and middle ground affluent?

Well why worry? All things pass in time and the unimportant temporary events of today will fade to be replace by other transient anxieties and if this quote "2021 was one of the seven warmest years on record, despite average global temperatures being temporarily cooled by successive La Niña events at either end of the year”; (4) written by the author Grahame Madge, for an article on the Met Office site on 19.1.22 doesn’t stir discomfort for the things that will happen to upset all your plans and make GodAllahTetragrammaton laugh; one has not been trying hard enough.

© Renot 241221746

(1) Police and Crime Bill. https://bills.parliament.uk/bills/2839

(2) “Attempting to ban protest is usually the mark of a repressive state” see:- www.theguardian.com/commentisfree/2022/jan/23/priti-patel-police-and-crime-bill-banning-protest-britain

(3) Kate Bingham. https://www.businessinsider.com/vaccine-supply-how-kate-bingham-put-uk-front-of-queue-2021-2

(4) The announcement is according to six leading international datasets consolidated by the World Meteorological Organization (WMO). See their graphs.

Ref: inward Investment market economy 2005