Beware of the West: it is not prepared for a cut to the economy

Beware of the West: it is not prepared for a cut to the economy

The decisions of the governments give an idea that the West is not prepared for a rebound that causes some damage to the economy.

We see for example Liz Truss, where the accounts announced by the British Government this Friday can become a historic event, with all the letters. The second-largest tax cut in UK history, a two-year $165bn a year stimulus financed almost entirely by debt, has sparked a race in markets to flee the pound.

There is no going back: either the experiment goes very well, or Liz Truss risks suffering a catastrophic defeat in two years and leaving an exorbitant fiscal hole behind her.

#Economic crisis
#Economy
#controlinflation
#Markets
#Theproblemofthewest
#West
#LizTruss
#Truss
#Economy
#Economic crisis
#Markets

If you want to enter the TV Business Academy, this is the link
https://www.youtube.com/channel/UCwd8Byi93KbnsYmCcKLExvQ/join

Follow us live ➡️ https://bit.ly/2Ts9V3p
Subscribe to our channel: https://bit.ly/3jsMzp2
Visit Business TV https://bit.ly/2Ts9V3p
More TV Business videos on YouTube: https://bit.ly/3edxt61
Follow us on Telegram: https://t.me/businesstv
Follow us on Instagram: https://bit.ly/3oytWnd
Twitter: https://bit.ly/3jz6Lpt
Facebook: https://bit.ly/3e3kIuy