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Why Population Decline Leads to Inflation
In 2022 and 2023, global economies are experiencing inflation due to many factors; in the case of the UK, it is England and the United Kingdom as a whole leaving the European Union and since the United Kingdom leaving the European Union in the Brexit referendum in 2016.
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The United Kingdom officially left the European Union on January 31 2020, and the transition lasted until December 31, 2020.
This means that the politics of the United Kingdom and the reason it is leading to inflation are due to financial markets, according to geopolitical analyst and author Peter Zeihan, who is running out of patience with the United Kingdom.
So, what does this mean in practical terms? Successive UK governments from David Cameron, who led the United Kingdom’s Conservative party and the nation during the referendum to leave the European Union, made no plans after the referendum if the British people voted to leave the European Union.
Again, there was no planning under the Theresa May government from 2016 to 2019, the Boris Johnson government 2019 to 2022, the present Prime Minister Rishi Sunak 2022, and his brief predecessor Liz Trust 2022 seven weeks government being the shortest serving Prime Minister in British history.
The lack of decision-making inside Westminster and number 10 harkens back to the Cameron and Clegg government coalition of 2010 to 2015.