Once-Great Britain Took Another Big Step on the Road to Venezuela

They used to state,” Close your eyes and think of England,” but now we must do the same. We need to look at our neighbors across the Atlantic with fresh eyes. Because today’s account is a little complicated, I’ll try to stick to the big picture, but it is a representation of Britain’s self-inflicted drop. &nbsp,

The final steel mill in operation is located in Scunthorpe, a manufacturing town. Although the top business mark may read” British Steel,” Jingye, a Chinese industrial giant based out of Beijing, has been the bank’s user since 2020. In order to keep Scunthorpe’s furnaces operational, Jingye claims to lose about £700,000 ( roughly$ 925,000 ) each day. The firm claims that this is due to high energy costs, environmental costs, and international competitors from lower-cost makers.

All large corporations may deal with the pressures of the world market, but Jingye’s another two loss-driving expenses are caused by London’s demand that Britain transition to a “net-zero” economy. Grangemouth, Scotland’s largest oil plant, shut down earlier this year” after struggling to deal with soaring energy prices, carbon taxes, and Labour’s ban on new North Sea oil and gas authorizations.”

In response to Jingye’s threat to shut down” American” Steel and result in 2,700 jobs being lost, Parliament intervened and took power in a Saturday emergency meeting. A fire furnace can’t be turned up on like a light switch, which is what caused the crisis. Consider week of downtime and millions of dollars. &nbsp,

Labour’s Minister of State for Industry, Sarah Jones, was on Times Radio yesterday claiming that British Steel would gradually transition to zero-emission “hydrogen to create strong reduced iron,” a technology that isn’t already available and won’t cost a lot. Bis DRI is able to gain even greater loss, I suppose Britons will have to bear the billion-dollar losses made by British Steel in the interim.

During a Hulu commercial break, all nine of Beethoven’s melodies were played with sufficient finger-pointing from both sides. This skip over all of that, then. The issue is that British Steel has been properly nationalized once more. People with knowledge of post-war/pre-Thatcher Britain can attest how disastrously things turned out.

Take a look at Chavismo Venezuela for a more recent case. &nbsp,

If Labour and the Tories continue to support legislatively mandated underdevelopment via Online Zero, you’d have to be a foolish to invest in American big business. They’re good stuck with it now that Parliament is the true owner of British Steel. So what if and when? When the Scunthorpe factory goes black, Britain will have accomplished an ignoble first: they will be the only G7 country without private steel production. &nbsp,

Britain without titanium is similar to Britain without bangers and mash.

I’ve written about the ongoing deindustrialization of Germany and ( the ) former Europe. a major financial force. However, in Britain, the operation may be going a long way.

I didn’t see the prospect I had as a budding Anglophile young when Margaret Thatcher and pre-Woke Doctor Who exemplified present Britain in my eyes. Instead, I envisioned an exceedingly Colombian economy, an exceedingly Islamic culture, and an withered military. &nbsp,

Deindustrialization may not be the right term to describe that nation’s rapid transition from being economically, militarily, and culturally irrelevant. De-westernization is probably the right word. &nbsp,

Comrades, welcome to Gran Bretaa. Or is that the Al-Biritaniya? &nbsp,

Britons sang” There will always be an England” as their island nation fought off Nazis alone.

Will there be?

You’ll Never Believe What Slow Learners the Democrats Are, Says the Editor.

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