TRUSSNOMICS: the economic BOMB of the UNITED KINGDOM – VisualPolitik EN

“Trussnomics” is a word quickly coined during the inauspicious UK premiership of Liz Truss, to describe her disastrous “mini budget” which collapsed the value of the British Pound.

VisualPolitik EN published this video item, entitled “TRUSSNOMICS: the economic BOMB of the UNITED KINGDOM – VisualPolitik EN” – below is their description.

Thirty years after what is known in London as “Black Wednesday”, the pound once again experienced days of maximum tension in September 2022.

While on 16 September 1992, the Bank of England had to succumb to the financial assault led by George Soros, this time it was the British government itself that unleashed the storm.

Specifically, the economic plan presented by Liz Truss and her Chancellor Kwasi Kwarteng set off all the alarms, to the point that many are now asking questions about the future of the British economy and the solvency of its government. In this video we tell you all the details of Liz Truss’ failed plan for the UK to make Brexit a success.

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In This Story: Bank of England

The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.

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In This Story: Brexit

Brexit is the name given to the United Kingdom’s exiting the European Union, which happened on 31 January 2020, following a narrow “Leave” referendum result in a June 2016 vote on EU Membership which took place in the country. News items related to Brexit are posted, below, chronologically, with the most recent items at the top, from a variety of outlets.

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Mary Elizabeth Truss is a British politician serving as Secretary of State for Foreign, Commonwealth and Development Affairs since 2021 and Minister for Women and Equalities since 2019. A member of the Conservative Party, she has been Member of Parliament for South West Norfolk since 2010.

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