#economy
When Governments Play Monopoly Without the Rules
#economy
When Governments Play Monopoly Without the Rules
Ah, the economy—where the government treats it like a game of Monopoly, but instead of actually trying to win, they just keep flipping the board and making new rules as they go. They’ll pass out "stimulus checks" like Community Chest cards, but somehow, you still can’t afford the rent on Park Place. Inflation rolls the dice and suddenly everything costs twice as much, but they assure us, "It's totally fine, just trust the process!" Meanwhile, the central bank is busy printing money like it's free parking, while everyone else wonders when the game will end—preferably without everyone going bankrupt. And when the economy goes off the rails? They just throw out a bailout like it’s a "get out of jail free" card. It’s like watching someone who’s never read the rules try to run the game, and somehow, they’re still convinced they’re winning.
Labour Ponders Nationalising British Steel to Save Scunthorpe Plant and Thousands of Jobs
- Tuesday, 08 April 2025
Labour leader Sir Keir Starmer has vowed to keep UK steel-making alive and is considering all options, including nationalising British Steel, which is owned by Chinese company Jingye. The government is holding emergency talks with British Steel's parent company over the proposed closure of its blast furnaces at Scunthorpe, which could cost up to 2,700 jobs. Bloomberg reported that ministers are seriously considering taking British Steel into public ownership in their bid to rescue the Scunthorpe plant from closure.
