#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.
Steel Crisis: Govt Offers £500m to Save Scunthorpe Furnaces as Job Loss Fears Grow
- Monday, 07 April 2025
British Steel has launched a consultation on the proposed closure of two blast furnaces in Scunthorpe, which could lead to thousands of job losses. Business minister Sarah Jones said that no options are off the table and talks are planned with Chinese owner Jingye. The government is offering £500m to help Jingye transition to greener steel production, but MPs are urging nationalization or ordering raw materials to keep the furnaces open.