#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.

MrBeast: Trump's Tariffs Turn Sweet Spot into Global Goldmine for Feastables Chocolate Bars

MrBeast, whose real name is Jimmy Donaldson, criticized Donald Trump’s tariffs as "brutal" and revealed how the production of his Feastables chocolates will change due to the plan. He started producing the treats in 2022, which include gummies and cookies. Although MrBeast initially thought the tariffs would be negative, he noted that globally selling his chocolate bars is now cheaper because other countries don't have a 20%+ tariff on his products, making it cheaper for global sales than in America.

Labour Ponders Nationalising British Steel to Save Scunthorpe Plant and Thousands of Jobs

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.

Keir Starmer Slams OBR's 'Unrealistic' Forecast on Benefit Changes

Prime Minister Keir Starmer criticized the Office for Budget Responsibility (OBR) for not accounting for behavioral changes resulting from government benefit changes, including stricter eligibility tests and freezing of incapacity benefits. He said the OBR's assumption that no one would change their behavior due to these measures was unrealistic, as his plans aim to make a material difference in people's lives. This came after an impact assessment produced by the government showed the changes could push 250,000 people into poverty.

Steel Crisis: Govt Offers £500m to Save Scunthorpe Furnaces as Job Loss Fears Grow

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.

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