On yesterdays artificial hike in the UK national minimum wage - an economy cannot stay above water when more is being taken out of it than put in.
This hike takes the welfare trap money laundering scam up to 85% of the UK median wage of about £30K. The wage floor is now only just below what half of the nations working people earn!
So where are all the workers not getting this faux handout? On the black market of course - slavery in the UK. Real slaves. All incentivised by the state and backed by the incredibly stupid and empathic planet savers. Millions of immigrants being deeply exploited by the government and the planet savers. And the media are running full cover for this systemic slavery.
This means nearly half the people working are effectively paying for the other half not to work very much - an artificial floor on wages distorts all other wages. While millions of others willing to work but now below the margin throw in the towel and fall into a miserable life on welfare. And otherwise good businesses close shop and mover to the safety of the countryside.
This is a bipartisan activity. Don't fall into the trap of this being the left or the right. Government of all party's are complicit. Even Restore Britain are essentially backing it by implication of having no fundamental upstream policy.
Where will it end up?
It's not simply unjust to do this. It builds inevitable collapse into the entire economy - great recession as was 2008. Millions of households will be at risk of permanent family split, not just the loss of their home. We're forecasting end of year.
There are 27 million households in the UK alone. We also forecast that this global calamity will encourage the states of the world to bail out homeowners with mortgages. The state will take on all mortgage debt and leave the homeowners free. Thereby setting the foundations for 2045 and the next recession. Each of the 27 million households holds about 2.5 votes of course, so this is an ideal voter purchasing scam miles bigger than immigration.
If this is how states choose to recover, those without real estate will pay in even greater amount to cover the costs.
Who wins? Those with real estate of course. Who loses? Tenants and anyone unable to get work, particularly immigrants. Planet savers as always say they are here to help the needy. But are really exploiting their new cannon fodder at scale to gain the power needed to have their policy adopted, whatever that might be ideologically. It is never to root cause anything.
This money laundering policy is effectively killing our descendants in far greater number than the media tells us happens with WWII, Iran, Islamic child rape gangs, Communism. Capitalism, Ukraine, Russia, Epstein files, George Floyd scam, Trump, Brexit, LGBTQ, all pillars of state infested with sexual perversion or the Gaza genocide myth.
What will you say to your children?
#economics #psychology