London Bridge Is Falling Down

Last week (when the following video was recorded) saw the British Pound get pummeled by global markets following the announcement of the Truss’ governments “mini-budget.” The Bank of England intervened to help support the currency while newly-instated Prime Minister Liz Truss appears to have taken a few days to avoid the media spotlight, but the episode has eroded whatever support her weeks-old government had hoped to cobble together. 

This is a short term problem, however, that pales in comparison to the larger challenge facing the United Kingdom, its economy, and ultimately its place in the world. London emerged as a financial hub for a vast, global empire. After the World Wars, London survived as a clearing house of sorts for the broader EU–particularly between the EU and external economies, such as the United States and Asia. 

Brexit did away with all of that. And the British still haven’t figured out what comes next. Some colour:

We have never and will never charge for our newsletters or videos, but we do have an ask. If you enjoy our products, we ask you consider supporting MedShare by clicking one of the links below. MedShare is an established non-profit organization that helps respond to medical need globally, including to the ongoing crisis in Ukraine.

The buttons below will direct you to our purchase pages where you can both find out a bit more about each book, as well as select purchase options ranging from e-services to your local bookstore.

Having difficulty keeping up with the chaotic and quickly-changing landscape of Russia sanctions and commodities markets or inflation?

We have been offering a series of in-depth presentations on various industries. 

So far, we’ve tackled the challenges facing energy, agriculture, industrial materials and inflation. You can purchase access to the recordings of both of these webinars via the buttons below:

Start typing and press Enter to search


Get the latest in analysis, foreign policy, economics, and world events directly from Zeihan
Only insight. No spam.