RE: Cheer up12 Jun 2024 16:16
ETF,
That's a great point, which almost everyone in the UK is forgetting, ignoring, overlooking, or they simply don't have the intelligence to grasp how the world works.
The past 4 years have seen some of the *biggest* global crises (not just UK) the world has ever seen in all of history.
Not just war again in Europe (Ukraine) and near-Europe in the Med (Israel-Gaza), but hyperinflation caused by those wars, and also Covid -- the most destructive pandemic mankind has ever seen.
And yet, despite 4 short years of turmoil of plague and war and hyperinflation, the UK remains in good shape. GDP is growing, debt is among the lowest of any major nation, inflation is back under control, unemployment remains very low, everyone who wants a job has one, and wage growth is extremely strong by every measure from the minimum wage to millionaire City bonuses.
We defo all need to cheer up. Things are pretty good in the UK.