Bongs, in the long term how fucked are we? Economically speaking

Bongs, in the long term how fucked are we? Economically speaking.

Attached: 1630963394083.png (1192x276, 96.77K)

you will be an oblast soon

It's a question of trading future capacity to build infrastructure/development for today's comfort.
Debt is very real, not having to worry about it for 50 years doesn't mean there isn't a point where zero-coupons perpetuals become worthless and the buck stops.

And everything just to virtue signal

>she looks pretty competent, right?!

Attached: 237D7C87-8204-44BD-8D5D-D4F2CA5FCA0B.jpg (1920x1080, 129.13K)

>we need to be tough on Vatnik
>freaks out when one woman faints
it’s over…

All this and people still don't understand that the energy crisis is a complexity crisis. Whatever.

>£170B

That's like 8 new Nuclear Power Stations. What the fuck is wrong with boomers, just burn coal for a few years whilst financing new infrastructure. The UK was 30% coal in 2014.

All the power plants are decommissioned. But it's worse than that, all the experienced engineers that we had, all the expertise in inventing them in the first place? They're gone. They're either dead, retired, or working abroad. We don't have the knowledge to build them anymore, or the labour capacity. We have to humiliate ourselves to ask China to build them for us.

The issue is far worse than you imagine. The energy surplus needed to create new means of creating energy is no longer there. The world is about to enter into a long tumble of logistical failures that will result in immense trouble.

I meant this in reference to nuclear plants, but it does actually include the maintenance of the current ones. You may thank Blair for his wonderful new economy, where we focused away from industry, and into the service sector.

isn't most European coal also terrible quality? only Poland has anything that's not lignite, and it's full of sulfur, which is bad for some reason

Attached: euracoal-coal-in-europe-2021-01-2474x1856-1.png (640x479, 113.45K)

Well, that looks like a production graph. In the UK we actually have an abundance of easily accessible coal. It's how we got a head start on the industrial revolution.

Pretty fucked.
It's birds coming home to roost. The country has stagnated for 15 years. Successive govts have done nothing to address this.
Brexit was probably always going to be a failure, but BoJo might have used his thumping majority to effect major changes. He didn't, and so we're here.
A couple of years of Truss & Tories flailing about with Neo-Thatcherism mixed with "handouts" which will end up benefiting energy companies and banks more than anyone else.
But the alternative is civil unrest on a level we've not seen for about 50 years.
Probably Labour getting in after that, and potentially the end of the "old" Tory party as their pensioner voter base die out, and younger professionals ask "what have the Tories ever done for me?"
It's going to take political vision far beyond what any of the current crop of politicians can muster. Probably going to need to reverse 20 years of stagnation or decline by the time they get in.

Or at least we HAD that.

It was deliberately done, and there is now nothing that can be done.

Absolutely knackered my dear boy.

No the UK has loads of coal, including open-cast coal mines. There are areas in Wales with high quality Anthracite just sat there doing nothing.

why the hell would she freeze energy bills at £2k if they're going up to £3.5k and even £5k+ next year

freeze them at £3.5k for like half the price to the taxpayer, barely anything anyway people were just panicking for £6k

As the other poster said, we don't have the expertise. It's EDF building our nukes, and they're so bad at it that the French state (which owns most of EDF) are rowing back on building them.
They keep running over budget and years late. I think for the next one they're building (Sizewell C perhaps?) they're trying to angle it so the taxpayer pays for any overruns. Effectively writing a blank cheque for all sorts of corporate incompetence so they can maintain their dividends.
The rot is very entrenched.

>humiliate
who gives a fuck about humiliation? not me. they fucking make everything else we use anyway. who gives a shit? why suddenly when it comes to power stations do you emerge wrapped in a union jack? patriotism is so cringe nowadays. Always selective. Half the country is immigrants anyway.

>ourselves to ask China
probably more likely france if you want to build one to last they still have fast reserves of eng potential
the british problem was they had the global language and partial culture so them moving away abroad was always easier to do on a personal level than other european cultures

Okay but when are house prices finally dropping?????????

Also weed legal when??????????

Very

total housing crash would be kino of immeasurable quality, but probably never going to happen, land is the last thing they will let go

Pretty bad. The UK is looking at an Argentina-style fall from a high income country to a middle income one.

The UK has failed to understand that economic growth comes from building stuff. The current government just thinks it can cut taxes and that things will magically happen.

The pound would probably rally 10-15% if Labour got in on a mandate and plan to grow the economy. Actually build houses, factories, solar farms, nuclear power plants. Why Labour? Because the pensioners who resist development don't vote for them anyway, so Labour wouldn't have any problem pissing them off.

I just don't even care now. This is all part of a plan to fuck over Europe. Nothing we can do.

Attached: unnamed (1).png (474x473, 19.92K)

>just burn coal
Our women are already on it

You dumb cucks keep trying to come up with complex ideas behind why this is happening

The simple answer is because they want it to

She looks like the lady in my company who does the same fucking job for 20 years.

Never, unless we start building more.
And we're not doing that because it's a surefire way to alienate the tories' largest voting bloc who feel entitled to watch their house price appreciate without end.