“You are my tenth prime minister. The first was Winston. That was before you were born.” Former British Prime Minister Tony Blair’s biographical words attributed to Queen Elizabeth II, who died this week. A phrase created and developed by Anthony Giddens, UK, with Blair’s arrival at 10 Downing Street. It began the “third way”. the situation is soft. An economic social liberalism that succumbed to the financial crisis of 2008 due to the excesses of the system and the lack of control. It ended, among others, with the nationalization of the legendary Royal Bank of Scotland, which was on the verge of bankruptcy.
During his 70-year reign, II. Elizabeth, President of 32 countrieshas seen fifteen days of death and fifteen other prime ministers pass. From Churchill to Liz Truss, whom she announced two days before she died. Some of these prime ministers have had significant times, even economic policy labs, setting trends followed by many other countries, for better or worse. Churchill’s favorite British conservatist opened up to more progressive proposals with Harold Macmillan (1957-1963). Harold Wilson (1964-70/1974-76) represented the most left-wing Labor positions: tax increases and sweeping controls over the economy, which was the aftermath of James Callaghan’s (1976-1979) sad passing in the midst of a severe economic crisis, followed by Margaret Thatcher’s (1979-1990) came to power. It inspired a radical change: the privatization of public companies, deregulation, tax cuts, and the financial big bang that made London one of the world capitals and a center of attraction for new finance and investment professionals. The city as the center of money. Thatcher was actually the pioneer of the policies that Ronald Reagan would begin to implement in the United States two years later.
After the death of Thatcher and her successor, John Major (1990-1997), Labor Blair seeks to take a new direction, adjusting for the excesses of policies carried out by the Conservative party that have heightened inequalities in the country’s historically industrial regions. country. As usual in British politics, opposition within his own party forced Blair to resign and was replaced by Finance Minister Gordon Brown (2007-2010); He was responsible for dealing with the economic crisis that cost him his permanence. The Conservatives returned to power in 2010. In the last twelve years II. Elizabeth proclaimed four prime ministers never before seen in that country: David Cameron, Theresa May, Boris Johnson and Liz Truss. His legacy? The management of Brexit, the consequences of which are not yet known due to the effects of the energy crisis and price increases, which are attributed to the pandemic and the Russian invasion of Ukraine. The Western world is starting a new phase in raising interest rates to control inflation and keep it from going crazy. Like the US Federal Reserve and the Bank of England, among others, the European Central Bank (+0.75% interest rate hike announced last Thursday) has declared war on inflation. The word recession is already established in the markets.
II. Elizabeth’s death coincides with the transformation of the world council in every way. From the new and unpredictable economic evolution to the war in Ukraine. Everything is intertwined. coincidences. Mikhail Gorbachev, one of the personalities that history books will remember with capital letters, also died ten days ago. Under the presidency of Gorbachev, who left power on December 25, 1991, there were fifteen republics that left the former USSR in the early 1990s, taking advantage of the crisis in that communist empire. Dubbed the “greatest geopolitical disaster of the century,” this event served to justify their new expansionist policies and the tragic invasion of Ukraine.
Queen Elizabeth’s avalanche of reporters and biographers that emerged in Spain a year ago, almost as many as volcanologists, have used her memory to present her as a marker for an entire era, like Queen Victoria these days. There has never been a comparable figure in the world with him. It reigned without rule, but its influence was linked to the educational, economic, political, cultural and even sporting influence that has driven England to this day. Also informative. From the serious and salmon press to the tabloid and gossip press, the UK has been a world example for the best and worst in communication. The BBC remains the largest audio-visual reference in this world of freedom advocacy. The United Kingdom, as the bastion of these freedoms, must remain a beacon of our civilization. Despite Brexit, this is your fight.