Former UK PM predicts financial crisis in Europe if they don't change policies

Former U.K. Prime Minister Liz Truss predicts potential financial crisis plaguing Europe if they don't change their ways.

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[pauline-oq]

Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[clydesteapp]

USA needs to take care of USA 🇺🇸 first! Done with paying the bills for the rest of the world! Get on board or get gone!

[marcocarlson]

Surely Europe needs some serious reforms too. But I don't understand, the E.U. in 2000 had $5 Trillion in total Govt. Debt and today has $12 Trillion in Debt, which is bad, and reflects needed economic changes. The U.S. in 2000 had $5 Trillion in Debt, and today has $36(!!!)Trillion. So which is in need of total economic reform?

[dinkeydink]

All macro guys knows Euro is doomed in current set up. The Euro founders knew it too. Just look at poor Greece, doomed.

[kathyhenry]

Nigel Farage/ Rafe Heydel Mankoo/ Matt Goodwin

[sharksbreath]

If they can't ban it, embezzle it or tax it the EU isn't interested.

[hanshansen]

Liz Truss was the shortest-serving prime minister in British history.

[Pironi]

Liz should have been given more time as UK PM !

[geert]

in europe 1 in 3 works for state, 1 in 3 sponges off state and 1 in 3 is running the hamster wheel for same income as the other 2 😂

[cirene]

Mellie made it possible not just with radical change, but also with honest governance. Having a corrupt government will not do.

[fredrikbergquist]

Suppose England leaving EU has nothing to do with it? I thought the US were going to help them?

[harriemeeuwis]

Mrs. Truss, the prime minister who served the shortest term as prime minister in British history. And that's not because she was brilliant. But just the opposite. Not a good one to give advice.

[hplsqyd]

As a Brit I would say take everything Liz Truss says with a pinch of salt. Her short rein was a disaster and caused a financial crisis here.

[drolds]

Ladies always put on a great leg show!

[bigron]

SURE, NOW EVERYONE WANTS PRESIDENT TRUMP. 😊

[JasonStones-cd]

I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

[dinkeydink]

Euro is doomed. Just look at Bank stocks compare 2007
Crashed Gone -- Credit Suisse
-85% DEUTSCHE Bank
-80%  UniCredit
-65% Barclays Bank
And the list goes on....

[Thichaou]

Oh they have Nigel Farage, but they are too d u m b to realize that!

[prebenpetersen]

As employed in European energy trade I simply don’t see why I should work more…

A net zero carbon trade means if I work more, someone else has to work less.

So why don’t I then just volenteer to be the one work less and also save that marginal tax bracket???

Whether I save 500 or 1, 000 euro a month doesnt really matter as when the sweep of inflation tax goes to 25% to pay for someones free welfare, that money is gone anyway…

[pauldean]

She was PM for only 2 months, she never gave a good reason for quitting.