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How did this happen?

Liz Truss, the former Foreign Secretary known for making blunder after blunder gets elected to 10 Downing Street as the UK’s Prime Minister. One of her first decisions using her soon-to-be-scapegoat, Kwasi Kwarteng the short lived UK Chancellor of the Exchequer, the man in charge of the UK budget was terrible.

Mr. Kwarteng does not know how long he has to live in that job. I suspect, not long.

Even King Charles doesn’t care for her, and she is clearly intimidated by his presence. Watch the video.

So the stupid, poorly thought out instant budget announcements were instantly reflected by the financial markets. The UK Pound Sterling plunged 8% in a week from $1.15 USD just 10 days ago to $1.03 a HUGE drop for a major currency. It has partially recovered, but the writing is on the wall.

Now there is talk of Loser Liz, whom the other politicians no longer Truss(t) being ejected from her position as soon as possible. How is it possible that global politicians are so dumb that they keep getting promoted?
Is it the Peter Principle in action?
We shall see.

Update, October 14 edit –

Read about it here.

October 15. Loser Liz is becoming desperate to save you well paid job, and keep her face in the public money trough. I think not!

October 21. And yesterday, she resigned as Prime Minister but still keeps her face in the trough as an MP. Plus she gets over $125,000 a year for “Public Duty Costs Allowance” expenses as a former Prime Minister. I wonder how many meetings she will have in the Bahamas?

What’s not to like… if you are Loser Liz.