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Turley Talks

Ep. 1215 Truss RESIGNS as UK Spirals Out of Control! What’s Going On?

Turley Talks

podcast@turleytalks.com

Politics, Daily News, News Commentary, News

4.81.3K Ratings

🗓️ 21 October 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

Highlights:

  • “The pound imploded to record lows to the dollar, government bonds were sold off in record numbers and the continued market volatility forced Liz Truss to announce her resignation, making her the shortest-serving prime minister in UK history.”
  • “Increasingly, the British are recognizing that Boris and the whole of the political class, made a horrific miscalculation, one that has come at a considerable and literal cost for every single British citizen.”

Timestamps:

  • [01:30] What started the crisis that’s happening in the UK
  • [04:54] The failed tax-cut plan of the UK government and Truss’ resignation
  • [06:24] What’s really happening here

Resources:

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Transcript

Click on a timestamp to play from that location

0:00.0

Are we seeing the revitalization of conservative civilization all over the world has been a massive backlash against globalization, its leftist leadership, and its anti-cultural liberal values, and it's just the beginning.

0:18.0

I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink and a new conservative age is rising.

0:26.0

Join me every day as we examine these worldwide trends, discover answers to today's toughest challenges, and together learn to live in the present in light of even better things to come.

0:38.0

This is Turley Talks.

0:41.0

I have therefore spoken to his majesty the king to notify him that I am resigning as leader of the Conservative Party.

0:57.0

Prime Minister Liz Truss has resigned after just six weeks in office.

1:02.0

Announcement comes after a bruising week of U-turns on economic and energy policy, a currency collapse, soaring borrowing rates, investors and businesses in despair, and that in just the span of a week.

1:15.0

The British pound, getting an all-time low today against the dollar, one pound, equaling about a dollar or three cents, it's now back up like a buck seven.

1:24.0

The British pound has fallen to its lowest level ever against the US dollar.

1:30.0

We are witnessing nothing less than one of the worst catastrophes to befall the United Kingdom in centuries.

1:37.0

The resignation of Prime Minister Liz Truss after literally just days in office is but the tip of the iceberg of Britain's national crisis.

1:46.0

Inflation has hit a 40-year high of just shy of 10%, energy bills have doubled despite government-enforced priced increased capping, and the British pound has collapsed to an all-time low against the US dollars.

1:59.0

To make matters worse, Britain faces a debt crisis and a banking crisis that put the UK on the brink of a layman brothers like financial collapse.

2:09.0

So what's going on here? Why is Britain politically and economically spiraling out of control?

2:17.0

It basically begins with, of course, none other than Russia.

2:23.0

Back in September, the Kremlin announced that gas supplies via the Nord Stream pipeline would not resume in full into the collective gas, lifted sanctions against Russia over its invasion of Ukraine.

2:35.0

Now, in all fairness, this is precisely what the Boris Johnson administration was warned about, sanctions against Russia, especially the blitzkrieg of sanctions that Johnson was advocating would inevitably boomerang on the whole of the European continent, which received 40% of its gas from Russia.

2:54.0

Now, in fairness to Boris, he, like Bumlin, believed that the barrage of sanctions would sink the rubble and crush the Russian economy before the Kremlin could retaliate.

3:05.0

And that's certainly what the media was reporting back in March after the initial waves of sanctions.

3:11.0

The rubble was destroyed. Russia was on the brink of default their economies about to collapse and inevitably the people would turn against their government and bring about the fall of Putin.

3:24.0

But that didn't happen. And it didn't happen because as it turns out, Russia has been preparing for this moment for at least the last decade.

3:33.0

Since 2012, Russia has been busy building what scholars call a civilization state, which involves reviving the ancient Orthodox Russian world in order for Russia to ultimately overthrow what Putin called in a recent speech the insane satanic forces of the woke West.

...

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