What’s gonna be of the UK economy?

Not long after the grief of the British following Queen Elizabeth II death, the UK's new

government took everyone by surprise. UK Prime Minister Liz Truss’s ‘mini budget’ , a

seemingly hodgepodge of the reaganomic-style tax cut and loose fiscal policy, have garnered

florid response from commenters. In response to the surge of consumer price due to

geopolitical conflicts between Ukraine and Russia, some economists are of the opinion that

the UK's policy approach is comparable to emerging countries, in its scope and scale. While

the talk of the possibility of UK default is here and there, one is not unreasonable to

anticipate that a lot could go wrong.

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