British have main problems

[mindrust]

They looted India for 300 years. Karma has started a play!

Indians are quite alright with the looting if you ask me. They would probably let them do that again if the Brits wanted it. Not all nations want to be a world super power.

I don't think they will allow it now, in any circumstances! They didn't become super power has not a strong relation with been looted in the past. They are doing quite well, I think.

That's why almost all of them want to leave India and live in a western country? India ain't doing well really. The looting still continues. It just changed its form. Westerners used to steal their gold, now Indians are being used as cheap work-force in USA and Indians are still OK with it because they want to leave at all costs.

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[hulla]

British economy was relied long on nigerian kind of countries the emerging markets called ones.

Nigeria was colonized by British which I think explained the deep bilateral relationship between Nigeria and British but you saying British relied on Nigeria which was said to be in recession is what i don't understand.

The british pound has no backer if they open economy
The scam will be revealed its not scam its just money.

Honestly, 90%of all fiat currency are backed by the government whilst US dollar is backed oil and gas. They are all scammer, they know the solution but ignore it by printing excess currency.

[verita1]

I am concerned about the new strain of Covid19 detected in the UK and what could happen to its economy.
The most vulnerable people are the most affected and the authorities have also said that the virus spreads faster.

My doctor had already warned me of this new virus and forbade me to leave the house as much as possible.
I just want us to have faith in God and stay safe. As long as we maintain social distancing it is better.

In London there are special programs for people with liquidity problems, ideally they make an application.

https://www.london.gov.uk/coronavirus

[Xinarae*]

Not only the British but many countries in the world have been affected by the outbreak of corona virus and corona virus has become a major problem. So far no vaccines have been discovered and all of them are trying to develop resistance to the existing virus. The vaccine will protect the immune system from attacking different parts of the virus. And so if some part of it is changing the virus, due to which the vaccine is not fully effective and the virus then continues to infect people.

[jademaxxiss012]

British country is one of the rich countries in western side. They had a good economy and I do not know why OP had only stipulating about relying on other country like Nigeria. Nigeria is a developing country hence, high chance that with the help of other country they could go for more economical growth and probably can surpass other countries as well.

[adyb]

U can hold lamd gold amd all of them amd coomodiets oil gas things like that it only helps when you have enough for the export british have zero oil zero gas


Ou but british have gold the gold will only have value if the dollar value are low !
Gold is risk asset amd gold is not with limited supply
So its useless and it works only if you you are british amd need hedge to protect your wealth .....

Everybody knows now how the things are everybody talking openly so

But british stable coin could be solution. Becouse it will give instant liqutity but it can only if british will do QE

well the british might borrow money from outside....
With quite high rate ....how they back well foreign investors will invest in uk to build factories there .

Gold does have a limited supply, although not in the same way Bitcoin has. Oil and gas are commodities which are on the decline with the awareness of global warming and the carbon footprint of such fuels they will become less and less popular, production ultimately being limited to practically zero. I am an avid supporter of Crypto, I’ve been  mining on and off since 2015, and I cannot yet see adoption and trust sufficient enough for an entire country population to accept it.

[Mauser]

British country is one of the rich countries in western side. They had a good economy and I do not know why OP had only stipulating about relying on other country like Nigeria. Nigeria is a developing country hence, high chance that with the help of other country they could go for more economical growth and probably can surpass other countries as well.

I agree with you. One more thing we shouldn't forget about Britian is the knowledge and education factor. There are a lot of top notch universities in UK, producing some of the finest professors and students in the world. A lot of people from around the world want to study in the UK. With so much knowledge there will always be a big impact on the economy.

[el kaka22]

All this new mutation and all that will be a bygone era product very soon. Just because it mutated doesn't mean we will never figure out a way to fix this, hell even without a vaccination eventually humanity will die in such numbers and everyone will have it in such big amounts that at one point there will be almost nobody that never had covid, which means all we need is time and not anything else, with enough time we are going to die in millions and will overcome this.

What we are trying to do right now (obviously) is to prevent millions of people from dying, that way we could potentially have vaccinations and get better. All these mutations will be under the care of those vaccinations, do you really think that a vaccination that heals covid (more like prevents you from getting too sick from covid) will be absolutely zero impact on mutated version? Of course not.