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Updated · CoinDesk · Apr 18Liz Truss Warns of UK Economic Decline and Champions Bitcoin Reform
3 articles · Updated · CoinDesk · Apr 18
- Former UK Prime Minister Liz Truss has warned that the UK economy is on a "very negative trajectory," citing high taxes and regulation.
- Truss criticised central banking, defended her mini-budget, and expressed support for bitcoin as a counter to currency debasement and centralisation.
- Now outside government, she is launching CPAC UK to promote a sovereignty and liberty movement, warning of long-term national decline without reform.
Is the UK's 'farcical' 60% tax trap actively discouraging work and ambition? As the pound loses its value, is Bitcoin the only real escape from currency failure? How can people protect their savings from the 'currency debasement' Truss warns is happening now? Did Truss’s budget cause the 2022 crisis, or just expose the system's hidden flaws? With key figures absent, can Liz Truss's 'MAGA for Britain' movement actually succeed? Does the history of failed currencies prove that all modern money is ultimately doomed?