Ex-UK Prime Minister Warns of Economic Downturn, Shows Support for Bitcoin

The UK's former Prime Minister, Liz Truss, expressed concerns that the country's economy has been stagnant for decades, attributing many problems to a lack of sound monetary policy and the devaluation of the currency. This has led to her increased interest in bitcoin, which she views as a potential hedge against inflation and currency devaluation. Truss, who served as Prime Minister for 45 days in 2022, believes that the current financial system is geared towards centralized control, limiting financial independence through regulation and taxation, and sees bitcoin as part of a broader pushback against this trend. She described the economy as being on a 'very negative trajectory,' driven by weak growth, rising state control, and failed monetary policy, resulting in the country becoming 'relatively poorer, very quickly.' Truss defended her mini-budget, stating that the subsequent market turmoil exposed underlying vulnerabilities rather than causing them. She is now focused on building a political movement, including the CPAC UK conference, aimed at bringing together like-minded individuals to drive economic reform and promote sovereignty and liberty.