In 1944 The Road To Serfdom was published. In the book, Frederich Hayek contrasted the developments he had lived through in Germany with what was then happening in his adopted England. The central argument was that continuation of socialist policies would impoverish England and risk loss of its form of government. Years later, Hayek advised Prime Minister Thatcher in dismantling major parts of the socialist state.
Nowhere have the ravages of economic forces been  more evident than England. The world’s strongest economic and military power up until WWI or beyond, the UK ruled an empire where the “sun never set.”  After WWII, England deteriorated into a second or third-class economic power as a result of its socialistic experiments. Through it all, Britain and its people maintained their stiff upper lip and moved forward with their indomitable pride and culture.
In the current economic crisis, England has been especially hard hit. Many analysts expect that the government will incur sovereign bankruptcy. These realities are overtaking even their great pride and traditions.
Below are pictures from the Daily Mail of the Queen of England using public transportation to save on expenses.
Is this not devastating imagery for the condition of the country? One cannot help but feel sorry for the Queen. Especially, when the political class of the country continues to live high on the hog, leeching the blood of taxpayers.
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Here in the UK we are really broke yet our government and royalty,like a bunch of drunken nightclubbers,run up credit card expenses which are beyond our ability to pay.The tax base has dropped off a cliff and the government has not the decency on either side of the house to treat us like adults and tell it like it is.We will have a double dip depression and come Januy when builders should have work and none available the foreworks will start-I wish!I can only assume my fellow citizens are happy and overjoyed to take what has been done to them lying down-for myself,I have taken up knittting and visiting full replica models of guillotines.I carry around with me an itouch phone on which I havew accumulated a string of nameof ose individuals and corporations who have got us here.Many sit in parliament and as far as I am concerned they all should lose their seats and the incoming parliamentarians should exact revenge-without this we will have replays of Iceland/Greece with trul awful weather.