But Why Should Britain Support Ukraine? Part 2
By Ukraine In Hurricane
Obviously, all this talk about democracy is all nonsense for the official press. What does Britain need from Ukraine?
Let’s look at the structure of the British economy to see what challenges it faces amid the unfolding structural crisis in the global economy:
✅The services sector accounts for more than 70% of the economy, with the financial sector taking up almost 30%. Manufacturing accounts for only 18-19% of GDP
✅In the current economic storm, the key to stability is employment and income. This is the main threat and the main target
✅Unemployment in Great Britain reached 4.9% by the end of 2021, and youth unemployment is 11%
Employment by sector looks like this:
1. Agriculture, Forestry, and Fisheries 1.1%
2. banking and finance 17.6%
3. Construction 7.2%
4. Distribution, hotels and restaurants 18.1%
Energy 1.7% 5.
6. Manufacturing 9%
7. Other services 5.9%
8. Public administration, education and health 30.3%
9. Transportation and communications 9.1%.
At risk is the financial sector, the bloated budget sector, as well as hotels and restaurants, and over 30% of the employed population! That’s a lot
UK exports in 2020 were 770.5 billion USD, exports were greater than imports by 5.5 billion USD
But goods exports were only USD 395.6 billion in 2020, in 2021 goods exports increased, but also only USD 459.4 billion
The rest is exports of services: banking, accounting, litigation, etc., the very services that are guaranteed to fall along with the fall of international institutions, as shown in 2020, when in Q1-2, services exports fell as much as 20%
The top UK exports in 2021 were as follows:
1. Machinery, including computers, machine tools and other industrial equipment: 67.6 billion USD (14.7% of total exports). And a large share of this volume is “Nuclear reactors, boilers, equipment and mechanical devices; parts thereof”
2. Precious stones, precious metals: 65.7 billion USD (14.3%)
3. Vehicles: 40.1 billion USD (8.7%)
4. Mineral fuels including oil: 33.7 billion USD (7.3%)
5. Electrical machinery and equipment: $26.4 billion (5.7%)
6. Pharmaceuticals: $23.3 billion (5.1%)
7. Optical, technical, medical equipment: 20.4 billion USD (4.4%)
8. Aircraft, spacecraft: 13.9 billion USD (3%)
9. Plastics, plastics products: 12.3 billion USD (2.7%)
10. Organic chemicals: 11 billion USD (2.4%)
Note items: 1,2,4,10, which together account for: 40% of all exports. These are the items in which the UK competes in the RF for markets
It is also important to note that exports to European countries account for over 45%! In this case, the countries of the very same British Commonwealth, which everyone predicts will be restored, are practically not included in the top countries, only Hong Kong with a share of 2.3% and the UAE with 1.8%
❗️In the short term, Britain urgently needs to raise world prices on exported goods and clear the European market of competitors, and in the long term needs to rebuild the European Union under itself in order to get a dominant position in governance and thus be able to save the banking and public sector
But in order to reassemble the EU, it must first be broken up, and to do this, it must be brought into economic and then political crisis. Also, to be the leader of the future union, you need to have the biggest economy, and to do that you need to collapse the economies of Germany (3.8 trillion) and France (2.8 trillion) against the British, bloated by the financial sector, 2.7 trillion
The task is archival, risky and very difficult against the background of very modest reserves of 190 billion USD
All this means that Britain needs the war to burn for several years and not end
Moreover, it does not benefit from the victory of Ukraine, because even if suddenly Russia loses and makes concessions, it will immediately lower world prices and reduce the burden on the EU economy.
