Canada, the United States, and the United Kingdom have become the "new sick man" of the world

The three main English-speaking Atlantic countries (the United States, the United Kingdom, and Canada) have now become the "sick man" of the world. Throughout almost the entire nineteenth century and until World War I, the Ottoman Empire was described as the "sick man of Europe," and its leader was usually referred to as the "despised pope." This disdain proved premature when tested in World War I. The Ottoman Empire lasted longer than the Russian Empire in the war, and the Turks threw the British, French, and Commonwealth forces into the sea with 220,000 casualties in the Gallipoli disaster of 1915-1916, the greatest defeat and near-ultimatum in Winston Churchill's career.

It is, of course, premature to underestimate the importance of the three leading English-speaking countries, but as the longest-serving prime minister W.L. Mackenzie King said about his career at its lowest points in 1930, we are all "passing through the valley of humiliation." In Britain

Prime Minister Liz Truss and then Chancellor Kwasi Kwarteng presented a bold and innovative budget, facing double-digit inflation and minimal economic growth. They placed a cap on energy price increases and natural gas and electricity prices above a certain level, which was contrary to the planned six-point increase in corporate tax and a five-point reduction in the top income tax rate.

Unfortunately and inexplicably, they did not propose any accompanying reductions in government spending. Ambitious tax cut proposals accompanied by detailed estimates of resulting revenue losses, mostly offset by increased revenue from increased consumer demand and increased speed of financial transactions.

Of course, all these estimates essentially provoke arrows on the board, but they are necessary to silence zealous and doctrinaire economists, especially leftists responsible for high taxes and authoritarian regulators. Economics is essentially psychology and a third-grade math. Truss and Kwarteng understood the psychology correctly, but failed to produce any calculation at all.

They left themselves wide open to a flood of skeptical ridicule from the official opposition, the Labour Party. Now they are a group of unrenewed Marxists hiding behind their relatively harmless leader, Keir Starmer, and the socialist hypocrites in the IMF and the sprawling apparatus in the European Union, who still rage angrily about Britain's exit from the EU.

They all pounced on the budget like starving wolves, as always happens when conventional wisdom is inflamed without opposition, even the most illogical sources for any noteworthy opinion on this subject. In this case, U.S. President Joe Biden joined the torrent of critics.

Truss did not handle the matter very convincingly, and her advisor enjoyed the confidence of international financial media in Washington last week that he was firm in his position and views and that he "wasn't going anywhere." Even Starmer, who is not Benjamin Disraeli or Winston Churchill, considered a parliamentary madman, scored some good shots by adapting Margaret Thatcher's famous statement at a party conference in the early days of her radical government: "You turn if you want to."

The lady is not for turning." This seems to justify the French satirical media's reversal of the difference between the Iron Lady and the "Iron Shedding." She had only been prime minister for six weeks, and although it may seem ridiculously unimaginable, even for pessimistic and traitorous British Conservatives, to oust another leader so quickly after they filled the gap between former Prime Minister Boris Johnson's shoulder panels with knives,

this is exactly what happened after a series of ministerial departures and internal party opposition. Truss announced her resignation on Thursday. The situation is likely to improve because it is hard to imagine further deterioration, but much will depend on whether the Conservatives can make a historic comeback.

Most Canadians somewhat realize the disaster in Washington since Biden's election, having maintained a ruthless war on the U.S. oil and gas industry, while at the same time criticizing the Saudis as morally pariahs.

A recent report by the Committee to Unleash Prosperity found that, given rising prices, if Trump's energy policies were maintained, the United States would produce between two and three million barrels per day more oil than it currently does, which would reduce global oil prices.

Russian President Vladimir Putin essentially used the increased revenues from his higher-priced oil exports to finance his aggressive war on Ukraine, which the United States is now impressively spending tens of billions of dollars to help Ukrainians resist.

Since Biden is afraid of green terrorism, which he adopts thoughtlessly like an environmentally friendly robot operating on autopilot, he turned to the Saudi crown prince's call and demand for increased production.

Instead, the Saudis, with deserved disdain for the government of the world's strongest country, cut production further, leaving Biden's faltering entourage to talk about suspending arms sales to the Saudis. This will only worsen matters by granting tens of billions of dollars in defense contracts to our enemies.

Even great powers, when their foreign policy is based on folly, can be, in the words of U.S. President Richard Nixon, "a pathetic giant incapable."

Five thousand illegal immigrants flow daily across the southern border, and Russia, until the time it exploded in Ukraine, the United States is in a mad effort to revive the catastrophic nuclear agreement with Iran that Barack Obama negotiated and Donald Trump canceled.

Canada—which, as historian W.L. Morton said, "is strong only in moderation and can only be governed through compromise"—has never come close in its 155 years as a self-governing country to the chaos unfolding in Washington or the sequence of problems that have afflicted the current era of Conservative government in Britain.

Nevertheless, our comparative style should not lead any Canadian to complacency. We have spent seven years helplessly immersed in a reckless focus on climate, Indigenous people, and gender issues.

Canada is a hidden treasure of resources that we fear to use based on history. The three countries will soon unify their ranks and resume their rightful places among the most respected countries in the world.

Edited by: Yusra Bamtarf