BOris Johnson emerged very weak from his narrower-than-expected victory in the failure of the no-confidence motion tabled by the Tory rebels on Monday. Although he saved his job, the Prime Minister is faced with an economic situation so serious that the United Kingdom is once again considered “the sick man of Europe”. In the pre-Margaret Thatcher 1970s, the country was named after the Ottoman Empire before World War I. At the time, the United Kingdom, which had paved the way for the industrial revolution, was lagging behind on all fronts – growth, investment, productivity, foreign trade… – while the all-powerful trade unions multiplied strikes. Only the drastic solutions of the “Iron Lady” for…
