clapham_gull
Legacy Fan
- Aug 20, 2003
- 25,877
Clearly a rip off of "down the line" (which morphed into "Bellamy's People") if anyone remembers that, but one of the funniest things on Twitter.
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[Politics] Liz Truss **RESIGNS 20/10/2022**
- Thread starter Ethelwulf
- Start date
Clearly a rip off of "down the line" (which morphed into "Bellamy's People") if anyone remembers that, but one of the funniest things on Twitter.
nicko31
Well-known member
How much of that is covid related debt?
Uh_huh_him
Well-known member
- Sep 28, 2011
- 12,138
The debt had more than doubled long before Covid.
nicko31
Well-known member
I'd say the cost of Covid of responsible for about 15% of the current debt total pile. It will get less significant over time.
Next excuse will be we can no longer afford the NHS, its the dream of the Tory right
deletebeepbeepbeep
Well-known member
- May 12, 2009
- 21,805
[tweet]1579716039000338437[/tweet]
Sort it out Truss.
Your best option is to sack the Chancellor today and restore market confidence.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,024
£5bn purchased from the £65bn allocated. suggests there's far less dsyfunction than the press would imply, the BoE is simply being ready if there is further problems.
Wardy's twin
Well-known member
- Oct 21, 2014
- 8,872
don't joke about it, they might have an even worse one lined up
Must admit that's a comment I have made each time one went and was proved correct.
Makes you wonder just how bad Chaos With Ed Miliband would have been...
rogersix
Well-known member
- Jan 18, 2014
- 8,202
all of it?
Change at Barnham
Well-known member
A bit of a random question....
Why is it that historically when the markets nosedive it usually seems to be about this time of year (Oct/Nov)?
Or am I imagining that?
Why is it that historically when the markets nosedive it usually seems to be about this time of year (Oct/Nov)?
Or am I imagining that?
I dunno really, but on Oct 19th 1987 there was a sudden, severe stock market crash, leading to a global recession. Perhaps the markets were so spooked (whatever that reason) that they fear each October. Hopefully an NSC economist will put me straight with some facts though!!!
Thunder Bolt
Silly old bat
Many of whom have interests in insurance comapanies. Kerching.
Thunder Bolt
Silly old bat
He seems untouchable at the moment. Secret meetings with Saudi Aramco, that slipped his mind to reveal, dinners with hedge fund owners just before shorting the pound and still in place?
BenGarfield
Active member
Why does this matter?
rogersix
Well-known member
- Jan 18, 2014
- 8,202
why does anything matter?
pb21
Well-known member
- Apr 23, 2010
- 6,689
Has to be paid through either taxation or borrowing.
BenGarfield
Active member
Not true. taxation doesn’t fund government expenditure nor does the uk have to borrow anything as the issuer of its own sovereign currency.
Yea
- Jul 10, 2003
- 27,778
You seem to have forgotten the champagne reception with the hedge fund managers hours after he crashed the pound
reception
/rɪˈsɛpʃ(ə)n/
noun
definition
a formal social occasion held to welcome someone or to celebrate an event.
"a wedding reception"
Kwasi Kwarteng ‘met hedge fund managers for champagne reception hours after mini-Budget’
Financiers allegedly boasted chancellor was a ‘useful idiot’ after drinks reception
https://www.independent.co.uk/news/uk/politics/kwasi-kwarteng-hedge-fund-managers-pound-crisis-b2190756.html