Liz Truss

[The Future’s Blue!]

'Pre Brexit, our economy was 90% of Germanys, now its less than 70%. Brexit was bad for the economy fact.'

Mark Carney former Governor of The Bank of England.

If you near cut off your biggest trading bloc, then alienate them some more, what we see now is of no surprise.

 

[casserole of nonsense]

If you near cut off your biggest trading bloc, then alienate them some more, what we see now is of no surprise.

That’ll be an oven-ready surprise then?

 

[blueinsa]

She won’t last the week.

 

[Trojan1962]

Definitely a goner the sooner the better.

 

[Vic]

in a nutshell .

Two nuts.

 

[Vic]

Yes seriously.

You shouldn’t be doing it no matter who you are.

And no, we’re not Greece a decade ago.

We’re in the shit but it’s a completely different situation.

Yep, we haven't got the EU to help us out. It will have to be the IMF.

 

[Octavian]

Yep, we haven't got the EU to help us out. It will have to be the IMF.

No, we’re not in anywhere near the same situation as Greece.

To say otherwise is probably about right for this website but it’s false.

 

[mat]

She won’t last the week.

I'm lucky to last a minute.

 

[bluethrunthru]

Trussonomics for ya - Tories - trusted with the economy

 

[Octavian]

Trussonomics for ya - Tories - trusted with the economy

So the mini budget wasn’t that bad and she shit the bed?

I can’t keep up.

 

[bluethrunthru]

So the mini budget wasn’t that bad and she shit the bed?

I can’t keep up.

I think that is the problem - nobody knows any more - all they know for certain is that the Govt is shite and they cannot 2nd guess people who don't know what the fuck they are doing

 

[Claytop]

Spending next few days in Off Topic so hopefully there’ll be plenty to discuss…

 

[BobKowalski]

So the mini budget wasn’t that bad and she shit the bed?

I can’t keep up.

It’s simple.

The mini-budget was bad. It caused the markets to bail out of the UK market, caused Govt borrowing costs to rise, fall, then rise again, accelerated the need to increase interest rates, caused mortgage lenders to withdraw products and bang in higher borrowing costs, and likely increased inflation going forward.

The mini-budget banjaxed what little hope of growth there was left and then kerb stomped the morons who devised it. Reversing the budget was just us running up the white flag to stop the markets doing any more damage. The damage up to that point is already baked in.

It has also damaged UK credibility in the eyes of foreign investors who pine for the days of a politically stable environment where not a lot happens. Four Prime Ministers (five if you include Hunt) in six years is Greek to them.

 

[bluethrunthru]

It’s simple.

The mini-budget was bad. It caused the markets to bail out of the UK market, caused Govt borrowing costs to rise, fall, then rise again, accelerated the need to increase interest rates, caused mortgage lenders to withdraw products and bang in higher borrowing costs, and likely increased inflation going forward.

The mini-budget banjaxed what little hope of growth there was left and then kerb stomped the morons who devised it. Reversing the budget was just us running up the white flag to stop the markets doing any more damage. The damage up to that point is already baked in.

It has also damaged UK credibility in the eyes of foreign investors who pine for the days of a politically stable environment where not a lot happens. Four Prime Ministers (five if you include Hunt) in six years is Greek to them.

Or Roman lol

Year of the Four Emperors - Wikipedia

en.wikipedia.org

 

[Brewster's millions]

So the mini budget wasn’t that bad and she shit the bed?

I can’t keep up.

The truth is that they would have written their report and decided to change their forecasts before Friday’s u-turn.

The direct, positive impact of the proposed tax cuts would have been easily outweighed by the negative influence from rising mortgage rates, weaker pound etc, so I can’t believe that they would have seen the mini-budget as a net positive for growth.

 

[mancity2012_eamo]

Spending next few days in Off Topic so hopefully there’ll be plenty to discuss…

How do you feel about Bob Dylan?

 

[bluethrunthru]

Manage the succession ?? Fuck off. Put the question to the people kinda like what happens in a democracy

 

[Gabriel]

 

[The Stockport Iniesta]

Manage the succession ?? Fuck off. Put the question to the people kinda like what happens in a democracy

Crispin is such a wank name.

 

[bluethrunthru]

Crispin is such a wank name.

were he from a Hispanic background would be have been called Dorito?