ff1d1l
pfm Member
Not holding my breath.The way things are, I think it’s a toss up between what happens first, the Tory volte face or Putin’s ‘retirement’. I’m hoping for both before the end of the month.
But yes, hope why not?
Not holding my breath.The way things are, I think it’s a toss up between what happens first, the Tory volte face or Putin’s ‘retirement’. I’m hoping for both before the end of the month.
I give them a few days until the volte-face
The Lizard Queen has declared herself unpopular, by choice. Emulating Hilda the Grate (iron lady)? Or has she been offered ermine to take the heat from a seriously compromised and disenfranchised population shredded by the egregious policies of the ERG?
John
Hilda took 2 years to reject Monetarism - Truss doesn't know her history
BTW I've been calling her Rosa Klebb
It’s at least as deeply malodourous as it seems and there’s probably even worse the public is unaware of, waiting for the door to be opened on it. Had Corbyn done a fraction of what Johnson did, there would have been a military coup against his government. Lying to the Queen, unlawfully shutting Parliament ( remember, Parliament was supposed to be sovereign) and corruptly putting £34billion in public money into the hands of unvetted family, friends and donors for often dud Covid protections. It’s crime of the century stuff.I'd like to understand the inner workings of the modern Tory party too. I wonder for example, what role the Carlton club, the Reform club or White's play in internal affiliations, and how that plays out in terms of patronage, etc.
We know about Johnson flying back from COP26 for dinner at the Garrick club with Charles Moore and pals, after which Johnson recklessly tried to support Owen Paterson. To what extent is Conservative policy made in similar ways, for favours, for friends?
But it means our exports are more competitive™.*Pound crashes as markets lose confidence in government
This is turning into an absolute rout on the pound, as the markets give a scathing verdict to Kwasi Kwarteng’s unfunded tax cuts and extra spending.
Having dropped through $1.10 earlier this afternoon, sterling has continued to crash….. all the way down to a new 37-year low of $1.09.
The pound has lost 3.5 cents today, cratering by 3% – on track for its worst day since the market panic of March 2020 when the pandemic hit.
https://www.theguardian.com/politic...0822acf24f54bd#block-632dc9ad8f0822acf24f54bd
Nick Macpherson, the former Permanent Secretary to the Treasury, tweets that he can’t remember such a strong market reaction to any previous fiscal event, over 30 years of service.
He points out that the pound has lost 2.5% against the Japanese yen, as well as tumbling against 3% the dollar and 1.8% vs the euro, while borrowing costs have surged alarmingly.
https://www.theguardian.com/politic...0894f47d8a42c2#block-632dd4208f0894f47d8a42c2
Where did the the Tories get their reputation for managing the economy anyway?
Truss haskilledlikely played a key role in the death of the Queen. And crashed the pound.
The human hand grenade. That is why they called her this. Everything she touches goes horribly wrong.
But it means our exports are more competitive™.*
*if we produced anything to export, if there was a US trade deal, if Britain’s exporters into the EU hadn’t folded their tents and disappeared.
Truss haskilledlikely played a key role in the death of the Queen. And crashed the pound.
The human hand grenade. That is why they called her this. Everything she touches goes horribly wrong.