Definitely. The FED, by comparison, decided to go very hawkish and has been on the front foot ever since.
Westminster Politics
- Thread starter altodevil
- Start date
If British politics works how I think it works, their positions will only become untenable when they promote someone who only sexually assaults men to a position of power.
We reached peak Libertarian and the free markets absolutely dropped their guts. Would you fancy that.
Plot twist: source is Kwasi.
Can’t say I’m enjoying Rishi having his moment
Given the source of the inflation is supply issues and uncertain government policy I'm not sure it's surprising that they didn't immediately hike rates.
This all could have gone very differently if the Tories reacted quicker on energy (and then avoided the omnishambles budget).
Still going down.
It's really noticeable how quiet the Government has been on this. There have been no Tory big beasts (insofar as there are any left these days) going out there pushing the party line, trying to calm things down or backing Truss or Kwasi. Its been left to the more absurd fringe columnists to try and explain away the situation, and naturally they've only come up with utter bollocks.
It feels like Truss and Kwarteng are very isolated here. As ridiculous as it seems, it really feels like people are already worried about being taken down with them already.
It feels like Truss and Kwarteng are very isolated here. As ridiculous as it seems, it really feels like people are already worried about being taken down with them already.
Their conference is next week so they can't hide then.
even if they both go two other stooges and presumably a whole new cabinet will step in to make another feck up of things.
Tories have had their fair crack at it and it shouldn’t be allowed to go on but sadly will.
Didn't Major go into a party conference in very similar disaster mode. It was a busted flush because everyone already knew he was done.
There's no announcement the Tories can make that will make that conference a success.
There's no announcement the Tories can make that will make that conference a success.
That's also because Truss alienated them all when she only appointed her own backers to cabinet.
Shortest ever term as PM countdown
97 days to go for her to move to 2nd shortest
97 days to go for her to move to 2nd shortest
Can King Charles call a general election…?
Unprecedented times call for unprecedented actions.
Unprecedented times call for unprecedented actions.
Your country is a basket case. There has to be a general election.
There is now way we are having a GE before 2024 for the Tories to call one now would be like turkeys voting for christmas.
Surely the fall in the pound has taken the 5% tax drop that the top earners were going to make away as the currency they are being paid in is worth more than 9% less.
Self defeating!
If Truss resigned the Deputy PM could take over
There was a genuine risk of a market meltdown so they had to do something. Asset managers apparently having to sell bonds into a falling market in order to meet collateral calls.. recipe for disaster.
If this keeps up, Truss may not make it to Christmas
Imagine we get Boris back for Christmas.
Ok let’s here some predictions over how this plays out by:
1 week:
1 month:
End of year:
End of tax year:
Year to date:
1 week:
1 month:
End of year:
End of tax year:
Year to date:
The no10 new years party is gonna be epic...
There'll be some great parties.
That said I'm sure she will find ways to fek things up even more than I predict
1 week: Kwarteng sacked
1 month: New budget
End of year: Diversionary tactics eg invasion of Scotland
End of tax year: BIG trade deal with Bremuda
Year to date: Truss resigns in order to host the Great British Bakeoff
is what i reckon.
coming soon
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She looks like a 12 year old really proud of themselves in those clips with the blue background.
That. Is. A. Dis. Grace