Where is Liz Truss?

Muttley said:
Yes, it was the evil press wot done it.

Nothing to do with an uncosted and unsustainable budget announcement from the Chancelor who (purely coincidentally) used to work for one of the speculators...

You mug.
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The system is wrong you should be able to short on anything this rampant speculation does nothing but destroy
 
Muttley said:
Yes, it was the evil press wot done it.

Nothing to do with an uncosted and unsustainable budget announcement from the Chancelor who (purely coincidentally) used to work for one of the speculators...

You mug.
Click to expand...

It's almost as if Truss wasn't warned for about 10 weeks that her economic policy would be disastrous.

She then enacts her disastrous policy and people blame some kind of media witch hunt. Bizarre mentality.
 
What about Kwarteng being reported to have met with various hedge fund managers a couple of days before the crash......of which they made millions?

Yeah, sure it was coincidental and they were discussing everything except shorting the ££.
 
Lottowyn said:
The country is suffering from meltdown ?
Not really. With all this negative press coverage, a bunch of share traders have decided to short the £ against the $, thus causing the £ to weaken, and then buy it at the lower price and make a tidy profit.
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Some take that
 
Lottowyn said:
The country is suffering from meltdown ?
Not really. With all this negative press coverage, a bunch of share traders have decided to short the £ against the $, thus causing the £ to weaken, and then buy it at the lower price and make a tidy profit.
Click to expand...
Time to wake up and see the harsh reality.
 
Do you know the sad thing is people have almost come to accept that things are just shít and that’s just the way it is - almost like prisoners on death row resigned to their fate. Amazing there haven’t been riots by now, but these feckers just keep pushing everyone towards the cliff edge with seemingly no consequences 🤬
 
No doubt we'll see some of these tax cuts stalled or rolled back come November, but in the meantime plenty of money will be made by some.
Call me cynical, but they needed a new grift after the COVID contracts train ground to a halt so why not make money on the currency markets.
Borrowing to fund tax cuts that primarily benefit the rich is the trickle down economic grift in a nutshell.
 
Funky_Chicken said:
Do you know the sad thing is people have almost come to accept that things are just shít and that’s just the way it is - almost like prisoners on death row resigned to their fate. Amazing there haven’t been riots by now, but these feckers just keep pushing everyone towards the cliff edge with seemingly no consequences 🤬
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I think a lot of people, even non Tories, have blindly trusted the Tories to somehow look after them and keep things on track but they will be currently getting a wake up call that Brexit was a con, Johnson was a clown and they are on their own to face a bleak future with very little spare money.

I don’t think people do accept it but they are probably still coming to terms with reality.

I’m over 60 and this is easily the most self serving and incompetent government that I can remember, it even makes Thatcher look decent.
 
dooderooni said:
No doubt we'll see some of these tax cuts stalled or rolled back come November, but in the meantime plenty of money will be made by some.
Call me cynical, but they needed a new grift after the COVID contracts train ground to a halt so why not make money on the currency markets.
Borrowing to fund tax cuts that primarily benefit the rich is the trickle down economic grift in a nutshell.
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You're not wrong. There is method in this seeming madness.
 
ThePrisoner said:
You're not wrong. There is method in this seeming madness.
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The sad thing is that they'll happily lose the next GE knowing fine well that they'll get back in eventually because Labour or a coalition of any colour will be unable to fully undo the damage they've done or indeed make the necessary changes to the whole structure of governance or the underlying economic psyche of the British electorate.
The system is baked in and unless we move to a different model then we will get cyclical changes of power with the Tories relying on the myth that Labour will bring back the 70's in one form or another and the threat of "the other".
 
Lottowyn said:
The country is suffering from meltdown ?
Not really. With all this negative press coverage, a bunch of share traders have decided to short the £ against the $, thus causing the £ to weaken, and then buy it at the lower price and make a tidy profit.
Click to expand...
Yes but interest rates are going to soar and a lot us literally won’t be able to pay our mortgages ffs !!!!
Never mind tax cuts.
Laurel and fcuking hardy would do a better job than these two complete fcuking idiots
 
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