Anonymous
10/20/2022 16:35
Subject: Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:Anonymous wrote:Anonymous wrote:UK is doomed. They have out of control inflation and their economy is anemic. They will need to eat an even worse recession to get out of it, or stimulate and eat 20% inflation. The pound will tank further soon, probably below parity with the dollar.
I'd rather throw cash at the UK instead of Ukraine
No way.
Throw cash at Ukraine to bleed Russians
Break uk to make it into an American vassal
Ideally the uk becomes such as basketcase that England, wales and Scotland ask to be American states
Ukraine is not our ally, while the UK has had a very special relationship with us long beyond modern Ukraine even existed.
Anonymous
10/20/2022 16:31
Subject: Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:Anonymous wrote:UK is doomed. They have out of control inflation and their economy is anemic. They will need to eat an even worse recession to get out of it, or stimulate and eat 20% inflation. The pound will tank further soon, probably below parity with the dollar.
I'd rather throw cash at the UK instead of Ukraine
No way.
Throw cash at Ukraine to bleed Russians
Break uk to make it into an American vassal
Ideally the uk becomes such as basketcase that England, wales and Scotland ask to be American states
Anonymous
10/20/2022 16:25
Subject: Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:UK is doomed. They have out of control inflation and their economy is anemic. They will need to eat an even worse recession to get out of it, or stimulate and eat 20% inflation. The pound will tank further soon, probably below parity with the dollar.
I'd rather throw cash at the UK instead of Ukraine
Anonymous
Anonymous
10/20/2022 16:04
Subject: Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:Anonymous wrote:
I don't understand. This is an intelligent woman, trained at Oxford, stints in accountancy, married to an accountant, and she still can't add up the numbers, familiarize herself with basic economics, and instead plops out a ridiculous finance plan?!? How on earth did she and her finance minister come up with such complete shite?!? Was pressure/inducement applied from somewhere, or were they morons all by their little own selves?
The mind boggles.
There is absolutely nothing about about conservatism that works economically. Trickle down economics are utter fiction. Making the rich richer and the poor poorer does not help the economy and in fact kneecaps it. Racking up huge deficits on credit with no plan to pay it back is not a healthy economic strategy.
Smart people understand this, but smart selfish people disregard this when they see regressive politics as a path to power and wealth. To be a conservative politician you must at least pretend you believe these obviously disastrous policies are good for your constituents.
Some politicians go the path of Mitch McConnell or Boris Johnson and never truly buy the BS but are sociopathic enough that they don't care that their policies are poison to the vast majority of their constituents - their lust for wealth and power trumps all decency. Some go the path of Liz Truss and dive so deep into the BS it consumes them and they actually start believing it's true.
+1 And that goes for us, too.
Anonymous
10/20/2022 14:11
Subject: Re:Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:Always fun to see the fkery that is Brexit play out in real time.
DH is a Brit, and he's been keeping close tabs on this and discussing it with a friend in the UK, who is a smart guy.
They said it's a combination of things, but yes, Brexit definitely is part of the root cause of the issue.
The UK has some weird rules and laws like how the mortgage rates are pretty much all variable, tied to the interest rate. So, people's mortgages are going through the roof with higher rates. DH once had a mortgage in the UK, and when the rates started climbing, he could no longer afford the mortgage. He sold and took a huge loss. I cannot imagine having such an unstable mortgage, which is a huge % of your income.
With winter coming, and the war in Ukraine, their heating bill is going to sky rocket.
DH thinks the pound will sink further in the coming months. Too much instability.
But, this is what the people voted for - a hard brexit.
Anonymous
10/20/2022 13:51
Subject: Re:Liz Truss (UK Prime Minister) may be gone soon
Always fun to see the fkery that is Brexit play out in real time.
Anonymous
10/20/2022 12:55
Subject: Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:
I don't understand. This is an intelligent woman, trained at Oxford, stints in accountancy, married to an accountant, and she still can't add up the numbers, familiarize herself with basic economics, and instead plops out a ridiculous finance plan?!? How on earth did she and her finance minister come up with such complete shite?!? Was pressure/inducement applied from somewhere, or were they morons all by their little own selves?
The mind boggles.
Just read Britannia Unchained. Which, of course, you're not going to do, because it's a pile of crap. Truss believes in a low-tax, low-regulation economy, and thinks that this will turn the UK into the new Singapore.
And regarding Oxford, I know plenty of book-smart, stupid people who have studied at Oxford.
Anonymous
10/20/2022 12:51
Subject: Re:Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:Is the UK officially more of a hot mess than the U.S. politically?
I feel like they get a wide berth because of the accent, but this...this is too much. Especially coming after Boris.
Which accent would that be? We have many different accents.
Anonymous
10/20/2022 12:50
Subject: Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:She is guiding England to the bring of economic disaster.
IOW doing what she was sent to do.
You mean the UK.
Anonymous
10/20/2022 12:46
Subject: Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:Anonymous wrote:
I don't understand. This is an intelligent woman, trained at Oxford, stints in accountancy, married to an accountant, and she still can't add up the numbers, familiarize herself with basic economics, and instead plops out a ridiculous finance plan?!? How on earth did she and her finance minister come up with such complete shite?!? Was pressure/inducement applied from somewhere, or were they morons all by their little own selves?
The mind boggles.
There is absolutely nothing about about conservatism that works economically. Trickle down economics are utter fiction. Making the rich richer and the poor poorer does not help the economy and in fact kneecaps it. Racking up huge deficits on credit with no plan to pay it back is not a healthy economic strategy.
Smart people understand this, but smart selfish people disregard this when they see regressive politics as a path to power and wealth. To be a conservative politician you must at least pretend you believe these obviously disastrous policies are good for your constituents.
Some politicians go the path of Mitch McConnell or Boris Johnson and never truly buy the BS but are sociopathic enough that they don't care that their policies are poison to the vast majority of their constituents - their lust for wealth and power trumps all decency. Some go the path of Liz Truss and dive so deep into the BS it consumes them and they actually start believing it's true.
+1 to your whole thing but especially the bolded sentence.
Anonymous
10/20/2022 12:39
Subject: Re:Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:Is the UK officially more of a hot mess than the U.S. politically?
I feel like they get a wide berth because of the accent, but this...this is too much. Especially coming after Boris.
At least they have some political accountability. This lady was a disaster and got booted within weeks. We had to live with the Trump disaster for four years and almost got another four.
Anonymous
10/20/2022 10:57
Subject: Re:Liz Truss (UK Prime Minister) may be gone soon
Anonymous wrote:Boris may make a comeback.
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