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La La Land

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Re: La La Land

Postby Lordo » Wed Sep 28, 2022 9:54 am

Finally Starmer has mentioned worthwhile policies

1. Cancel the 5% tax handout for top earners
2. Government owned renewable energy producer
3. Apply the cancelled corporation tax
4. Cancel the non-dom status for the rich

All there is left now is to stop removing the left from the party and distance himself from Israel.

Now that would be something.

It will be interesting to see if 17% poll lead increases after this declaration

Not forgetting that the IMF last week started talking about our economic situation.
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Re: La La Land

Postby Maximus » Wed Sep 28, 2022 11:57 am

Austerity and raise interest rates or else austerity and a bailout and raise interest rates. :roll:

Do you want to take out extra loans to fund your UK open border "refugee" policy as well Bordo?
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Re: La La Land

Postby Lordo » Wed Sep 28, 2022 1:00 pm

Well that did not take long.

His bosses are in the office to give him step by step instructions

Bankers hold crisis meeting with chancellor
Earlier we reported that Chancellor Kwasi Kwarteng was due to meet with investment banks today in a bid to reassure the City about his economic plans.

A short time ago, JP Morgan's chief executive in Europe, the Middle East and Africa, Viswas Raghavan, arrived at the Treasury for a meeting with Kwarteng.

Bank of America's international president Bernard Mensah was also seen arriving at the Treasury, where he gave reporters a quick smile but ignored all questions as he walked in.

The executives were later seen leaving through the front door of the Treasury.


https://www.bbc.co.uk/news/live/uk-politics-63056188
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Re: La La Land

Postby Lordo » Wed Sep 28, 2022 1:02 pm

Maximus wrote:Austerity and raise interest rates or else austerity and a bailout and raise interest rates. :roll:

Do you want to take out extra loans to fund your UK open border "refugee" policy as well Bordo?

Fuck off back to the rat hole you fuckin crawled out of boy. First you have to join Humanity before you have something valid to say.
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Re: La La Land

Postby Maximus » Wed Sep 28, 2022 1:03 pm

Lordo wrote:
Maximus wrote:Austerity and raise interest rates or else austerity and a bailout and raise interest rates. :roll:

Do you want to take out extra loans to fund your UK open border "refugee" policy as well Bordo?

Fuck off back to the rat hole you fuckin crawled out of boy. First you have to join Humanity before you have something valid to say.


I thought you were for human rights, or is it only for those people that agree with you?
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Re: La La Land

Postby Lordo » Wed Sep 28, 2022 1:11 pm

In its unusually blunt statement, the IMF says the £45bn proposal is risky and will "likely increase inequality"

Wow
Can you believe we have just borrowed 45billion to give the richest cunts in the country a tax cut.
That is something when even IMF does not like it.

I remember last time IMF spoke at YK was in the 70s when oil price went from 3 dollars to 33 dollars a barrel which pushed up inflation to about 20% and the Labour party in government had the audacity to pay workers an increase in wages so they can live. I mean can you believe that? Workers should be able to work without food right?

What is stranger is 45% of our electricity is supplied from renewable or nuclear energy and we only import 15% of our gas from Norway the rest come from the North Sea but we are still going to be charged the full market gas prices being charged because of the sanctions against Russia.

The energy market is not natural, it is created. Watch Varufakis's clip and you will understand what these cunts are upto.
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Re: La La Land

Postby Lordo » Wed Sep 28, 2022 1:15 pm

Bank of England launches massive surprise intervention - Faisal Islam - BBC Economics Editor

The Bank of England has launched a surprise and potentially huge intervention in government bond markets to prevent what it said was a “material risk to financial stability” arising from market turmoil after Friday’s mini-budget.
The Bank will now buy unlimited quantities of long-term debt.
The effective interest rates being charged to the UK government in these markets was spiralling to 20-year highs. That has now fallen back.
It is very similar to the policy of quantitative easing that saw money pumped into the economy during crisis periods. It could also help the government’s funding costs.
But it was not a decision made by the Bank’s Monetary Policy Committee, who were informed of the decision after it was made by the Bank’s financial experts.
It comes at exactly the same time as that committee had been committed to doing the exact reverse policy - selling government debts.
The process was due to start next week and has been delayed. It is a massive intervention, but it could confuse markets about the clarity of policy making.

So what exactly is the fucking bank going to use to by the bonds? Borrow more money? What a fuckin mess. Back to Greece/Cyprus problem of a few years ago. Remember that?
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Re: La La Land

Postby Lordo » Wed Sep 28, 2022 1:42 pm

Wow,

Can you believe this?
Who's been a naughty boy then? Sit in the corner of a round room and say 1 million times "I will not upset IMF again".

Kwarteng sent stinging and unusual rebuke by IMF
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Re: La La Land

Postby Lordo » Wed Sep 28, 2022 2:01 pm

I just don't understand it. Swine have dropped the top rate of tax and also increased interest rates, add to that Bank of La La Land have started buying government bonds and yet the pound is falling. Can it be connected to the Swine Party in government in any way?
Last edited by Lordo on Wed Sep 28, 2022 3:26 pm, edited 1 time in total.
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Re: La La Land

Postby Get Real! » Wed Sep 28, 2022 2:46 pm

Lordo wrote:I just don't understand it. Swine have dropped the top rate of tax and also increased interest rates, add to that Bank of La La Land have started buying government bonds and yet the pound is falling. Can it be with the connected to the Swine Party in government?

Shit happens when instead of serving the interests of your citizens and your country, you serve foreign agents…

https://edition.cnn.com/2022/09/28/econ ... index.html

https://edition.cnn.com/2022/09/28/inve ... index.html
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