Brexit, for once some facts.

[guerney]

Lol

How Kwarteng’s old boss is cashing in as UK economy crashes

The hedge fund manager has described his lucrative bets against the government as ‘the gifts that keep on giving’

www.opendemocracy.net

 

[oyster]

And Johnson's grand claims for British Volt appear to be headed for the scrap heap.

Shock therapy: turmoil engulfs Britishvolt’s £3.8bn battery factory

Future of company hailed by Boris Johnson as key to green industrial revolution hangs in the balance, as the first in our Electric dreams series on Britain’s fledgling battery industry reveals

www.theguardian.com

Not just the Guardian - the FT had a big article but I cannot access it.

 

[guerney]

Whatever actually happens, the attitude and incompetence shown by LT and KK has fatally undermined them. And this morning's local radio interviews didn't help.

It is all very well procaliming belief. But it is the irrational belief that is akin to religion they are showing. Not the belief based on sound argument and open to change with circumstances and seeing effects. Maybe, on occasion, both come to the same conclusion about an issue. But religion and politics are very bad bedfellows.

I think we've been infltrated at the highest levels of government by the Kwasiest USA neocons. Seriously, this sort of railing against the "Economic orthodoxy" is precisely the drivel they emit - I'd much rather see the Green's total upset of the economic system than this madness - humanity would survive longer.

 

[esuark]

Not just the Guardian - the FT had a big article but I cannot access it.

dont tell me the FT want money, figures.

 

[oyster]

dont tell me the FT want money, figures.

As almost always! I only mentioned them to ensure it wasn't dismissed as a Guardian-only article without any basis.

 

[jonathan.agnew]

That's Chris Philp, MP for Croydon South, adjacent to my ward, a prize twerp.

Thankfully I have a Labour MP, Sarah Jones, who kicked another Tory prize twerp out of office, Gavin Barlow who then became Theresa May's advisor in number 10. That didn't go well either!
.

truss has hired Andy's previous media advisor

'An interesting start': Liz Truss takes on former Prince Andrew media adviser

ONE of Liz Truss’s key advisers previously worked under Prince Andrew.

www.thenational.scot

Phew, for a moment I was worried there, but this should sort things

 

[guerney]

And Johnson's grand claims for British Volt appear to be headed for the scrap heap.

Shock therapy: turmoil engulfs Britishvolt’s £3.8bn battery factory

Future of company hailed by Boris Johnson as key to green industrial revolution hangs in the balance, as the first in our Electric dreams series on Britain’s fledgling battery industry reveals

www.theguardian.com

Not just the Guardian - the FT had a big article but I cannot access it.

Firefox with Javascript disabled defeats the FT paywall - I can read it, can't see the paywall

The EV battery race: inside the struggles of Britishvolt | Financial Times

The fate of the UK’s automotive industry might ride on it — but it has no working prototype, no factory and no customers

www.ft.com

That's interesting - it depends where the clicks originate from - if you Google news with the terms "Liz Truss orthodoxy" and click the FT link, this article is visible... but if you click the link above (which is the same URL), it disappears behind a paywall... same with that first article.

liz truss orthodoxy - Google Search

www.google.com

To read, hit the FT link on this page:

britishvolt - Google Search

www.google.com

 

[guerney]

truss has hired Andy's previous media advisor

'An interesting start': Liz Truss takes on former Prince Andrew media adviser

ONE of Liz Truss’s key advisers previously worked under Prince Andrew.

www.thenational.scot

Phew, for a moment I was worried there, but this should sort things

She's enjoyed continuous non-sweaty massages by underage boys for five days while eating pizza?

 

[oyster]

truss has hired Andy's previous media advisor

'An interesting start': Liz Truss takes on former Prince Andrew media adviser

ONE of Liz Truss’s key advisers previously worked under Prince Andrew.

www.thenational.scot

Phew, for a moment I was worried there, but this should sort things

I'd be very wary of working under Prince Andrew.

 

[oldgroaner]

The clear intention of this government
is to make the outbreak of World War 3
Look like a career opportunity.

 

[soundwave]

should keep me nice and warm lol

 

[flecc]

View attachment 49006

should keep me nice and warm lol

And the planet once all that carbon is released !
.

 

[soundwave]

And the planet once all that carbon is released !
.

97% of all carbon comes from humans so let the Germans freeze to death to off set my wood burning

 

[oyster]

Stable finance? Stable door finance - locked after bolted horse.



Liz Truss will hold emergency talks with the head of Britain’s independent fiscal watchdog after failing to dampen panic in the financial markets or shore up support from Tory MPs on her radical economic plan.
In a highly unusual move, the prime minister will meet the Office for Budget Responsibility’s (OBR) Richard Hughes on Friday, along with her chancellor, Kwasi Kwarteng, before being presented with a first draft of its full fiscal forecasts next week.

One government insider said the OBR meeting was “like trying to read the manual after you’ve broken the thing” after last week’s announcement of sweeping tax cuts triggered investor panic over the future health of the UK economy, prompting a sharp fall in the value of the pound and driving up government borrowing costs.

 

[oldgroaner]

@oldgroaner - is what your home looks like? My walls are an empty canvas...

Ron's Place – #savingronsplace

ronsplace.co.uk

I need more walls!
Computer desk (The framed picture isn't one of mine, it was a gift from the MD

 

[oldgroaner]

I need more walls!
Computer desk (The framed picture isn't one of mine, it was a gift from the MD
View attachment 49010

And this is the other end wall of the living room

 

[jonathan.agnew]

Time for Charlie Boy to step in and make a hero of himself by dissolving parliament

seems that task will fall on the obr

UK's Truss meets with fiscal watchdog amid economic crisis

LONDON (AP) — British Prime Minister Liz Truss and her Treasury chief met with the...

www.newstimes.com

"bean counters holding the economy back" that truss refused to meet before, kwasi refused to consult before mini budget. have to hand it to Truss, in massive screeching u turns (meeting with the obr who say they will consider "govt's role in crisis", assess "market credibility" of the mini budget) and torpedoing conservative party she truly is becoming boris' spiritual successor. cannot begin to imagine how vindicated brexit voters must feel about her coming through on all that was promised.

 

[oyster]

"bean counters holding the economy back"

If you don't count your beans, you have no idea how many beans you have.

It is easy, and all too often appropriate, to criticise those who do that job. And the narrow focus (make every cost you can an externality, etc.). But we do need those numbers otherwise we cannot know if we have enough beans, or you have more than you need.

 

[flecc]

If you don't count your beans, you have no idea how many beans you have.

Liz and Kwasi should know, they are both already "have beens".
.

 

[jonathan.agnew]

Liz and Kwasi should know, they are both already "have beens".
.

To be fair to truss and kwasi, they are delivering on what was always the true promise of brexit: asset stripping the local economy (collapsing the property market, cutting taxes and govt services) to benefit offshore multinationals and funds of wealthy individuals.