Labour got too many votes.
If anything, this is a vote of confidence in Starmers policies, and running of the party.
This is not a good thing.
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Labour got too many votes.
If anything, this is a vote of confidence in Starmers policies, and running of the party.
This is not a good thing.
The one way of getting Starmer out of office, is by NOT voting labour tomorrow.
If the labour vote collapses, then a leadership challenge would surely be the result.
Of course, this will not happen.
Gov wants investors money tied up in Gov Bonds, not as cash (central bank reserves).
If losses on QE holdings result in more cash in the economy, it will sell more bonds to soak it up.
This is all this is.
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RT @SoaresRohan
UK Treasury to transfer 30 billion pounds to the BoE this year to cover losses on QE holdings?
Will this be followed by EU, Japan and US Treasuries? @FedGuy12
And what happens as a result to Japan's fisc and …
https://twitter.com/SoaresRohan/status/1652548748931727360
“UK Treasury to transfer 30 billion pounds to the BoE this year to cover losses on QE holdings? Will this be followed by EU, Japan and US Treasuries? @FedGuy12 And what happens as a result to Japan's fisc and Debt-to-GDP ratio when BoJ raises rates? https://t.co/PEcIdzubP2”
This is why LABOUR, lib-dem, green, or whoever... can NOT do ANYTHING about the NHS, etc.
Because of a choice the Tories Made.
Out only hope is to privitise the NHS. Because there is No Alternative, eh? @AaronBastani ?
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RT @AaronBastani
This is what the Tories decided NOT to do with North Sea Oil.
Long term view will be that Margaret Thatcher was a catastrophe for the U.K. economy.
https://twitter.com/AaronBastani/status/1653001348793679873
https://www.gamerevolution.com/guides/939217-is-twitter-down-logout-error-login-issues-logged-out
Looks like it’s not just me !!
The thing is, this is capitalist also.
Indeed a capitalist government will go out of its way to ensure capitalism hurts the poor, while providing huge profits to the rich.
In both systems, and indeed USSR communism, it is endemic corruption, that leads to this.
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RT @GoldingBF
Socialism explained in one image 👍
https://twitter.com/GoldingBF/status/1653022210339090436
People consume whatever they produce.
If we are worse off, its because we are producing less.
which means there are less people doing productive work, more people doing non jobs or living the highlife being a millionaire.
Ask who has caused this.
https://www.independent.co.uk/news/uk/home-news/uk-billionaires-20-pandemic-cost-of-living-crisis-b2247823.html
“@MrShigemitsu The bond markets didn’t sell off because Kwarteng was failing to impose an arbitrary fiscal target but because a) the Bank of England had withdrawn itself as the biggest purchaser of gilts when it started to become a net seller, as it moved from QE to QT - the day b4 minibudget -”