They've surrounded themselves with yes men, stuck their fingers in their ears and put the blinkers on for the public. In their minds they're doing a good job and drowning out any criticism. They won't go unless we make them and it won't be from votes being tolerant or asking nicely
The most incompetent government in our countries history. And that includes the last turnips aswel. I have 1000% given up on this country...... waiting for everyone else to feel the same.
The reason the market is stagnating and inflation is continuing to rise is directly due to their policies and their economic illiteracy. Don't believe me? I can prove they have no idea how to tackle inflation. In their budget, they simultaneously lowered fuel tariffs (a good policy to reduce inflation) then raised minimum wage (a bad policy to reduce inflation). If they had a clue what they were doing, why would they counteract their own inflation reducing policies? The answer, they don't know what they are doing. They didn't even have to lower wages, just keep them the same while we enjoyed some cheaper energy for once. They are totally incompetent. People we need a general election and we need radical reform (not the party the concept).
so leave people earning less lol. no the reason for the financial turmoil is the Tories burning through cash. The only reason Rishi called such an early election is that the treasury came ot him and told him he had already spent the rest of that years budget and the cpuntry was heading for economic disaster. Then he lied and they continue to lie about the state they left the finances in. 2 independant reviews have stated the tories lied about the state of the economy going into the election.
@emilymccartney1593 haha no. This is common sense economics though. Also, if you're going to go into credentialsm then you're not even worth talking to. You are allowed to have an opinion and state basic facts without a PhD, not sure if you were aware of that?
@@hamiltoncork5778 lol I do find it funny when someone who thinks they know a lot is actually clueless as to the reasons behind what’s going on. The tories bore the budget, they left a massive hole in the economy and refused to admit it. They left labour with the largest industrial action since thatcher with teachers, drs, nurses all striking because they hadn’t been given a pay rise in 15 years, something the tories did because while they never admit it they believe in a US style private healthcare system so want to destroy the NHs Labour have come in and seen the facts, the truth of it all and so they need to fix things. In addition the rich bankers who are now collapsing the economy are all tories, or don’t want to see labour give the poors more opportunity. Labour have made the hard choices, something Tories have refused to do.
Here is a clip of rachel reeves talking about something she has no idea about, next a clip of downing streets front door and a stray cat 😂😂 pretty much summed up life for people in the UK... no one home at downing street and we are all bloody strays now
Lets have a look at what happened in the 70's when Reeves's illiterate economics were in full swing. Stagflation,zero investment,66% of jobs non money making public sector jobs,the evil 1% who currently pay 30% of all tax revenue doing as they did in the 70's-leave-meaning basic rate tax was 33% to try and fill the gap. Then...1976,the country went bankrupt-forced to beg to the IMF which was when Reeves' infantile economics were slowly reversed to get....GROWTH!!! Problem is Reeves and gen z weren't about in the 70's and thought they invented politics and economics (they're on a very sharp learning curve now) and of course Reeves ISNT an economist-if she were she would never have done a bankrupting budget. Roll on bankruptcy anf the IMF!
"we have a plan", "we will set out our plan", "this government has a plan"... The trouble is, not a single one has ever been made public if any even exist. Reeves and Starmer were given the benefit of the doubt by traders, but as time goes by people are getting cold feet and bailing out. There is nothing in the financial data or budget which demonstrates any pathway to growth, and inflation has been increasing +.3 every month above target in the UK. The data of course lags behind (so while we are in January, we've only just received November's data) and it is already up at 4%. At the rate everything is going, the BoE is going to need to start increasing interest rates again to counter it - meaning we're walking into a repeat of what was happening during the CoL crisis. To top it off, I'm not even confident that the US is going to be pleasant given what our current government were up to during their elections, as well as all the historic drama involved there - and if tariffs are applied against goods it's going to squeeze businesses even further. I mean for god sake, the other day there were two Labour MPs tweeting that Morrisons should pay corporation tax last year because they ended up paying nothing... Yet they didn't have the basic financial literacy to understand P/L and the fact that corporation tax is not paid on an operating loss. Hardly any minister in government has ever worked in the private sector: they're all public and third sector lawyers, activists or volunteers, which would explain why not a single one of them have a grasp of this. If the country ran as if it were a private company, the entire lot of them would have been out on their arse on day 1 due to lacking experience, knowledge and skill.
He won't keep his role much longer but to stave off the inevitable he will throw everyone under the bus before himself until he is finally dragged out of that office (with his fingernails left behind from clinging so tight to the doorframe)
What worries me more than anything is that her departments and various Quango departments in Westminster and Whitehall are the ones who provide her with figures and advice as to where cuts / savings can be made. It is up to the Chancellor to look at that advice and then to set than against the pros and cons of implementing it and not just accept blindly and without question. Because these unelected individuals / departments are the same ones no matter what Government is in charge and is exactly where the waste lies - the Snivelling Service.
Why is it that women claims half of a man's wealth following a divorce? This situation appears to lack fairness and raises questions about the principle of equality. Where is the balance in such stupidity?
because that women has ut her life and career on hold for that man to earn that wealth. because a couple are equal and if the women is sucesful the man can claim half of her wealth.
@ if a man is married and he earns all the money while His wife stays at home and they then get divorced the reason she has no money of her own is because she stayed at home to look after him. When you marry your assets become your partners and vice versa. Therefore when you divorce it is only fair that half of what the man earns be given to his wife to allow her to live. Now. If she is successful and has a job then she won’t get as much from him. If thete are children and he has them 50% of the time he does not have to pay her for them, if she has more money then he can get money from Her and usually, where the husband makes monthly payments to the wife that will end of she meets and remarries, the fact you don’t know this kind of proves the point that someone really shouldn’t try to have an opinion if they don’t understand the issue
Daily Record - can you tell me what you define as market turmoil? All my investments steady or up. You wouldn't be making up a headline for effect would you?
UK assets have been hit hardest among developed economies in the recent global selloff amid mounting concern about government finances and sticky inflation
@@WhatDemocracy can you be specific and point me to which markets are in turmoil since labour came to power? The title is markets i.e. financial markets. Please refer me to a UK based market index that is currently uniquely in turmoil as a direct response to fiscal policy outline 2 months ago in the uk (wanting to learn). Many thanks.
I am not an economist but I did A Level economics. This is my lay man explanation of the markets affected. Bond Markets - The price of yields determine the cost of borrowing(interest rates) the government has to pay back on money it borrows. Yields have been rising recently and this means the high cost of borrowing, which in turn leads to them having to pay higher interest payments. The increased interest payments is bad for the UK since the UK is in a low growth and as such needs money to be invested in public services and other investment to boost growth but this money will be spent on interest payments instead. Currency Market - The pound has weakened against most of it peers. This makes it difficult for businesses who have operations abroad because its more expensive for them to do business. A weak pound might help a few companies that export good across the world. Since more people can buy their goods due to pound being weaker. Pension Funds - Most Pension Funds in the UK buy government bonds since they are very safe investment. The price of a bond is inversely correlated to the yield. So if you bought a 10yr bond with a yield of 4% at 95 and then two days later the yield on the 10yr goes up to about 5% the price of that bond will go down to say about 90. so, you will be making a loss since you bought at 95 and can now only sell at best 90(I am not an economist nor a math head, one thing I know is there is an inverse correlation. I don't remember the exact formula to calculate it). So most pension funds could be facing losses and this is bad for pensioners whose pensions are being managed.
I am not an economist but I did A Level economics. This is my lay man explanation of the markets affected. Bond Markets - The price of yields determine the cost of borrowing(interest rates) the government has to pay back on money it borrows. Yields have been rising recently and this means the high cost of borrowing, which in turn leads to them having to pay higher interest payments. The increased interest payments is bad for the UK since the UK is in a low growth and as such needs money to be invested in public services and other investment to boost growth but this money will be spent on interest payments instead. Currency Market - The pound has weakened against most of it peers. This makes it difficult for businesses who have operations abroad because its more expensive for them to do business. A weak pound might help a few companies that export good across the world. Since more people can buy their goods due to pound being weaker. Pension Funds - Most Pension Funds in the UK buy government bonds since they are very safe investment. The price of a bond is inversely correlated to the yield. So if you bought a 10yr bond with a yield of 4% at 95 and then two days later the yield on the 10yr goes up to about 5% the price of that bond will go down to say about 90.(I am not an economist nor a math head, one thing I know is there is an inverse correlation. I don't remember the exact formula to calculate it). So most pension funds could be facing losses and this is bad for pensioners whose pensions are being managed.
It amazes me how they have the audacity to show their faces. Get out now .
They've surrounded themselves with yes men, stuck their fingers in their ears and put the blinkers on for the public.
In their minds they're doing a good job and drowning out any criticism.
They won't go unless we make them and it won't be from votes being tolerant or asking nicely
Yea but they rarely do in public. We all hate them for sure
“The problem with socialism is that you eventually run out of other people's money.”
Buy Bitcoin to secure wealth
Yes
Somebody famous said that ? Can't remember who it was ?
So you think that free market capitalism is a part of socialism.
Care to explain?
Iron Lady 🇬🇧
Rachel is making the Lettuce look positively competent, must be all that experience she's got in the complaints department.
SHE is MY biggest complaint and so are the rest of the ikea cabinet goons
give it time, she is righting tory mismanagement and corruption
@@Ginric99😅😅😅
They are letting China back in for a rubbish 600m over 5 years. I could of raised more then that from the Chinese. She's useless
@Ginric99 she's had 6 months bro
The most incompetent government in our countries history. And that includes the last turnips aswel.
I have 1000% given up on this country...... waiting for everyone else to feel the same.
Incompetence is sometimes used as a smokescreen for cold calculation.
It's not the country. Its the leaders........
@@WhatDemocracy incorrect.
@@DepravedIngrate you are 100% correct. I agree.
@@AdeboFunkyVoodoo OK adebo. What is incorrect? Or are you just a really lazy troll?
Rachel from accounts should never have been appointed in the first place let alone stay in her job…..
She is just a puppet.
Who do you suggest would do the Job better?
THE WOMAN HASN'T A CLUE
About what?
What do you suggest she does as an alternative?
Phone rings:
RV: hello it's Rachel from accounts, how can I help
Remember when Labour represented and came from the working class? They don't.
It’s Liz truss all over again!
this show that you know nothing either
I’ve left small block of cheese out to see if it can outlast Reeves.
Keep me posted 👍
😂
The reason the market is stagnating and inflation is continuing to rise is directly due to their policies and their economic illiteracy. Don't believe me? I can prove they have no idea how to tackle inflation. In their budget, they simultaneously lowered fuel tariffs (a good policy to reduce inflation) then raised minimum wage (a bad policy to reduce inflation). If they had a clue what they were doing, why would they counteract their own inflation reducing policies? The answer, they don't know what they are doing. They didn't even have to lower wages, just keep them the same while we enjoyed some cheaper energy for once. They are totally incompetent. People we need a general election and we need radical reform (not the party the concept).
so leave people earning less lol. no the reason for the financial turmoil is the Tories burning through cash. The only reason Rishi called such an early election is that the treasury came ot him and told him he had already spent the rest of that years budget and the cpuntry was heading for economic disaster. Then he lied and they continue to lie about the state they left the finances in.
2 independant reviews have stated the tories lied about the state of the economy going into the election.
Are you an Economist?
@emilymccartney1593 haha no. This is common sense economics though. Also, if you're going to go into credentialsm then you're not even worth talking to. You are allowed to have an opinion and state basic facts without a PhD, not sure if you were aware of that?
@@hamiltoncork5778
So, you’re not, and waffling crap 👍
@@hamiltoncork5778 lol I do find it funny when someone who thinks they know a lot is actually clueless as to the reasons behind what’s going on.
The tories bore the budget, they left a massive hole in the economy and refused to admit it. They left labour with the largest industrial action since thatcher with teachers, drs, nurses all striking because they hadn’t been given a pay rise in 15 years, something the tories did because while they never admit it they believe in a US style private healthcare system so want to destroy the NHs
Labour have come in and seen the facts, the truth of it all and so they need to fix things.
In addition the rich bankers who are now collapsing the economy are all tories, or don’t want to see labour give the poors more opportunity.
Labour have made the hard choices, something Tories have refused to do.
Trust professional Liars and Traitors
Hope she was sacked for incompetence
Whosoever replaces her won't change much mate. Keep dreaming
Here is a clip of rachel reeves talking about something she has no idea about, next a clip of downing streets front door and a stray cat 😂😂 pretty much summed up life for people in the UK... no one home at downing street and we are all bloody strays now
Not a stray cat, that’s the rightful tenant of No 10 Downing Street, nice to see he is well and still keeping his eye on the place.
Yeah you can tell no one is in charge if the best they can do is " let's get ai to solve all the problems ".
Lets have a look at what happened in the 70's when Reeves's illiterate economics were in full swing. Stagflation,zero investment,66% of jobs non money making public sector jobs,the evil 1% who currently pay 30% of all tax revenue doing as they did in the 70's-leave-meaning basic rate tax was 33% to try and fill the gap. Then...1976,the country went bankrupt-forced to beg to the IMF which was when Reeves' infantile economics were slowly reversed to get....GROWTH!!! Problem is Reeves and gen z weren't about in the 70's and thought they invented politics and economics (they're on a very sharp learning curve now) and of course Reeves ISNT an economist-if she were she would never have done a bankrupting budget. Roll on bankruptcy anf the IMF!
Don’t blame your colleagues , it’s the leader who dictates the programme and direction ,
"we have a plan", "we will set out our plan", "this government has a plan"... The trouble is, not a single one has ever been made public if any even exist. Reeves and Starmer were given the benefit of the doubt by traders, but as time goes by people are getting cold feet and bailing out. There is nothing in the financial data or budget which demonstrates any pathway to growth, and inflation has been increasing +.3 every month above target in the UK. The data of course lags behind (so while we are in January, we've only just received November's data) and it is already up at 4%.
At the rate everything is going, the BoE is going to need to start increasing interest rates again to counter it - meaning we're walking into a repeat of what was happening during the CoL crisis. To top it off, I'm not even confident that the US is going to be pleasant given what our current government were up to during their elections, as well as all the historic drama involved there - and if tariffs are applied against goods it's going to squeeze businesses even further.
I mean for god sake, the other day there were two Labour MPs tweeting that Morrisons should pay corporation tax last year because they ended up paying nothing... Yet they didn't have the basic financial literacy to understand P/L and the fact that corporation tax is not paid on an operating loss.
Hardly any minister in government has ever worked in the private sector: they're all public and third sector lawyers, activists or volunteers, which would explain why not a single one of them have a grasp of this. If the country ran as if it were a private company, the entire lot of them would have been out on their arse on day 1 due to lacking experience, knowledge and skill.
What market turmoil?
Wow, the greatest economic brain running the UK economy. Bet she's never run a raffle.
More intellect and business savvy at a chimps tea party
Lol, pressure is mounting…..This can’t go on forever. Tick tock.
He won't keep his role much longer but to stave off the inevitable he will throw everyone under the bus before himself until he is finally dragged out of that office (with his fingernails left behind from clinging so tight to the doorframe)
What worries me more than anything is that her departments and various Quango departments in Westminster and Whitehall are the ones who provide her with figures and advice as to where cuts / savings can be made. It is up to the Chancellor to look at that advice and then to set than against the pros and cons of implementing it and not just accept blindly and without question. Because these unelected individuals / departments are the same ones no matter what Government is in charge and is exactly where the waste lies - the Snivelling Service.
Even the cat is behind bars what did he do?
She has the full confidence of the government 😂
😂😂😂 Reeve's has had the dreaded
"Vote of confidence" ....
The cabinet has woodworm 😂
Why is it that women claims half of a man's wealth following a divorce?
This situation appears to lack fairness and raises questions about the principle of equality. Where is the balance in such stupidity?
because that women has ut her life and career on hold for that man to earn that wealth. because a couple are equal and if the women is sucesful the man can claim half of her wealth.
@@Ginric99you’re completely full of yourself, stop smoking drugs
Stating that a woman has put her career on hold is a questionable justification, but I wasn’t aware it could apply in reverse as well. Fair enough.
🤦
@ if a man is married and he earns all the money while
His wife stays at home and they then get divorced the reason she has no money of her own is because she stayed at home to look after him.
When you marry your assets become your partners and vice versa. Therefore when you divorce it is only fair that half of what the man earns be given to his wife to allow her to live. Now. If she is successful and has a job then she won’t get as much from him. If thete are children and he has them 50% of the time he does not have to pay her for them, if she has more money then he can get money from
Her and usually, where the husband makes monthly payments to the wife that will end of she meets and remarries, the fact you don’t know this kind of proves the point that someone really shouldn’t try to have an opinion if they don’t understand the issue
Rachel from accounts telling the Cabinet that all the monies gone already. It only took 6 months.
See Tulip is there
SUFFAH, LABOUR!
Id rather have Rachel Riley in charge 😂
Stop sending BILLIONS of our money to foreign countries.
Should have stayed in China.😢
There she is, lads. Rachel from the complaints department.
Bring back Sunak really is saying something
Bring back a genuine Economist in Sunak who got the finances under control within the limited time he had
She's in the wrong place .
If those bond traders have any sense of morality..they will put this government out of business for good 🙏🏴☠️
She got the job to meet diversity targets and that means more to Labour than the economy of the country and the will of the people.
She looks utterly clueless
They had the nerve to slag Truss ! Reeves is going to do more damage to the economy than anybody ever has.
No one has a nerve to slag Truss. The woman is an incompetent maniac.
@ like Reeves is turning out 👍
Man the poor cat.. Forgot about him.. Poor Larry's surrounded by corrupt snakes.
And I thought the Tories were incompetent.
I hear Rachel from accounts is depressed. She wants to try being on the other end of her incompetence.
Not a lettuce more like a rotten cabbage
Millionaires left the chat.....
to go abroad ❤
When the Market loose confidence they will sell the GB pound. Cheap pounds are inflation to Rachel doesn't know that 😅😅😅
Robert Maudsley was released?😂
That poor cat outside Number 10. Labour punch them according to Portuguese tiktok.
Daily Record - can you tell me what you define as market turmoil? All my investments steady or up. You wouldn't be making up a headline for effect would you?
UK assets have been hit hardest among developed economies in the recent global selloff amid mounting concern about government finances and sticky inflation
@@WhatDemocracy no its tory supporting billionairs trying to make labour look bad.
@@WhatDemocracy can you be specific and point me to which markets are in turmoil since labour came to power? The title is markets i.e. financial markets. Please refer me to a UK based market index that is currently uniquely in turmoil as a direct response to fiscal policy outline 2 months ago in the uk (wanting to learn). Many thanks.
I am not an economist but I did A Level economics. This is my lay man explanation of the markets affected. Bond Markets - The price of yields determine the cost of borrowing(interest rates) the government has to pay back on money it borrows. Yields have been rising recently and this means the high cost of borrowing, which in turn leads to them having to pay higher interest payments. The increased interest payments is bad for the UK since the UK is in a low growth and as such needs money to be invested in public services and other investment to boost growth but this money will be spent on interest payments instead.
Currency Market - The pound has weakened against most of it peers. This makes it difficult for businesses who have operations abroad because its more expensive for them to do business. A weak pound might help a few companies that export good across the world. Since more people can buy their goods due to pound being weaker.
Pension Funds - Most Pension Funds in the UK buy government bonds since they are very safe investment. The price of a bond is inversely correlated to the yield. So if you bought a 10yr bond with a yield of 4% at 95 and then two days later the yield on the 10yr goes up to about 5% the price of that bond will go down to say about 90. so, you will be making a loss since you bought at 95 and can now only sell at best 90(I am not an economist nor a math head, one thing I know is there is an inverse correlation. I don't remember the exact formula to calculate it). So most pension funds could be facing losses and this is bad for pensioners whose pensions are being managed.
I am not an economist but I did A Level economics. This is my lay man explanation of the markets affected. Bond Markets - The price of yields determine the cost of borrowing(interest rates) the government has to pay back on money it borrows. Yields have been rising recently and this means the high cost of borrowing, which in turn leads to them having to pay higher interest payments. The increased interest payments is bad for the UK since the UK is in a low growth and as such needs money to be invested in public services and other investment to boost growth but this money will be spent on interest payments instead.
Currency Market - The pound has weakened against most of it peers. This makes it difficult for businesses who have operations abroad because its more expensive for them to do business. A weak pound might help a few companies that export good across the world. Since more people can buy their goods due to pound being weaker.
Pension Funds - Most Pension Funds in the UK buy government bonds since they are very safe investment. The price of a bond is inversely correlated to the yield. So if you bought a 10yr bond with a yield of 4% at 95 and then two days later the yield on the 10yr goes up to about 5% the price of that bond will go down to say about 90.(I am not an economist nor a math head, one thing I know is there is an inverse correlation. I don't remember the exact formula to calculate it). So most pension funds could be facing losses and this is bad for pensioners whose pensions are being managed.
The laughing stock of the world
Rachel from retail banking
Worms 🪱
taxpaying indentured wage $laves fund abusive state actors shocker
Remember foreign freeloaders are not being deport which costs UK taxpayer's billions.