Truss should have met with an A-Level Economics teacher so she at least has a basic understanding of the things she’ll talk about with the head of the OBR…
@@stuartcunningham7666 To be fair she does in fact have an economics related degree from Oxford. It's just disappointing to see that she hasn't really learnt anything there. Perhaps Oxford isn't all they claim they are!
I am fortunate enough to not need any help. I don’t need £400 for my energy, or a subsidised bill down to around £2.5k. She’s WASTING public money on help that just isn’t needed. She needs to help those that need help, of course, but NOT EVERYONE. I don’t think she understands the strong sense of British empathy and fairness, and what she is doing is just plain WRONG.
I have lived in the uk for 60 years and one of the most constient phrases I have heard. WE MUST CUT PUBLIC SPENDING. BALANCING THE COUNTRY'S BOOKS. 60 YEARS NEVER SUCCEEDED.
It’s not that the phrase is incorrect it’s that the targets of it are the wrong ones leading to poorer insufficient public services. As the middle expanded under Thatcher, and prior under propagandist consumer advertising, attacking them became harder as you’d forfeit any chance of gaining power. Perhaps we need to change the individualistic mindset of free market capitalism to one of a responsible society to ease the demand on public services by ensuring the population doesn’t see them as a given to fall back on when they’ve ruined their lives. I’d like to see more private health use rather than more prestige cars on the road.
The blatant belief in the superiority of the rich and powerful is being flagrantly displayed in the policies and behaviour of successive PMs in recent years. The passing of the baton suggests what looks like incompetence feels more like disdain. There has been an open lack of consideration for the elderly who we were advised to leave lonely and unattended during lockdown. The everyday working person stands to be crushed by inflation, The marginalised have been told to shut up or put up and every attempt made to stifle unions, protests and other outlets that seek to shed light or resist. Fear and anxiety stands to wipe out any strugglers if cold and starvation do not. Darwinian style “survival of the richest’ for sure.
it is clearly a sign of desperation. It is incredible that Kwarteng proceeded with uncosted, unanalysed borrowing-fuelled tax cut spree, without the OBR forecast- it says it all.
They have done nothing but show signs of desperation since the budget. And policies created quickly out of desperation just create more problems. The gilt buy back was meant to calm the markets. Instead it devalued the second hand value of gilts overnight. Pension funds that hold gilts lost £65bn in asset values, So in a mad panic they gave them £65bn from the emergency fund,
I speculate that the Chancellor plans to eradicate many tax loopholes thereby gaining public approval for ending legalised tax dodging which has been a scourge even though it supports legions of accountants and lawyers. It’s hardly a gamble given the domestic UK market for those companies, and individuals, who won’t pull out, as the financial sector did.
The Bank of England were WRONG. We are NOT in recession like they said we'd be, because our economy GREW by 0.2% this month. More bullsh1t from the globalist establishment.
I don't think there are many highly intelligent people in the World right now.Look at the global response of governments to the Covid pandemic, and global leaders and their countries reliance on cheap energy from Russia.
They're meeting because the chancellor is a lame duck and is being instructed by the PM what to do, so OBR is meeting the PM to explain the issues directly since the chancellor has no power.
Liz is like an arsonist telling everyone else in her government to put out the fires. Why ask her departments to find savings, when she is throwing money at me, and other similarly fortunate to pay for our energy bills? Help out those in need of course, but what a MASSIVE WASTE of public money it is to think she needs to help literally everybody.
We’ve kicked ourselves to the curb. But those that voted for it and enabled these right wing whack jobs won’t ever take responsibility for their actions. The young will despise the older generations for evermore.
The gall of these politicians to act like they own our money. We should be reducing taxes, and decreasing spending. We can't just keep taking more when the budget is mismanaged.
No …overnight. Gilts are the final stage in funding pensions. They are sold on the second hand gilt market for cash. The gilt buyback announced the previous day devalued pension fund holdings of gilts by £65bn They where unable to fund their pension commitments,
@@johnrussell3961 no the BOE started buying gilts to protect DB pension schemes from unsustainable margin calls.. At one point there were no buyers of guilts, so BOE had to step in otherwise some pension funds were going to collapse.
@@m_b4. No…if the buyback back was the solution there would have been no need to give them £65bn from the emergency fund. The buyback was the problem. It devalued gilts in the second hand Market overnight,
Things are gonna get tough....but these changes had to be made .....in order to turn the economy around....nothing is normal anymore and it's the whole world over...pandemic, ..lockdown furlough...war....energy crisis...gas lines being blown up....instability everywhere.
Lizard Truss and the tory party have stopped us going into another recession by fiddling the books from the start of the year 🤣 the British political and banking system is corrupt to the core
Love how they keep asking were the goverment cuts coming from well not from the 1% so that leaves poor workers and people on benefits and by benefits most of the workers are claiming because wages are so low the only growth under the tories as been the food bank
It takes a special kind of person to handle political and economic systems. If those in power get it wrong it can result in misery for the general public.
Why? On his very best day in office he barely attained the level of f*cking useless and it was downhill from there. 8 Years of austerity to reduce the National Debt resulted in the National Debt growing from 32% of GDP to 51% of GDP.
We are in the worst crisis since WW2 of cause the government are trying to do their best it is no easy task despite what people say who stand on the sidelines.
Defiantly or *definitely* ? Why can right wing people not string a written sentence together? Is there something about The Sun and The Daily Mail that attracts utterly dense, illiterate people?
Despite the economic downturn, I'm having the best time of my life financially. Earning over $83k in the last 2months with an investment of $19,000. Money can be made even in a bear market. Make the most of it.
Most people do not know that trading is the best step to growing more income and generate wealth. I realized this after I came across Mrs Angelia Maria Brown trading platform, My financial life has completely changed all thanks to Mrs Angelia Maria Brown awesome trading strategies!!!
In my opinion Liz Truss has showed leadership by doing the right thing by cutting taxes and putting the pounds back in peoples pockets Liz Truss should be congratulated
2 simple rules for life;
No.1 - Never trust a tory
No.2 - Never forget rule number 1
Never trust anyone
As Mr Miagi said in 1984; 1) Never trust a Tory, 2) First, learn rule number 1 !
Truss should have met with an A-Level Economics teacher so she at least has a basic understanding of the things she’ll talk about with the head of the OBR…
GCSE level would work better 🫢
Her dad is a Mathematics professor 🙄
@@stuartcunningham7666 To be fair she does in fact have an economics related degree from Oxford. It's just disappointing to see that she hasn't really learnt anything there. Perhaps Oxford isn't all they claim they are!
She gets stuck for words all the time & she a Prime minister it's cringe to watch!!!
After the meeting they will go to the bookies and put the health budget on a 100/1 horse
She’s probably friends with the race organisers and can have the result fixed- best idea she’ll ever come up with 😂
your being too kind to them, a 3 legged rocking horse would be more their style.
Effectively taking money from vulnerable people to give money to the rich in the middle of a cost of living crisis.
The cost of living crisis is created by taking money from the people and giving it to the rich who own shares in BP and Shell.
What?
I am fortunate enough to not need any help. I don’t need £400 for my energy, or a subsidised bill down to around £2.5k. She’s WASTING public money on help that just isn’t needed. She needs to help those that need help, of course, but NOT EVERYONE.
I don’t think she understands the strong sense of British empathy and fairness, and what she is doing is just plain WRONG.
Lunatics running the asylum.
@@ianh3365 my thoughts too.
Truss and her cabal of right wing cronies need to go
the City of London Crown Corporation Crime Syndicate is global
I have lived in the uk for
60 years and one of the most constient phrases I have heard.
WE MUST CUT PUBLIC SPENDING.
BALANCING THE COUNTRY'S BOOKS.
60 YEARS NEVER SUCCEEDED.
they say the definition of insanity is doing the same thing over and over again, expecting a different result each time.
It’s not that the phrase is incorrect it’s that the targets of it are the wrong ones leading to poorer insufficient public services. As the middle expanded under Thatcher, and prior under propagandist consumer advertising, attacking them became harder as you’d forfeit any chance of gaining power. Perhaps we need to change the individualistic mindset of free market capitalism to one of a responsible society to ease the demand on public services by ensuring the population doesn’t see them as a given to fall back on when they’ve ruined their lives. I’d like to see more private health use rather than more prestige cars on the road.
The blatant belief in the superiority of the rich and powerful is being flagrantly displayed in the policies and behaviour of successive PMs in recent years. The passing of the baton suggests what looks like incompetence feels more like disdain.
There has been an open lack of consideration for the elderly who we were advised to leave lonely and unattended during lockdown. The everyday working person stands to be crushed by inflation, The marginalised have been told to shut up or put up and every attempt made to stifle unions, protests and other outlets that seek to shed light or resist.
Fear and anxiety stands to wipe out any strugglers if cold and starvation do not.
Darwinian style “survival of the richest’ for sure.
it is clearly a sign of desperation. It is incredible that Kwarteng proceeded with uncosted, unanalysed borrowing-fuelled tax cut spree, without the OBR forecast- it says it all.
They have done nothing but show signs of desperation since the budget. And policies created quickly out of desperation just create more problems.
The gilt buy back was meant to calm the markets. Instead it devalued the second hand value of gilts overnight.
Pension funds that hold gilts lost £65bn in asset values,
So in a mad panic they gave them £65bn from the emergency fund,
Didn't the @bbc not ask how it was going to be funded? Thought it was a standard question? 🤔
The more inexplicable the measure, the greater the volatility of the market response. Just sayin.
I speculate that the Chancellor plans to eradicate many tax loopholes thereby gaining public approval for ending legalised tax dodging which has been a scourge even though it supports legions of accountants and lawyers. It’s hardly a gamble given the domestic UK market for those companies, and individuals, who won’t pull out, as the financial sector did.
The Bank of England were WRONG. We are NOT in recession like they said we'd be, because our economy GREW by 0.2% this month. More bullsh1t from the globalist establishment.
No government has the publics best intrests at heart.
Say it louder for people in the back 🎤📢
Credibility failure
Truss
Should be removed from office for gross irresponsibility and negligence of duty.
We have many highly intelligent people in the UK. It is just a pity that none of them are in the current Government.
Sadly we also have quite a few million, low-IQ, impressionable, gullible Sun and Daily Mail readers.
I don't think there are many highly intelligent people in the World right now.Look at the global response of governments to the Covid pandemic, and global leaders and their countries reliance on cheap energy from Russia.
How can it be independent if it’s influenced by the PM?
'free markets' lol
Trussnomics,like taking meds and not knowing what the side effects are!
But the markets do know what the side effects are. That’s why they devalued the £.
The incompetents we have in control couldn`t manage a corner shop let alone a government.
They're meeting because the chancellor is a lame duck and is being instructed by the PM what to do, so OBR is meeting the PM to explain the issues directly since the chancellor has no power.
A chancellor with a history degree.
Has a source at number 10 revealed that Truss has visited 'Mystic Meg' for a tea leaf reading ?
Liz is like an arsonist telling everyone else in her government to put out the fires.
Why ask her departments to find savings, when she is throwing money at me, and other similarly fortunate to pay for our energy bills?
Help out those in need of course, but what a MASSIVE WASTE of public money it is to think she needs to help literally everybody.
I dont think nobody noticed the strong and stable doors were rotting as they were installed... Bolting the door is removing the PM and front bench.
Trying the idiotic trickle down nonsense will kick Britain to the curb
We’ve kicked ourselves to the curb. But those that voted for it and enabled these right wing whack jobs won’t ever take responsibility for their actions. The young will despise the older generations for evermore.
I was thinking about that too
feed the rich ..drain the poor .conservative showing true .taxi for government Tories out . .
trickle down pi$$ takers
The gall of these politicians to act like they own our money. We should be reducing taxes, and decreasing spending. We can't just keep taking more when the budget is mismanaged.
She had to meet them, so she can fiddle the books.
Bit late now. Should have met them before she cooked up her insane mini budget with her economic expert kwarteng who has a degree in history...
We need a general election ASAP
I Intend to feel bad for people, who through no fault of their own, look like serial killers.
Ummm it's uhhhh. Uhhhhh uhhhhh ummmm and uhhhhhh .ummmm ahhhhhh ahhhhhh ummmmm. Wow where did this guy learn how to speak in English ?
Ummmm uhhh. Eton? Ahhhhh ummmm.
@@knietiefimdispo2458 . Eton ? must have some outstanding Teacher's 🤣🤣🤣🤣
Have my pension pots dropped 50% in value, or not , in 7 days ?
No …overnight. Gilts are the final stage in funding pensions. They are sold on the second hand gilt market for cash.
The gilt buyback announced the previous day devalued pension fund holdings of gilts by £65bn
They where unable to fund their pension commitments,
@@johnrussell3961 no the BOE started buying gilts to protect DB pension schemes from unsustainable margin calls.. At one point there were no buyers of guilts, so BOE had to step in otherwise some pension funds were going to collapse.
@@m_b4. No…if the buyback back was the solution there would have been no need to give them £65bn from the emergency fund.
The buyback was the problem.
It devalued gilts in the second hand Market overnight,
Things are gonna get tough....but these changes had to be made .....in order to turn the economy around....nothing is normal anymore and it's the whole world over...pandemic, ..lockdown furlough...war....energy crisis...gas lines being blown up....instability everywhere.
@@philly9872 .Global markets judge each country on how it deals with such issues.
And they think we are bonkers,
And its 23 secs ago !!
Send Kwarteng back to study at Stanford and Liz Truss at MIT(US)...after completion let them tackle the British economy
Average joe doesn’t know what OBR is would have been good to explain instead of Google
All they needed to do was slash V.A.T. That would have benefitted ALL.
Lizard Truss and the tory party have stopped us going into another recession by fiddling the books from the start of the year 🤣 the British political and banking system is corrupt to the core
Cool 😎
Shy news needs to talk about Ecosia they are a search engine that plants trees
lol
Eat the rich
cover it with gas & set it on fire
Digital £ loading…
liz truss = save me, not the country
Love how they keep asking were the goverment cuts coming from well not from the 1% so that leaves poor workers and people on benefits and by benefits most of the workers are claiming because wages are so low the only growth under the tories as been the food bank
It takes a special kind of person to handle political and economic systems. If those in power get it wrong it can result in misery for the general public.
Strange the pounds now rallied the Bank of England has stepped back ,I watch Australian sky iam British but they are not extreme leftwing like our Sky
Bring back David Cameron...
Why? On his very best day in office he barely attained the level of f*cking useless and it was downhill from there. 8 Years of austerity to reduce the National Debt resulted in the National Debt growing from 32% of GDP to 51% of GDP.
The Tories are finished.
They are taking us with them first. The UK is finished,
Sell two white elephant aircraft carriers, must be worth about 15 billion.
Why remove comments on the Molly Russel videos? Censorship eh, ban everything eh, no personally responsibility eh
So, Crazy Counting and Miss Trussed have a problem : how to lie to the OBR. Fun times.
We are in the worst crisis since WW2 of cause the government are trying to do their best it is no easy task despite what people say who stand on the sidelines.
Hmmm, don't know, the Teletubbies getting axed was possibly worse, at least for Tories.
E
Sausage
9th
Seems quite reasonable. No problem.
We should most defiantly reduce government spending. This man is a lefty.
Defiantly or *definitely* ? Why can right wing people not string a written sentence together? Is there something about The Sun and The Daily Mail that attracts utterly dense, illiterate people?
We have most of the world come here,
Problem is ,it pushes down wages and puts strain on public services
^^^ Read it in the Daily Mail, and weak-minded enough to believe it.
Despite the economic downturn, I'm having the best time of my life financially. Earning over $83k in the last 2months with an investment of $19,000. Money can be made even in a bear market. Make the most of it.
Most people do not know that trading is the best step to growing more income and generate wealth. I realized this after I came across Mrs Angelia Maria Brown trading platform, My financial life has completely changed all thanks to Mrs Angelia Maria Brown awesome trading strategies!!!
My uncle from Louisiana made over $ 3.7million USD directly to his portfolio and same as my other family members who started trading with Mrs Angelia
yeah most people don't know that trading is another way to generate wealth ..
I will leave her number just below this comment 👎👎
WhatsApp>>> Messenger 👆🏻👆🏻👆🏻
Uncertain times globally
Yes. So it’s a stupid time to create more uncertainty in your country. The markets are twitchy and desperately looking for safe havens,
That is true. Strange how the UK is the only G20 country to have its Central Bank intervene to rescue it economy.
@@rishispewcack5745 . Straight after a national budget.
@@rishispewcack5745 Japan chins US even Germany are or will be intervening
@@rishispewcack5745 it's about to happen to all central banks
Second
🤩👆🏼turno✌️✌️💚🇧🇷🇧🇷🇧🇷🇧🇷
Deus pátria família liberdade.
Bolsonaro o melhor presidente do Brasil e do mundo inteiro!🙏🏻
Vote Conservative. Keep Ew Labour out and prevent a return to the 70s. 🤢🤢🤮🤮
In my opinion Liz Truss has showed leadership by doing the right thing by cutting taxes and putting the pounds back in peoples pockets Liz Truss should be congratulated
Good luck with that opinion. Shall we take a vote ? Let’s call it a general election.
Pound also currently known as Zimbabwean dollar
By attacking Russia that caused gas prices to quadruple.
Yes, by enriching the super-rich while destroying the economy and driving millions into poverty.
Poor grammar, reflects lazy thinking, reflecting shallow ideas of the Tory troll.
Investment is the key and its the right thing for us to do if we want to secure our future Maskoffweb is the best platform ever