Reply to: Kwazi DOOM

[SueEllen]

FTFY

Do we borrow money from the US in that case and pay it back over 100 years?

[AtW]

Ach we will be on a war footing soon. Then the economy will bomb.

FTFY

[Lost It]

Ach we will be on a war footing soon. Then the economy will boom.

[DealorNoDeal]

With inflation running at 10%, you don't have to cut spending to shrink budgets.

[SueEllen]

No 10 warns government faces 'difficult decisions' about public spending


And here is more from the post-PMQs No 10 briefing.

• Downing Street said that there would still have to be “difficult decisions” about public spending despite Liz Truss saying she was committed to avoiding spending cuts. The PM’s spokesperson said:"

https://www.theguardian.com/politics...08530b6de7718c

No spending cuts for sure, just "difficult decisions about public spending".

I though Tom Newton Dunn was a natural Tory after working for the Telegraph and the Sun?

[AtW]

There'll be no spending cuts, Liz Truss declares to #PMQs. That's it then - she's going to abandon her mini-budget tax cuts. That, or the markets crash spectacularly on Friday.

No 10 warns government faces 'difficult decisions' about public spending


And here is more from the post-PMQs No 10 briefing.

• Downing Street said that there would still have to be “difficult decisions” about public spending despite Liz Truss saying she was committed to avoiding spending cuts. The PM’s spokesperson said:"

https://www.theguardian.com/politics...08530b6de7718c

No spending cuts for sure, just "difficult decisions about public spending".

[DealorNoDeal]

Great Tory Scum Party will leave British savers in a much better place with lovely high interest rates and with pensioners getting record pension boosts!

Savings invested in a tracker bond. ✓
Approaching state retirement age. ✓

Go Tories!

[SueEllen]

Why don’t you knock it off with them negative waves!

Great Tory Scum Party will leave British savers in a much better place with lovely high interest rates and with pensioners getting record pension boosts!

Sorry!


Go Truss! In Liz we Truss!

[AtW]

I think the Tories are going for the scorched earth approach now, completely asset strip all public money into private hands (friends and family), crash the economy, hand over to the IMF bailout and declare a GE ready for Labour to sweep into a completely hollowed out and dead economic prospect.

Why don’t you knock it off with them negative waves!

Great Tory Scum Party will leave British savers in a much better place with lovely high interest rates and with pensioners getting record pension boosts!

[SueEllen]

KamiKwazi is in Washington having meetings with the IMF apparently.

[_V_]

I think the Tories are going for the scorched earth approach now, completely asset strip all public money into private hands (friends and family), crash the economy, hand over to the IMF bailout and declare a GE ready for Labour to sweep into a completely hollowed out and dead economic prospect.

[DoctorStrangelove]

Buddy, can you spare a dime?

Doomed etc.

Never mind. Putin's Global Thermonuclear War will take our minds off it all.

[SueEllen]

Apparently we are having no spending cuts. Truss has just said in PMQs.

https://twitter.com/tnewtondunn/stat...7Ctwgr%5Etweet


There'll be no spending cuts, Liz Truss declares to #PMQs. That's it then - she's going to abandon her mini-budget tax cuts. That, or the markets crash spectacularly on Friday.

[SueEllen]

OBR has reported.


https://twitter.com/roastbeefjohnny/...7Ctwgr%5Etweet

[DealorNoDeal]

I think you've added the second part. From memory it was more like "borrow the money or else the economy will suffer", no plans to pay it back as prime ministers come and go, they can kick the problem down the road until they can find a way to blame another government from the past.

Which is always possible but at a price. If you are perceived as feckless then expect sub-prime interest rates.