| Banks were too big to fail but we're not...no QE or bailouts for us. 23:52 - Mar 17 with 5142 views | BanksterDebtSlave |
https://www.theguardian.com/society/2025/mar/17/keir-starmer-to-unveil-drastic-d
'Reeves defended her approach on Monday. “When we’re spending £100bn a year on servicing government debt, I don’t think anyone could seriously argue that we don’t need to get a grip on government borrowing and government debt,” '
We're all debt slaves now and the cage and chains are getting shorter again. |  |
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| Banks were too big to fail but we're not...no QE or bailouts for us. on 21:00 - Mar 18 with 542 views | BanksterDebtSlave |
| Banks were too big to fail but we're not...no QE or bailouts for us. on 20:57 - Mar 18 by DJR |
You'd be surprised. The commenters have been fairly (and in my view too) supportive of Starmer's government, many Corbynistas probably having deserted it.
But these cuts have been overwhelmingly criticised by commenters, and by columnists. [Post edited 18 Mar 20:59]
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Well now I'm interested in Mr Lowhouse's view as the voice of common sense that he is? | |
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| Banks were too big to fail but we're not...no QE or bailouts for us. on 08:53 - Mar 19 with 418 views | portmanking |
| Banks were too big to fail but we're not...no QE or bailouts for us. on 20:27 - Mar 18 by Swansea_Blue |
No chance. They’re not going to let go. I don’t know where that leaves us though. |
It'll leave us with Universal Basic Income and the "you'll own nothing and be happy" era.
The swift emergence of AI has laid the groundwork for this.
There's also a major 2008-style crisis looming in America in the private equity sector, which hardly anyone is talking about. Many companies owned by private equities (even ones generating big profits) are failing because they are being leveraged by adjustable rate loans, which have sky-rocketed in the last 3 years. It's a crisis that could be far bigger than the subprime mortgage issue in 2008, affecting industries and businesses across all levels of society. [Post edited 19 Mar 8:55]
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| Banks were too big to fail but we're not...no QE or bailouts for us. on 10:15 - Mar 19 with 381 views | DJR |
This (from John Crace's Parliamentary sketch in the Guardian) made me laugh.
Kendall wasn’t short of outriders. Keir Starmer and Rachel Reeves may also have been there to make sure Liz had no last-minute wobbles and missed out the bits about the cuts. Wes Streeting was revelling in his newfound role as enforcer. Wes has never yet met a scrounger with anxiety and depression whom he couldn’t shout at and bully back into work. |  | | |
| Banks were too big to fail but we're not...no QE or bailouts for us. on 10:38 - Mar 19 with 355 views | lowhouseblue |
| Banks were too big to fail but we're not...no QE or bailouts for us. on 21:00 - Mar 18 by BanksterDebtSlave |
Well now I'm interested in Mr Lowhouse's view as the voice of common sense that he is? |
well now, i don't have experience of how pip operates. but in a different setting i have seen, over a very long period, how the thinking about predominantly lower level mental health / well being amongst young people has evolved. i don't have the slightest doubt that, in the last two decades, the point at which we apply diagnostic / medicalised descriptions within that bit of the range has shifted significantly downwards. at the same time awareness / self diagnosis of various conditions has exploded, with a very strong tendency for professionals then to affirm reported / google-led experience. within that range we now attach diagnostic labels and recognise disability where we would never have done in the past. so on the basis of that experience, i think streeting's identification of a 'crisis of over-diagnosis' rings true to me. doubtless this will be read as something i haven't said, but that's how these things work. |  |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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