| Oh dear, Calamity Reeves is at it again. 12:54 - May 22 with 4206 views | OldFart71 |
Despite taking in an extra 5 billion in tax the Government has managed to borrow the 4th highest since records began. It was expected to be 17.9 bn, but ended up at 20.2 bn. At this rate Labour will bankrupt the country before their five years are up.
Despite the country being taxed at it's highest since after WW2 it is now deemed that Reeves will either have to increase taxes or cut services.
How can Starmer proclaim he is looking into paying more pensioners the winter fuel payment because of the better state of the country.
No it's not in a better state and despite 14 years of Tory mismanagement Labour are even surpassing them in the handling of the economy. |  | | |  |
| Oh dear, Calamity Reeves is at it again. on 14:23 - May 22 with 761 views | bobbyramsey |
| Oh dear, Calamity Reeves is at it again. on 14:20 - May 22 by Bluecoin |
I didn't say it proves anything. Just interesting betting markets. You think Reform being favourites is normal?
It's not. |
A lot can happen in four years, it's just a reaction to labour like the recent elections. It'll blow over soon..... |  | | |
| Oh dear, Calamity Reeves is at it again. on 14:27 - May 22 with 727 views | BlueBadger |
| Oh dear, Calamity Reeves is at it again. on 14:14 - May 22 by Bluecoin |
Bitcoin hit an all time high today.
Pray for me! [Post edited 22 May 14:18]
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Ah, the arse is about to fall out of it again, I see. |  |
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| Oh dear, Calamity Reeves is at it again. on 14:29 - May 22 with 719 views | Blueschev |
| Oh dear, Calamity Reeves is at it again. on 14:20 - May 22 by Bluecoin |
I didn't say it proves anything. Just interesting betting markets. You think Reform being favourites is normal?
It's not. |
It's not unheard of for these grifters to be ahead in the polls. UKIP won the most seats in the 2015 local elections, and look where they are now.
"That says it all" does imply that you think it proves something |  | | |
| Oh dear, Calamity Reeves is at it again. on 14:34 - May 22 with 702 views | Bluecoin |
| Oh dear, Calamity Reeves is at it again. on 14:27 - May 22 by BlueBadger |
Ah, the arse is about to fall out of it again, I see. |
It will come back down for sure. That's the best time to buy more.
Today it pumps. |  | | |
| Oh dear, Calamity Reeves is at it again. on 14:38 - May 22 with 684 views | Bluecoin |
| Oh dear, Calamity Reeves is at it again. on 14:29 - May 22 by Blueschev |
It's not unheard of for these grifters to be ahead in the polls. UKIP won the most seats in the 2015 local elections, and look where they are now.
"That says it all" does imply that you think it proves something |
It proves some people are backing Reform to win the next GE with their hard earned, not Labour. | | | |
| Oh dear, Calamity Reeves is at it again. on 14:41 - May 22 with 668 views | norfsufblue |
Im not as well versed in politics as many of this board appear to be but why does everyone want the Government to fund everything but not Tax anyone or borrow anything...
Genuinely dont understand? |  | | |
| Oh dear, Calamity Reeves is at it again. on 14:50 - May 22 with 620 views | J2BLUE |
| Oh dear, Calamity Reeves is at it again. on 14:20 - May 22 by BlueBadger |
Crypto and Reform have a lot in common.
An obvious grift, peddled at the gullible in order to fleece them of their money. |
Do the gullible include national governments and big investment companies like Blackrock?
Not saying I think Bitcoin is a good bet but our currency is also backed by nothing and Bitcoin is at least limited. |  |
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| Oh dear, Calamity Reeves is at it again. on 15:02 - May 22 with 609 views | bsw72 |
In the interest of fact checking it was not the 4th highest since records began, but 4th highest APRIL figure since records began in 1993. |  | | |
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| Oh dear, Calamity Reeves is at it again. on 15:26 - May 22 with 552 views | Bluecoin |
| Oh dear, Calamity Reeves is at it again. on 14:50 - May 22 by J2BLUE |
Do the gullible include national governments and big investment companies like Blackrock?
Not saying I think Bitcoin is a good bet but our currency is also backed by nothing and Bitcoin is at least limited. |
What do those companies know!?
It's not only a good bet, it's the best bet there has ever been. Ever. | | | |
| Oh dear, Calamity Reeves is at it again. on 15:32 - May 22 with 517 views | SuperKieranMcKenna |
| Oh dear, Calamity Reeves is at it again. on 13:22 - May 22 by Ryorry |
Disastrous choice of Chancellor, ideologically driven, again doing Labour in.
Needed a Darling, got a Truss :( |
She’s not really done anything wrong other than inherit a sh1tshow, and in fairness she’s just enacting government fiscal policy, not dictating it. The problem is we are running so much national debt it’s eating up increasing amounts of government spending. Adding a couple of pc on 0.5% of the top earners is not going to cover even the £20bn ‘black hole’, let alone the >£100bn of annual debt servicing.
It’s also a function of how badly run our economy has been over the last few decades. Germany has built a successful export based economy, with better public services and much lower debt to gdp. The only way forward really is some long term policy to encourage investment and diversify our economy. That and taxes on wealth (not income since that’s not how the genuinely wealthy take their income). | | | |
| Oh dear, Calamity Reeves is at it again. on 15:44 - May 22 with 485 views | Churchman |
| Oh dear, Calamity Reeves is at it again. on 15:32 - May 22 by SuperKieranMcKenna |
She’s not really done anything wrong other than inherit a sh1tshow, and in fairness she’s just enacting government fiscal policy, not dictating it. The problem is we are running so much national debt it’s eating up increasing amounts of government spending. Adding a couple of pc on 0.5% of the top earners is not going to cover even the £20bn ‘black hole’, let alone the >£100bn of annual debt servicing.
It’s also a function of how badly run our economy has been over the last few decades. Germany has built a successful export based economy, with better public services and much lower debt to gdp. The only way forward really is some long term policy to encourage investment and diversify our economy. That and taxes on wealth (not income since that’s not how the genuinely wealthy take their income). |
This article begs to differ:
https://www.taxresearch.org.uk/Blog/2024/12/17/is-it-all-rachel-reeves-fault/
Tbf, it is a viewpoint and I don’t know who the author is, what they stand for or whether or not they are correct. [Post edited 22 May 16:00]
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| Oh dear, Calamity Reeves is at it again. on 15:44 - May 22 with 479 views | NedPlimpton |
| Oh dear, Calamity Reeves is at it again. on 14:14 - May 22 by Bluecoin |
Bitcoin hit an all time high today.
Pray for me! [Post edited 22 May 14:18]
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Erm, no it didn't |  | | |
| Oh dear, Calamity Reeves is at it again. on 15:50 - May 22 with 459 views | blueasfook |
| Oh dear, Calamity Reeves is at it again. on 14:20 - May 22 by BlueBadger |
Crypto and Reform have a lot in common.
An obvious grift, peddled at the gullible in order to fleece them of their money. |
I think all the people who bought Bitcoin for next to nothing and sold it for millions later on would disagree. |  |
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| Oh dear, Calamity Reeves is at it again. on 15:53 - May 22 with 441 views | NedPlimpton |
Fair enough
I have a small amount of bitcoin on coinbase from years ago and on there it looked like January was still higher | | | |
| Oh dear, Calamity Reeves is at it again. on 15:54 - May 22 with 425 views | Bluecoin |
| Oh dear, Calamity Reeves is at it again. on 15:53 - May 22 by NedPlimpton |
Fair enough
I have a small amount of bitcoin on coinbase from years ago and on there it looked like January was still higher |
Then you're in profit!
No hard feelings. | | | |
| Oh dear, Calamity Reeves is at it again. on 16:04 - May 22 with 389 views | NedPlimpton |
| Oh dear, Calamity Reeves is at it again. on 15:54 - May 22 by Bluecoin |
Then you're in profit!
No hard feelings. |
I've been in profit for years. Literally not put any more in since about 2016 | | | |
| Oh dear, Calamity Reeves is at it again. on 16:07 - May 22 with 383 views | SuperKieranMcKenna |
Yeah that’s populist nonsense. | | | |
| Oh dear, Calamity Reeves is at it again. on 16:17 - May 22 with 360 views | Bluecoin |
| Oh dear, Calamity Reeves is at it again. on 16:04 - May 22 by NedPlimpton |
I've been in profit for years. Literally not put any more in since about 2016 |
Don't be so miserable then bro! You enjoyed 2017. You've done very well! | | | |
| Oh dear, Calamity Reeves is at it again. on 16:19 - May 22 with 348 views | SuperKieranMcKenna |
Right, but the markets are reacting to higher than expected borrowing - which is presumably the point of the thread (since she’s being criticised in the press for driving the FTSE down and scaring the bond market).. But both of those articles are proposing MORE borrowing… | | | |
| Oh dear, Calamity Reeves is at it again. on 16:25 - May 22 with 329 views | Leaky |
| Oh dear, Calamity Reeves is at it again. on 13:06 - May 22 by BlueBadger |
You think this is fun, wait until Chairman Nige gets in an implements a Truss-style plan. |
Can he worse asking for a freind |  | | |
| Oh dear, Calamity Reeves is at it again. on 16:32 - May 22 with 319 views | Leaky |
| Oh dear, Calamity Reeves is at it again. on 13:50 - May 22 by Guthrum |
Couple of billion is peanuts in national government al terms. About 0.15% of annual expenditure. Equivalent of someone on an average £37.5k salary borrowing an extra £60. |
All very well borrowing £60 on a £37.5k salary, however do it every year & only ever paying the interest, your soon in the brown stuff. | | | |
| Oh dear, Calamity Reeves is at it again. on 16:35 - May 22 with 313 views | Bluecoin |
| Oh dear, Calamity Reeves is at it again. on 15:50 - May 22 by blueasfook |
I think all the people who bought Bitcoin for next to nothing and sold it for millions later on would disagree. |
It was a terrible pyramid scam set up by nazis. | | | |
| Oh dear, Calamity Reeves is at it again. on 16:35 - May 22 with 305 views | Blueschev |
| Oh dear, Calamity Reeves is at it again. on 16:25 - May 22 by Leaky |
Can he worse asking for a freind |
If he ever got in to government it would be far, far worse than we've ever experienced in this country. Farage leaches off people's fears without offering any positive alternatives to the status quo. He never gives details of what he'd do, only who / what he doesn't like. | | | |
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