Step 5, Watch the collapse of virtually all private pensions in the UK as their value drops due to heavy investment in various water companies.
Overstated I would say, pensions are heavily diversified.
Step 6, Watch the gilt markets collapse as the UK government is seen as reckless and anti business as it removes assets from private investors.
If the government continues paying interest on the bonds, why would the markets collapse?
I do love the picture they chose for her.
Well of course they do. She’s too left wing for Keir’s right wing party.
She's not that left in my view, maybe I just missed it but I've never seen her advocating for actual important left wing issues.
So I asked copilot, which issues does diane abbot advocate for, and it's basically just social justice stuff. Which is important, don't get me wrong but the biggest social justice issue is wealth inequality and class which she barely talks about.
I don't see any evidence that she's advocated for some other system but neo liberal capitalism, just friendlier to women and minorities.
Even then she's managed to put her foot in it over and over as well as outright racist comments that she's made.
So to be honest, as a leftie, I hope they keep her and any left wing alternative stays away. She's nothing but a liability and in all honesty she needs to just retire and fuck off. She's 71, she's too old, got no ideas and when you get down to it. she's racist herself.
Let Labour keep her, please.
I'm in favour of this, however it's only a fraction of what needs to be done to overhaul our voting system. We need to get rid of FPTP and reform the lords.
It's mad isn't it, what use is it fining them anyway, they will just make the customers pay and still pay out their dividends and bonuses.
Should just be nationalising no questions asked no compensation given.
We should tax the accountants out of existence as well.
Make it more profitable to work for United Republic Inland Revenue.
It's really sad, they will never admit they got it wrong some of them.
I know one person who changed his mind within days of the result so it does happen, he felt lied to on the 350mil for the NHS thing.
From what I understand, they really fucked around the court and lied about it which is why the sentence is harsh. If they had just admitted it, they probably would have got a suspended sentence.
Has he changed his mind at all or is he sticking with it to the end?
Just having fun with it, if you want to know what I think about it. I don't think he should be hosted or welcomed at all, and I'm also very much a republican.
okay.... spoil my fun :)
We don't need 'foreign investment', it's nothing but a euphemism for allowing foreigners to own our shit. Doesn't matter if it's government debt or houses, it causes inflation and it's just selling our futures.
Fuck foreign investment, might as well just print it ourselves or just take it from those that already have far too much.
Enough of letting finance spivs dictate how shit goes in my opinion.
If we let them win, we lose, if we fight them they will mess with 'the market' and generate as much FUD as they can but it's the only weapon they have and we need to take it off them, one way or another.