Craig 6287 Posted September 28, 2022 Share Posted September 28, 2022 BoE have announced they're 'stepping in to buy government bonds on whatever scale is necessary' in order to stabalise the market. In other words the government can't be fucking trusted with the economy. 1 Link to comment Share on other sites More sharing options...
Rayvin 4949 Posted September 28, 2022 Share Posted September 28, 2022 34 minutes ago, PaddockLad said: Kwarteng is an exceedingly clever man, his PHD thesis was published as a book and is apparently ,as quite a few very learned people have commented, very good.He’s one of these that us blue collar proles often encounter in the work place though . He’s got the common sense of a fuckin park bench. It would also appear his chain is being completely yanked by the ERG. And they’re the opposite of clever, they’re ideological zealots. He’s probably in thrall to them because of the aforementioned lack of common sense While in full agreement of the overall thrust of this point, I would like to note that being published is a requirement for PhDs in most places and certainly very normal. It seems to have been published by Cambridge themselves which is again, fairly normal. It does however mean that no commercial publisher that I can see picked it up, and so I would expect that it was published as a formality once they determined to grant him his degree. As such, being published as a book here isn't noteworthy in terms of how academically poignant the work is (although the PhD itself would be). I note that the PhD is about the debasement of currency in the 1600s. Maybe that's where he's planning to take us back to. 5 1 Link to comment Share on other sites More sharing options...
Isegrim 8868 Posted September 28, 2022 Share Posted September 28, 2022 He did swear at University Challenge though. 1 Link to comment Share on other sites More sharing options...
Monkeys Fist 38559 Posted September 28, 2022 Share Posted September 28, 2022 Gotta love a bit of medieval debasement tbf. Link to comment Share on other sites More sharing options...
RobinRobin 9163 Posted September 28, 2022 Share Posted September 28, 2022 2 minutes ago, Monkeys Fist said: Gotta love a bit of medieval debasement tbf. Any excuse 🙂 Link to comment Share on other sites More sharing options...
Monkeys Fist 38559 Posted September 28, 2022 Share Posted September 28, 2022 1 Link to comment Share on other sites More sharing options...
RobinRobin 9163 Posted September 28, 2022 Share Posted September 28, 2022 1 Link to comment Share on other sites More sharing options...
PaddockLad 14527 Posted September 28, 2022 Share Posted September 28, 2022 Let me get this right…the UKs central bank have intervened to protect the UKs citizens from the consequences of the actions of the UKs government?…. 🤔 1 5 Link to comment Share on other sites More sharing options...
Craig 6287 Posted September 28, 2022 Share Posted September 28, 2022 1 minute ago, PaddockLad said: Let me get this right…the UKs central bank have intervened to protect the UKs citizens from the consequences of the actions of the UKs government?…. 🤔 Bingo. And if that's not a sign of the sheer incompetence of those in government, I don't know what is. Somehow the right-wing media will spin it to be Starmer's fault though. Link to comment Share on other sites More sharing options...
PaddockLad 14527 Posted September 28, 2022 Share Posted September 28, 2022 1 Link to comment Share on other sites More sharing options...
Craig 6287 Posted September 28, 2022 Share Posted September 28, 2022 Link to comment Share on other sites More sharing options...
Craig 6287 Posted September 28, 2022 Share Posted September 28, 2022 Pound has fallen again since the BoE announcement. SNP & Lib Dems both calling for an urgent recall of parliament. Link to comment Share on other sites More sharing options...
PaddockLad 14527 Posted September 28, 2022 Share Posted September 28, 2022 Tory party conference next week 🤣🤣🤣🤣🤣😆🤣 Link to comment Share on other sites More sharing options...
Renton 17619 Posted September 28, 2022 Share Posted September 28, 2022 4 minutes ago, PaddockLad said: Tory party conference next week 🤣🤣🤣🤣🤣😆🤣 Yeah, that's why I don't want a recall. I'm genuinely looking forwards to LIz "PORK MARKETS!" Truss's maiden PM speech. 1 Link to comment Share on other sites More sharing options...
Rayvin 4949 Posted September 28, 2022 Share Posted September 28, 2022 https://www.theguardian.com/money/2022/sep/28/uk-house-prices-predicted-fall-mortgage-interest-rate House prices predicted to drop 10%. That would be a silver lining for me if I could actually get anyone to give me a mortgage - but since I'm self employed I rather imagine that I'll be priced out by considerations other than actual house price. Link to comment Share on other sites More sharing options...
Ayatollah Hermione 12736 Posted September 28, 2022 Share Posted September 28, 2022 That’s the only silver lining I can find and it’s a purely selfish point of view. Me and my lass should be able to knock some money out of a house but I can’t imagine we’ll be able to heat it or fill it with food but still Link to comment Share on other sites More sharing options...
Monkeys Fist 38559 Posted September 28, 2022 Share Posted September 28, 2022 47 minutes ago, Craig said: Somehow the right-wing media will spin it to be Starmer's fault though. Starmer has a BANK ACCOUNT! 3 Link to comment Share on other sites More sharing options...
Renton 17619 Posted September 28, 2022 Share Posted September 28, 2022 1 hour ago, Rayvin said: While in full agreement of the overall thrust of this point, I would like to note that being published is a requirement for PhDs in most places and certainly very normal. It seems to have been published by Cambridge themselves which is again, fairly normal. It does however mean that no commercial publisher that I can see picked it up, and so I would expect that it was published as a formality once they determined to grant him his degree. As such, being published as a book here isn't noteworthy in terms of how academically poignant the work is (although the PhD itself would be). I note that the PhD is about the debasement of currency in the 1600s. Maybe that's where he's planning to take us back to. There's no requirement for publication following a PhD, but it is normally and I'd go so far to say its expected, especially if the person is staying in academia. In science though it will be a paper in a journal, not a book. Brittania Unchained is utter drivel, and Kwrteng (and Truss) are both co-authors, so he doesn't impress me. It is a mystery to me though. A lot of this tory intake have excellent qualifications on paper, but appear to be thick as pigshit. Something is going wrong at Oxbridge. 1 Link to comment Share on other sites More sharing options...
Renton 17619 Posted September 28, 2022 Share Posted September 28, 2022 5 minutes ago, Rayvin said: https://www.theguardian.com/money/2022/sep/28/uk-house-prices-predicted-fall-mortgage-interest-rate House prices predicted to drop 10%. That would be a silver lining for me if I could actually get anyone to give me a mortgage - but since I'm self employed I rather imagine that I'll be priced out by considerations other than actual house price. Hate to piss on your chips but with interest rates rocketing your affordability criteria will fundamentally wipe out any drops in price. I expect a lot of distressed properties to be mopped up at auction by cash rich tory buy-to-let landlords. Might even be part of the plan. 1 Link to comment Share on other sites More sharing options...
ewerk 26173 Posted September 28, 2022 Share Posted September 28, 2022 4 Link to comment Share on other sites More sharing options...
Renton 17619 Posted September 28, 2022 Share Posted September 28, 2022 Just now, ewerk said: I would definitely go with the biggest smirk ever on my face. Guess might not be a great look for his future leadership campaign though. Link to comment Share on other sites More sharing options...
Meenzer 13967 Posted September 28, 2022 Share Posted September 28, 2022 I like Rayner even though she's a bit of a plonker, but I especially like how much she's enjoying this. 3 Link to comment Share on other sites More sharing options...
ewerk 26173 Posted September 28, 2022 Share Posted September 28, 2022 Since all this started happening has anyone seen that woman? Y'know the one who is supposed to be running the country? Link to comment Share on other sites More sharing options...
Renton 17619 Posted September 28, 2022 Share Posted September 28, 2022 It's so much an open goal though isn't it? Talking of pork markets specifically, you references the hundreds of thousands of pigs that had to be slaughtered and cremated because of Brexit. 1 Link to comment Share on other sites More sharing options...
Howmanheyman 26606 Posted September 28, 2022 Share Posted September 28, 2022 3 Link to comment Share on other sites More sharing options...
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