rashbre central: a different kind of arm waving

Wednesday, 5 October 2022

a different kind of arm waving

I can't see this Growth, Growth, Growth thing that Truss is talking about. 

She copied the Blair 'Education, Education, Education' triplet of 1996, but having just seen that TV show about 'Would you like to be a Prime Minister', it all came across as, well, a bit like something from The Apprentice.

I checked a number. The FTSE. Share prices aggregation, from when Truss took over to now. Its about a 3.39% drop, drop, drop. We're scraping along just over 7,000. No wonder there's a new tranche of US Funds being launched.
Then I tried the GBP to USD. Without the forceful intervention of the Bank of England the GBP would be tanking now. Tank, Tank, Tank. The problem that it creates is that interest rates have moved up and thus the price or mortgages, which has caused almost 1,000 products to be pulled.  Fall, Fall, Fall. The one thing that is growing is the cost of mortgages. Fail, Fail, Fail.

Then there's the trashing of the environmental pledges. The levelling down of the cabinet. The threats to her own party if they don't stay loyal.
Truss can still remember the chants and how to read the autocue. Shame she can't read the numbers.

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