International Liz Truss resigns as PM of Britain

[A Lurker]

Besides supporting a tax cut, what was conservative about her?

her tax cuts crashed the pound, the bond and gilt markets. There is nothing conservative about that.

 

[jimbob27]

The 'Conservatives' are CINO and there is no right-wing party in the UK. These are objective facts.

II don't think you understand how political spectrums work. If you're judging everywhere on a global basis there's no right wing in America either. Real right wingers force their women to wear bin bags and blow themselves up for allah. Any country that hasn't banned stringed instruments is leftist.

 

[avenue94]

The 'Conservatives' are CINO and there is no right-wing party in the UK. These are objective facts.

And yet you can't name your platonic ideal of a conservative party? Are there no conservative parties on planet earth in 2022?

 

[skysolo]

 

[curryjunkie]

Just because they call themselves 'Conservatives' that doesn't make them conservative. They're CINO.



There is no right-wing in the UK.

 

[idrankyourbeer]

Liz Truss lasted 45 days. New Coke lasted 79 days.

 

[SandisLL]

her tax cuts crashed the pound, the bond and gilt markets. There is nothing conservative about that.

It wasn't she.
Minister of Finances and Minister of Economics doesn't exist and doesn't have rights to get salaries?
Like board of BoEf...Bank of England...

Aren't they getting salaries?

Maybe NO?

And yeah, without interest rates rising GBP will be parity with USD during next 12 months.
While another possible measure is to rise minimal liquidity requirements for banks.
And then we will see 2008 again.

 

[A Lurker]

It wasn't she.
Minister of Finances and Minister of Economics doesn't exist and doesn't have rights to get salaries?
Like board of BoEf...Bank of England...

Aren't they getting salaries?

Maybe NO?

And yeah, without interest rates rising GBP will be parity with USD during next 12 months.
While another possible measure is to rise minimal liquidity requirements for banks.
And then we will see 2008 again.

I can’t understand a lick of what you type sometimes buddy, but you hate Russia, so I’ve got nothing but love for ya

 

[ThaiSexPills]

I wish other leaders would step down when they screw up. What a joke but I mean, props to her for recognizing what a shitty leader she was I guess?

 

[aunshi189]

"Im a fighter, not a quitter" . Less than a day later she becomes the shortest serving prime minister ever.

To the death Keir

 

[Natural Order]

Well, IMHO not she is quilty.
If MoF and co are idiots.....

When shit had started?
They told that might attempt to get economy better if will reduce tax very rich ppl should pay.
And had told that expenses on pensions and social expenses are too high. LOL, U.K and " too high " pensions or benefits? It is joke?
Ofc private funds are different conversation.....


So investors didn't had trusted this perspective will increase GDP etc....
And had sold a lot.
___
Of course GBP is fiat currency ( based just on promise as reemdem tender ).....
As all FIAT currencies....

GBP doesn't have fixed peg to some other valuables.
So technically we can't de iure call it as devaluation if exchange rate will drop.

While in reality it is stuff as de facto devaluation.
GBP currently is devalued and heavily devalued.....
If we should add this to current inflation then...inflation will be even more harsh....higher than now.

To some extent this might be corrected by rising key interest rates....
While this might induce....nice recession....


So better to resign and let other ppl to answer question.

While imho she had little impact here....
Long ago " nice " ppl had worked : finances, economists etc....

@Drunken Meat Fist, is this an alt of yours mate?

 

[SandisLL]

I can’t understand a lick of what you type sometimes buddy, but you hate Russia, so I’ve got nothing but love for ya

Why you can't understand simple things.
It isn't english lecture buddy and I think for example Albania is better place to live than U.K and will be. Always.
Like this.


Ministers of Finances and Economics and Central Bank's board ?

You might not answer.
Your holy country even had failed to sell 100 manpads batch to NATO country cos were too cocky.
And U.K citizens in U.K in reality better should start to learn their owners in future languages
....not to be english grammar nazis.
Will not help.

English grammar nazis are idiots thinking that anglo saxonian hegemony is mandatory.
This isn't and this already had died and is history.
Get this.

 

[aries]

Man, all this news in the UK really makes me happy we don’t have their system. Seems like it allows too much volatility in direction and little long term focus in policy goals. I attribute more of that to a parliamentary system than a multiparty system in this case but it just seems like crap.

I think it is ridiculous that we can have one PM kicked out for being completely bereft of morals and another for destroying our economy in just 44 days and then the serving party get's another go to vote in a PM. You lose 2 PM's and it should automatically trigger a general election.

 

[aries]

We've had 12 years of these clowns and I hear some Tory voters saying 'Bring back Boris. He did a good job on Brexit.....' There is seriously no hope with people like this being allowed to vote.

 

[The_Renaissance]

I think it is ridiculous that we can have one PM kicked out for being completely bereft of morals and another for destroying our economy in just 44 days and then the serving party get's another go to vote in a PM. You lose 2 PM's and it should automatically trigger a general election.

Fully agree. Labour will win by default. Nothing will change. Its an illusion. All of our politicians are wealthy pigs feeding from the same trough. Newsflash - if you're a politician with ambition you are wealthy. The working class will always come second to your peers and donors. Parties don't matter.

People said Jeremy Corbyn was different and I voted for Corbyn. But in hindsight and now he's a 6th form Che Guevara champagne socialist and he'd never have wanted to be the PM who drew lockdown on longer and harder for "virtue" purposes and tank the country and lose his job. He'd have done things SLIGHTLY differently. Nothing more.

 

[Goonerview]

The 'Conservatives' are CINO and there is no right-wing party in the UK. These are objective facts.

This.

The Conservative party are really no different than Labour at this point. Have been for a long time. The UK is run by the woke uni-party.

People on here (and other forums) acting like Truss was Thatcher 2.0 … lol, not even close.

 

[Damien Karras]

That's the best you can come up with? Sad!

Yeah I think you need to freshen up and try again.

 

[Phisher]

 

[Tatra]

Yeah I think you need to freshen up and try again.

You're just repeating yourself.

 

[JadeOwl]