Kwasi economics....

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Salty seadog

Senior Member
Have any of our government's supporters popped up to defend this utter shoot show yet?
This venal party are ripping the guts out of the country, making themselves and their donors richer while tanking the economy and making pretty much everyone else poorer, anyone wanna tell us they voted for this?

As long as tories tell us all our ills are from foreign types and vilify immigrants then loads will vote for them thinking all the brown people will go home.
 
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:laugh:
 

Craig the cyclist

Über Member
It will in the car factories of Germany and the luxury goods suppliers of Italy....

Which means that it will trickle down to the car salesmen and suppliers, garages who do the servicing, detailers, petrol stations, Halfords, tyre fitters etc etc. Or do you think that a hedge fund manager will buy direct from Mercedes and send it to Germany for servicing, new tyres and to get the lights pimped?
 

icowden

Squire
This is all you need to know about Kwarteng:-
https://www.independent.co.uk/news/uk/politics/tory-donor-profit-pound-sterling-b2176258.html
“It’s been helpful,” Mr Odey told the Financial Times on his short position on Sterling, while describing his bets against gilts as “the gifts that keep on giving”.
The Tory donor dismissed that idea that he had any kind of trading advantage because Mr Kwarteng previously worked for his firm.
Crispin Odey is worth £825,000,000. His hedge fund is up 145% as a result of Kwarteng's mini budget. He made £220,000,000 from shorting the pound on the Brexit referendum. I'm guessing he's added another hundred million or so this time.
 

Beebo

Guru
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