Fernando
@nando2go
human (he/him) | politics | tech
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𝕃𝕠𝕒𝕕𝕚𝕟𝕘… 🎮 █▒▒▒▒▒▒▒▒▒ Welcome to MadWorld, fellow Survivors! 🌍💥
Not our fault they say: £2.6 trillion debt now vs £0.9 trillion in 2010 £0.4 trillion attributable to covid (if we write it all off) £0.8 trillion in deficit spend. Can anyone explain where the other £0.5 trillion has gone? Whilst the population of this country are poorer…
We learned a lot about the policy of the government and the Bank of England when it came to inflation yesterday. Above all, we learned that they really want to frighten people into accepting lower standards of living. Economic warfare on the country has begun. A thread….
We face a cost-of-living crisis created by events outside the UK triggering rates of inflation that many in this country have never witnessed before. In the face of these rising prices the Bank of England has increased the price of money itself. This is bizarre. A thread……
Well after the disaster ours last 13 years anything would be an improvement
PM pledges to half inflation rate which he quadrupled, cut NHS waiting lists which Tories increased 3000 fold, grow the economy he put in recession, cut the record deficits & debt he created, & end small boat immigration that barely existed in 2010.
A great game on Polygon will lead to mass adoption A great game on Solana will lead to the same mass adoption It's no different than gamers playing PS5, Xbox, and PC They have their respective infrastructure to cross-play Fortnite with each other.
Grimsby voted 69.9% to Leave the EU:
Landmark Grimsby seafood factory closing after losses of £8 million - The company chief executive said: “We believe in the future and that we are well-positioned in our key markets with well-run value-added operations in Europe” - In Europe! #Brexit grimsbytelegraph.co.uk/news/grimsby-n…
🙏 Asking you once again to dig deep to help former Government Ministers who have been kicked out of the Cabinet.
🇬🇧 UK Prime Minister recruitment ad.
The UK's recent disastrous "mini" Budget can trace its origins back to Britain's decision to leave the European Union. The economic costs of Brexit were masked by the pandemic and the Ukraine crisis. But six years after the vote, the Brexit effect is clear youtu.be/wO2lWmgEK1Y
youtube.com
YouTube
The Brexit effect: how leaving the EU hit the UK | FT Film
I have been thinking. Maybe the collapse of Truss's voodoo budget is even more important than people realise? "But it is huge!", you cry, "biggest story since the fall of Boris!" Yup - I think it may be bigger than that. Way bigger. Here is what I am thinking... 1/
#EnoughlsEnough #GeneralElection bookmark this stunning, seriously, listen to this fantastic summary & shocking to think this is, *actually*, where we are as a country now we are adrift at sea, without a compass, under sky so dark we can't even direct ourselves via the stars!
🙏 Asking you once again to dig deep to help former Government Ministers who have been kicked out of the Cabinet.
The government has lost control of the economy. It’s going to mean higher mortgages and higher prices. And what for? Unfunded tax cuts for the one per cent. They must recall parliament today and abandon this act of economic self-harm.
So for instance, take 1980. Back then, official BoE interest rates were on average 14.2%. But because people were much less heavily indebted, because their incomes were much higher vs their repayments, that was, in affordability terms, EQUIVALENT to 3% in today’s interest rates.
There is much talk happening on how to solve the so-called cost-of-living crisis. Most of it fails to recognise that the problem is much bigger than that: the whole economy is in meltdown. None seems to address the cost of energy itself. A thread on the last, vital, point….
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