Posted on 08/27/2025 6:27:32 AM PDT by delta7
“The Chancellor was warned by leading economists this weekend that her looming tax rises risk a return to the high inflation and borrowing that forced a previous Labour government to borrow billions from the International Monetary Fund (IMF)….”
(Excerpt) Read more at msn.com ...
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A good lesson to the war cheerleaders, no tears.
Let's end NATO. We certainly should not be fighting to defend the UK ruling class who are enemies of freedom in their own country.
https://www.gbnews.com/news/uk-economy-britain-bailout-rachel-reeves-treasury-lord-agnew
“ Britain has been put on “suicide watch” by global investors amid mounting concerns over ballooning public debt, former Treasury minister Lord Agnew has warned.
The Tory peer said the UK risks facing a 1976-style IMF bailout, particularly following recent increases in borrowing costs after Rachel Reeves’s Budget.
Meanwhile, Government bond yields have skyrocketed - and despite a small drop, are still near their highest levels since 1998, disrupting the Chancellor’s spending plans.
“The public markets are saying: ‘You’re on suicide watch, we’re watching you carefully,’” Lord Agnew told The Telegraph.….”
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Why is the EU comitting suicide? A question I have long asked since the start of their war with Russia…..Sanctions on Russia, $$$ Billions of tax payers money wasted, welfare weapons,…..all fine and dandy until other people’s money is exhausted….a very good lesson to be learned by the war cheerleaders.
on the bright side, the UK economy can shrink enough that they can achieve net-zero via demand rather than supply ...
This is a good lesson. For the past decade, Britain has been ruled by a “Conservative” government that did such a poor job that it was wiped out by Labour last year. The rot festered with them. Now Labour is taking bad policies into overdrive and pushing the UK over the economic cliff.
LOL, pretty well, with zero English losses, vs massive Russian graveyards of apc's and tanks in Ukraine.
“It’s important to note that since January of this year, as an example just to give you, on the Russian side, they’ve lost 100,000 soldiers – dead – not injured – dead,” Mark Rubio told reporters after the meeting. “And on the Ukrainian side, the numbers are less but still very significant.”
If we get enough votes in congress, Trump should cancel this bill, then that would bring the Nato nations in line. As it is now, we are in trouble.
If the crazy British or French provoke a war, we might be forced to defend them.
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