I saw a homeless person today and I decided I had to help them out somehow. So I went to the richest part of town and pushed few hundred quid through the letterbox of the most expensive house I could find, so that money would “trickle down” to the homeless person I saw earlier on today. This is and has always been Tory policy.

@nigelsmith3719

Жыл бұрын

That's their trickle UP policy. They're a bunch of thieves. Since they have taken as much as they can, that the BOE has to print 64 billion, they are now doing everything to lose the next election, and leave to Labour to do the dirty work. The Tories empty the treasury, and Labour has to enter a period of austerity, taking money from the poor to refill the treasury.

@jeffsterling2809

Жыл бұрын

You're a saint

@SA-ff9uc

Жыл бұрын

Nobody is homeless because of economic conditions they are homeless because of addiction/mental illnesses.

@FreeManFreeThought

Жыл бұрын

@@SA-ff9uc Tell that to the lady living in her van on our street because rent it higher than her monthly pension. Moron.

@HShango

Жыл бұрын

Love the sarcasm.

Farmer Truss and Kwasi the farm hand were leaning on the fence looking at the turkeys in their field. "They are looking very thin" observed Kwasi and added "it's a shame they will all be gone by Christmas". "I know" said farmer Truss" but it's their own fault, they voted for Christmas". "But some of them look so thin they won't even make it to Christmas" said Kwasi. Farmer Truss thought for a while "I have the answer" she said. "Let's go and feed the pigs!"

@dalegamburg8995

Жыл бұрын

Where is Orwelle...wen we need him,...nice analogy

@dalegamburg8995

Жыл бұрын

I'm not against fat people.. against rich fat people while we starve

@faizanrana2998

Жыл бұрын

WERE THEY WHIPPING KWASI?

@iainmunro438

Жыл бұрын

Brilliant analogy and Crispin Odey was the fattest 🐷

@danielleisabellabanyard9968

Жыл бұрын

👏 👍

It’s ok to say she is simply out of her depth

@Mr---mr4ll

Жыл бұрын

aptly put

@binitamin4727

Жыл бұрын

KK is also out of his depth...

@dean8282

Жыл бұрын

That would be standing in a puddle

@Mr---mr4ll

Жыл бұрын

@@binitamin4727 kk?

@binitamin4727

Жыл бұрын

@@Mr---mr4ll Kwasi K, the chancellor

It's even making Boris look professional.

@john9030

Жыл бұрын

Lol

@joysboy6588

Жыл бұрын

wow, just wow because you never thought it could get any worst and you're right!!!!

@mikehutchison4892

Жыл бұрын

No,he’s still a lying,corrupt and incompetent buffoon,it’s just that they are worse.Doesn’t it make you proud to tell people that you’re English.Let’s fly a flag !

@edwardbrady5843

Жыл бұрын

Got brexit done 😆 🤣 😂 really?

@KS-zj2rq

Жыл бұрын

probably need a bring back boris campaign tp save them

Well done Liz for buggering it all up in record time.

@californiadreamin8423

Жыл бұрын

I see you are Conservative voter. You’ve done a first rate job of screwing the country over the last 12 years. Enjoy your 17 hour wait in A&E when you need your lobotomy, and your winter fuel bill, and your inflation at 12%.

@jjefferyworboys8138

Жыл бұрын

If you think it's solely due to tax cuts you are very naive.

@jakobraahauge7299

Жыл бұрын

She's very effective!

@bt3743

Жыл бұрын

@@jjefferyworboys8138 Your right, its because of the last 12 years of tory economic policy

@petercook4070

Жыл бұрын

Well said Mark. I nominate you as Poet Laureate

"Did you discuss this budget with your Cabinet members?" "No....it was a decision the Chancellor made". So, not only was it not discussed with her most trusted colleagues, apparently the Chancellor is telling the Prime Minister what to do. Or was the pause just Thick Lizzy's cogs whirring, before throwing Kwamikazi Kwarteng under the bus.

@colinbrigham8253

Жыл бұрын

Nailed it,bacķk stab kwazi, save herself.

@wilkinlow

Жыл бұрын

There is no way they didn’t discuss it by themselves since it’s the first policy they enact since she came into office, it’s one of the most important thing to do as a new PM. he’s just a scapegoat

@blackbeard6423

Жыл бұрын

It was most definitely UNDER A BUS.

@jimmyobenson

Жыл бұрын

She definitely threw the Chancellor under the bus, not surprised though. Birds of the same feathers....

@michaelclifford6468

Жыл бұрын

She's set him up. She will drop the top rate tax issue and blame him and throw him under the bus. It's a gamble but they are in such a mess she has to go for it.

If you want to be gaslit, talk to a Tory MP.

Economic insanity...and they know it.... It's embarrassing listening them attempting to explain it and support it.

@serinadelmar6012

Жыл бұрын

Exactly.

@avit24

Жыл бұрын

Money talks! And Any explanation of justification is easy because of the benefit of the action.

@malfy8369

Жыл бұрын

Reminds me of in the thick of it.

@geo_neo9

Жыл бұрын

All part of the bigger agenda. Do the research using an independent browser.

@peterg6344

Жыл бұрын

History proves the tax cuts will INCREASE revenues. Gove voted for Rishi so no surprise he criticises Liz.

Thank you Tories for making me and my wife (who are working class/worked hard all our lifes) even poorer, we're struggling as it is and we don't have any spare money, quality of life is poor for western standards but we're greatful we have a roof over our heads - we don't want to loose our home, which has gone up nearly "one and a half THOUSAND " a year, on top of inflation and the price hike on energy bills. I hope the Rich enjoy thier extra cash 💸 Good luck everyone who is on "universal credit" I know its scary living in uncertainty. I'll keep you in my prayers 🙏 ❤️

@nicolaiqbal6823

Жыл бұрын

Thank you for keeping everyone in your prayers despite your hard situation.

@peterg6344

Жыл бұрын

You don't read the papers, clearly, otherwise you would know the countries around the world have the same high interest rates - many are worse. I had a mortgage of 15% interest which is far worse than today. This is not a UK specific problem. Nor has this new government caused it.

@passenger3

Жыл бұрын

@@peterg6344 you didn't read my comment, clearly.! Otherwise "you" would know I never isolated it to my current governing body of the UK, neither would I accept you to understand the difference in ethics between the two factions of our government. Have a nice day sir and I hope you continue to stay well 🙏

@passenger3

Жыл бұрын

@@nicolaiqbal6823 blessing Nicola 🙌 🙏 💖

@anonnymous4684

Жыл бұрын

@@peterg6344Notwithstanding the macro-economic situation, it IS true that this mini-budget had an immediate effect on the markets which, as stated in the report, led to the swift withdrawal of hundreds of mortgage products. It's also likely that the BoE will now have to go much further and faster than it would otherwise have done. So yes, people are rightly blaming the government.

Who gave them the line"I don't accept that premise"? Seem like their reality is whatever they need it to be lol

@jakobraahauge7299

Жыл бұрын

Need? Whatever the LIKE it to be

@peterg6344

Жыл бұрын

I think they "don;t accept " the line because the journalist has posed a cynical or incorrect comment as fact, when it is only an opinion. Most complainers have been pro-EU or people who voted for Rishi - fact check this and you;ll see I'm right.

@TheLightningeater

Жыл бұрын

@@peterg6344 Just seems like double think to me. We need to have high wages and growth, but also cut public services. So are nurses and drs not worth a high wage? I don't care for most politicians, I just think Truss is the economic version of euthanasia.

@Marshmobilise

Жыл бұрын

@@peterg6344 you’re absolutely deluded mate. Get a grip on reality.

C4 Interviews are so much better than the softball dross you get at the BBC and ITV. Krishnan knows his stuff and doesn't care if politicians don't like him. Good man 👍. You are exactly what we need!

@mickmaphari6606

Жыл бұрын

Exactly why the Tories wanna sell it off!

@HShango

Жыл бұрын

Agreed, I like C4 doing their thing, sky news not so much and the BBC embraces kuenssberg 🤮 and well....itv that is a crapshow there.

@peterg6344

Жыл бұрын

Actually you should listen to GB News to get a non-left wing view of the Budget proposals for a BALANCED view..

@mickmaphari6606

Жыл бұрын

@@peterg6344 GB News is a shitshow and a travesty of journalism, even they don't believe in what they're saying ...

@michaelrch

Жыл бұрын

@@peterg6344 GB News isn't news. It's pure unadulterated propaganda. The Economist and FT are actual journalism from a centre-right economic standpoint and they both think these policies are disastrous.

Jesus Christ, remember the times of David Cameron? those times seemed better, which is a very scary thing to say

In other words, if the rich are a bit richer, there's more chance they might feel like throwing a few crumbs to the peasants!

Thick Lizzy will be the shortest PM at the rate things are going, if backbencher Tory MPs vote down her mini-budget then its game over.

@poo934

Жыл бұрын

Would love for that to happen but I just can't see it, Tory MPs know if they take down Truss a GE has to happen and they'd all lose their seats and their careers would be toast, and I think they're too self-serving to do what's best for everyone.

@michaellawrence7570

Жыл бұрын

It's game over anyway haha

@jeffsterling2809

Жыл бұрын

Praying we get an early general election if that happens

@garydixon4290

Жыл бұрын

They won't vote them down

@SA-ff9uc

Жыл бұрын

5ft 5 ¼, shorter than both Thatcher and Churchill and only 3/4 of an inch shorter than May who I always thought was tall.

They're finished and they know it.

@billlarner7977

Жыл бұрын

Your right and what have we to look forward to the yeah but no but yeah but no looney labour party who could not run a bath

@acolli777

Жыл бұрын

@@billlarner7977 Tories crashed the economy quicker than it takes to run a bath

Truss is taking us for fools and actually thinks we cannot see what is going on. We see you Liz Truss.

@dean8282

Жыл бұрын

185000 Conservative party members put in in the job. That is all we need to know about Tory judgement.

@mmalam8148

Жыл бұрын

@@dean8282 🤔 how

It's embrasshing watching Malthouse getting fact checked in real time.

@peterg6344

Жыл бұрын

Kit Malthouse robustly defended against the cynical questions, and he was right. The new policies are better than Rishi's, and history PROVES it. Read it up and see. As Kit said, she is delivering on what she promised to do - which until now was a RARE thing.

@Alcaza1977

Жыл бұрын

@@peterg6344 how in fact are those policies benefitting the country , mortgages rates going up , Sterling getting hammered . Malthouse does not even give direct answers. Sunak told Trus that more borrowing would just drive up inflation even more.

@martinvickers7349

Жыл бұрын

@@peterg6344 absolute nonsense

@acolli777

Жыл бұрын

@@peterg6344 BS trickle down economics has never worked

@MrDeadhead1952

Жыл бұрын

@@peterg6344 What planet are you on, how are policies which nearly crash the pension market and cost 65 billion to protect, push interest rate higher and massively increase mortgage costs better than Rishi's? Who I might point out organised the largest public expenditure up till now funded by borrowing without the markets adversely reacting whereas Truss and her Chancellor only have to suggest a policy to crash the pound and markets. All to cap it al;l she has just made a 180 degree u-turn. All this proves is that Truss is politically incompetent and has no business being Primeminister.

I need a wealthy person to trickle on me.

@alanmoss3603

Жыл бұрын

I think Donald Trump might oblige you! But this time get the pee-pee tape!

@terrymardi9773

Жыл бұрын

…Prince Andrew?

@MichaelPetersFenwicks

Жыл бұрын

🤣🤣

I luv the interviewer, he is so blunt, informative, and to the point on ur face questions. Keep up the good work from the USA.

@james6901

Жыл бұрын

Journalism like that dont exist in the states....liable to be shot

@james6901

Жыл бұрын

ps we have much tougher journalists than this guy ..thank god

@suemarshall6185

Жыл бұрын

He ignores the answers, and changes topic. Arrogant man

@Tymbus

Жыл бұрын

I watch CNN, MSNBC and PBS to get news from America, I have to say their interviewers really waffle on often talking longer that the person they are interviewing!

@drunkensailor112

Жыл бұрын

@@Tymbus American journalism is a joke.

She has been in government for 10+ years in some position, but still she hasn’t learnt that before bringing a major policy change there has to be ground work and preparations to be done. How easily can she get away saying “I take this as a lesson and do better next time”, how can one learn things on the job when your job is that of being the PM!

@drbbdr

Жыл бұрын

I agree that was pathetic.

@patrickokeeffe539

Жыл бұрын

Yes was thinking the same thing.

The Tories are finished. It was a budget for the rich by the rich.

@jjefferyworboys8138

Жыл бұрын

Im a basic rate tax payer and Im getting a tax cut and Im buying a property and will pay £2500 less stamp duty. Its a budget for me to !

@leethrelfalllt

Жыл бұрын

@@jjefferyworboys8138 well that makes everything ok then.....😆😆😜😆😆🤣🤣

"grow the economy" just means to increase corporate profits and pay workers even less

@aclark903

Жыл бұрын

It doesn't though. CEOs may be focused on that, Liz is not.

@nerdy_dav

Жыл бұрын

@@aclark903 Then why not give low wage earners the tax break?

@aclark903

Жыл бұрын

@@nerdy_dav She has.

@acolli777

Жыл бұрын

@@aclark903 £167 whoop dee doo!

@aclark903

Жыл бұрын

@@acolli777 You are free to vote her out in '24.

"Everyone's forecasting interest rate growth but we haven't necessarily seen that yet" "Yes we have" "Well we've seen some"

First & LAST Conference as Leader .

@Madame702

Жыл бұрын

It seem more like a "Wake" if you ask me.

Swapping Johnson for Truss is the equivalent of changing your shirt after you’ve just soiled your pants

Kit's body language says it all. I am surprised that he held on dodging the questions for so long. His eyes were looking for an exit each time.

this government is unraveling - now even BBC are talking about the Tufton St racket C4 ?

Time to get rid of this overprivileged Eton elite for good

@jjefferyworboys8138

Жыл бұрын

You do know the Shadow Chancellor went to Cambridge.

"It was a deicision the chancellor made". Throwing Kwasi under the bus at the first opportunity lol

@geofo60

Жыл бұрын

Yeah, nuffin to do wiv me John, it was him over there.

@willlawrence8756

Жыл бұрын

@@geofo60 she and Boris would look great at a dressed up cucumber bashing 'punch and judy' show, kiosk outside No 11 then put them in the stocks and we can all have a go. Soon.

@leethrelfalllt

Жыл бұрын

@@geofo60 🤣🤣🤣😂😂🤣🤣

Kwasi is laughing at us just like at the Queen’s funeral.

Krishna is a great interviewer. Love Channel 4. 👍😊🇮🇪🇬🇧

@mauranolan843

Жыл бұрын

He is such a good interviewer ❤️ but asking dimwit Kit to answer questions truthfully well that’s impossible.

@donstravelsandrants.

Жыл бұрын

Agreed 👍😊

Here we go again . . . defending the indefensible

I see the thumbnail with "Can Tories rally behind ITS economic policies" next to Truss' face and I think "she's bad at her job, but to call her IT?" and then I think they're correct

@JT-si6bl

Жыл бұрын

Are all MPs artificial persons, that is to say: a corporate identity?

@verandisoldusty6834

Жыл бұрын

If IBS stands for irritable bowel syndrome does ITS stand for irritable Truss syndrome? Also, IT = Information Technology, I think shes more like MT = Misinformation Technology. 🤷

@HShango

Жыл бұрын

@@verandisoldusty6834 🤣🤣🤣 I'm with you on that one

come on tories get rid of her

@melgrant7404

Жыл бұрын

Let's get rid of the tories as well

Great interviewing at the end of this video 👏👏👏

Watching tories becoming such a laughing stock is so satisfying... 😍😍😍

@jjefferyworboys8138

Жыл бұрын

Watching Labour sitting back and doing nothing is normal.

@dean8282

Жыл бұрын

It's so funny. We have a Tory councillor she promised opening the railway station. This week they stopped the bus service. Thanks Miriam lol

@Neil-qg9cw

Жыл бұрын

@@jjefferyworboys8138 Yeah cause the opposition has so much power. Don't worry, when the Tories get crushed in the GE we'll see how little they do for the next few years :)

@billlarner7977

Жыл бұрын

Wait to you see the labour party 😂😂😂

@DilanPerera1

Жыл бұрын

@@dean8282 They are all bonkers 😂

Who has really been carrying her through her work life? To be able to get where she is.

@julianshepherd2038

Жыл бұрын

The Tory owned media

@drunkensailor112

Жыл бұрын

@hanSOLO I would even kick my dog off of her.

What I love about this situation is, that we now see a lot of Tories coming out and say „well, we MUST do this, because our economy was in a bad place before…“ Ahm, excuse me, dear Tories… Who has been in charge of the country for more than a decade now? I mean, I agree, Liz Truss has been left with a mess to clean up (although, she‘s making it worse…) but who did she inhered this mess from, dear Tories?

@peterg6344

Жыл бұрын

You're right. Liz described previous policies as "managed decline" and she's right. That cannot be an acceptable standard or objective, and Liz & Kwasi are implementing the changes to fix that.

@JohnSmall314

Жыл бұрын

@@peterg6344 "nd Liz & Kwasi are implementing the changes to fix that." Only gullible fools believe the changes are going to fix things. There is zero evidence that giving more money to rich people helps to grow the economy. No respectable economist thinks that, because the evidence is strongly against the idea. It's elementary common sense. Give more money to a rich person it'll be stashed away or spent on some frippery. Give money to a poor person and it immediately gets used to buy essential goods and services.

@WhichDoctor1

Жыл бұрын

The issue for the last 12 years has been that corporate profits have been growing healthily, the wealth of the richest has been ballooning, and none of that money have been finding its way back into investment or higher wages. That’s why productivity has been stagnant and ordinary people saw the biggest fall in living standards since the napoleonic war even before the “cost of living crisis” started. The rich and big corporations have been doing better and better year on year for a decade. Why would adding slightly more money to their already overstuffed bank accounts have a different effect now to when Boris and May and Cameron did it? When you see that what you’ve been doing for the last 12 years hasn’t helped, what kind of person decides that the solution is to keep doing the same, only harder?

@rick-sr9nq

Жыл бұрын

@@peterg6344 How do you feel about it today?

This is the Tories “ Jimmy Savile moment “ the world finally sees them for what they are , what they’ve done ,the Abuse and destruction they’ve caused .

@jjefferyworboys8138

Жыл бұрын

Did they cause a Pandemic or insist that Putin invaded Ukraine ? The UK's problem is a simple one, it has too much debt and that is what has unnerved the markets. Unfunded tax cuts were simply the straw that broke the camels back.

@mattybbw533

Жыл бұрын

To be fair, Jimmy at least did a lot of good charity work

@stephenhill545

Жыл бұрын

Hopefully, people will realise before she dies.

They could rally behind her if they want to face years in the wilderness.

@leethrelfalllt

Жыл бұрын

They are now destined for years in the wilderness.....wondering were if all went wrong..🤔🤔🤔😄😄😄

@SA-ff9uc

Жыл бұрын

At least they wouldn't have to look at her face.

More like a crisis intervention than a conference

She threw kamikaze kwasi under the bus

@nathanleigh3486

Жыл бұрын

kamikaze kwasi :) love it....

@marcusmurray5440

Жыл бұрын

Brexit bus

@BigGol

Жыл бұрын

*Kwarti Kuntsack

@Bluelady777

Жыл бұрын

She sure did, nooo wasn’t me it was kamikaze he did it !

@KneelBeforeZod.

Жыл бұрын

It's KamiKwasi

Liz needs to resign

@jjefferyworboys8138

Жыл бұрын

Best reason not too.

The UK in conducting a "special financial operation".

Tories is going down with the Titanic

It's hard to have a strong economy when the UK has gone from being the 4th largest exporter in the world (2015- pre-Brexit) to I think 11th this year, behind Mexico. But Brexit wasn't even mentioned - the pandemic was cos that covers up the damage Brexit has done and is doing.

@ScottishRoss27

Жыл бұрын

In 2021 UK as a whole had a massive trade deficit in goods, Scotland was the only country to achieve a surplus in trade of goods at £2,2 Billion

@Then.72

Жыл бұрын

Don’t mix up Brexit with a useless government

@7th.trumpet

Жыл бұрын

You lost..get over it !! 🥱

@julianshepherd2038

Жыл бұрын

We are 4/5 a service economy. Scotland makes from pensions and insurance so counting goods under estimates by a long way

@benghiskahn3673

Жыл бұрын

@@yosserc I would say it all started with the 2008 financial crisis. That crisis blew a huge hole in public finances and allowed the Conservatives to sell the line that the Labour party had destroyed the country's economy. This was very effective and got David Cameron into No10. Once in number 10, Cameron, Osbourne and Clegg embarked on a huge austerity program which led to a fall in growth, fall in household incomes and reductions in essential services. These factors were then blamed on the EU and EU migrants which paved the way for the EU referendum. You know the rest but my view is that it all really started with 2008.

In liz we are dust

How could we as a country expect anything more from this woman?

Lay the ground better by releasing the OBR report asap

@kevinhayes7830

Жыл бұрын

They want the economy to crash That's the reason disaster capitalists backed brexit so heavily this is simply the best strategy playing out they are economic vultures 😎👍

I agree having a strong economy does help, but the way they're executing such a shabby plan, makes our economic plan look absolutely sh!te. Tories know that businesses refuse to pay a £15 living wage for all across the board, we shouldn't be accepting anything less.

@craigthebrute6385

Жыл бұрын

Considering doctors start at £14/hr, a £15/hr minimum wage is never gonna happen.

@SlowhandGreg

Жыл бұрын

Supply Side Economics doesn't produce a strong economy we currently have Supply Side Corporate Inflation on inelastic World commodities (essential energy and food) we are currently doing nothing to change that in fact current government policy is causing a contraction in UK food production and doubling down on gas. if by some miracle you got growth it would increase energy demand and our electricity market for some reason price wise is geared to the wholesale price of gas ca7sing more inflation which the BOE will treat by raising interest rates.

@HShango

Жыл бұрын

@@SlowhandGreg true, you're right

@HShango

Жыл бұрын

@@craigthebrute6385 it doesn't hurt to try, never say never you don't know the future let alone where the economy could be at in the next 5 to 10 years.

@craigthebrute6385

Жыл бұрын

@@HShango we kind of do know the future- we have a baby boomer cohort retiring= increased demand on healthcare & pensions, and a shrinking workforce.

2:14 "It was a decision that the chancellor made." She just threw him under the bus. The knives are out.

Obvious that Kit Malthouse knows full well there is no answer to how people will handle mortgage costs. Tories are screwed.

@kwanman5146

Жыл бұрын

Remember him. Vote him out at the next general election. He was useless at Communities and Local Government department and as a housing minister. Utterly useless

Studying economics should be a prerequisite to becoming an mp

@natenae8635

Жыл бұрын

Nah perhaps becoming chancellor however

@steampunkskunk3638

Жыл бұрын

Kwasi Kwarteng has a PHD in economic history. He is supposedly an "expert" on what economic policies worked and did not work through history.... And he rolled out this???

@thomashogan1985

Жыл бұрын

@@steampunkskunk3638 he has a PhD in economic history of the recoinage of 1675. Probably explains why his policies are so out of date

We are and have been conned simple

@bereal6590

Жыл бұрын

👏👏👏👏👏👏👏👏👏👏👍✋👊

Is it just me or does she always looks like she’s about to burst out laughing

"Trickle Down Effect"..some what indistinguishable from being pissed on!

They can blame who or whatever they like but bottom line the banks withdrew hundreds of mortgage products as a direct result of her actions.

Kit Malthouse was tying himself into knots trying to justify the lunatic measures- his bouncing on his heels was dizzying.

@leethrelfalllt

Жыл бұрын

🤣😂🤣😂😆🤣😂

I didn't think it was possible but, I'm sure I could smell bullsh*t coming through my screen while Malthouse was talking!

Brilliant Video

The week the 'nasty party' fell on it's own cruel sword?

Embarrassing actions and crippling results. The Tory party marches on regardless 🙄

THE HIGH BIRD !

Did KIt Malthouse blame the Queen's Death as a reason why Liz Truss did not think about "laying the ground"???? What a brave SOB! Then again extreme stupidity is mistaken for bravery and when it comes to politicians, there's only mistaken bravery.

Tories, changing deck chairs on their Titanic.

Liz Truss and Kwasi Kwarteng are about as popular as Holly Willoughby and Phillip Schofield.These two double acts should swap notes!

What complete shambles.

"go for broke" bad choice of words.

Once again its our fault for not realising this is what she said she would do. Did anyone hear this? They have NO mandate to do any of this. Malthouse the liar. Get them out. They have had more than enough time.

It's staggering how little people (inc. Politicians apparently) understand about how money is created by Govt's! The Govt. does not need to borrow it's own money, it created it all in the first place. Govt. deficit spending is simply the money that the Govt. creates and puts into the economy but does not tax back out. Without Govt. deficit spending there would be no money in the economy! And by Govt. I mean issuers of their own sovereign, fiat currency and their licensed Agents i.e. Banks, Financial Institutions etc.

@ratbe9435

Жыл бұрын

Whatever the government is printing needs to be trusted to hold its value through rareity or assets in order to be able to buy things from overseas or even from the country's own people.

Ohhhh so it's the ground laying that was the issue, I see now

She’s got to go , end of story

I would've thought the Tories would cut their losses and stop screwing their reputation in to the gutter.

@ianmuir3640

Жыл бұрын

No let them they are doing a great job for Scottish Independence

Roughly 175,000 grass root Tory members. Majority voted for Truss. They has a choice, a competent man who steered UK as chancellor in the most severe and difficult times during Covid period, very successfully. He did warn of "fairytale Policymaking" of Truss. Question is - How could the White middle class grassroot Tories, ever let a nonwhite person of Indian origin hold the highest office in the UK. This woman will demolish the UK economy, if not removed very quickly from the highest office

@jjefferyworboys8138

Жыл бұрын

The irony is that the mini budget is criticised because its seen as benefiting the rich and yet the public would now prefer to see a very rich man as PM !

@badbones777

Жыл бұрын

It's just a (sad) matter of how much damage she does (and anyone who may or may not replace her) in the next couple of years..

Most unflattering camera angle! Well done C 4!

3:24 - "Sir" Gavin Williamson. Let that sink in for a minute. He knows where the bodies are buried. No other explanation.

These clowns are on another planet.. Mortgage rates are up NOW.. not next April. Planet 1%.

@jjefferyworboys8138

Жыл бұрын

Interest rates have been artificially too low for too long. Base rate should be at least 5%.

@w3155ach

Жыл бұрын

@@jjefferyworboys8138 Market rate, ie. Interest rates that lenders will lend to you is currently WAY higher than base rate. It's higher than you would face if you were an American business, where the base rate has risen faster. A significant part of this at present is due to lack of confidence in the UK government fiscal plan working for your business/household.. Remember it is the market that lends you money, not the Bank of England. They can charge you whatever interest rate they feel like. This is based on how likely they think you (or people/businesses of your 'risk profile') are to default on your loan. So in short i don't wholly buy into your line of thought.

It's a Wake

Did she whisper to Kwazi …..you’re fired!!

@AngeloBetrulas

Жыл бұрын

A good guess, but I think it's more like, "You're f*cked!" 😉

Absolutely ridiculous, they should listen to themselves.

What can we do to prevent incompetent people from being put in a position to make decisions for which they are clearly not qualified. Clearly a significant section of the business world, financiers and economists would have advised against this move. Why do we not have a system whereby those whose profession it is to understand the dynamics of the economy are given the responsibility of managing it.

@jjefferyworboys8138

Жыл бұрын

If you think that the sole reason is tax cuts you are very naive. The UK has too much debt, that is what has unnerved the markets.

@dean8282

Жыл бұрын

Because the Tories and financers couldn't cash in! They have made a fortune betting the pound would sink.

@kenreeve6549

Жыл бұрын

close Eaton down !

I think the Tories owe it to the country to stand down. I respect Michael Gove, I never thought ID say those words. Just for once can they put the country first for a change.

@mickmaphari6606

Жыл бұрын

It's only that he's a bit miffed little liz gave him the heave ho!

she’s finished

When the King is runned by a politician lol!!

@drunkensailor112

Жыл бұрын

Ran...

How much does Malthouse care about your kids education? Let's see... Just about as much as Coffey care about nurses, doctors and your health

The problem lies in the fact that nobody is ever fully satisfied with their governments. However, the main problem lies in the fact that every government takes advantage of this fact therefore we are doomed to realing in our dissatisfaction as though we don't know what's good for ourselves. Brexit (why was this even a conversation to begin with), Liz Truss, mini budget. We're not as stupid as they make us out to be. This needs to stop.

@AP-qd9il

Жыл бұрын

Clearly as more than 50% people voted for Brexit your premise isn’t entirely correct!

@MrNevstar01

Жыл бұрын

@@AP-qd9il I see your point, and maybe you're right - I'm not "entirely" correct, but Brexit was proven to have used a lot of disinformation, not to mention appealing to the nationalists (who clearly outnumber those who aren't, in any society and not just the UK), including people who saw it as an opportunity but 1. Had no idea what opportunities it actually presented and 2. Again, the disinformation which furthered their misinformed voting, leading to a wider fan base of the Leave movement. Again, why was it even a conversation to begin with? It divided the nation, dropped the pound by at least 30pc when first announced, and continues to have devastating effects on the economy, trust in the pound, and SMEs with European suppliers. Further public spend cuts were announced yesterday, with the NHS being at the centre of that, yet a further 350million or some emotive number was touted to be put towards the NHS by leaving the EU. That discussion shouldn't have been brought to the table.

Keep talking truth to power. The truth hurts.

No one else is........

POISON IVY LIZ MUST GO

Her interview with Kuenssberg made it incredibly obvious that she knows the additional rate tax cut was a bad move. Every time she was confronted on it, she responded by saying that the support for energy bills was necessary and that they "needed to do something". Clearly this has nothing to do with the idiotic decision to scrap the 45% rate.

@jjefferyworboys8138

Жыл бұрын

The Energy price cap will cost 3 times as much as the tax cuts though. Obviously you don't want all tax cuts to go, just the one for high rate tax payers. It was Labour who increased the rate to 45%.

@sb_dunk

Жыл бұрын

@@jjefferyworboys8138 So? That's like saying "I'm hard up and my yearly shopping bill costs more than this sword I want to buy, therefore I can justify buying the sword". Energy support is _needed_ otherwise people will really struggle to get through the winter. I think people earning £150k+ are already doing ok. Tax cuts at the top end are not needed. Nobody is able to explain how these cuts will encourage growth apart from saying "it's obvious". Well, it's not, not even to many seasoned economists.

@emm_arr

Жыл бұрын

@@sb_dunk This "jeffery" is one janky troll!

@peterg6344

Жыл бұрын

Did you know that the new top rate of tax is the same rate that Tony Blair's government had? Blair was happy to limit the max tax to 40% so why is this such a "right wing" move? Ask yourself, if you went through years of training and long hours to get results so great your boss is happy to pay you £150,000+, would you be happy to hand over nearly HALF your income to the government?

@acolli777

Жыл бұрын

@@jjefferyworboys8138 Labour increased it to 50% Osborne reduced it 45. It should stay at 45% and remove all the loopholes that the rich fckrs use. Tax breaks for those who spend in the economy not those who stockpile money

If Truss can't find out a room - how could she ever be capable of finding herself out of the mess she has put the UK in?

Someone's ''had a bigger pie'' Malthouse, but not us.

The Tories have lied so much that they are getting worse at it. Enough is enough. I welcome their demise, hopefully for good.

She made us miss Bozza

@mma93067

Жыл бұрын

That truly is a talent

Don't interrupt them whilst they are destroying themselves.

Get these spoilt brats away from power!

@jjefferyworboys8138

Жыл бұрын

Replace them with multi millionaire pretend socialists like Starmer, Rayner and quite a few others on Labours front bench.

Rees Mogg the human toilet brush 😜👍

@MontyCantsin5

Жыл бұрын

That’s being too kind.

Life in Trussia 2022 and beyond...

Bring back Boris Johnson 😂

Elected over the summer from a base of 0.3% of the electorally registered adults in the UK (that, in turn, having a very restricted profile) she received the support of 0.17% of the electorate. Despite the pleas of older and more experienced politicians from within her own party she then chose a cabinet of yes men and women. That cabinet then does not get the chance to consider the biggest (not a) budget in terms of national wealth that there has been for decades but cooks it up with her old mate who lives up the road from her and works next door. But the consequences are everybody else's fault. Soon be time to blame the last Labour government - or Larry the cat!