Tuesday October 29th, 1929 – The Crash, the most devastating day in the history of the New York Stock Exchange and the beginning of The Great Depression.
Wednesday October 30th, 2024 – what sort of devastation can we expect 95 years and one day later ? The apparently failed economist, Reeves, is on a tightrope and the markets might decide to bring about her downfall. If she rewrites the borrowing rules the bond markets will push yields higher, making public sector debt more expensive. More money spent servicing debt equals less money to spend on public services.
Is she already laughing at us
This woman apparently had her House of Commons credit card suspended by the Independent Parliamentary Standards Authority after she ran up £4,000 of unauthorised payments, and it was not unfrozen until she cleared the debt.
She told a GB News interviewer that checking her bank balance showed that she had more money going out than coming in, even though as an ordinary MP at the time she had a salary of over £86,000 and her husband is a senior civil servant earning more than that.
This woman used Parliamentary expenses to pay someone else to complete her tax return, a luxury that ‘working class people’ who pay for this for her do not enjoy.
This woman seemingly can't manage her own finances, so is it any wonder that many have doubts about her ability to do a remotely competent job as Chancellor of the Exchequer ?
Did some, before the election, say 'they're not all the same'
Wednesday October 30th, 2024 – what sort of devastation can we expect 95 years and one day later ? The apparently failed economist, Reeves, is on a tightrope and the markets might decide to bring about her downfall. If she rewrites the borrowing rules the bond markets will push yields higher, making public sector debt more expensive. More money spent servicing debt equals less money to spend on public services.
Is she already laughing at us
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This woman apparently had her House of Commons credit card suspended by the Independent Parliamentary Standards Authority after she ran up £4,000 of unauthorised payments, and it was not unfrozen until she cleared the debt.
She told a GB News interviewer that checking her bank balance showed that she had more money going out than coming in, even though as an ordinary MP at the time she had a salary of over £86,000 and her husband is a senior civil servant earning more than that.
This woman used Parliamentary expenses to pay someone else to complete her tax return, a luxury that ‘working class people’ who pay for this for her do not enjoy.
This woman seemingly can't manage her own finances, so is it any wonder that many have doubts about her ability to do a remotely competent job as Chancellor of the Exchequer ?
Did some, before the election, say 'they're not all the same'
