I'm sure that we'll soon be seeing Putin walking through the streets of Donetsk to greet his Russian friends...
If any idiot uses the "What's the fuss, Sterling has stabilised" trope, then this simple fact is a succinct response! Only reason that £ is not at parity with $ today is that the Bank of England had to spaff £65bn!
The true situation is set out on the front of the FT and it should scare the living **** out of all of us... please log in to view this image Ongoing daily meetings between pension asset managers and the regulatory authorities, despite the government spaffing our money to artificially fend off collapse. Pension funds still having to sell stocks and bonds and in some cases seek further support from corporate backers, even after the BoE intervened, HSBC senior staff describing the BoE's actions as a sticking plaster as we approach a cliff edge event when the market is no longer artificially supported...or the government change policy. The problem's not changed since Kwarteng and Truss went on a ****ing spending spree that we can't afford. They can lie to us and they can lie to themselves, and the BoE can try to make it look otherwise, but it won't change the fact that the ship is sinking.
Matthew Parris has written a piece for the Times titled: The Prime Minister must be dispatched now. It's a month early for that kind of plot, but go ahead, mate.
Great to see him being put in his place. I was hoping he had died tbh. One of the must corrupt of all the Tories - and that's saying something! He was being paid a salary by a US Gold Bullion dealer to promote Brexit and crash £Sterling from 2015-2018. He has also been caught out taking backhanders from the Saudis. And going back still further he accused Post Office workers of Political Corruption.
