Liz Truss

[MissTerious2]

Ive just had a long chat wih our finacial adviser who's now a friend of many years. A very knowledgeable man. He's just told me that thecworse blow to the economy in the last few years has not been Brexit or Covid or war. It was Liz Truss who managed to create more damage in 6 weeks than the others put together.

Why oh why did she get voted in!

[ToraToraTora]

what a load of old pony, the issues with the economy are Covid+Putin, end of.

[douglas9401]

Tora L's Liz

[MissTerious2]

No, not a load of old pony. Comes from someone who ì know knows his stuff.

[tommy39]

don't sound like he knows a lot,those sanctions we imposed on russia came back to bite us ,but then we had covid. truss's policy may have worked but her detractors wanted her out.truss was voted in as pm,sunak was outed truss "failed"sunak was pm,so now we have a pm that nobody wanted in the first place

[MissTerious2]

Well he tells me that her 6 week reign damage caused twice as much damage as two years of Covid.

[MissTerious2]

I know Tora loves Liz!

[bobbinwales]

Stock markets have risen. Yourr adviser may just be making excuses for their poor performance

[bobbinwales]

How could she have caused such damages...fortunately her plans weren't implemented. Markets were spooked but reajusted

[naomi24]

I agree with bobbinwales.

[Ellipsis]

Lots of links about Liz's losses, here's one:

https://www.theguardian.com/politics/2022/nov/12/revealed-the-30bn-cost-of-liz-trusss-disastrous-mini-budget

[MissTerious2]

Our adviser has in no way is excusing his companies poor peformance. It hasn 't been poor. He's the head of a highly regarded investment group and has does us proud over the last few years. This was just a friendly chat toda

[MissTerious2]

Thank you ellipsis for posting that link.

[Peter Pedant]

yeah but no but
making a profit on stock and shares requires a bit of a knack

[ToraToraTora]

17:20, get gully to teach you how to do a heart dougy!

[ToraToraTora]

Liz and kamikwaze were a disaster right enough but to put the current state of affairs at their door shows a single lack of any sort of clue. Glad he's not my financial advisor.

[bobbinwales]

Well that article was wrote Before the first Hunt budget. 20billion was for 'unfunded ni cuts ....Well that's not money blown as irs money that's been gave back to taxpayers... but Hunt then started to claw back.
Truss was a disaster but your advisers claim is based on old news and predictions

[ToraToraTora]

Even if the Grauniad figure of £30bn is accurate it's dwarfed by the £500+bn of QE to pay for Covid lock downs etc, then there is Putin's war effect. It's like saying my grandson losing his pocket money has caused my house to be repossessed. With financial advisors like that who needs a recession?

[237SJ]

I doubt Liz Truss had much do to with it. He's entitled to his opinion though. Lockdown on the other hand...(don't start me on that though)