News1 min ago
When The Going Gets Tough.....
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....the tough go to China!
Bond rates going through the roof, growth heading towards the negative, inflation rising, interest rate rise innevitable. Any tax collected by the new measures likely to be wiped out by increased bond interest.
I suppose if she's out of the country she'll be doing less damage.
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For more on marking an answer as the "Best Answer", please visit our FAQ.Pity she wasnt dragged back from Heathrow like the last labour chancellor that wrecked the economy - and then went cap in hand to the IMF.
One has to wonder why she has gone anyway, is it to hand the keys of the Chagos Islands direct to the Commies (who I am sure she admires) or to ask for one of their infamous 'loans' you know the ones where they loan you brass and than when you cant repay "take it off your hands"- as much of Africa is finding out?
We are soon to be a third World country run by the Chinese by the looks of it.