Recent content by Jasondb
-
J
How high will inflation go ?
I've read about this on alternative forums and the party BBB is seen to be the biggest and they say after farms the biggest issue is mass immigration. On the EU, they say people voted to join a common market not an EU superstate. A few years back Mark Rutte the premier said he would never allow... -
J
How high will inflation go ?
Yes banks are often greedy yet is not the profit motive that draws most into business? So after 20 years more or less of low rates suddenly they go up, of course some might argue Ukraine or COV-ID spending yet suspect it is more about protecting the US$ as consumer demand is not high. -
J
How high will inflation go ?
I suspect it will go as high as 7% this year though not straight away. I think the US is struggling as BRICs are turning away from using the US$ as the reserve currency so they put up interest rates to protect their currency. It costs a lot to have 800+ military bases around the world. What... -
J
Silicon Valley Bank
Yes so they are to be taken over by UBS with I think 22 CS Shares to value 1 UBS share. I think the USA is more of a problem with other banks at risk and big banks willing to put in capital to support the markets. Even Warren Buffet allegedly is going to be asked to support the Banking sector. -
J
Liz Truss PM - Gone Within a Year?
I think every group not in power makes noises for an election whereas the others don't yet when it comes to vote the lingering doubts about Brexit being opened up and it will, Starmer is an outlier in his own party. Then how Labour will raise more taxes and I dread to think about they would have... -
J
Liz Truss PM - Gone Within a Year?
If Truss can stick with Hunt satisfying the markets I think that would be better than another Tory party vote or general election. A GE will probably produce a hung parliament and sterling falls again and rates would need to rise. It would be better for them to vote on the next Tory leader as... -
J
Liz Truss PM - Gone Within a Year?
I have to admit following COV-ID crashing the economy then having low tax Truss come in and then change Bojo's plan on tax and National Insurance mid term was not surprised to hear how unpopular she has become. I guess the Tory membership that voted her in were in favour of low taxes whereas... -
J
Liz Truss PM - Gone Within a Year?
This is why I wanted Mordant rather than Truss she said she would respect Boris tax and national insurance changes until the next election. Truss is an ideologist along Thatcher lines and I don't think now is the time to be too cavalier. Apart from COV-ID Johnson got a lot of things right yet... -
J
Liz Truss PM - Gone Within a Year?
I think some will come, like deal makers yet think half of what they hope for. I expect It will have a secondary knock on effect with London's theatre-land and other London based leisure activities damaged by COV-ID lock downs. The markets seem to be reacting to Truss reducing the ability of... -
J
GBP / USD - 38 YEAR LOW - $1.08!!!
I guess they think Truss is not going to boost the economy yet shrink it.- Jasondb
- Post #22
- Forum: General Business Forum
-
J
Liz Truss PM - Gone Within a Year?
I don't see Truss going before the next election. Though do expect battles with unions, debates about tax policy favouring the better off. Fracking will also be contentious, I don't think the north of England is suitable re the geology. -
J
Liz Truss PM - Gone Within a Year?
I caught her in Parliament just before the Queen died and she did quite well. Obviously with meeting Biden and to a lesser extent Macron she will take on board their points and then expect some announcements. I don't know the detail on her energy support yet if she gets this right it could help... -
J
Liz Truss PM - Gone Within a Year?
Brexit + COVID + toppling of Boris - nor precise mathematics yet certainly factors. -
J
How high will inflation go ?
I think it is very difficult to know the economic effect from Brexit due to cov-id, it was too close to Brexit to understand. The fall in exchange rate has helped some manufacturers to grow. -
J
Liz Truss PM - Gone Within a Year?
Yes the next election could open the doors for a Labour led coalition. However if Liz Truss can deliver on the energy cost or price front depending on your POV she has a chance. If Labour do get in will they sanction another referendum for the SNP independence push?