Jump to content
Wanderers Ways. Neil Thompson 1961-2021

Recommended Posts

Posted
8 minutes ago, BobyBrno said:

Well yes. Graph coming.👍

When interest rates were low, the debt was manageable. Covid and the war in  Ukraine changed things as can be seen on the graph. Ms. Reeves problem is too much borrowing at high interest rates (see guilt yields) it’s unsustainable for the plans she has. Something will have to give. Either public spending cuts or tax rises. 
Both politically sensitive. 

 

IMG_3392.jpeg

For info. when I say higher interest rates due to bond yields. This is another graph showing the increase since October last year. Not sure what happened then. 😉

IMG_3394.jpeg

Posted
19 minutes ago, BobyBrno said:

Well yes. Graph coming.👍

When interest rates were low, the debt was manageable. Covid and the war in  Ukraine changed things as can be seen on the graph. Ms. Reeves problem is too much borrowing at high interest rates (see guilt yields) it’s unsustainable for the plans she has. Something will have to give. Either public spending cuts or tax rises. 
Both politically sensitive. 

 

IMG_3392.jpeg

Brian Borrows

Posted
17 minutes ago, BobyBrno said:

For info. when I say higher interest rates due to bond yields. This is another graph showing the increase since October last year. Not sure what happened then. 😉

IMG_3394.jpeg

Let’s add some perspective as look back a little further…

 

IMG_8787.jpeg

Posted

Look at the date you turnip!

What happened in 2022?

Bb already talked about this, and you have merely confirmed what he said!

Yes, there were lettuce lady's effects too, but the interest rates were lower.

The financial effects of the current policies have had a bigger effect than those of Truss/Kwarteng. The figures are knocking about.

One of the discussions I had with my IFA, was over the borrowing Reeves was doing, and she explained that there were some concerns in the industry that the UK may end up defaulting on some of it's payments. 

That was not too long ago, but before the commitment to suddenly up spending on defence. 

No wonder SKS had to be dragged into agreeing to up the UK's levels to 2.5% (at some point).

Whatever good things the current government are trying to achieve are being strangled.

Posted
2 hours ago, Tonge moor green jacket said:

Look at the date you turnip!

What happened in 2022?

Bb already talked about this, and you have merely confirmed what he said!

Yes, there were lettuce lady's effects too, but the interest rates were lower.

The financial effects of the current policies have had a bigger effect than those of Truss/Kwarteng. The figures are knocking about.

One of the discussions I had with my IFA, was over the borrowing Reeves was doing, and she explained that there were some concerns in the industry that the UK may end up defaulting on some of it's payments. 

That was not too long ago, but before the commitment to suddenly up spending on defence. 

No wonder SKS had to be dragged into agreeing to up the UK's levels to 2.5% (at some point).

Whatever good things the current government are trying to achieve are being strangled.

Apologies, I saw the massive spikes over the last few years and forgot to blame Rachel Reeves for them.

Foolishly, I assumed as the sitting government were being blamed for the relatively small spikes now that the same would apply for the enormous increases a couple of years ago.

Poor old Rachel.

Posted
3 minutes ago, Spider said:

Apologies, I saw the massive spikes over the last few years and forgot to blame Rachel Reeves for them.

Foolishly, I assumed as the sitting government were being blamed for the relatively small spikes now that the same would apply for the enormous increases a couple of years ago.

Poor old Rachel.

I showed the problems facing her partly due to the effects of her budget.  That is where we are now. 
You say relatively small spike but when we are talking about trillions, that is a lot. 1 % is more than her supposed black hole. Remember, there were two budgets after the disastrous Truss/Kwarteng one that brought stability. 

Posted
Just now, BobyBrno said:

I showed the problems facing her partly due to the effects of her budget.  That is where we are now. 
You say relatively small spike but when we are talking about trillions, that is a lot. 1 % is more than her supposed black hole. Remember, there were two budgets after the disastrous Truss/Kwarteng one that brought stability. 

I’ll have a look back for your posts where you mercilessly criticised the Tories for that graph later if I get chance.

I bet you were fuming.

Posted
1 minute ago, Spider said:

I’ll have a look back for your posts where you mercilessly criticised the Tories for that graph later if I get chance.

I bet you were fuming.

Does that matter? Have a look though. Good luck👍

I was asked a question. I answered it with factual evidence of the problems she faces. 🤷‍♂️

Better than a dog shitting in the garden. 

Posted
5 minutes ago, BobyBrno said:

Does that matter? Have a look though. Good luck👍

I was asked a question. I answered it with factual evidence of the problems she faces. 🤷‍♂️

Better than a dog shitting in the garden. 

And I just sprinkled a little perspective. This Labour administration have had a very difficult point from which to start. Admittedly nothing as tricky as the death of a Queen, but the war continues to rage in Ukraine, the Don is less predictable than an Ian Evatt team selection and Brexit still lingers like a bad smell.

Dog shit might be good for the turnips.

Posted
On 06/06/2025 at 13:09, Cheese said:

I agree with pretty much all of that. But as I've said previously, if we were to ban the Burka, it would only make sense that we ban all face coverings in public places at the same time. What if a non-Muslim woman wanted to wear a Burka? Or a Muslim woman wears one purely by choice? What about Nuns who sometimes cover their faces? It's all or nothing for me.

And you're right about Reform using it as opportunist Race-baiting nonsense.

💯including all those unwashed freaks who mob up at weekends in Manchester and others cities across the country  supporting Palestine 

Posted

Nothing race baiting about it.

That's tantamount to calling all nations that have similar bans as being racist.

Pathetic as ever.

We already have certain controls over face coverings, which seem largely ignored and not enforced.

Simply extend to all face coverings, whether religious or not, in public, and enforce it.

Posted (edited)
29 minutes ago, Spider said:

And I just sprinkled a little perspective. This Labour administration have had a very difficult point from which to start. Admittedly nothing as tricky as the death of a Queen, but the war continues to rage in Ukraine, the Don is less predictable than an Ian Evatt team selection and Brexit still lingers like a bad smell.

Dog shit might be good for the turnips.

Well I’ll give a little perspective. You still seem a little upset that I criticise Labour and particularly Rachel Reeves. Don’t worry about me, worry about your new Labour friends. This was a survey done by @LabourList. She’s not very popular with Labour members. 

 

IMG_3384.jpeg

Edited by BobyBrno
Posted
1 minute ago, BobyBrno said:

Well I’ll give a little perspective. You still seem a little upset that I criticise Labour and particularly Rachel Reeves. Don’t worry about me, worry about your new Labour friends. This was a survey done by @LabourList. She’s not very popular with Labour members. 

IMG_3384.png

Popularity is of no interest.

Boris was popular, and look how that ended

Ive learned the hard way that working with grafters is preferable to working with the class clown, no matter how amusing they might be.

Unpicking 14 years of incompetence won’t happen overnight, and only lunatics would expect so. They are showing that mistakes can happen but be rectified, a very healthy situation in my opinion.

They get 5 years. Whether you like it or not.

 

Posted
19 minutes ago, Spider said:

 

They get 5 years. Whether you like it or not.

 

Didn't we decide that you can only judge them at the end of their tenure, and not during it? (like we're supposed to do with Trump) 

Posted
20 minutes ago, Spider said:

Popularity is of no interest.

Boris was popular, and look how that ended

Ive learned the hard way that working with grafters is preferable to working with the class clown, no matter how amusing they might be.

Unpicking 14 years of incompetence won’t happen overnight, and only lunatics would expect so. They are showing that mistakes can happen but be rectified, a very healthy situation in my opinion.

They get 5 years. Whether you like it or not.

 

Pretty sure the survey was not about popularity. 

Posted
2 minutes ago, Sweep said:

Didn't we decide that you can only judge them at the end of their tenure, and not during it? (like we're supposed to do with Trump) 

The goalposts seem to be fairly mobile

Posted
49 minutes ago, Tonge moor green jacket said:

Nothing race baiting about it.

That's tantamount to calling all nations that have similar bans as being racist.

Pathetic as ever.

We already have certain controls over face coverings, which seem largely ignored and not enforced.

Simply extend to all face coverings, whether religious or not, in public, and enforce it.

I'm not sure an overstretched police force will be over the moon to hear that they've now got to go and arrest 70 year old women for wearing a religious head dress. Unless they're gracious enough to isolate themselves at home of course, and save us all the bother! 😉

Posted
24 minutes ago, BobyBrno said:

I was being kind. They think she’s useless.👍

And they have already shown that they’re not afraid to change things if needs be.

Chancellors are like football managers these days, so I’d not be surprised if she’s gone within a year.

They have said they are investing more in education, I see that as vital. Onwards 😊

Posted
8 minutes ago, Spider said:

And they have already shown that they’re not afraid to change things if needs be.

Chancellors are like football managers these days, so I’d not be surprised if she’s gone within a year.

They have said they are investing more in education, I see that as vital. Onwards 😊

And science and technology reading the news from this morning. Which is exactly where we should be investing given our track record (and given the fact that as I said yesterday, we're not necessarily blessed with valuable natural resources). 

With the Rachel Reeves thing. She's tinkering around the edges. Any systemic changes she makes are going to take a couple of years at least to understand whether they have succeeded or failed. It's boring - but we're just going to need to be patient and reserve judgement. 

But instead, the electorate prefer the sadly now ubiquitous short term, personality politics that we've come to expect. 

Cheer or boo from the armchair! 

Posted
1 hour ago, royal white said:

💯including all those unwashed freaks who mob up at weekends in Manchester and others cities across the country  supporting Palestine 

:D

 

 

 

Posted
1 hour ago, royal white said:

💯including all those unwashed freaks who mob up at weekends in Manchester and others cities across the country  supporting Palestine 

This is dehumanisation. 

You might not agree with their politics - but they have a right to gather and protest. 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.