|
|
Post by Westie on Nov 15, 2024 12:35:55 GMT
It’s very early days yet with Labour, and I’m still hopeful we are heading in a better direction. That said, the mess left by the Tories was unprecedented, and it won’t be turned around quickly. See where we are in 4 years and judge them then. We are still living with the Tory economic paradigms in place right now and they need to be dismantled.
I was also happier with many of the Corbyn policies, even though I couldn’t stand the man. I just think that today, the markets seem to make radical changes all but impossible.Truss blew everything up in that respect because she was so reckless and wouldn’t even let the OBR review her plans.
I hope you’re right about Trump being reined in, but I fear he will only seize more and more power as the days, weeks and months tick by. He has a mandate, having won the popular vote and all the Republicans who challenged him last time have stepped down. Media play a huge part in shaping public opinion and he’s now got control of the narrative. Anyone standing up to him will be isolated and persecuted. I’d far rather your optimism proved to be the more accurate outcome though.
|
|
|
|
Post by Westie on Nov 16, 2024 13:34:26 GMT
|
|
|
|
Post by dsjr on Nov 16, 2024 21:03:39 GMT
I bloody well hope not as the EU seems to be slowly failing if German and France are anything to go by.. Of course we need easier trade with the EU, but once again, I don't want their failures to seep back into our current crappy inexperienced government which is failing all on its own currently - in my opinion currently!
I did read somewhere that one of the T-words first things may be to get the US closer to the UK, to stop us drifting back to the EU.
Big chanes, whatever I reckon.
|
|
|
|
Post by Westie on Nov 16, 2024 21:55:54 GMT
This was the bit I felt reassured by:
“What could happen this time?
This time around the impact could be bigger. Economists warn that a “full-blown Trump” scenario – taking his campaign rhetoric at face value – would drive up average US tariffs back to 1930s levels, fuelling inflation and hitting world trade and economic growth.
Peter Holmes, a fellow of the UK Trade Policy Observatory and professor at the University of Sussex, said there was every sign Trump was preparing for a “no holds barred” approach. Highlighting some of the president-elect’s appointments, he said: “The last time, the US trade representative had people who were hangovers from past administrations. Now it could be completely taken over by Trumpism.
Britain, as an open economy, could be in a delicate position. The National Institute of Economic and Social Research has said Trump’s measures could halve UK growth and drive up prices for British consumers. Exporters could face a £22bn hit to global sales, the Centre for Inclusive Trade Policy warned
However, others say the impact should not be overstated. French said there was a case of “Trump derangement syndrome in full swing” across Europe, including the UK, in the belief that Trump 2.0 would be catastrophic. “There is another take, and it is one we put more weight on. The UK economy stands to benefit from lower energy prices and could take advantage of competitive trade diversion,” he said, referring to Trump’s “drill, baby, drill” pledge to drive up oil and gas supplies, which could lower global energy prices – despite significant environmental costs.
Trump imposing tariffs on China could also lead to a glut of exports destined for the US being diverted to other markets – which could force decisions in the EU and UK about how to respond. On one hand, it could lower prices for consumers, but there would be consequences for domestic producers. With Britain typically exporting higher-value finished goods that would be less sensitive to import tariffs, and services – which would not be hit – the UK could also escape more lightly.
|
|
|
|
Post by Idiot! on Nov 20, 2024 12:33:27 GMT
|
|
|
|
Post by Westie on Nov 20, 2024 16:14:53 GMT
I really don’t agree with giving Ukraine extra firepower at this stage. It’s a risky escalation with no potential advantages because Trump will be in charge within weeks. He’s already made it clear that Ukraine will have to give up swathes of territory in any settlement. He’s also said he won’t find them going forward.
|
|
|
|
Post by Idiot! on Nov 20, 2024 21:14:10 GMT
Thats what i think will happen, a deal will be a chunk of Ukraine & absolutely no entry into NATO for Ukraine.
|
|
|
|
Post by Westie on Nov 20, 2024 22:00:46 GMT
The sad part is that Ukraine could’ve had a better deal at the start. They’d still have had to agree to stay out of NATO but they’d have kept more territory, suffered no damage or loss of life, and we’d all have avoided the cost of living crisis. To me it had a lot to do with bloody Boris egging Zelenskyy on to fight and not settle. At the time he thought a war would stop him getting booted out. Wars also suit the super-rich too, because they always end up even richer. Proxy wars on someone else’s territory always suit the Americans too because of the defence spending they promote.
|
|
|
|
Post by dsjr on Nov 21, 2024 10:14:55 GMT
John Prescott's gone. I didn't know much about politics then in his heyday (not sure I know much more now to be honest), but apparently, he held a post that today, takes FOUR cabinet ministers to do, so lightweight are they in comparison. So by my maths, 'two Jags' is now FOUR, if you follow my drift.
I think this is a big problem, no matter which party is in power. No strong committed personalities to make proper arguments while understanding the other side. Our current lot simply recite the same now tired mantras over and over and I feel it's sickening to many of us now. No idea what disasters or triumphs await everyone 'over the pond,' but there does seem to be a strong and currently positive vibe over there (I'm trying to be careful how I put it over so as not to ruffle too many feathers).
|
|
