Back home Rentoul thinks the betting markets are wrong on Sunak – politicalbetting.com

I think Sunak has a better chance of being PM than the betting markets suggest pic.twitter.com/cNyLatUwBz
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I think Sunak has a better chance of being PM than the betting markets suggest pic.twitter.com/cNyLatUwBz
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If there’s one thing that seems likely to come out of this, it’s a notable jump in the % of GDP that will need to be spent on defence, throughout the west, in the coming decade. That should be enough to knock a few % off the valuation of global stock markets. Instead, they seem to have discounted the war as economically irrelevant.
https://www.youtube.com/watch?v=Hz64hWng2vM&ab_channel=GreyRevell
@visegrad24
During a visit to Poland yesterday, German Environment Minister
@SteffiLemke
(the Green Party) said Germany will take Poland to court if the country tries to build nuclear power plants.
Poland wants to build 6 reactors since EU has demanded that it transitions away from coal.
https://twitter.com/visegrad24/status/1496392433113907200
Oh yeah, and the geography sucks too. They would have to go around Taiwan and land on the other side of the island.
Now, could they invade Kinmen, which is only about 10 miles off the coast of China? Yes. That would be a relatively easy task. But the main island? That would be extremely difficult.
I was really hoping the UK wouldn't come last this year, and it was pretty much guaranteed but then I heard this news:
https://www.bbc.co.uk/news/entertainment-arts-60530513
Interesting to read Sunak's comments at the Mais Lecture. Unfortunately, it sounds like re-hashed Thatcherism which will fit in nicely with Labour's re-hashed Blairism (apparently).
I was interested in this comment:
“The marginal pound our country produces is far better spent by individuals and businesses than government.”
I'm not wholly convinced - if that "marginal pound" goes into capital investment, r&d or some form of longer-term spending, it can achieve a lot more than if spent immediately on imported goods.
We can all support the notion of a "market economy" but that doesn't mean laissez-faire economics - the State has a role to play in allocating the national resources whether on defence, care for vulnerable adults/children, education or silly walks and that's a big part of the political and democratic process.
It's the balance between the economic power of the State and the individual that cuts to the heart of our politics and society.
It’s interesting and like a horrible bloody Petri dish for weapons - for the US/UK they can provide all sorts of weapons that have never been tried in real life situations, and they could never be otherwise be tested against Russian armour in real life conditions/testing.
If they didn’t work then back to the drawing board but if they are working, and they seem to be, then it changes the balance of NATO/Russian military planning. If Russian tanks are vulnerable then the idea of them sweeping across the Baltic is obsolete and it swings to air power. So HYUFD’s tank requirement might be fighting the last war.
A bit like the Turkish drones proving more than useful and making military planners have to rethink.
The side that tried to fight a 1940s war will lose badly (though both sides might lose).
Much as I am not a big fan of Macron normally, given a choice between him and his likely opponents, most of whom seem to be Putin apologists, I would choose him every time.
My dad's reaction was: "Sure, when there's a war I want my kids to learn to shoot."
Times like this I realise he was correct.
(I haven't fired a gun in thirty years.)
Changes from equivalent result/candidate in 2017:
Macron 26.5% (+2)
Le Pen 16.5% (-4.5)
Zemmour 15.5% (new)
Pecresse 14% (-6)
Melanchon 11% (-9)
We should therefore send our lesbians in against Russia.
To prove they are the best, they will send in their best lesbians against ours.
And whilst their male troops are watching the resultant videos, we shall send in the asexuals!
Yes, LGBT will save civilised society!
(runs for cover.)
But should leadership lead their people that far into the meat grinder? So when I said ceasefire and Zelenskiy talking, it was as a good leader not weak one I was thinking. Do you see what I mean? For how long should he let them get ground up? 😕
But We aren’t fighting Putin. Our country is not there with them, just trying to convince itself it is. That’s the bottom line I’m trying to say. We are armchair generals miles away urging others to fight and die against Putin for our relief? Relief from our anger our guilt? Do you really get hope from watching them die today, whilst you are far away in an armchair, and if Sunday’s ceasefire came Saturday, they could have gone home to their families?
I’m not getting any hope or satisfaction from knowing it ends in broken families and a nations loss of freedom. Knowing that most powerful countries in the world standing by watching it, leaving them feeling betrayed. I’m just feeling more and more sad.
I should switch it off. But I feel guilty about turning my head away from this fight too.
😕
And the experience of their tanks and APCs is making the military err on the side of caution.
Jim Pickard
@PickardJE
·
1h
“if Russia controls Ukraine and Belarus then all of a sudden the Nato-Russia border jumps from around 1,300km to [around] 3,700km"
https://twitter.com/PickardJE
===
We are going to have to spend a hell of a lot more on military in the next decade.
Sunak can forget all his current budget plans.
Cynically, of course, this is very good news for France's arms industry. But I also appreciate that - unlike some countries - the French were very willing to change their stance when Russia invaded.
If he is fined by the Met then it will be hard for him to survive, however if Sunak is also fined his leadership chances would also be over too. That would leave Hunt or Truss as the likely new PM
Also whilst Russia has greater air power than Europe firstly - it doesn’t have greater air power than NATO, and secondly - it’s only good if the planes and helicopters are good and the right combo.
But I absolutely agree that Europe as a whole needs to stop leaning on the US.
JUST IN: Hacktivist group #Anonymous has successfully breached and leaked the database of the Russian Ministry of Defence website | mil[.] ru |. You can download all private data of the Russian MOD here: https://mega.nz/file/U3JAGRKL#fvwxJOQgODvHTKK37d5vaU3eCi8E3B5atDe1fXu_Zjs…
https://twitter.com/YourAnonTV/status/1497273131567828992
4v4.
On our side there was myself, someone who lived on a farm, his gf, and someone who had never shot before.
We won.
The cadets were not happy.
(I nearly made it to Bisley for the interschools shooting competition one year. Mainly because I spent a long time not being able to do any other sport bar shooting. If I tried to shoot now I'd probably end up with one leg. And still be able to beat the cadets.)
On the other.... LOL.
Boris Johnson is quietly getting his house in order in 10 Downing Street.
David Canzini starts on Monday as the Prime Minister’s deputy chief of staff, I can reveal.
Tory MPs will be delighted.
We first revealed this plan in December. https://www.telegraph.co.uk/politics/2021/12/12/boris-johnson-talks-hire-hard-man-ally-sir-lynton-crosby-no/
But Mitterrand's policy of supporting Britain provoked dissent among some senior officials in the French foreign ministry.
In a stinging memo dated 7 April 1982, France's then ambassador to London, Emmanuel de Margerie, described British Prime Minister Margaret Thatcher as "Victorian, imperialist and obstinate". He went on to add that she had a "tendency to get carried away by combative instincts".
In another document entitled The Falklands: Lessons from a Fiasco, senior French official Bernard Dorin accused Britain of "superpower arrogance" and claimed the country had shown "profound contempt for Latinos".
Behind the scenes, actions were speaking louder than words. In what would appear to be a clear breach of President Mitterrand's embargo, a French technical team - mainly working for a company 51% owned by the French government - stayed in Argentina throughout the war.
In an interview carried out in 1982 by Sunday Times journalist Isabel Hilton, the team's leader, Herve Colin, admitted carrying out one particular test that proved invaluable to Argentinian forces.
"The verification process involves determining if the missile launcher was functioning correctly or not. Three of the launchers failed. We located the source of the problem and that was it. The rest was simple."
https://www.bbc.co.uk/news/magazine-17256975
Once the Falklands were secure the returning task force should have nuked or invaded France.
https://twitter.com/phildstewart/status/1497271044889100292
"Russia’s rage at and frustration with Ukraine has become very clearly visible. On October 11, former president and current Deputy Chairman of the Security Council, Dmitry Medvedev, published an expletive-laden article aimed at Ukraine and at President Volodymyr Zelenskyy, describing his country as a vassal state of the US with whom it is impossible to negotiate.
He accused the Ukrainian people of losing their identity (which for him and his colleagues is Russian) and described Zelenskyy as disgusting, corrupt, and faithless, having repudiated his (Jewish) identity to serve rabid nationalists. This, Medvedev continued, meant Ukraine’s head of state resembled a Jewish Sonderkommando, a reference to those incarcerated Jews forced on pain of death to dispose of gas chamber victims during the Holocaust. Negotiations with such people and such a state are, therefore, “pointless,” he said."
https://cepa.org/russia-plays-the-antisemitic-card-in-ukraine/
Rishi Sunak is the Indian heritage David Miliband.
Lest we forget he is a coward who is only Chancellor because he was prepared to wear the political gimp mask handed to him by Dom Cummings.
He will not feature in any profiles in courage.
#MissedHisChance
https://www.dailymail.co.uk/news/article-10552743/Furious-Putin-prepares-use-father-bombs-brave-Ukrainians-hold-advance.html
They have all sorts of things on paper, but the reality doesn't seem to match.
The problem is not their conventional forces. It is what they would do when the conventional forces lose.
"The best defence of a free country in the 21st century is a robust economy, an open border and civil rights. They do need defending – sometimes against their own government – but they cost nothing."
I mean holding Indyref2 during a European war isn't appropriate and in the circumstances the mood music would be it is better to be part of a great union and nuclear power to deal with the likes of Putin.
Ooh, that's Sunday's thread sorted out.
https://twitter.com/fideidefensor/status/1497301356067045382?s=20&t=6zU79TZSNhBXXR5TXygXDQ
https://www.military-today.com/missiles/nlaw.htm
They are at pains to point out that this is a missile rather than a rocket.
"Cognizant of threats posed by modern active protection systems and reactive armor, the NLAW operator can opt for an overfly top attack mode. This launches the missile toward the tank turret, where it explodes. Its downward-angled HEAT warhead perforates the thin upper armor even if it’s covered with Explosive Reactive Armor (ERA)."
U.S. Officials Repeatedly Urged China to Help Avert War in Ukraine
https://www.nytimes.com/2022/02/25/us/politics/us-china-russia-ukraine.html
He was due to fly out there this week.
Instead they flew him out to Armenia (war involving Russia in 2020).
This weekend he is flying out to Georgia (invaded by Russia in 2008).
I think he must collect warzones.
But seriously, I hope he still has a job in a few weeks...
"I would rather have my generals be lucky than able"