· 6m We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!
Your statisitic is not implausible. My grandparents had full dentures, my mother partial ones, my father with many missing, and if my tooth loss continues (see previous posts) I'll end up with them. Lack of health and money takes its toll, and two years of Covid isolation didn't help.
Your statisitic is not implausible. My grandparents had full dentures, my mother partial ones, my father with many missing, and if my tooth loss continues (see previous posts) I'll end up with them. Lack of health and money takes its toll, and two years of Covid isolation didn't help.
Pre-NHS, a common wedding present was to have all your teeth removed.
Your statisitic is not implausible. My grandparents had full dentures, my mother partial ones, my father with many missing, and if my tooth loss continues (see previous posts) I'll end up with them. Lack of health and money takes its toll, and two years of Covid isolation didn't help.
Pre-NHS, a common wedding present was to have all your teeth removed.
That and the vaccination discussion shows how much of an impact the NHS made. I'm not its biggest fan, but it was an enormous improvement on what went before.
Labour to axe dozens of quangos ... Pat McFadden, the Chancellor of the Duchy of Lancaster, has written to ministers asking them to justify all quangos that operate under their departments, with a view to closing many of them later this year. ... Ministers have been told to take more responsibility for their policy areas, and warned that arm’s-length bodies should not be given responsibility for decisions of “national importance” unless they are required by law to be made by an independent body.
Seems MAGA Cult are starting to realise that Elon Musk runs a globalised business with thousands of supply chains from multiple foreign countries.
His commitment to Total Trade War of all against all is being questioned.
We have previously discussed tensions between what we can loosely call the Vance and Musk wings, but in this instance the immediate cause is probably Musk's weekend suggestion of free trade between America and Europe.
The Australian dollar is crashing against the USD:
Seen from the White House, this is surely evidence of Australia cheating by devaluing its currency in order to flood American markets. Another reason Trump's tariffs might be self-defeating.
· 6m We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!
Tarrifs can not bring any dollars into US. Tarrifs are paid by importers (and ultimatley consumers) whose dollarscare already in US.
· 6m We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!
Tarrifs can not bring any dollars into US. Tarrifs are paid by importers (and ultimatley consumers) whose dollarscare already in US.
Economically illiterate.
Not just illiterate. Moronic.
It's going to be limit down all week.
This has the potential to lead not just to a markets crisis- that's already happening- but a systemic collapse. All eyes on the Fed now, and if Trump does try to break the power of the Fed, then the bottom is a very long way down.
Noticed a couple of houses in the Highlands with a slightly mad solar setup. They've put two steel supports at the northern corners of the house and extended their array from the south facing roof into the air, so it's double the size and across the whole footprint of their house. Heatpumps attached to the supports too.
Looks dreadful tbh. Not sure why it wasn't cheaper to just create a big standalone array in the garden. Something to do with a planning loophole? Gardeners trying to preserve space?
That seems strange - makes sense to do it, but they should be extending it the other way to give a sheltered veranda, at that or a lowee level, or if newbuild just do a skillion roof.
I'd welcome some commentary from someone-who-knows on the impact of the latest Trump-Slump on the UK given that we hold $700bn of US Government debt in our national portfolio.
· 6m We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!
Tarrifs can not bring any dollars into US. Tarrifs are paid by importers (and ultimatley consumers) whose dollarscare already in US.
Economically illiterate.
Not just illiterate. Moronic.
It's going to be limit down all week.
This has the potential to lead not just to a markets crisis- that's already happening- but a systemic collapse. All eyes on the Fed now, and if Trump does try to break the power of the Fed, then the bottom is a very long way down.
A second child has died of measles amid an outbreak in west Texas, sparking a rare rebuke of the Trump administration’s top health officials from a Republican senator on Sunday.
RFK should really be locked up for criminal negligence. That is just awful.
He has been in post since Jan. These kids will have been unvaccinated for a lot longer than that and often for stupid sky fairy reasons. There’s a lot to lay at his door, but these deaths are probably not the thing, unless they contracted it at an RFK themed measles party.
To an extent but people also need to do their own research. Perhaps ask a health care professional?
For the educated middle classes, fine, but for red neck trailer dwellers they are likely to be more reliant on advice given by the Surgeon General.
A bit condescending, no?
What’s condescending given there’s a strong correlation between thick trailer trash who think God will save them and those not vaccinating their children . Those people aren’t interested in doing their own research , they’ll just swallow any old conspiracy theories .
The assumption that someone who lives in a trailer is thick. Would you say the same about a U.K. council house resident?
That's a strange conversation, and assumes that "educated middle class" aren't thick (stupid is perhaps a better word).
It's the educated middle classes who sit under Blue Pyramids chanting "OM", and attend wellness seminars organised by Russell Brand, spend £££ on crystals, and think that driving an Audi SUV is commendable.
· 6m We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!
I've got an idea, based on the thread header:
Let's give Trump and Vance peerages.
They meet all of the criteria laid out by @rcs1000
And it would make them ineligible to hold US offices, so they would have to resign.
I think it was more than bad dentistry and dental habits though - the privations of the war had a lot to do with it. Milk rationing etc.
More recently I think we have/had a ban on the use of peroxide in toothpaste/dental products? I know you had to order Crest White Strips from America. Very stupid ban. I am not sure it still exists. But stuff like this means UK teeth are naturally a relatively well kept but stained sort of colour, and US teeth (though obviously the very poor have bad teeth) generally look white.
A lot of people can't accurately interpret medical reports. They have no training in critical appraisal or looking for bias and uncontrolled variables. It doesn't make much difference if they are an Islington journalist or Texas farmer.
They just take "expert" advice, and that often means from Social Media rather than real experts.
I think it was more than bad dentistry and dental habits though - the privations of the war had a lot to do with it. Milk rationing etc.
More recently I think we have/had a ban on the use of peroxide in toothpaste/dental products? I know you had to order Crest White Strips from America. Very stupid ban. I am not sure it still exists. But stuff like this means UK teeth are naturally a relatively well kept but stained sort of colour, and US teeth (though obviously the very poor have bad teeth) generally look white.
And drinking lots of sugary tea.
Tea staining makes a big difference to British teeth.
This whole liberation day fiasco is starting to look a lot like the Kwasi/Truss debacle. But while the men in grey suits (or medical scrubs) might remove the orange one - he would only be replaced by the bigger lunatic Vance - who appears to be healthy enough to ride out a 4 year shitstorm.
This whole liberation day fiasco is starting to look a lot like the Kwasi/Truss debacle. But while the men in grey suits (or medical scrubs) might remove the orange one - he would only be replaced by the bigger lunatic Vance - who appears to be healthy enough to ride out a 4 year shitstorm.
The House & Senate can easily stop the insanity at any time without going to the extreme step of removing Trump and Vance.
All they have to do is vote for the Grassley-Cantwell Senate Bill & take back Congress' power to set tariff rates.
This whole liberation day fiasco is starting to look a lot like the Kwasi/Truss debacle. But while the men in grey suits (or medical scrubs) might remove the orange one - he would only be replaced by the bigger lunatic Vance - who appears to be healthy enough to ride out a 4 year shitstorm.
The House & Senate can easily stop the insanity at any time without going to the extreme step of removing Trump and Vance.
All they have to do is vote for the Grassley-Cantwell Senate Bill & take back Congress' power to set tariff rates.
That would require them to have a backbone. Or integrity. Or brains.
If David Low had lived he would be revising his view on the most spineless leaders of democracy ever to exist.
This whole liberation day fiasco is starting to look a lot like the Kwasi/Truss debacle. But while the men in grey suits (or medical scrubs) might remove the orange one - he would only be replaced by the bigger lunatic Vance - who appears to be healthy enough to ride out a 4 year shitstorm.
The House & Senate can easily stop the insanity at any time without going to the extreme step of removing Trump and Vance.
All they have to do is vote for the Grassley-Cantwell Senate Bill & take back Congress' power to set tariff rates.
That would require them to have a backbone. Or integrity. Or brains.
If David Low had lived he would be revising his view on the most spineless leaders of democracy ever to exist.
At a certain point, the pain of losing money will be enough for them (and their rich donors) to take action.
The Republican donor class really hates the tariffs & really hates losing money.
If the market bloodbath continues in Wall Street on Monday, then we might even see a panicked vote in favour of the Grassley-Cantwell bill as soon as Tuesday.
I mean, when even someone as craven as Ted Cruz is saying that he hates tariffs, then it does seem like there is some stiffening of backbones taking place.
I'm just saying I'm pretty sure if all the major bank CEOs called up the GOP party leadership and said they're starting a united superpac dedicated to never electing another Republican, we'd have a 25th amendment scenario within 24 hours.
Why can't someone just say "this guy is a nutter" ?
Partly, the doctrine that the customer/voter is always right.
Partly... Does the BBC ever say that the leader of another country is a nutter? Even when they have obviously unambiguously taken a one-way journey on the Fruitloop Express?
This whole liberation day fiasco is starting to look a lot like the Kwasi/Truss debacle. But while the men in grey suits (or medical scrubs) might remove the orange one - he would only be replaced by the bigger lunatic Vance - who appears to be healthy enough to ride out a 4 year shitstorm.
The House & Senate can easily stop the insanity at any time without going to the extreme step of removing Trump and Vance.
All they have to do is vote for the Grassley-Cantwell Senate Bill & take back Congress' power to set tariff rates.
They don't want to do that. They are all MAGA now.
Mike Johnson changed the House rules so that a vote for Congress to reclaim authority to do tariffs will never be scheduled, by declaring the rest of this Congressional term one single calendar day. www.wakeuptopolitics.com/p/house-quie.... He could fix all of this before the US markets open.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Yeah, that's the problem.
How is any country supposed to "negotiate" when he has that insane a belief ?
The discussion on PB about how Starmer should "negotiate" with Trump was just surreal. The only way Trump is going to remvoe the 10% tariff on the UK is if Starmer gives him something really valuable such as possession of Scotland, or something.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Yeah, that's the problem.
How is any country supposed to "negotiate" when he has that insane a belief ?
The discussion on PB about how Starmer should "negotiate" with Trump was just surreal. The only way Trump is going to remvoe the 10% tariff on the UK is if Starmer gives him something really valuable such as possession of Scotland, or something.
Besides, the USA already has a goods surplus with the UK. Which is why our tariff rate is "only" 10%/25% on cars.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Yeah, that's the problem.
How is any country supposed to "negotiate" when he has that insane a belief ?
The discussion on PB about how Starmer should "negotiate" with Trump was just surreal. The only way Trump is going to remvoe the 10% tariff on the UK is if Starmer gives him something really valuable such as possession of Scotland, or something.
It's a shakedown
The problem then is what does he demand next
The solution will ultimately be for every country in the World to gang up on the US, and every Republican to gang up on MAGA
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Yeah, that's the problem.
How is any country supposed to "negotiate" when he has that insane a belief ?
The discussion on PB about how Starmer should "negotiate" with Trump was just surreal. The only way Trump is going to remvoe the 10% tariff on the UK is if Starmer gives him something really valuable such as possession of Scotland, or something.
You can't negotiate with someone who rips up agreements on a whim.
This now looks like that scene in Woody Allen's "Bananas", where the newly installed revolutionary leader goes mad and issues decrees like "the national language shall be Swedish". I spoke with a rock ribbed Republican yesterday who was already convinced that the GOP would be massacred at the mid terms. I am beginning to wonder if Trump makes it that far.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Yeah, that's the problem.
How is any country supposed to "negotiate" when he has that insane a belief ?
The discussion on PB about how Starmer should "negotiate" with Trump was just surreal. The only way Trump is going to remvoe the 10% tariff on the UK is if Starmer gives him something really valuable such as possession of Scotland, or something.
Let him play Rory at St Andrews twice a year. Probably worth 5% off the tariffs.
The practical consideration for those of us with equity investments is whether to sell or not.
On the one hand sanity could be restored, but on the other hand being one of the first of the panicking sheep is generally a good move.
I considered it at the beginning of last week. But consoled myself with the protection that my sell positions on the Dow, FTSE and Tesla offered. The latter have delivered £thousands in cash but the shares are well down and it looks like more falls to come.
This whole liberation day fiasco is starting to look a lot like the Kwasi/Truss debacle. But while the men in grey suits (or medical scrubs) might remove the orange one - he would only be replaced by the bigger lunatic Vance - who appears to be healthy enough to ride out a 4 year shitstorm.
The House & Senate can easily stop the insanity at any time without going to the extreme step of removing Trump and Vance.
All they have to do is vote for the Grassley-Cantwell Senate Bill & take back Congress' power to set tariff rates.
They don't want to do that. They are all MAGA now.
Mike Johnson changed the House rules so that a vote for Congress to reclaim authority to do tariffs will never be scheduled, by declaring the rest of this Congressional term one single calendar day. www.wakeuptopolitics.com/p/house-quie.... He could fix all of this before the US markets open.
It would obviously help a lot but it doesn't fix it. Global and corporate trust and confidence in the USA has evaporated, it would not return in place even if the actions were reversed.
This whole liberation day fiasco is starting to look a lot like the Kwasi/Truss debacle. But while the men in grey suits (or medical scrubs) might remove the orange one - he would only be replaced by the bigger lunatic Vance - who appears to be healthy enough to ride out a 4 year shitstorm.
The House & Senate can easily stop the insanity at any time without going to the extreme step of removing Trump and Vance.
All they have to do is vote for the Grassley-Cantwell Senate Bill & take back Congress' power to set tariff rates.
Trump's record on the rule of law makes that wishful thinking. He's currently using an "emergency" powers act to do all this - what's to stop him conjuring up some other power to swerve this new bill?
I think it was more than bad dentistry and dental habits though - the privations of the war had a lot to do with it. Milk rationing etc.
More recently I think we have/had a ban on the use of peroxide in toothpaste/dental products? I know you had to order Crest White Strips from America. Very stupid ban. I am not sure it still exists. But stuff like this means UK teeth are naturally a relatively well kept but stained sort of colour, and US teeth (though obviously the very poor have bad teeth) generally look white.
We have a survey every decade apparently. From the same piece with more recent data (this sounds like extreme USA inequality showing through):
So do Americans have better teeth than Brits?
Actually, it seems the teeth of Brits are actually healthier be than Americans’ teeth. According to the latest figures from the Organisation for Economic Co-operation and Development (OECD), the average 12-year-old child in the UK has 0.7 missing or filled teeth. In comparison, the average 12-year-old American has 1.3 missing or filled teeth. The UK also fares better than other major countries, such as Australia where the average 12-year-old has 1.1 missing or decayed teeth.
I'm just saying I'm pretty sure if all the major bank CEOs called up the GOP party leadership and said they're starting a united superpac dedicated to never electing another Republican, we'd have a 25th amendment scenario within 24 hours.
This whole liberation day fiasco is starting to look a lot like the Kwasi/Truss debacle. But while the men in grey suits (or medical scrubs) might remove the orange one - he would only be replaced by the bigger lunatic Vance - who appears to be healthy enough to ride out a 4 year shitstorm.
The House & Senate can easily stop the insanity at any time without going to the extreme step of removing Trump and Vance.
All they have to do is vote for the Grassley-Cantwell Senate Bill & take back Congress' power to set tariff rates.
They don't want to do that. They are all MAGA now.
Mike Johnson changed the House rules so that a vote for Congress to reclaim authority to do tariffs will never be scheduled, by declaring the rest of this Congressional term one single calendar day. www.wakeuptopolitics.com/p/house-quie.... He could fix all of this before the US markets open.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Yeah, that's the problem.
How is any country supposed to "negotiate" when he has that insane a belief ?
The discussion on PB about how Starmer should "negotiate" with Trump was just surreal. The only way Trump is going to remvoe the 10% tariff on the UK is if Starmer gives him something really valuable such as possession of Scotland, or something.
You can't negotiate with someone who rips up agreements on a whim.
The practical consideration for those of us with equity investments is whether to sell or not.
On the one hand sanity could be restored, but on the other hand being one of the first of the panicking sheep is generally a good move.
If you wanted to be the first sheep you should have sold last week...
I sold my most vulnerable equities or at least reduced my holding back in January. I am about 25% cash at present, but could do more. On the other hand my housing stocks (Bellway and Persimmon) could recover if there was anything urgent interest rate cut to compensate for the chaos.
I still have some miners (S32, Anto, Rio) and export oriented stocks like Spirax that probably will drop further, though basically sound companies.
There is no negotiating with this. A average twelve year old has a better grasp of economics.
Trump: I spoke to a lot of leaders European, Asian from all over the world, they are been dying to make a deal. But I said we’re not going to have deficit with your country. We’re not going to do that because to me a deficit is a loss https://x.com/Acyn/status/1909035977399747034
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
Well our government seems intent on making us all poorer. While it's fun to have Trumpty Dumpty to blame for all our problems the fact is most of our problems are home grown and currently there is no meaningful plan to sort them out.
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
I think it was more than bad dentistry and dental habits though - the privations of the war had a lot to do with it. Milk rationing etc.
More recently I think we have/had a ban on the use of peroxide in toothpaste/dental products? I know you had to order Crest White Strips from America. Very stupid ban. I am not sure it still exists. But stuff like this means UK teeth are naturally a relatively well kept but stained sort of colour, and US teeth (though obviously the very poor have bad teeth) generally look white.
It was also the lack of ability to fight fatal infection. Both my maternal grandparents had all their largely healthy teeth removed in their thirties (pre war) ‘just to be on the safe side’.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Yeah, that's the problem.
How is any country supposed to "negotiate" when he has that insane a belief ?
The discussion on PB about how Starmer should "negotiate" with Trump was just surreal. The only way Trump is going to remvoe the 10% tariff on the UK is if Starmer gives him something really valuable such as possession of Scotland, or something.
It's a shakedown
The problem then is what does he demand next
The solution will ultimately be for every country in the World to gang up on the US, and every Republican to gang up on MAGA
But we're not quite there yet
I saw some coverage of alleged conversation amongst Canada, Japan, South Korea, Australia, which is what plenty of us have been speculating about. Add in the UK and just that list is approx. half of US GDP.
There's potential for a rules-based order minus the USA in there ... somewhere.
This whole liberation day fiasco is starting to look a lot like the Kwasi/Truss debacle. But while the men in grey suits (or medical scrubs) might remove the orange one - he would only be replaced by the bigger lunatic Vance - who appears to be healthy enough to ride out a 4 year shitstorm.
The House & Senate can easily stop the insanity at any time without going to the extreme step of removing Trump and Vance.
All they have to do is vote for the Grassley-Cantwell Senate Bill & take back Congress' power to set tariff rates.
Even if the Senate does that no one is going to make investment decisions because Trump will probably try to do the same thing in a different way and the once bitten twice shy principals applies.
Reality is over the last 3 months the US has gone from a 95%+ trustworthy partner to someone who simply isn’t trustworthy. Which means anyone sane will be working on the basis that anything in the US (support, sales) is short term and a bonus that may not last
· 6m We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!
Tarrifs can not bring any dollars into US. Tarrifs are paid by importers (and ultimatley consumers) whose dollarscare already in US.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
Well our government seems intent on making us all poorer. While it's fun to have Trumpty Dumpty to blame for all our problems the fact is most of our problems are home grown and currently there is no meaningful plan to sort them out.
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
Sure, I would love to see loads of investment, faster and more effective planning reform and updating education for the 21st century. Regularly say so on here. But the current discussion is on Trump and tariffs for obvious reasons.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
Well our government seems intent on making us all poorer. While it's fun to have Trumpty Dumpty to blame for all our problems the fact is most of our problems are home grown and currently there is no meaningful plan to sort them out.
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
Sure, I would love to see loads of investment, faster and more effective planning reform and updating education for the 21st century. Regularly say so on here. But the current discussion is on Trump and tariffs for obvious reasons.
Except it shouldnt be.
Trump is going to do what he believes is best for the USA. Our government should be doing whar;s best for the UK and isnt.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
Well our government seems intent on making us all poorer. While it's fun to have Trumpty Dumpty to blame for all our problems the fact is most of our problems are home grown and currently there is no meaningful plan to sort them out.
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
Sure, I would love to see loads of investment, faster and more effective planning reform and updating education for the 21st century. Regularly say so on here. But the current discussion is on Trump and tariffs for obvious reasons.
Except it shouldnt be.
Trump is going to do what he believes is best for the USA. Our government should be doing whar;s best for the UK and isnt.
The UK govt isn't doing everything you or I think is best for the UK and clearly we each wish they would follow our own ideas and preferences instead. But they are probably doing what they think is best for the UK.
I'm not a Starmer fan and didn't vote for Labour last time but they are better than our (admittedly terrible) recent average govt.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Yeah, that's the problem.
How is any country supposed to "negotiate" when he has that insane a belief ?
The discussion on PB about how Starmer should "negotiate" with Trump was just surreal. The only way Trump is going to remvoe the 10% tariff on the UK is if Starmer gives him something really valuable such as possession of Scotland, or something.
Let him play Rory at St Andrews twice a year. Probably worth 5% off the tariffs.
Play and beat. ‘Sorry Rory, you’ll just have to take one for the team. Make it look convincing.’
I think it was more than bad dentistry and dental habits though - the privations of the war had a lot to do with it. Milk rationing etc.
More recently I think we have/had a ban on the use of peroxide in toothpaste/dental products? I know you had to order Crest White Strips from America. Very stupid ban. I am not sure it still exists. But stuff like this means UK teeth are naturally a relatively well kept but stained sort of colour, and US teeth (though obviously the very poor have bad teeth) generally look white.
It was also the lack of ability to fight fatal infection. Both my maternal grandparents had all their largely healthy teeth removed in their thirties (pre war) ‘just to be on the safe side’.
It's extraodinary. And the provision of false teeth on the NHS meant some did it (my Dad knew a young lady) as a cosmetic procedure.
Looking at the teeth of the victorious England 1966 football team is very telling.
Found late, but I did quite enjoy this April 1st story over at UKDJ, which starts plausibly, and then ....:
Number of F-35 jets ‘missing’ from hangar at RAF base
The Ministry of Defence has downplayed reports that several F-35B Lightning II jets are currently “unaccounted for” on the flight line at a base.
The Ministry of Defence is reviewing the status of several F-35B Lightning II aircraft after routine checks at RAF Marham revealed that a number of jets were not immediately locatable. Officials stressed there is no indication of foul play and that the situation is “well understood given the nature of the platform.”
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
Well our government seems intent on making us all poorer. While it's fun to have Trumpty Dumpty to blame for all our problems the fact is most of our problems are home grown and currently there is no meaningful plan to sort them out.
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
Sure, I would love to see loads of investment, faster and more effective planning reform and updating education for the 21st century. Regularly say so on here. But the current discussion is on Trump and tariffs for obvious reasons.
Except it shouldnt be.
Trump is going to do what he believes is best for the USA. Our government should be doing whar;s best for the UK and isnt.
If you think this Labour government is economically illiterate, then surely you don't want them to do what they think is best for the UK?
I'm eager for some serious reform, particularly around energy markets and council tax. But there is something in the "do nothing" option, which from personal work experience is often the best course of action when faced with massive uncertainty. Don't put fuel on the fire.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
Well our government seems intent on making us all poorer. While it's fun to have Trumpty Dumpty to blame for all our problems the fact is most of our problems are home grown and currently there is no meaningful plan to sort them out.
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
Sure, I would love to see loads of investment, faster and more effective planning reform and updating education for the 21st century. Regularly say so on here. But the current discussion is on Trump and tariffs for obvious reasons.
Except it shouldnt be.
Trump is going to do what he believes is best for the USA. Our government should be doing whar;s best for the UK and isnt.
It’s just a shame he’s so economically illiterate that he thinks low paid, low value added textile and similar work is something that needs to be brought back to the USA.
And that manufacturing is something that can be moved in weeks / months when in reality it takes years AND requires a consistent (unchanging) market to justify the investment required.
Reality is nothing is going to change and US customers are going to be paying more so buying less.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
Well our government seems intent on making us all poorer. While it's fun to have Trumpty Dumpty to blame for all our problems the fact is most of our problems are home grown and currently there is no meaningful plan to sort them out.
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
Sure, I would love to see loads of investment, faster and more effective planning reform and updating education for the 21st century. Regularly say so on here. But the current discussion is on Trump and tariffs for obvious reasons.
Except it shouldnt be.
Trump is going to do what he believes is best for the USA. Our government should be doing whar;s best for the UK and isnt.
The UK govt isn't doing everything you or I think is best for the UK and clearly we each wish they would follow our own ideas and preferences instead. But they are probably doing what they think is best for the UK.
I'm not a Starmer fan and didn't vote for Labour last time but they are better than our (admittedly terrible) recent average govt.
They are no different than the last lot. They believe the same things.
A good move for Trump would be to do a trade deal with the UK. Obviously it won't solve the sweatshops in Cambodia issue, but it would be an outward display of things moving forward a bit. If he had some sense, Starmer could use this to our advantage and perhaps get some useful concessions.
I'm just saying I'm pretty sure if all the major bank CEOs called up the GOP party leadership and said they're starting a united superpac dedicated to never electing another Republican, we'd have a 25th amendment scenario within 24 hours.
A good move for Trump would be to do a trade deal with the UK. Obviously it won't solve the sweatshops in Cambodia issue, but it would be an outward display of things moving forward a bit. If he had some sense, Starmer could use this to our advantage and perhaps get some useful concessions.
You worry whether Starmer has some sense, but the problem with your plan is whether Trump has some sense… and he clearly doesn’t.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
Well our government seems intent on making us all poorer. While it's fun to have Trumpty Dumpty to blame for all our problems the fact is most of our problems are home grown and currently there is no meaningful plan to sort them out.
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
Sure, I would love to see loads of investment, faster and more effective planning reform and updating education for the 21st century. Regularly say so on here. But the current discussion is on Trump and tariffs for obvious reasons.
Except it shouldnt be.
Trump is going to do what he believes is best for the USA. Our government should be doing whar;s best for the UK and isnt.
If you think this Labour government is economically illiterate, then surely you don't want them to do what they think is best for the UK?
I'm eager for some serious reform, particularly around energy markets and council tax. But there is something in the "do nothing" option, which from personal work experience is often the best course of action when faced with massive uncertainty. Don't put fuel on the fire.
The Trump diversion is manna from heaven for the current government. If there were no Trump tofill the headlines they would be getting pasted for their obvious failures.
Almost one year in government and we are building less houses than under Sunak.
The practical consideration for those of us with equity investments is whether to sell or not.
On the one hand sanity could be restored, but on the other hand being one of the first of the panicking sheep is generally a good move.
If you wanted to be the first sheep you should have sold last week...
I sold my most vulnerable equities or at least reduced my holding back in January. I am about 25% cash at present, but could do more. On the other hand my housing stocks (Bellway and Persimmon) could recover if there was anything urgent interest rate cut to compensate for the chaos.
I still have some miners (S32, Anto, Rio) and export oriented stocks like Spirax that probably will drop further, though basically sound companies.
If the companies are sound and, for them, nothing has changed then why sell ?
I have kept most of my equities as they are good companies. I hold Rio as I do Glencore.
Funds wise I closed a few positions at the end of Feb and reduced holding in S&P and US trackers.
I did so purely because Warren Buffett was building up a big cash pile. I’m no expert at all.
A good move for Trump would be to do a trade deal with the UK. Obviously it won't solve the sweatshops in Cambodia issue, but it would be an outward display of things moving forward a bit. If he had some sense, Starmer could use this to our advantage and perhaps get some useful concessions.
A good move for Trump would be to do a trade deal with the UK. Obviously it won't solve the sweatshops in Cambodia issue, but it would be an outward display of things moving forward a bit. If he had some sense, Starmer could use this to our advantage and perhaps get some useful concessions.
A deal with Trump is worth less than nothing. He banks the advantages and ignores the obligations.
The better tactic is the one of the Heard Island penguins. Just ignore the tariffs.
A good move for Trump would be to do a trade deal with the UK. Obviously it won't solve the sweatshops in Cambodia issue, but it would be an outward display of things moving forward a bit. If he had some sense, Starmer could use this to our advantage and perhaps get some useful concessions.
You worry whether Starmer has some sense, but the problem with your plan is whether Trump has some sense… and he clearly doesn’t.
And the concession would be the removal of the 10% tariff in exchange for something that damages UK industry or services. The man has zero-sum Mercantilist thinking. There is no deal that he would sign unless it continues to hurt the other party.
The UK had Adam Smith squash that nonsense, and became the greatest Empire in world history on the back of it.
The practical consideration for those of us with equity investments is whether to sell or not.
On the one hand sanity could be restored, but on the other hand being one of the first of the panicking sheep is generally a good move.
If you wanted to be the first sheep you should have sold last week...
I sold my most vulnerable equities or at least reduced my holding back in January. I am about 25% cash at present, but could do more. On the other hand my housing stocks (Bellway and Persimmon) could recover if there was anything urgent interest rate cut to compensate for the chaos.
I still have some miners (S32, Anto, Rio) and export oriented stocks like Spirax that probably will drop further, though basically sound companies.
If the companies are sound and, for them, nothing has changed then why sell ?
I have kept most of my equities as they are good companies. I hold Rio as I do Glencore.
Funds wise I closed a few positions at the end of Feb and reduced holding in S&P and US trackers.
I did so purely because Warren Buffett was building up a big cash pile. I’m no expert at all.
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
Well our government seems intent on making us all poorer. While it's fun to have Trumpty Dumpty to blame for all our problems the fact is most of our problems are home grown and currently there is no meaningful plan to sort them out.
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
Sure, I would love to see loads of investment, faster and more effective planning reform and updating education for the 21st century. Regularly say so on here. But the current discussion is on Trump and tariffs for obvious reasons.
Except it shouldnt be.
Trump is going to do what he believes is best for the USA. Our government should be doing whar;s best for the UK and isnt.
It’s just a shame he’s so economically illiterate that he thinks low paid, low value added textile and similar work is something that needs to be brought back to the USA.
And that manufacturing is something that can be moved in weeks / months when in reality it takes years AND requires a consistent (unchanging) market to justify the investment required.
Reality is nothing is going to change and US customers are going to be paying more so buying less.
That is a decent level of stupid but it is certainly trumped by imposing massive tariffs on
Madagascar - for daring to export vanilla as it produces 80% of the worlds supply and has less than 0.5% of the worlds population Heard and McDonald Islands - no people, just a lot of penguins......
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Of course there is, prioritise trade with the rest of the world and watch Americans get poorer and weaker.
LOL
yeah like Starmer's going to save the economy.
The world will now be poorer whatever Starmer or other governments do. But we may as well get on with it rather than spend time and energy negotiating with a simpleton who cannot be trusted and does not understand his own interests or care about ours.
Well our government seems intent on making us all poorer. While it's fun to have Trumpty Dumpty to blame for all our problems the fact is most of our problems are home grown and currently there is no meaningful plan to sort them out.
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
Sure, I would love to see loads of investment, faster and more effective planning reform and updating education for the 21st century. Regularly say so on here. But the current discussion is on Trump and tariffs for obvious reasons.
Except it shouldnt be.
Trump is going to do what he believes is best for the USA. Our government should be doing whar;s best for the UK and isnt.
It’s just a shame he’s so economically illiterate that he thinks low paid, low value added textile and similar work is something that needs to be brought back to the USA.
And that manufacturing is something that can be moved in weeks / months when in reality it takes years AND requires a consistent (unchanging) market to justify the investment required.
Reality is nothing is going to change and US customers are going to be paying more so buying less.
It's just his delusion.
Here we have an energy minister who believes having some of the highest energy prices in the world will bring back manufacturing and help us open loads of data centres,
Instead of worrying about Trump's mistakes we should worry about our own.
The practical consideration for those of us with equity investments is whether to sell or not.
On the one hand sanity could be restored, but on the other hand being one of the first of the panicking sheep is generally a good move.
If you wanted to be the first sheep you should have sold last week...
I sold my most vulnerable equities or at least reduced my holding back in January. I am about 25% cash at present, but could do more. On the other hand my housing stocks (Bellway and Persimmon) could recover if there was anything urgent interest rate cut to compensate for the chaos.
I still have some miners (S32, Anto, Rio) and export oriented stocks like Spirax that probably will drop further, though basically sound companies.
If the companies are sound and, for them, nothing has changed then why sell ?
I have kept most of my equities as they are good companies. I hold Rio as I do Glencore.
Funds wise I closed a few positions at the end of Feb and reduced holding in S&P and US trackers.
I did so purely because Warren Buffett was building up a big cash pile. I’m no expert at all.
I'm just saying I'm pretty sure if all the major bank CEOs called up the GOP party leadership and said they're starting a united superpac dedicated to never electing another Republican, we'd have a 25th amendment scenario within 24 hours.
Rick Scott is one of the MAGA true believers. There are 13 of them in the Senate, which is the number that voted for him when he ran for Senate majority leader.
That means there are up to 87 total Senators that could potentially be willing to vote to rein in Trump's power to set tariffs.
A good move for Trump would be to do a trade deal with the UK. Obviously it won't solve the sweatshops in Cambodia issue, but it would be an outward display of things moving forward a bit. If he had some sense, Starmer could use this to our advantage and perhaps get some useful concessions.
I don’t know what we would gain from the deal (unless he exempts is from the separate 25% car tariffs) and I dread to think what we would need to do given that Trump regards VAT as a tariff.
So the reality is - I doubt the deal would be a sane deal for us
Comments
"In 1978 for example, about a third of people in the UK had no natural teeth."
https://www.uniquesmiles.co.uk/blog/brits-really-bad-teeth/
Donald J. Trump
@realDonaldTrump
·
6m
We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!
...
Pat McFadden, the Chancellor of the Duchy of Lancaster, has written to ministers asking them to justify all quangos that operate under their departments, with a view to closing many of them later this year.
...
Ministers have been told to take more responsibility for their policy areas, and warned that arm’s-length bodies should not be given responsibility for decisions of “national importance” unless they are required by law to be made by an independent body.
Mr McFadden has said that engaging with stakeholders or providing advice is not a sufficient reason to run a separate body that may be duplicating the work of a government department.
https://www.telegraph.co.uk/politics/2025/04/06/labour-axe-dozens-of-quangos-starmer-mcfadden/ (£££)
https://inews.co.uk/news/politics/bankers-7bn-bonuses-after-reeves-kept-truss-perks-city-3624929
Labour looks after the workers.
Economically illiterate.
It's going to be limit down all week.
This has the potential to lead not just to a markets crisis- that's already happening- but a systemic collapse. All eyes on the Fed now, and if Trump does try to break the power of the Fed, then the bottom is a very long way down.
And can she introduce it for a year which was already part way through when her Government was elected?
IMO that has a sniff of a self-serving media outrage bus.
LOL. There's even a walk on part for Fred Goodwin.
He genuinely appears to believe his own drivel.
Bill Ackman warns Trump to call a timeout on trade war: ‘This is not what we voted for’
https://thehill.com/homenews/administration/5235232-ackman-warning-trump-tariffs/
That's a strange conversation, and assumes that "educated middle class" aren't thick (stupid is perhaps a better word).
It's the educated middle classes who sit under Blue Pyramids chanting "OM", and attend wellness seminars organised by Russell Brand, spend £££ on crystals, and think that driving an Audi SUV is commendable.
Plus ... Liz Truss is an Oxbridge Graduate.
https://www.theguardian.com/business/blog/live/2025/apr/07/global-stock-markets-brace-donald-trump-us-tariffs-business-live-updates-news
Quite extraordinary that one idiot can precipitate what looks to be a global meltdown.
All that sane washing meant a lot of people didn't believe he was an ignorant fool.
Let's give Trump and Vance peerages.
They meet all of the criteria laid out by @rcs1000
And it would make them ineligible to hold US offices, so they would have to resign.
More recently I think we have/had a ban on the use of peroxide in toothpaste/dental products? I know you had to order Crest White Strips from America. Very stupid ban. I am not sure it still exists. But stuff like this means UK teeth are naturally a relatively well kept but stained sort of colour, and US teeth (though obviously the very poor have bad teeth) generally look white.
Trump: I love that
https://x.com/Acyn/status/1909032577291505794
Anyone still think the US is as safe as (say) Europe ?
A lot of people can't accurately interpret medical reports. They have no training in critical appraisal or looking for bias and uncontrolled variables. It doesn't make much difference if they are an Islington journalist or Texas farmer.
They just take "expert" advice, and that often means from Social Media rather than real experts.
Tea staining makes a big difference to British teeth.
Why?
Why can't someone just say "this guy is a nutter" ?
All they have to do is vote for the Grassley-Cantwell Senate Bill & take back Congress' power to set tariff rates.
If David Low had lived he would be revising his view on the most spineless leaders of democracy ever to exist.
The Republican donor class really hates the tariffs & really hates losing money.
If the market bloodbath continues in Wall Street on Monday, then we might even see a panicked vote in favour of the Grassley-Cantwell bill as soon as Tuesday.
I mean, when even someone as craven as Ted Cruz is saying that he hates tariffs, then it does seem like there is some stiffening of backbones taking place.
“A top Goldman Sachs executive summed up the frustration with Mr. Trump succinctly: Someone has to stop him.”
https://bsky.app/profile/profsaunders.bsky.social/post/3lm6l7izgik2b
@lethalityjane.bsky.social
I'm just saying I'm pretty sure if all the major bank CEOs called up the GOP party leadership and said they're starting a united superpac dedicated to never electing another Republican, we'd have a 25th amendment scenario within 24 hours.
https://bsky.app/profile/lethalityjane.bsky.social/post/3lm6o3hhusk2t
He says tariffs will remain in place until the trade deficit is zero
There is no rational answer to that
Partly... Does the BBC ever say that the leader of another country is a nutter? Even when they have obviously unambiguously taken a one-way journey on the Fruitloop Express?
Mike Johnson changed the House rules so that a vote for Congress to reclaim authority to do tariffs will never be scheduled, by declaring the rest of this Congressional term one single calendar day. www.wakeuptopolitics.com/p/house-quie.... He could fix all of this before the US markets open.
https://bsky.app/profile/costasamaras.com/post/3lm73ttbgr22q
How is any country supposed to "negotiate" when he has that insane a belief ?
The discussion on PB about how Starmer should "negotiate" with Trump was just surreal. The only way Trump is going to remvoe the 10% tariff on the UK is if Starmer gives him something really valuable such as possession of Scotland, or something.
The problem then is what does he demand next
The solution will ultimately be for every country in the World to gang up on the US, and every Republican to gang up on MAGA
But we're not quite there yet
Agreements with Trump are worth nothing.
I spoke with a rock ribbed Republican yesterday who was already convinced that the GOP would be massacred at the mid terms.
I am beginning to wonder if Trump makes it that far.
On the one hand sanity could be restored, but on the other hand being one of the first of the panicking sheep is generally a good move.
I don't think there is any way to stop this.
yeah like Starmer's going to save the economy.
Not happening any time soon
Until this week.
So do Americans have better teeth than Brits?
Actually, it seems the teeth of Brits are actually healthier be than Americans’ teeth. According to the latest figures from the Organisation for Economic Co-operation and Development (OECD), the average 12-year-old child in the UK has 0.7 missing or filled teeth. In comparison, the average 12-year-old American has 1.3 missing or filled teeth. The UK also fares better than other major countries, such as Australia where the average 12-year-old has 1.1 missing or decayed teeth.
Invoking the 25th is more likely to lead to perpetual Republican defeat than losing bank CEOs.
And nothing is going to solve that so all we can do is continue as if nothing has happened
I think he'll have to get even madder before that happens.
Waiting for the gunboats in the Thames ...
I still have some miners (S32, Anto, Rio) and export oriented stocks like Spirax that probably will drop further, though basically sound companies.
Overnight he also expressed a desire to put US citizens in El Salvador prisons
A average twelve year old has a better grasp of economics.
Trump: I spoke to a lot of leaders European, Asian from all over the world, they are been dying to make a deal. But I said we’re not going to have deficit with your country. We’re not going to do that because to me a deficit is a loss
https://x.com/Acyn/status/1909035977399747034
Investment ? Training ? Reform ? Why bother with all that nonsense when we can blame Trump, it's too much like hard work.
There's potential for a rules-based order minus the USA in there ... somewhere.
Reality is over the last 3 months the US has gone from a 95%+ trustworthy partner to someone who simply isn’t trustworthy. Which means anyone sane will be working on the basis that anything in the US (support, sales) is short term and a bonus that may not last
Trump is going to do what he believes is best for the USA. Our government should be doing whar;s best for the UK and isnt.
I'm not a Starmer fan and didn't vote for Labour last time but they are better than our (admittedly terrible) recent average govt.
‘Sorry Rory, you’ll just have to take one for the team. Make it look convincing.’
“Trump destroyed trust in the global economy… let’s build him a monument… well done! You really socked it to them!”
https://x.com/RpsAgainstTrump/status/1908989444373258366
Looking at the teeth of the victorious England 1966 football team is very telling.
Number of F-35 jets ‘missing’ from hangar at RAF base
The Ministry of Defence has downplayed reports that several F-35B Lightning II jets are currently “unaccounted for” on the flight line at a base.
The Ministry of Defence is reviewing the status of several F-35B Lightning II aircraft after routine checks at RAF Marham revealed that a number of jets were not immediately locatable. Officials stressed there is no indication of foul play and that the situation is “well understood given the nature of the platform.”
https://ukdefencejournal.org.uk/number-of-f-35-jets-missing-from-hangar-at-raf-base/
I'm eager for some serious reform, particularly around energy markets and council tax. But there is something in the "do nothing" option, which from personal work experience is often the best course of action when faced with massive uncertainty. Don't put fuel on the fire.
And that manufacturing is something that can be moved in weeks / months when in reality it takes years AND requires a consistent (unchanging) market to justify the investment required.
Reality is nothing is going to change and US customers are going to be paying more so buying less.
Rick Scott: "When Trump left office in the beginning of '21, we had a great economy. The Biden administration and Democrats ruined it."
https://x.com/atrupar/status/1908294696968851885
NIH scientists have a cancer breakthrough. Layoffs are delaying it.
Almost one year in government and we are building less houses than under Sunak.
I have kept most of my equities as they are good companies. I hold Rio as I do Glencore.
Funds wise I closed a few positions at the end of Feb and reduced holding in S&P and US trackers.
I did so purely because Warren Buffett was building up a big cash pile. I’m no expert at all.
The better tactic is the one of the Heard Island penguins. Just ignore the tariffs.
The UK had Adam Smith squash that nonsense, and became the greatest Empire in world history on the back of it.
Madagascar - for daring to export vanilla as it produces 80% of the worlds supply and has less than 0.5% of the worlds population
Heard and McDonald Islands - no people, just a lot of penguins......
Here we have an energy minister who believes having some of the highest energy prices in the world will bring back manufacturing and help us open loads of data centres,
Instead of worrying about Trump's mistakes we should worry about our own.
NEW THREAD
That means there are up to 87 total Senators that could potentially be willing to vote to rein in Trump's power to set tariffs.
So the reality is - I doubt the deal would be a sane deal for us