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19787 - Telegram Web
Telegram Web
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
- Henry Ford
๐•‹๐•ฃ๐•ฆ๐•– ๐”ธ๐•Ÿ๐•’๐•ฃ๐•”๐•™๐•ช
๐Ÿ’ฏ82๐Ÿ”ฅ32๐Ÿ‘8๐Ÿฅด4โค1๐Ÿ˜1
โค70๐Ÿ’ฏ23๐Ÿ˜10๐Ÿคจ7๐Ÿคฏ6๐Ÿ†6๐Ÿฅฐ4๐Ÿ‘3๐Ÿ”ฅ2๐Ÿค1
๐Ÿ”ฅ50๐Ÿ†22๐Ÿ‘10โค8๐Ÿ•Š4๐Ÿ‘3๐Ÿ˜1
โค50๐Ÿค”15๐Ÿคฎ14๐Ÿ”ฅ5๐Ÿคก4๐Ÿ‘3๐Ÿ‘1๐ŸŒ1
๐Ÿ”ฅ28๐Ÿ˜17๐Ÿ˜ข3๐Ÿ˜3๐Ÿค”2โค1๐Ÿ‘1
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๐Ÿคก52๐Ÿ˜ข30๐Ÿ˜13๐ŸŒš8๐Ÿคช4๐Ÿ‘1๐Ÿ‘1๐Ÿ˜ฑ1๐Ÿคฃ1
๐Ÿ”ฅ77โšก10๐Ÿ‘7๐Ÿ˜ข5๐Ÿ˜3๐ŸŒญ3โคโ€๐Ÿ”ฅ1๐Ÿฅฐ1๐Ÿค”1๐ŸŽ‰1๐Ÿ˜Ž1
The UK Government is now borrowing money at 5.4% to fund spending and refinance debt.

This is more expensive than a mortgage and the cost of borrowing is going up in a vertical line.

The last time it was this expensive was in 1998 when the debt pile was 6 times smaller.

The market thinks the UK economy is screwed. Is the market correct?
๐•‹๐•ฃ๐•ฆ๐•– ๐”ธ๐•Ÿ๐•’๐•ฃ๐•”๐•™๐•ช
๐Ÿ”ฅ28๐Ÿ’ฏ10๐Ÿพ8๐Ÿ‘6๐Ÿ‘€5๐Ÿ˜2๐ŸŒ1
๐Ÿ˜62๐Ÿคก28๐Ÿคฃ17๐Ÿฅด4๐Ÿ’…3๐ŸŒ2
Trying to end misgovernment merely by changing the party is like an alcoholic solving his problems by switching from whisky to rum.
- James Bovard
๐•‹๐•ฃ๐•ฆ๐•– ๐”ธ๐•Ÿ๐•’๐•ฃ๐•”๐•™๐•ช
๐Ÿ’ฏ88๐Ÿ‘10โค3๐Ÿ‘2๐Ÿ˜1
๐Ÿ’ฏ54๐Ÿ’ฉ23๐Ÿ‘20๐Ÿ˜9๐Ÿคฎ7๐Ÿคก4๐Ÿ’…3โค2๐Ÿ‘Ž2๐ŸŒ1๐Ÿฆ„1
๐Ÿ˜49โœ11๐Ÿ‘พ11๐Ÿคท7๐Ÿ‘3๐Ÿ’”3๐Ÿคฌ2
๐Ÿ˜46๐ŸŒ14๐Ÿ’ฏ12๐Ÿคฎ3โšก2โค1๐Ÿ‘1๐Ÿ‘Ž1
๐Ÿ˜34๐Ÿคฌ25๐Ÿฆ„17๐Ÿ’ฏ12๐Ÿคฏ11๐Ÿค“5๐Ÿ‘2๐ŸŒ2โค1โœ1๐Ÿ™ˆ1
2025/07/13 11:29:58
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