I was worried. But you cannot imagine the Starmer Reeves incompetence. Johnson was a fool but a bright fool. This is old school left wing, out of date stupidity. Do not answer now. See you in 4 years.
Starmer is not pursuing Old School Marxist-Leninst economical theories though.
He is left of centre economically as far as I can understand from having read the odd article about him and his government.
I do not really understand why you think the current Labour government is left wing. It is left surely in the British political climate, but probably not wing. Corbyn and the people around him, was however more wing and I can understand that you use the wing expression on him etcâŠ
Can you explain please?
I think the UK can actually accept a reasonable share of responsibility. Without a doubt, the repackaging and tiering of US subprime mortgages into ostensibly first-rate debt instruments was the match, but UK regulation that allowed the likes of Northern Rock to rely almost exclusively on short- and mid-term paper would certainly qualify as tinder.
First Iâm hearing of it, thanks!
Any recommended sources to read more?
A bit dry, but it highlights the very low percentage of mortgages that NR had backed with retail deposits. One of the weird things about the bank run that brought NR down was that is actually only started after the emergency liquidity measures - the commercial paper market had spooked long before the retail deposits did.
Under Basel now, an institution that size just couldnât have that much exposure (~75%) not covered by deposits.
Yeah ok. Not 4 years. I will work on a thesis.
Yes, leavers voted for something they didnât know what they were voting for, the whole 52%. So, in the same sense the leave campaign was based on speculation of what could happen.
The rest of your point is subjective, non factual and based on your opinion. Racial aggravated crime on the rise, have you took into consideration the rise of support for RW politics across Europe? I suppose you are going to blame the rise of antisemitism on the Leave vote also.
I will leave you to your fish bowl/echo chamber.
You still didnât answer my question, no surprise there. I will make it even more definitive, where would your vote lie, a successful, thriving country under a Tory government or a mediocre government under Labour?
Was it really a successful and thriving country prior to the Labour electoral win though ? The Tories reigned for very long. Was there not in general percieved to be a downward spiral, much of it blamed on being shackled to the European Union? That is my perception.
All of this across the globe is down to the increase in the wealth gap. Populists then rise as they offer simple solutions very loudly and that chimes with people including those with existing questionable views.
Its crazy that those that benefit from the wealth gap then go on and sponsor the populists that drive that wedge further and the voting public go for it every time.
And every time we watch these populists fail. This brexit in a box, Johnson the same, and the rest will follow. It just depends how much they burn on the way.
So what is the EU? What is their main focus out of their centralised economy? Itâs all about money. Itâs definitely not out of the interests of the common man.
Look at the bailouts, austerity was forced on countries such as Greece, when the EU bailed them out with interest on top. It has been considered the bailout of Greece was a bit too heavy to stop them leaving the EU. Either way it was a catalyst for poverty in a number of member states.
With Brexit, the EU openly stated that the UK would be tossed aside, become a poor brother, along with a number of other âhow dare youâ comments. At any point did they say, we respect your decision, letâs separate amicably and look at the best way we can go about moving forward. No! Why was that?
Because it is all about power and control.
If the EU is so great, why has there been a rise in support of Right wing parties? This hasnât been evident in the UK. Sure you had Brexit party and reform which were all about leaving the EU, but their supporters left as soon as Brexit was done. The UK hasnât got the National Front (Le Penn) challenging for power, like France does, which is echoed across numerous countries in Europe.
Regarding Populism, surely by its definition it is political view which changes. You could say Farage and Johnson, were encouraging Populism by going against Europe. However, since Brexit, Remain voters could be accused of populism.
Populism is defined as a thin-centered ideology that considers society to be ultimately separated into two homogeneous and antagonistic camps, âthe pure peopleâ versus âthe corrupt elite,â and which argues that politics should be an expression of the volontĂ© gĂ©nĂ©rale (general will) of the people.
So, taking that into account, surely populism would be against the Tories for being elite and also against Remain for not accepting the general will of the people?
Sorry, but thatâs nonsense.
The Conservatives received the second-most votes at the last general election and Reform UK came third in votes secured.
Anyone who thinks these are not parties of the right wing is deluded.
Its interesting that you think Right Wing Populism and Brexit are somehow different things. To me they are two sides of the same coin.
Racially aggravated crimes increased after Brexit. Thatâs a fact.
The question is absolutely pointless. Obviously anyone would take thriving country, but itâs such a pointless, idiotic question, so detached from reality, it isnât worth any time.
Would you have supported Roy Hodgson if heâd played attractive, attacking football and won loads of games? There was as much chance of that as the Tories creating a thriving country.
Youâve got this silly idea that I vote tribally. There have been many times in my life that I havenât voted Labour. Sometimes because it wasnât the best choice to block the worst option. Sometimes out of disgust. Sometimes because I was complacent.
Simply a group of nations trying to work together with common goals. Up to you if you like that or not.
Why did Greede need a bailout? To stop it defaulting on debt following the 2008 financial crash that people here think is Gordon Brownâs fault. It threatened eu financial stability and i duppoee it could argued that Greece was in fir a hard time irrespective of what happened.
This is just bollocks and sums up Brexiteers in a nut shell. We want to leave but afterwards we will blame you for not having any if the benefits of membership which we feel uou should give us because⊠Plus the UK were complete pricks during the negotiations. Plenty examples of that. Reap what you sow.
Regarding the last stuff youâve pulled from Wiki or wherever, ask yourself why are so called Elites painting themselves as populists? This the fundamental probiem here. Farage, for example pretending to be an ordinary working fellow. Its just bollocks along with everything he says.
I just quit my Netflix subscription, and now they wonât let me watch any of their programmes. What a bunch of cunts. Honestly, I didnât expect that kind of pettiness from them.
Nowhere fucking near it.
The UK is on its knees.
Ps. I should add, it was (and continues to be) successful and thriving if youâre one of those at the top towards whom the Tory project directly and indirectly funnels all wealth.
Yeah. Around 20 billionaires in 2010. Now around 200. Fucking sickening.
All down to their talent and hard work.