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Pottotto's avatar

I would actually say that Lutnick's plan in neither new nor alien, unfortunately. 2008's intervention went to funding in a big way several foreign banks to stop them from falling apart, using junk MBE's as the name of the reason, but it was really an international eurodollar crisis afaik. This market exists because certain financiers in London, as a part of the marshall plan due to bretton woods, was given the ability to give loans denominated in USD as a means of nominally helping reinvigorate a freshly destroyed England, but also creating international demand for dollars. Let this money printing go unbridled and uncontrolled for 70 years, and here we are. The Fed was also the backstop for the world's crisis in the form of the reverse repo shitfest just prior to covid (although some may say that covid, which was essentially the flu, was a tool of policymakers used to distract from our disgusting and broken eurodollar system and international finance system. Us banks are pretty clean, actually, but there are so many scheisty institutions abroad that are absolutely not.).

I am in complete agreement that the next crisis could begin with the gilt market collapsing. The british pound is reaching parity again with the dollar and when this happened last time, is when Liz Truss's interim government almost blew up the world economy, because of the gilt market nearly going tits up. Of course, the new british financial managers and ministers are equally as fucktarded, and will continue to fund the unwashed islamic hordes to their own country's demise, rather than kick them all out and save the money.

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Mr. Simon Field's avatar

The OBR recently announced each black is “fiscally negative” to the tune of £485,000 EACH. This assume they live to age 81 (average). They also assume the HAD NO DEPENDENTS. They could not bring themselves to do an actuarial calculation on that as it would have made the liberals wince. 🆘WE NEED A REFERENDUM ON DIVERSITY. KEEP THE BLACKS. OR GET A 40% TAX CUT. No one signed up to keep these cunts fed and watered did they?. REMIGRATION is the only solution

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