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But you claimed that raising the interest rates would encourage investment. Why would that encourage investment? To invest in the UK would cost foreign investors more, not less, if the pound rises.

The problem is that tax cuts, are a very ineffective way to stimulate growth. That path has been touted again and again. It only works if tax rates are so prohibitively high like 75 or 80 percent. It makes more sense to give cuts to lower income people since they are far more likely to spend it and stimulate the economy. Of course that will push up inflation but the benefits for those with lower income should outweigh the inflationary effects.

If someone is buying sterling as an investment that means they're're buying gilts (treasury bonds) and hoping that it appreciates in value while it also yields interest. It has nothing to do with investing in a business.

Higher interest rates may make sterling more attractive but why would it make investing in the UK private sector more attractive?

Comments like this continue reveal the arithmetical challenges facing Brexit supporters. The EU economy is about 5.5 times the size of the UK's. (Quite a bit higher calculateded as PPP) Yet it's the Europeans that some reckon are going to suffer more because of Brexit. Bizarre.

It's also fallen to below 40 against the Baht.

Well if she's as corrupt as Orban and, like him, enacts laws that make genuine democratic elections virtually impossible, and guts opposition media, then, yes, they will have issues with her.

The problem is that Liz Cheney lost all credibiltiy long ago because of her support for the Iraq war. As deputy assistant Secretary of State for Near Eastern Affairs during the run-up to the Iraq war, she played a central role in promoting the lies that led to that war. As far as I could find she still defends it. Her sister who is gay won't have anything to do with her because of her public opposition to gay marriage. I think Cheney bet that Trump would crash and burn. When that didn't happen she found herself in a politically untenable position and tried to recast herself as the principled opposition. LIke her father, she's a lowlife and is best shunned by the Democrats.

Amazing how the falsehoods you post exactly match those offered by RT.

Please share with us these independent sources. Because they read exactly like the reports coming from rt.com.

From what I've read, the judge made the correct, if repugnant, decision. It's also great news for the Democrats in Arizona.

i can see from your comments that you are watching the usual neofascist websites that support Putin. What makes you think Russia didn't try to occupy the whole south? What makes you think that they didn't fail in that endeavor? Negotiations that depend on Putin keeping his word are clearly suspect Whether or not the vote is condemned by the world, it's clear that having elections in disputed territory during wartime is obviously invalid.

Why are you even doubting that Russians will annex these regions? That's the point of the fake elections.

As usual, you're cherry picking. This is from fivethirtyeight.com which consolidates all the polls https://projects.fivethirtyeight.com/polls/generic-ballot/ Interestingly enough, this year the polls have been underpredicting for the Democrats. They've done better at actual elections than in polling. Probably a big part of that is the Supreme Court overturning Roe.. Women are registering to vote and voting at an elevated rate. And the antics of Trump probably aren't helping either by nullifying any boost he may get from partisans angered over Mar a Lago. You think endorsing QAnon is going to help Republicans? It's just going to remind voters of how extreme and deranged the Republicans have become. And thanks to Trump's endorsements, Republican voters have chosen some very weak candidates for Senate. Because of Republican gerrymandering, even if Democrats get more popular votes in total, Republicans still have an edge. Statisiticians estimate that Democrats would have to get about 3% more votes for the House to break even. Of course, gerrymandering doesn't help in Senate elections. Considering the state of the world economy, what's really amazing is how weak the polling for Republicans is

Bill Barr a "Trump hater'? This is the guy who lied for Trump about the contents of the Mueller report. For which he was severely reproached by a judge. This is the guy who pressured Federal Prosecutors to leave Trump's friends and associates alone and to go after his opponents. And just because he couldn't go along with Trump's lunacy about fake elections, he's an enemy? Your gratitude, like Trump's, seems to be based on: "What has he done for us in the last 5 minutes?".

So the well-informed electorate was ignoring the consequences?

I do have a quibble about the title of this thread: "Fears grow Trump's Truth Social is headed for bankruptcy as bills pile up: report" I'm not afraid at all. in fact, I'm rather looking forward to it. I do wonder why Trump's supporters haven't flocked to the site. I suppose because they can't troll each other. Which is why Twitter is so enticing to them.

i see that you've been watching videos containing more right wing nonsense. U.S. Selling Oil from the Strategic Petroleum Reserve to the Highest Bidding Companies "However, because the price of gasoline depends largely on the cost of crude oil, which is mostly based on global supply and demand, experts told us that oil sold from the reserve does not need to stay in the U.S. to bring down gasoline prices. “Whether it stays in the United States or goes somewhere else is less important than does it succeed in changing the global balance of supply and demand, because that’s what drives the price,” Mark Finley, a fellow in energy and global oil at Rice University’s Baker Institute for Public Policy, told us in an interview. And since Congress lifted a nearly 40-year ban on most U.S. crude oil exports in 2015, the Department of Energy, which maintains the stockpile, cannot dictate whether companies can export oil purchased from the petroleum reserve, the department said in an email." https://www.factcheck.org/2022/07/u-s-selling-oil-from-the-strategic-petroleum-reserve-to-the-highest-bidding-companies/?gclid=CjwKCAjw-L-ZBhB4EiwA76YzOUa7d1DB-uLLZdtwICrb90hUp6fPpvONWW2TPDsrSfEKxmDf9_-PCRoCQwUQAvD_BwE By law, the government is obliged to sell the oil to the highest bidder. And the reserve is also specifically authorized to be released when there are disruptions to supply. You know, you can look this stuff up.

Still evading the question of how likely it was for the electorate to understand the full consequences of Brexit but the government not.

Thanks for not addressing the issue of why you characterized him as a traitor but rather indulging in an all-purpose rant.

I didn't watch the whole thing but Idisagree with his contention that because there will be a million more Russians to face, that will necessarily entail higher ukrainian casualties. There's going to be a million more Russian soldiers with very low morale and very little training. It seems more likely that they will depress morale even further and when they come under fire I think they'll run for it or surrender. It takes a lot of training to pound at least some of the fear out of a recruit and replace it with knowledge.

Rumor is that Biden is such a traitor that he leaves highly classified documents in places that are easily accessible to foreign agents. Lock him up!

From the article: "While the rate for women is lower than it is for men, officials noted that it’s has been rising more dramatically — up about 50% last year. That ties to another problem — the rise in congenital syphilis, in which infected moms pass the disease on to their babies, potentially leading to death of the child or health problems like deafness and blindness. Annual congenital syphilis cases numbered only about 300 a decade ago; they surged to nearly 2,700 last year. Of last year’s tally, 211 were stillbirths or infant deaths, Mena said."

This is obviously disingenuous. The main cause of cervical cancer is a viral infection that is an STD.

Well, it's still early days. It does seem he violated the Florida law.