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37
Rachel Reeves: Quit Now the Tipping Point for Britain’s Economy is Here
If there are any reading this thread with a fact-checker mindset: https://www.imf.org/en/Countries/GBR#ataglance The growth figure was updated from the previous 1.5% forecast, which is still in the spreadsheet mentioned below: You can download the CPI data from here, but you have to update the 1.5% to 1.6% yourself. https://www.imf.org/external/datamapper/PCPIPCH@WEO/OEMDC/GBR You can download real GDP growth data from here: https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/GBR I combined the two spreadsheets and updated the IMF GDP projection from 1.5% to 1.6% I got a headache trying to find the Gilt price data so I gave up. I'm not sure if the numbers for 2024 are still projections (likely) or not. It's also difficult to know how much responsibility/ credit a government can take for inflation or GDP. I assume it's not known what the actual 2024 numbers are and the 2025 numbers are a projection. Note also the IMF predict essentially straight lines. It would be interesting to see how accurate their previous forecasts were. Labour have been in power for about half of the year. I conclude it's too early to see from IMF data what effect Labour have had on the UK economy, whether good or bad. In any case, neo-classical macroeconomic forecasting is not what one would call an exact science. -
28
Trending:The world is waking up to the Woke Progressives
The so-called "woke progressives" are a small fringe element of the liberal side of ideology. The OP usually demonstrates his lack of knowledge by adding in "Marxist/Socialist", which just tells me those of his ilk lack what it takes to make it in the modern tech world, and have been left behind in the Biden-Harris economic boom. The guy clearly has no clue what those words mean, as Capitalism has been the hallmark of the Biden years, with the growth and prosperity to prove it. In contrast, the fascist right is ubiquitous on that side of the ideological spectrum. They are also snowflakes, whining incessantly about "witch hunts" and "UNFAIR!!!!" and "Fake News" and other words and phrases they get from their bloated childish messiah. They seem to miss the actual fake news, such as Fox and Dominion Voting Systems, or "stolen election" or "best economy ever" (when even before Covid 45's economy was in the bottom 30% of all economies in the US since the end of WWII). They're also deathly afraid of young Central American women who drag their kids and walk 800 miles in the hope of finding economic freedom and freedom from gang violence. If such women are "all rapists and murderers" (ironically stated by a guy convicted civilly of sexual assault and who the judge in that trial said was likely guilty of rape), the MAGAs should hope these women do give them a little nooky, as otherwise the MAGAs are Incels. By the way, proper immigration is a major plus for the US; the Lankford Bill would have solved many problems, but 45 needed an issue, so he told his lapdog Speaker to squelch that Republican Bill. The good news is after Monday, MAGAs will have a plethora of strawberry and lettuce picking jobs, plus janitorial work---even truck driver jobs if the deportation also includes illegal Sikhs---available to them, so they can finally get off SSDI, the major "employer" of Red States like KY, TN and WV. Here is an inconvenient truth of time under Biden-Harris: the best GDP growth since the late 1990s, highest # of jobs created ever under any POTUS, actual infrastructure repairs, instead of endless talk and false promises, three times the growth of the average G7 nation since 2020, longest period of sub 4% unemployment in 64 years, inflation brought down faster than any other nation (the world suffered high inflation since the end of Covid), lower prescription drug prices, with power taken from Big Pharma, lower violent crime rates than under 45....the list goes on. I understand that those who lack the skills and talents to succeed in the modern economy have been left behind. That is not Biden's fault, though MAGAs are incapable of accepting personal responsibility, weaklings that they are. And yes, ignorance also played a role in Harris' loss, since the oft-told lie resonates (47 is a true pro at lies, mendacity being one of his key qualities, along with being a crybaby.) Well, a plurality took the election, which is still democracy. Of course elections have consequences, and the MAGAs are going to learn that the hard way, because if they failed to grow their net worth during the Biden Boom, they are only going to suffer more when every policy will be geared toward existing billionaires. Sorry, but 47 got all he needed from his cult---their votes---and he doesn't need folks he calls "losers" anymore. -
174
The Troubling Decline of DEI: A Step Backward for America
Thomas Sowell is fundamentally a Martin Luther King generation Republican - or as the modern day left wingers as a "neo-Nazi." On the eve of the trial of P'Diddy, the issues that Dowell discusses here have never neem more relevant. And if you think that Sowell is a neo-Nazi, you'll be disappointed to hear that other prominent African-Americans such as 50 Cent and Ice Cube agree with his assessment. Modern day black culture is drowning all that was good in the community. -
37
Rachel Reeves: Quit Now the Tipping Point for Britain’s Economy is Here
Given that you did not know the difference between the FTSE 100 and the FTSE 250 Here it is again How is that FTSE 250 over the last 6 months ? Keep swinging like a Friday night drunk. -
44
Has Elon Musk become an existential threat to humanity?
You just don’t fully understand; it’s much more than that. It is no longer so simple and this isn’t just about fake words in a newspaper anymore. We now live in an era of highly advanced technology, where AI and sophisticated spoofing capabilities can seamlessly combine audio, video, and doctored photos, often with images taken entirely out of context and combined with false words. For the average person, especially those who may not be tech-savvy or highly informed, distinguishing fact from fiction has become increasingly difficult in the face of such convincing disinformation.
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