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Honey, I shrunk the quids

Extreme neoliberal dogma causes a crash in the pound.  The new half-witted PM of the UK (Liz Truss) and the A-level (last class in high school) Chancellor of the Exchequer (Kasi Kwarteng) have cut taxes on the rich and on companies, with the result that financial markets finally realised that tax cuts don't pay for themselves, and sold off the pound and gilts (UK government bonds).  An old-fashioned sterling crisis.  Who would have thought that it has been brought on by the Conservative Party, supposedly better economic managers than Labour?

For non-Brits/Ozzies/South Africans, a quid is a pound (the currency, not the measure of weight).

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