@TheresaAFallon The EU already has the most punitively protected customs union in the world.
When starting from thay position any threat to "block trade" is a weak one.
@DanielJHannan It isn't just wishes in death.
It is wishes and right over your property in life.
Firstly, wills are made while people are alive.
More importantly, inheretence tax MUST come with a "gift tax" otherwise it is easily avoided
Taxing assets you give to someone else
@julianHjessop When it all comes down to it, central bank/government intervention is only the introduction of another market participant
And the worst kind of market participant; an overt price taker
It isn't the recipe for "stabilising" markets, and that's been the universal past experience
@patrycjuszwyzga The confusion lies in the use of "right/left" political idiom.
In modern use it is a purely Marxist invention to divide Socialism.
Fascist Socialists were declared "right wing" (as was Trotsky at one point).
Hitler was a clear Socialist. No confusing Marxist label needed
@PaulSommerville It has a modified duration of around 37 years
It was bought for its duration
The institutions that bought it were hedging liabilities of long rate duration. They likely haven't "lost" anything, but maintained a much more stable balance sheet (risk reduction)
@PaulSommerville It has a modified duration of around 37 years
It was bought for its duration
The institutions that bought it were hedging liabilities of long rate duration. They likely haven't "lost" anything, but maintained a much more stable balance sheet (risk reduction)
@Artemisfornow Household assets are predominantly two classes: physical residential housing and pensions.
Politicians will try to take as much of that as they think they can get away with. Every increasing tax on property, directly or via inheritance, and on pensions
They are like junkies.
@brivael@elonmusk GDP represents output.
You have to produce output outside the atmosphere in order for it to be classified as space GDP.
Sending something into space could at best be classified as an import by space, funded by inward capital flow from earth.
Negative space GDP, CA deficit
I combed through hundreds of videos since the 1970s and put together this compilation
Either we give the politicians, bureaucrats, and the activist class trillions of dollars and shut down the economy tomorrow or we're all gonna die
50 years of climate grift
Enjoy
@MartinSLewis Let's correct this point
The roots of the "crisis" are in climate hysteria, renewables, and net zero. The data is clear. The Ukraine war started in 2022.
You have too large an audience to be propagating such misleading ideas and absolving those actually responsible.
@DanielJHannan Tax cuts would inordinately favour younger earners, because the present value of the higher retained income over 30 years of future earnings, say, far exceeds what it would be for 5 years.
@cjsnowdon Who said this?
โIs the State to operate them or merely control them? In some branches it may be a case of direct operation, in others of indirect operation, and in still others of merely effective control.โ