No he didn’t he just showed how weak he is. Blaming a slighter old generation about getting addicted to an algorithm. The benefits far outweigh the negatives - you just need some restraint.
Second point “We have been dealt a bad hand”, life is easier now than live has ever been. Life is never easy or has been.
@Ed_Miliband You can talk about initiatives to lower the burden relating to energy costs but as long as marginal pricing exists, cheap renewable electricity is still being sold at inflated gas-linked prices. That is the real con built into the system.
He was already in crypto, had substantial holding and projects in process in GCC for years and many in the pipeline, the jet was free, if a billionaire has done 91m corporate deals his new jobs getting in the way clearly l. Ironically he lost substantial network when he was last President - especially if you compared to the substantial growth all other sitting presidents seem to have amassed. You and Kier Starmer should get together you’d best mates taking about your fantasy world . just another virtual signally pointless post.
Any suggestion that the UAE requires external financial backing misreads the facts. The UAE is one of the world’s most financially resilient economies, underpinned by more than $2T in sovereign investment assets;… (2/5)
This is so far from reality I’m shocked how ridiculous it is.. The UAE and GCc have $5 trillion in sovereign wealth. The UAE has 187% cash on deposit vs GDP and has 25% debt to GDP ratio. Credit swap makes sense that actually helping the US not the other way round. And the Oman part you mentioned is bizarre I think it clear based on the last month how well the UaE has been in protecting its citizens.
@KonstantinKisin The IMF’s 4.5% forecast is a massive outlier that hides a harsh reality: it is a tax on the productive.
Because the burden falls squarely on workers and businesses. By 2031, this shift extracts an extra £126bn. That is roughly £3,700 more per worker, per year than in 2024. Ouch!
The 6th wealthiest country” is a category error. We are the 6th largest economy. By GDP per capita we rank around 25th. Real wages have barely returned to 2008 levels, while the OECD average rose nearly 9% over the same period. Debt stands at 95% of GDP, and we will spend £111 billion this year simply servicing it: more than the defence budget, more than transport, more than housing.
A large income and a large overdraft do not make you wealthy. And a country spending £111 billion a year just to stand still has less room for “different choices” than the slogan suggests. and that without recommending open borders and expanded wellware 🤷🏻