Rex Hope

Rehabilitated.
Reinvigorated.
Reassimilated.

Pronouns - LOL/WTF

[Rex Hope @The_New_Rex]

@andyburnham

[Rex Hope @The_New_Rex]

@jodymcintyre_

[Guido Fawkes @GuidoFawkes]

IN FULL: Top Ten Constituencies With Highest Annual Benefit Spending https://t.co/ItSh7EZpQQ

[Rex Hope @The_New_Rex]

@DavidPGCSE Geoff Capes

[Rex Hope @The_New_Rex]

@WarMonitor3 Mid Terms 3 November. After that who knows...

[Rex Hope @The_New_Rex]

@GBPolitcs

[Guido Fawkes @GuidoFawkes]

Rayner Took £20,000 From Estate Agent Qualification Seller Weeks Before Making Qualifications Compulsory https://t.co/QMEEqeF4Ny

[Rex Hope @The_New_Rex]

@LiamHalligan

[Liam Halligan @LiamHalligan]

“The fasten seat belts sign is on”.

This is a message I received early this morning from one of the UK’s most experienced, savvy and respected financial traders. Someone I have come to know and trust for the last 25 years.

10-year bond yields are now almost 4.5pc - up some 50 basis points over the last month.

30-year yields this morning went above 6pc - a 28-year high.

Yet the UK’s political and media class continues to focus on party posturing and folksy rhetoric, ignoring the slow-motion disaster that has been happening on the UK’s sovereign bond markets for at least the last 18 months - a disaster that will inevitably, unless we drastically change course, turn into a fully blown market meltdown.

At that point, the UK government won’t be able to borrow enough money to finance our already spiralling debt interest bill.

Britain’s financial management will be taken over by overseas technocrats - that will be the condition of additional borrowing, to maintain the basic functions of the state, as happened in Greece and Italy back in the early 2010s and here in Britain 50 years ago this year (when we were forced in 1976 to apply to the IMF for a bailout).

The austerity then imposed on Britain would make 2010-2019 feel like a picnic - far, far worse than it would be if we took serious action now to control our public finances.

Lower-income households would suffer most - and there would be serious damage done to the UK’s already rapidly-fraying social fabric ….

I have been warning about these looking fiscal dangers publicly, in my newspaper columns and elsewhere, since at least early 2024.

Doing so hasn’t been easy or fun. I have been dismissed and derided by numerous economists, “economists”, officials and policymakers - as well as lots of journalists.

I absolutely don’t want a disastrous 1976-style outcome - which is why I’ve taken the blows and issued the warnings.

The state is too big. Public spending is out of control. Our fiscal rules are a convenient nonsense - designed to kick the can of financial reality into the future. We need to get real … and take bold action to tame the growth of spending, push back a now totally over-bearing state and snap the British economy out of today’s high-tax-high-borrowing-low-growth doom loop - the result of myopic, counter-productive policy-making by successive governments for the last decade and more …

Other prominent economists who agree with me - ie who are financially-literate, can read a yield curve, have a passing interest in economic history and who understand the dangers of some 80pc of UK government borrowing going on debt interest as it currently is - need to chuck “career risk” in the bin, and start saying publicly what so many of them have, for quite a while now, only had the bottle to say to me in private …

Remember: “The fasten seat belts sign is on”

[Rex Hope @The_New_Rex]

@bellacaledonia

[Rex Hope @The_New_Rex]

@balconyshirts

[Rex Hope @The_New_Rex]

@MrHarryCole

[PoliticalPics @PoliticalPics]

Louise Haigh spoke to the Observer about why being a politician is more frightening than being a police officer. You just couldn’t make this up, as she pleaded guilty to fraud and was convicted she could not be a police officer. Only in the UK she can be sec of state.

[Rex Hope @The_New_Rex]

@NavyLookout @RN_DTXG

[Rex Hope @The_New_Rex]

@larisamlbrown

[Rex Hope @The_New_Rex]

@RestoreVets

[The Nowhere Photographer @thenowherephoto]

Favour please 🙏🙏

I’d love for every single person who supports me to quote post the post below

Not for me but for the uk

I honestly believe it could turn the tide of the conversation and wake up the sleeping masses of the uk

[Restore Armed Forces Veterans @RestoreVets]

🌹Don't Let Our Brother Go Alone:

The RAF veteran with no known family who needs a final salute
Care home staff are asking the Lancashire community to attend his funeral

Final Call to Arms:

Accrington RAF veteran needs a fitting send off
Care home staff are appealing to the public to ensure a dedicated armed forces veteran receives an honourable send off.

Veteran, Ian, who spent years collecting poppies for the Royal British Legion (RBL) has passed away, and his care home team is appealing to the Lancashire community to give him the honourable send off he deserves.
The veteran, who served with the RAF and had Parachute Regiment connections, passed away peacefully on August 31.

Having spent his retirement actively supporting fellow service members, he leaves behind no known surviving family or next of kin.

Care home staff arranging his funeral are calling on local military organisations, veterans, standard bearers, and members of the public to stand in as his family for one final salute.

A funeral will take place on Thursday, September 24, at 3pm, at Accrington Crematorium, Burnley Road, Accrington.

Anyone wishing to pay their respects, line the route, or provide formal military representation is warmly invited to attend.

🙏🏻Please share

🫡🇬🇧

#Veterans #Lancashire #RBL

[Rex Hope @The_New_Rex]

@DaleVince

[Jerome Starkey @jeromestarkey]

One of the Arnhem jumpers was carrying his father’s ashes. He had promised him one last jump.
Both men Para Reg veterans.