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Mark

@Rubble2012

High finance, low politics and rogue archaeology. British Gaullist. “This is a niche and disturbing take”

Nearby Katılım Şubat 2012
659 Takip Edilen667 Takipçiler
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Simon French
Simon French@Frencheconomics·
The OBR is not the arbiter here, it will be Gilt markets. If Rayner wants to expand capital spending (for social housing) she will need to show a simultaneous liberation of the supply side of the economy to avoid bond markets pricing in a higher UK inflation premium (notwithstanding the lower clearing price for more Gilt issuance) as it runs into capacity constraints. The problem she has is she is associated with policies that have made the supply side less flexible (Employee Rights Act, Renters Rights Act) - albeit her approach to migration looks more liberal. OBR scoring only holds if creditors believe it.
Steven Swinford@Steven_Swinford

Exclusive from @breeallegretti Angela Rayner has privately criticised the OBR and suggested that Labour has 'over-corrected' in the wake of the Tories In a private call with City investors organised by BNP Paribas she said that the official forecaster had failed to recognise the benefits of increased public spending Rayner attacked the scoring methodology used by the OBR, which measures the expected cost and growth gains of government policies to calculate the amount of fiscal headroom, based on the chancellor’s rules She said that the government's drive to build more social housing was considered a cost without any recognition of the social benefits She argued that the OBR is 'preventing' the government from greater public spending because it 'doesn't account for the returns' properly Expect this to be a growing fault line as the elections in May approach thetimes.com/uk/politics/ar…

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Malcontent News
Malcontent News@MalcontentmentT·
Correct - and it kind of sucked in its first iterations. And I love me the F-111 Aardvark. Fun fact: Originally meant for the Navy, the landing gear door/speed break combo, size, and forward visibility were issues. Some of the first production USAF planes were delivered with functional arresting hooks.
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Mark@Rubble2012·
@SkyNews Oh another ban, of course
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Hassan I. Hassan
Hassan I. Hassan@hxhassan·
I’m convinced most officials & specialists are too immersed in the moment to realize a certain basic fact about why Iran is striking the Gulf. When Iran was fighting in Syria & Iraq, its field commanders & their proxies (and their ecosystems in countries of Iranian influence) always promised that the next battle would be in the Gulf. This was conveyed, explicitly or otherwise, by Qassem Soleimani and allies like Abu Mahdi Al-Muhandis, Hassan Nasrallah and the Assad regime. It was part of a doctrine guiding Iran’s regional strategy, not mere passing comments. (The same language that Israel began using against regional countries only recently. “Qatar is next” or “Turkey is the new Iran” etc. Iran has used that language for many years.) Now, Gulf countries look at Iran and wonder: Why is Iran hitting us when we tried to talk Trump out of striking it? Iran knows we tried our best. Iran’s action is understandable if it targeted the UAE and Saudi Arabia, but why mediators like Qatar? Yes we have US bases, yes we can scream at the US, but it still makes little sense, even from a basic divide-and-conquer strategy. But Iran sees this war as having begun at least a decade or so ago, and the Gulf states played a vital role in getting Iran to where it is today. The Gulf is the problem, not just Israel or the US. Strategically reckless, but that is the plain IRGC logic. This is clear if those officials had followed the rhetoric over the last 1-2 decades and the nitty-gritty behavior of Iran on a ground level outside Iran.
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unusual_whales
unusual_whales@unusual_whales·
US detects drones over base where Rubio, Hegseth live, per Washington Post
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Shashank Joshi
Shashank Joshi@shashj·
"The UK may be uniquely embarrassed by the timing of this conflict. It spent decades maintaining a naval presence in the Gulf, which until recently included a frigate, four mine-countermeasures vessels that were considered a ‘crown jewel’ capability, and an auxiliary mother ship. None of these remain" iiss.org/online-analysi…
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Brandon Weichert
Brandon Weichert@WeTheBrandon·
Rheinmetall CEO confirms my reporting. All stockpiles in Europe, the Mideast, and US are basically empty. Cannibalization of INDOPACOM Arsenal, which began a little bit last week, will begin in earnest. It will take years, if ever, to recover. Moscow and Beijing know this.
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Mark@Rubble2012·
@FennellJW This is a useful wake up call to Whitehall and Westminster
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Ben Obese-Jecty MP
Ben Obese-Jecty MP@BenObeseJecty·
What would leave a Type-45 destroyer as a “sitting duck” would be if it, for example, had engines that didn’t work. It was Geoff Hoon who in 2000 under the last Labour Government took the decision to equip them with the ill-fated WR21 engines. Labour then halved the number of ships from 12 to 6, so we had fewer ships, all with unreliable engines. The £160 million Power Improvement Project is still rectifying that decision today. HMS Duncan still hasn’t had her engines replaced. The HMS Dragon farrago can be traced all the way back to Hoon.
LBC@LBC

'This would double the risk to the West.' Defence Secretary under Tony Blair, Geoff Hoon, says that sending a British warship to the Strait of Hormuz would leave it as a 'sitting duck'.

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Mark@Rubble2012·
@APHClarkson I'm starting a one-man campaign to resurrect the WEU
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Alexander Clarkson 
Alexander Clarkson @APHClarkson·
The "we'd stomp you Euros" jingoism on this from the same MAGA accounts that only 5 minutes earlier demand that Euros provide more bases and ships that Trump needs for his war on Iran is a further datapoint for how NATO is not sustainable in its current form
Shashank Joshi@shashj

Remarkable story from Denmark's nat'l broadcaster. "When Danish soldiers were flown to Greenland in January...they brought explosives so they could destroy, among other things, the runways in Nuuk & Kangerlussuaq [to] prevent US mil aircraft from landing" dr.dk/nyheder/indlan…

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Lord Walney
Lord Walney@LordWalney·
I’m not convinced Muslim prayer in Trafalgar Square is an act of dominance. Islam is hardly unique in considering itself the one true religion.. But the fact the PM thinks Nick Timothy should be sacked undermines the claim we are all free to criticise Islam despite the new anti-Muslim hostility definition.
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Alex Wickham
Alex Wickham@alexwickham·
Brent crude rises to $118 a barrel and European gas futures surge as much as 35%, as the war escalates and Trump suggests he’s at odds with Israel over strikes on Iranian energy
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Mark@Rubble2012·
@FTusa284 WEU: your time is here at last
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Mark@Rubble2012·
@LapGong From a kids tv show called UFO
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