Paul

@JohnCleese Who described the IDF as ‘our heroic soldiers’? The Chief Rabbi for Britain. ‘Our’ ? Why ‘our’? What did he mean?

@SharePickers @PaulaBarkerMP The Truss episode was a pension fund regulatory failure, not a market revolt, and the BoE fixed it at a profit. The bond market is the government’s customer, not its creditor. Read @vincegomez’s piece, it debunks this point by point. vincegomez.com/articles/the-b…

@SharePickers @PaulaBarkerMP You're confusing a currency-issuing sovereign (UK) with a currency-user (household, firm, or EZ member). The UK can’t run out of sterling. The real limit is inflation from real resource constraints, not bond markets.

Apparently @PaulaBarkerMP said that the “Bond markets” will have to fall in line with an Andy Burnham premiership if the Manchester mayor pursues a considerably more left-leaning economic platform. If this quote is true it is incredible how little knowledge these left facing MPs have in regard to the UK’s public finances. Here’s a quick reminder: The UK is in debt to the tune of £2.91 Trillion (approx 93.8% of GDP) This is the total debt. In order to pay off this debt government’s income has to be bigger than its expenditure. It is not. The difference between what it spends and what collects (the deficit) was for the most recent financial year £-132 billion. This means the total debt figure is increasing. So who owns this debt? Around 75% - 85% of this debt is held by: Overseas Investors: 30-35% UK Insurance Companies & Pension Funds: 20-25% Private Financial Institutions & Households: ~25% The other 15% - 20% is held by the Bank of England. The cost of this debt is already significantly higher than those of our peers, including the US, Germany, and France. Why? The UK is seen as a "higher-risk" borrower due to its unique debt structure (inflation-linkers), its energy vulnerability, perceived lack of long-term fiscal stability and lack of growth. What do you think will happen if a new Prime Minister lays out plans to spend more money? Firstly the government would have to issue more bonds, which would create a further sell off. Secondly the deficit would grow and this would likely push up our debt to beyond £2.9 trillion. This means the UK becomes an even bigger lending risk. Banks hold large amounts of government bonds. A massive sell-off reduces their capital buffers, potentially leading to a liquidity crunch where banks stop lending to businesses. An extreme rise in 10-year yields would lead to an immediate and sharp increase in fixed-rate mortgage costs, potentially triggering a housing market crash as affordability evaporates. If investors sell bonds because they fear the government's solvency or the inflationary impact of its spending, they also sell the currency. In an extreme scenario, the Pound could see a "flash crash" or a sustained slide toward parity with the Dollar ($1.00). As the Pound weakens, the cost of importing goods (food, fuel, and raw materials) rises. This creates "cost-push" inflation, which forces the Bank of England to raise interest rates even higher to defend the currency, further hurting the economy. Rapid yield spikes could see Pension funds forced to sell assets at a loss to meet collateral calls, as seen in late 2022. Corporate investment would stall as high borrowing costs and currency volatility make it impossible for businesses to plan, leading to a "capital strike" where investment into the UK stops. In the absolute extreme, the government could lose "market access," meaning it cannot find enough buyers for its debt. This would require an emergency intervention from the Bank of England (printing money to buy bonds) or, in a historic collapse, an IMF bailout. An emergency IMF bailout for the UK—the world’s 6th largest economy and a core G7 member—would be a "black swan" event. Unlike bailouts for smaller emerging markets, a UK crisis would fundamentally shake the global financial architecture. As of early 2026, the global bond market is valued at approximately $140 - $150 trillion bigger than the stock markets of the world and 40 times larger than the UK’s entire economy. I suggest @PaulaBarkerMP that you and the rest of your spend happy colleagues should learn to fall in line with “Bond markets”. It is not wise to poke a bear 40 times bigger than you are. @AndyBurnhamGM cityam.com/bond-markets-m…

Why did they do that? What moral or legal right did they have to do that?

Come on, people, learn how our money system works, don’t rely on “common sense”! Government finances are not like a household. Money is not a scarce commodity, it didn’t arise from barter. Taxation is not for revenue. Markets are not natural. The economy is never in equilibrium

In two years Melanie Ward has gone from protesting outside the Foreign office over the British governments ally using starvation as a weapon of war to Labour MP & Wes Streeting cheerleader.

Democrats don’t deserve to claim this. They fought this guy like hell

Corbyn was an MP for 32 years until he was elected Labour leader in 2015. Number of accusations in the media of antisemitism from 1983-2015 = 0 Number of accusations in the media of antisemitism from 2015-19 = 11,251 Media Lens on how the establishment is revisiting its smear campaign, this time against the Greens, to stop a leftwinger from reaching power: medialens.substack.com/p/starmageddon…

The Health Secretary overseeing the biggest reorganisation of the NHS in a generation has accepted £372,000 from companies and individuals with links to the private health – and the money keeps coming in at a rate of nearly £10,000 a month since he took office.

Just so, and this has implications for more or less the whole system. *A lot* of important people were extremely noisy on We Stand With Israel/Crush The Hate Protests, and if we start recognising the most grave war crimes now, then that (correctly) accuses them all of complicity.

The guy they think will save the Labour Party…

NEW: 🚨 🇮🇱 THE NYT DOUBLES DOWN ON ISRAELI DOG RAPE OF DETAINEES After a Zionist meltdown over Israel being exposed the NYT has reiterated how thoroughly and deeply sourced the claims are. Israel is the only state on earth allowed to run *confirmed* torture dungeons like Sde Teiman. Don’t forget it’s confirmed, by Israel, that they rape prisoners. Confirmed. They even debated it in the Knesset. Why doesn’t anyone ask them to stop? Have you ever wondered about that?

.@AndyBurnhamGM was praised by the Conservatives for how effective he was at privatising the NHS while serving as health secretary And, no, he hasn’t changed. Same suit, same opportunist Labour is dead

Wes Streeting is a monster - like the rest of the genocidal Labour cabinet

As Health Secretary, Wes Streeting deepened the privatisation of our NHS and handed over our data to Palantir, a company involved in genocide. I am sure his friend Peter Mandelson is very proud. Time to reinstate our NHS as a fully public service — and kick Palantir out!

No, it’s not ‘normal’ for humans to be in competition all the time. It’s not normal to work for most of your waking hours of the day. It’s not normal to be stressed 24/7. Stop taking a few hundred years of capitalism and pretending that’s just how being human is. It’s not.

Consensus! Two parliamentarians, Baron Gove of Torry (Tory) and Baroness Hazarika of Coatbridge (Labour), both agree that the march on Saturday commemorating the Nakba & opposing Israels apartheid & genocide, should be banned You might ask, who elected these people? Who indeed.

If evidence was ever needed of a man possessed of ego far exceeding his talent, this resignation letter from @wesstreeting is it.

Zack lives in a HMO and rents a room. Don’t you understand this is normal in London? This is the the result of the entire distorted property market. I swear to god @piersmorgan is so stupid he doesn’t even see how this discredits their entire smear campaign. Totally idiotic

Greens & the Camden Peoples Alliance will form the official opposition to Labour in the Camden Council after Labour’s significant losses in the local elections. Progressive parties working together is the way forward