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We laid out plans for the multipolar world years ago and have been detailing all the major developments since then, including the ongoing demise of unipolarity.

thesiriusreport
thesiriusreport The Sirius Report @thesiriusreport ·
6h

So Truss is apparently to hold emergency talks with the Office for Budget Responsibility (OBR) in relation to the UK's public finances.

Reply on Twitter 1575584933476646913 Retweet on Twitter 1575584933476646913 39 Like on Twitter 1575584933476646913 271 Twitter 1575584933476646913
thesiriusreport The Sirius Report @thesiriusreport ·
6h

Fiscal discipline 😂😂😂

Liz Truss @trussliz

We are facing difficult economic times globally.

We must put this country on a trajectory for long-term growth whilst maintaining fiscal discipline.

Cutting taxes will boost investment, creating jobs and opportunities for all.

That is what our Growth Plan will deliver.
Reply on Twitter 1575582620351885312 Retweet on Twitter 1575582620351885312 12 Like on Twitter 1575582620351885312 153 Twitter 1575582620351885312
thesiriusreport The Sirius Report @thesiriusreport ·
8h

Truss: We are in a highly serious situation.

Yep caused by your government's ludicrous policy decisions.

Reply on Twitter 1575559007070486528 Retweet on Twitter 1575559007070486528 155 Like on Twitter 1575559007070486528 1067 Twitter 1575559007070486528
thesiriusreport The Sirius Report @thesiriusreport ·
14h

Italy winning again:

Italy August PPI 50.5 y/y versus previous 45.9%

Reply on Twitter 1575464716788547590 Retweet on Twitter 1575464716788547590 53 Like on Twitter 1575464716788547590 348 Twitter 1575464716788547590
thesiriusreport The Sirius Report @thesiriusreport ·
14h

Raising rates is going to compound the very problem with gilts that caused the BoE to resort to QE in this instance.

UK has raised rates 7 times already and the pound has continually fallen against the dollar. It will also compound balance of payments deficits, impacting pound.

Nouriel Roubini @Nouriel

BoE resuming QE through the back door when it should instead raise rates to stem the weakening of the pound. UK starting to look like Turkey and other unorthodox EM with totally wrong policy mix: fiscal and monetary easing
Reply on Twitter 1575457659930775553 Retweet on Twitter 1575457659930775553 22 Like on Twitter 1575457659930775553 146 Twitter 1575457659930775553
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  • bob: this is the stupidest thing I've read today
  • Mike Hardwicke: Totally agree. I believe that undergraduate Economics courses only teach Keynes and MMT? Whilst I'm not an economist by background…
  • Raymond: Because that's how the system keeps poor people poor.

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