45p tax rate cut live: Tory blame game erupts with Treasury minister Chris Philp insisting that axing 45% tax cut was ‘not my idea’ as pound surges before falling back as Kwasi Kwarteng says he has not considered resigning

by Boo_Randy The UK’s political class, like our own, has one objective: to concentrate all wealth and power in the hands of their oligarch and corporate pimps and puppetmasters. As these vampires turn the economy into an empty looted husk, …

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Martin Lewis demands Government DELETES ‘irresponsible’ tweet suggesting first-time buyers in London on a £30,000 salary can buy a £500,000 terraced home

by Boo_Randy Captured governments working hand in glove with their bankster pimps to lure gullible sheeple into a lifetime of debt servitude. First-time buyers who sign on Mr. Banker’s dotted line for insanely overpriced houses (f**k you, central banker scum) …

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CS credit risk has spiked to record highs this morning, topping 280bps at one point – basically disallowing the company from any investment banking business… $46 BILLION in securities with agreements to resell. RIP

by Boo_Randy 2/ CDS are a bit hard to understand, so instead I'll focus on the bonds. The 2025 Credit Suisse bonds pictured below trade at 6.4%. Compare this, for example to Ukraine 2025 debt trading at 67%. Talking about …

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SP500 2023 earnings estimates continue to decline; Global manufacturing bellwethers Korea and Taiwan stockmarkets breaking further lower

pic.twitter.com/GtRGjPM5Nk — Michael J. Kramer (@MichaelMOTTCM) October 3, 2022 Global manufacturing bellwethers Korea and Taiwan stockmarkets breaking further lower pic.twitter.com/CxXayGGmM3 — Topdown Charts (@topdowncharts) October 3, 2022 Ocean freight orders are signaling a big drop in consumer demand