That nothing politically exists in isolation to events in the world is obvious.

That the Bank bought bonds to protect pension funds as a consequence of the markets losing confidence in the UK economy was not their responsibility. It was their duty.

That the two are connected doesn't shift the blame.

Truss had a meeting with the Chairman of the Party, and the Chairman of the 22 Committee just an hour before she resigned. Who took the decision is unknown, but until then she showed no signs that her position was untenable.

I also believe that Hunt was shoehorned in by the Party. Hunt is not a natural partner of Truss and she had blanked all of those on the centre right until then and shown no political wisdom at all. So yes, I think the Party gave her the nod.

For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally.

While this is a slight deviation but seeing as we have referred to the inevitable intermeshing and control of the finance world with the political (which I argue happens all the time but you saw here as you did before with Greece) I'd like to highlight this small speech by Geoffery Bloom, given some years ago when Ukip were in the EU parliament.

Some background....Bloom was a financial economist and became a director of an investment company.

[Tweet Link]

Edited by Stirlingsays (23 Oct 2022 1.37pm)

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

And the reason that central bankers didn't and won't go to prison for any of the prior and present disasters that have infected the financial and thus the everyday world is because to do so would implicate the political world alongside with them as hand in glove.

It's the same reason we don't get to see the Epstein island client list and who did what there....real power has no need for votes and no need to advertise.

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

Bump me up please mods- the people need to know the trurh-I will NOT be silenced!

Mods, my phone is ringing off the hook, my followers who hang on to my every word need to make money before the book closes- please bump me yp- CP NEWS will NOT be silenced!

I heard on the radio yesterday that before brexit- britain had 90% of the economy of Germany- today its 70 %, britain isn"t working!