Sunday, 16 February 2025

While Rachel Reeves struggles to keep the boat afloat, Keir Starmer is keeping his eyes off the ball

 

The British economy is heading towards the rocks, Rachel Reeves is seeing a financial cushion evaporating, making the three bad options available as a threat.

Regardless of the what the Bank of England does or does not do, investors might have different ideas. Would you put your monies on the Titanic?

So what next? More taxes, more borrowing or more cuts of public services or a combination of the three.

This at a time when the Prime Minister might be talking about forcefully increasing expenditure in defense. Well, if the theoretical conflict is imminent, time ran out a long time ago. What is the reality of British military strength? A few nuclear bombs that Britain cannot use for fear of retaliation against all British cities. When it comes to conventional warfare, Britain is absolutely naked.  

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