shill85.bsky.social
@shill85.bsky.social
Reposted
Hedge fund chief says UK stuck in ‘debt doom loop’.

Silence about corporate debt, abuses, tax dodges; impact of PFI, privatisations on public debt.

Post-war UK reconstructed with debt of 270% of GDP; rich taxed more, led to boom, debt eventually down to 22%.

We need to be saved from neoliberalism
UK is stuck in a ‘debt doom loop’, says top investor
Hedge fund chief Ray Dalio warns over public finances, saying Britain will be forced into spending cuts and tax rises
www.theguardian.com
July 28, 2025 at 10:36 AM
Reposted
Starmer/Reeves should prepare UK for wealth tax, say top economists.

Long overdue.

Top 1% have more wealth than 70% of population combined.

Laws bent to help the rich - privatisations, PFI, corporate subsidies, capital gains and dividends taxed at lower rates than wages, unchecked profiteering.
Starmer and Reeves should prepare UK for wealth tax, say top economists
PM could raise ‘tens of billions’ while positioning Britain as progressive, say Thomas Piketty and others
www.theguardian.com
July 28, 2025 at 4:47 PM
Reposted
The world is 700% richer than in 1970 but the average person is only 8% richer.

Because the richest 0.01% are 4000% richer.

We are all being robbed every second of every day, and it doesn't matter how much profit or growth there is.

It will never reach you.
March 9, 2025 at 11:33 AM
Reposted
Israel is starving Palestinians in Gaza because Israel has broken the Ceasefire treaty and refused to start withdrawing their troops from Gaza.

Blocking Humanitarian Aid and starving people is a War Crime, but you won't hear any of the Media reporting it.
March 2, 2025 at 7:39 PM
Reposted
Most money for US aid to Ukraine went to US manufacturers. It is literally American industry, and part of the funding was for expanding US industrial capacity.
It's next level lying. Lies wrapped in lies, stacked in a pile of BS. Reality inverting lies. Piss-on-my-leg-and-tell-me-it's-raining lying.
Vance has, for years, used this technique where he mischaracterizes the position of his opponents by taking it to an extreme that they never advocated, then arguing w/that fictitious position. Supporters don’t want “permanent” shipments, nor did we advocate de-industrialization.
March 2, 2025 at 7:22 PM
Reposted
Trump, Vance & others either have forgotten or never knew that Zelensky signed a ceasefire agreement with Putin in 2019. Three years later, Putin launched his full-scale invasion. So, signing another ceasefire with no security guarantees feels like suicide for Ukrainians.
March 2, 2025 at 7:08 PM
Reposted
“If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.”

A classic quote from Malcolm X, who was assassinated 60 years ago today.
February 22, 2025 at 4:50 AM
Reposted
New billboard in Clacton, Farage’s constituency. He’s still the UK’s #1 grifter. No other MP takes more from second jobs while being employed to represent their constituents in Parliament
February 19, 2025 at 7:23 PM
Reposted
Donald Trump has cancelled the $35 a month Insulin cap.

Prices are expected to almost instantly go back to $1500 a month.

Insulin costs $2 to make.
January 22, 2025 at 12:38 PM