Is Rishi Sunak on his way out?
Please excuse me for not
posting regularly. The basic explanation is that I do try improve the service
and I’m delayed by the server admin. Me believes come with the actual
improvement which in reality become just small step
forward.
Upon Jeremy Hunt expression made
Sunday the 3 March 2024 on BBCs with Laura Kuenssberg
“It’s going to be a prudent and
responsible Budget for long term growth” on May 15 2024 He Jeremy Hunt has
posted on twitter “With strong GDP
growth and inflation dropping significantly, the UK is open for business and we
continue to attract the most promising, global
businesses”.
Let
me digest it for a second!
Currently as two years at Downing
Street UK of GB ended in recession at the end 2023 under the Gov run by those
two-bunco artists as Rishi Sunak and Jeremy Hunt ... then … Logically case
taking this will be the basic meaning for the statement of UK Chancellor J Hunt “It’s going to be a prudent and responsible
Budget for long term growth” Rishi Sunak added on May 13 2024 “There are storms ahead. The dangers are all
too real. But with bold action and a clear plan we can and we will create a more
secure future” Referring to first quarter 2024 as of UK GDP growth at 0.6%.
(For details click on the image to the
left)
First
of all, there is no growth in the UK in the first quarter of
2024. It just
numbers manipulation made by those two bunco artists Rishi Sunak as UK PM and
Jeremy Hunt as UK Chancellor.
In
economy there are numbers of measures that allowed for the government agencies
to determined its status and plan for the future. Among these measures there is
Nominal GDP as per
the image to the left reflect 1.2% in positive territory. This means that the rise in prices as
opposed to UK GDP as growth in the number of goods and services produced. (Basically
inflation) If all prices rise more together, known as inflation, then
this will make nominal GDP appear in positive territory as in 1Q
2024 it is 1.2%. Real UK GDP is half of this as 0.6% what means that the all UK
GDP growth is just inflation-based price rise taken down by real UK GDP
reflecting the rise in prices known as CPI index.
We
are as UK of GB still in 2024 recession.
All UK Parliaments can’t pick up
this distortion impose on UK Parliament members as fools described by Moliere
and follow those two bunco artists at 10 and 11 Downing Street mind manipulation
ignoring basic principles expressed by Rishi Sunak twitter post. (see image to the right)
What he is talking about apply to
debt servicing upon UK growth machine inability to deliver its needs as expenses
to be covered on taxes revenue. While
servicing the UK National DEBT do growth and almost all austerity were
implemented by reducing UK Defense spending, cutting police forces, education,
NHS etcetera in the next five years there will be no money for Government
expenses at all.
So, the facts are the facts … If the
UK gov does not have the DEBT headroom and it cannot borrow on market by selling
UK Gilts as BOND necessary to fund UK Budget.
What the Gov then can do? Start to
talk with people who not just have the necessary knowledge but also have
necessary understanding of the circumstance of the issue. And since those
two-bunco artists are not in intention we have to look around to find out the
necessary solution.
But Albert Einstein said; the law of
mathematic refer to reality but is uncertain. So, if you want to be certain you
must admit that, Jeremy Hunt is
wrong: Additionally, to that … “Mr. Hunt
signaled that extra spending on the military first needed to be underpinned by a
strong economy” if ever!
Based on the above I can ensure all
of you that if UK of GB want to get out of this quagmire, we have to get rid of
these two-bunco-artists as Rishi Sunak and Jeremy Hunt out of the Downing
Street.
We
can afford 18% pay raise for trade Unions no question about it, we also can
afford to provide for the UK Defense department more than £50bn this year,
either some of you come out with strong believe that we can’t afford
it. The question
rather be for how long we can afford it. In that case you have to consider all
world as debt crisis, and do not forget that.
The
seldom solution is very simple as convert the current debt to liquidity. Let the
liquidity to boost the market upon growth restoration in GDP, with elimination
of the bust part in the boost and bust circle. So, get Ben Wallace in the PM
office we sit-down and talk.
By Peter von
Roggenhausen May 16 2024
Ps. I’m very
sorry for the slow action on posting the news; The reason as usually if the
fund. We so far did not receive any single penny or red cents in donation. This
means that our expenses are covered from the fund we have and loan we have
obtain. I have heard some rumors about the donation you have made to US but I
can ensure you that such never get to US. So, since we do not accept rumors if
you have made any donation ask your band as where it get to? Because we have not
received it. Or you can send to US a copy of the donation and we will trace it
on your behalf.
Oh. Well, as the
people saying “Money talks” … so if we had had the necessary fund, you will have
the right information at the right time.
