@jespow Sounds to an outsider like a 'lament for the greater fools' (inc the standard descant 'blaming the regulator')

By your own admission they should have been more careful and not trusted these people who showed who and what they were

Is that not 1.01 definition of 'greater fool' ? @jespow I wish the technology and honest hard working people in crypto no ill will or harm but has been so obvious for so long that crypto was/is stuffed with (how did you put it) reckless greedy self-interested hubristic sociopaths preying on vulnerable/gullible/desperate/greedy fools

Who really runs this country now ?

@Conservatives #Ready4Rishi & #Hunt call for tax increases and spending cuts which risk causing a spiralling recession plus worse 'austerity' than under Cameron & Osborne is all driven by an entirely arbitrary figure conjured up by the #OBR namely the £60 Bn 'black hole'

But ..

@Noelasnia @Louiseaileen70 Those that do not understand the past are fated to repeat it

Media made entire narrative about the mini-budget (they are piling in on govt) whereas reality is that there were multiple factors involved in the UK bond crisis

EG BoE must address the factors it was responsible for @Noelasnia @Louiseaileen70 Not least BoE were warned five years ago about LDIs

Now you can call that a backward facing argument, but that does not change the fact that this issue (similar to sub-prime mortgage derivatives in 2007/8) needs to be fixed

Watching the German government Covid press conference ...

will be interesting to see what questions the German media ask compared to what the UK media ask Boris

facebook.com/watch/live/?v=… First point German Health Minister makes is anti-Covid measures are like taking antibiotics

One has to complete the full course

To stop taking the measures when things just start to get better risks strengthening the disease rather than stopping it

Measures must continue