This ‘trader of government debt’ tells James O’Brien: ‘From a financial market point of view

16 thoughts on “This ‘trader of government debt’ tells James O’Brien: ‘From a financial market point of view”

1. Scotland must do better. For a start, we must not just meet EU membership requirements. We must work hard and smart to exceed them. We are done with Offshore banking tax crime and insider trading, treating the Stock Market as a personal fruit machine that they will always win on with government minister insider knowledge.

2. The only issue of importance is what happened at the champagne party at the Tory party donors house attended by Hedge Fund managers. Everything else including the U turn is simply a distraction. This meeting on the surface appears to be a celebration on enriching themselves by destroying the countries economy. There appears to be no other plausable explanation, and so far we have not had any explanation that merits any credibility.

3. Fun and educational thank You

4. Dont let this guy go. I want to hear more from him.

5. Surly it can’t be impossible to find out which companies in London made the most money 💰 from these decisions made by the chancellor Kwartang ‘ the paper trail will lead back to people like him in power’ oh yes Tories again’ how strange’
   And as for the Torie conference in Birmingham I think 💭 it should’ve been held at the Opollo theatre in London’ comedy show 😅 surly ?

   1. Was Bank of London bought back so save pensions and stability are just For now are not end well this 🤔

6. What a crap system to base the nation’s finances on. lt’s like building a house on sand and then expressing horror when cracks start appearing in the walls. Absolute madness.

7. Its the fact they announced this bs without the obr. This sends a message that they are ripping up the norms of good governance and acting like a dictatorship.

8. It’s obvious that the same people who caused the financial crash of 2008 are doing the same thing with the £. They got their muppet PM in who will do anything she is told, and they’ll make a fortune. But you know with Companies that are shorted they don’t last they don’t recover- they’re dead. So I wonder if ever this behaviour which has enriched so few at the expense of literal nations of people and deaths no doubt will result in them being held accountable- their riches stripped from them??

9. We know why she won the Tory Party leadership, because the party membership preferred Liz (she’s white) who promised “economic fairytales” while Rishi (Anglo Asian) was a candidate they couldn’t accept though he impressively achieved 60399 votes compared to Truss’ 81326. He stated what would happen cause he has real world experience of the financial markets plus has friends who are as smart or smarter who work in the markets and not just academic economists who spout economic theoretical nonsense which just don’t work. Sunak has been been proven to be right.

   Now when the letters go to Sir Graham Brady cause Truss has effectively stirred the wrath of Tory MPs who didn’t want her in the first place, will Sunak still be motivated to taking the Tory leadership, despite the fact a significant majority of the party members NOT wanting him?

10. This just sounded like an Expert who knows what he is talking about. Not someone we should be listening to, in the new creed of our English Nationalist Europhobic Government. They “know”, they do not need to consult. A wise Manager has Doubting Thomas, a Devil’s Advocate and a person who proposes alternatives. There is no wisdom in our government.

11. Well I just trade currencies to earn a bit of extra cash – and even I cleaned up on the days following that Mini budget.

12. “The chancellor is friends with hedge fund managers…” who, we should remember, profited handsomely from his actions!

13. Let’s be honest….Small time financial gangsters with powerful Tory connections (kwasi) hustling in on the game usual played by big time financial crooks! The tories did not reverse course because they suddenly grew a conscience….. They reversed course because firstly they had made their money and two bigger and meaner financial gangsters told them to!

14. People do what they know how to do. Liz Truss and Kwasi Kwarteng have been promoted beyond the limits of their competence. They did not fully understand the consequences of what they were doing, and perhaps need to be more sceptical of what they areadvised by their backers to do. Because right now, they just look and behave like clueless marks of much more knowledgable disaster capitalist grifters. All my working life, I’ve seen this cycle repeat in the privatised industries where debt has been used to extract value from firms, and those firms eventually crash and its left to consumers and taxpayer to clean up up the mess. Brexit was the gateway drug to allow the grifters into the biggest public firm, the state. It’s given them power to load the country with debt, and extract money from it. And Truss and Kwarteng, blinded by arrogance, ambition, and probably entitlement, if not greed, were the patsies that gave them the key to the public kitty, by given them the opportunity to short Sterling, and Gilts. Their donors set them and the British Electorate up for a swindle so big, that our grandchildren will be paying for it into the future and beyond.

15. They’re collapsing the pound to make it easier for the Americans to buy our assets. 500 billion’s worth of assets.

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