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   Aral Balkan (aral@mastodon.ar.al)'s status on Saturday, 28-Dec-2024 18:52:21 JST Aral Balkan

   in reply to

   • Emeritus Prof Christopher May
   • HarriettMB

   @ChrisMayLA6 @HarriettMB There’s nothing naïve about it. Neoliberals know exactly what they’re doing. Starmer knew exactly what he was doing when he was politically assassinating Jeremy Corbyn and praising Margaret Thatcher. Just as he knows exactly what he’s doing when turning a blind eye to Israel’s genocide, furthering austerity and privatisation, and cosying up to fascists.

   • Embed this notice
     Emeritus Prof Christopher May (chrismayla6@zirk.us)'s status on Saturday, 28-Dec-2024 18:52:22 JST Emeritus Prof Christopher May

     in reply to

     • HarriettMB

     @HarriettMB

     I fear you may be right; I have a growing suspicion that the real problem with the current Labour government is a form of naive parochialism; they seem unwilling (our perhaps unable) to look at the bigger picture rot see the threat(s) that this involves... (see my next post, on four years of Trump II)

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     HarriettMB (harriettmb@beige.party)'s status on Saturday, 28-Dec-2024 18:52:23 JST HarriettMB

     in reply to

     • Emeritus Prof Christopher May

     @ChrisMayLA6 I fear this Labour government under Starmer is too close to the USA with Trump as POTUS, and will cause irreparable harm to the UK [and surrounding countries]. That Farage is also platforming Trump and offered a lot of money by Musk isn’t helping. I think Starmer is hoping some of this largesse will come Labour [his] way. Nothing is suggesting to me that Starmer’s Labour are governing for the good of the country; and everything is suggesting they are governing to line their own pockets. Trump and his billionaires won’t care - they see an easy mark to gain more wealth, and more control.

   • Embed this notice
     Emeritus Prof Christopher May (chrismayla6@zirk.us)'s status on Saturday, 28-Dec-2024 18:52:25 JST Emeritus Prof Christopher May

     If you're interested in investing you'll have read a lot about the exodus from the FTSE & moves to list shares in New York; another indicator of the UKs' decline?

     Well not necessarily:

     as Stuart Kirk (FT) observes:

     'Forget liquidity & regulation & the like. The reason British companies are flocking to US exchanges is because they trade at higher earnings multiples &hence their senior executives (& their bankers) will be richer'!

     So, not a good reason to change policy Rachel!

     #investment