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Perfectly summarised by the CalMac ferry fiasco. Technology evolves so quickly rushing to use today's solutions for 2050 is effectively using 25 year old technology.
Keith provided a link for this guy on the Manchester Airport thread, he's interesting in that as a barrister he fully aware of what he can say and often has a real insight into how things are in society as well as the law, Here he is on politics today:
The plan seems to be to raise taxes like IHT and Capital Gains and maybe on Non-Doms etc. whilst changing the rules to borrow more. There a realistic risk here, if the tax income does not increase as planned, the very rich can work their way around these increases, and if growth is slow then the cost of borrowing increases as bond rates will go up as confidence is lost in the money markets and we will have a slow burn Liz Truss effect.
With all that is happening in the World having some gold makes a lot of sense right now.
The proposed £86,0000 contribution limit on care home fees has been scrapped today. That'll save a £1 Billion a year or rather cost the population £1Billion.
The number of private landlords selling up is increasing and fewer are joining the market, shrinking the private sector rental stock. So the consequences of making if difficult for both good and bad landlords is a reduction in rental properties which are being sold into private ownership reducing the stock and pushing up rents, making it difficult for more people who can not buy. All landlords are bar stewards is part of the populist narrative and is now making things difficult for those who need to rent.
No rainbow laces, gesture politics or human rights for him to claim the moral high ground. His talisman for inequality has taken to crashing Rolls Royces, hiring Lear jets to go on the piss and carrying £10,000 in cash. His right back seems to be trying to solve the UK birth rate issue singlehandedly and even the normal sources of diversion such are squabbling WAGS and hooligan supporters are quiet. Lineker has decided there is more mileage in being critical. Unless Harry Cane starts to transition or Declan Rice changes his pronouns Southgate will be forced to talk about football. But hold on.........the fans are not happy and that's upsetting some of the very sensitive underperforming multi millionaires.
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