Comments by "Greg Greg" (@SlowhandGreg) on "Pension ‘megafunds’ to be created to boost investment" video.

Generic Renewable investment has a positive economic multiplier if you add mass storage as well that saving goes up by a huge margin. Input energy for renewables = free Gas is subject to extraction, processing and transport costs as well as inflation, at the moment were paying Shell and BP to extract due to large subsidies
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@andrewturner6642 There not massively subsidised at all dunno where you got that from. The cost per kwh became on par with Gas Generation back in 2020. and there not as unreliable as you think we just don't have mass storage to take advantage of the fact most are always on. There here now, the 1st country to fully take advantage of cheap power by investing in the grid infrastructure has a huge commercial advantage.
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How can you loose infrastructure? By the way Truss wiped out 425 billion in value off pensions = 24% in just a few weeks
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@Lorgar64 we have the lowest tax base of European developed countries even after Labour's tax hikes. The mini budget had 42 billion in unfunded tax cuts as well as 72 billion in Energy Subsides giving a total of 114 billion in unfunded borrowing. Markets don't like unfunded borrowing Thatcher did it by wasting our oil legacy and asset stripping for a once in a generation effect.
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@alanbeattie636 This was not the case in 2010 The Tories have spent 14 years suppressing public pay as well as not regulating GiG workers and importing cheap labour to cover the cracks in the process creating a low wage economy. In 2010 our gdp per Capita was 50k it's now 45k
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@Lorgar64 How do you know the tax cuts would improve the economy? Are you an economist? Every major study has shown they don't pay for themselves with additional growth. Generic tax cuts as Truss proposed have an economic multiplier of around 0.2 loosing the Treasury 80p in the £1
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@Lorgar64 Q - Why have we been stuck in decline? A - Thatcherism at the point we should have invested in infrastructure she p1ssed oil money up the wall on tax cuts. Every Tory administration has tried it since but failed due to no oil money and not enough public assets left to strip.
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It's for infrastructure
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So Brexit = failure Visa system he proposed = Failure He supported Liz Truss economic policy - Failure How exactly does that work?
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There talking about national infrastructure investment guaranteed by government
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It depends what there investing in, I'm guessing these will be trusts and work as a normal pension investor but getting a return on capital projects
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