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MeTube - tacticalvote co uk
Richard J Murphy
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Comments by "MeTube - tacticalvote co uk" (@OneAndOnlyMe) on "Richard J Murphy" channel.
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America is not going to "fall" in just four years of Trump presidency. People are overreacting.
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Some might argue that some public services are a luxury.
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The world cannot change overnight. His ideas and strategies are too radical. Change happens gradually, inter-generationally. Problem is people want things sorted in their lifetime, which is kind of a pointless way to go about life.
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I'm happy for Labour to try unproven strategies and think outside of the establishment box. I think Richard is overlooking that Net Zero is not just about one or two technologies (CCS, nuclear). It's also about emerging technologies (greener fuels, more efficient power consumption), and change in consumer habits (driven by global policies). Most UK homes now have insulation, insulating the rest won't make a huge impact. Solar panels are worth doing but it's still expensive and the payback can take up to a decade by which time many people may have moved home, and so they don't see it as worthwhile.
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MAGA cult would say "He's already delivered"
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Businesses need to raise capital to grow. People are happy to fund it in exchange for shares in the business. Shares create a market. Nothing negative about it. If people are going to make and sell things to make a profit, then there will always be markets.
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There is a lot of revenue generated by online content producers that probably goes untaxed.
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It's not a policy. It's organic development of the civilization.
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This analysis is flawed because modern warfare relies much less on boots on the ground. The increased defence spending will be on capital expense (hardware) and intelligence capabilities. We are not in a world war and there won't be another "world war" - it's much easier to trade land and mineral rights in the modern age, because we prefer to compromise than risk burning the world, which is a good thing in the end.
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It is ridiculous (and childish) to be suggesting that we shouldn't deal with the democratically elected leader of another country, whether we agree with their politics or not.
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And what of the hundreds of millions of non-fuel products that oil is needed for? Until you find alternatives to plastics and lubricants that are affordable on a planetary scale, the world will still need oil.
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I test this on LinkedIn and she was matched to senior and experienced roles.
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Why are people expecting details before the Budget is released? No Chancellor would do that. It's only been two months since they came to power, the Budget is about a month away. People are being silly if they don't understand that this is not much time.
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Thank you for the work you do, Richard. I follow you on Twitter, but I do think you should post to Instagram too. Twitter is becoming too toxic and I'm going to leave it for Bluesky.
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But why does the government provide a safe savings vehicle? Why does the government take on the cost of doing so? What's in it for the government?
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Human capital displacement is a concern but biggest risk is achieving AGI and embedding AGI into battlefield robots.
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@Goldlion973 You nailed it!
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The IFS and the OBR has already acknowledged £16bn of the balackhole that has been disclosed. It's not fiction.
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America, China, Japan, Singapore, Spain, Australia are all doing pretty good.
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To be deceptive, you have to be clever.
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Same, I commuted from Norfolk. The folk who think the City doesn't add value don't have a clue.
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Liz Truss came out of the same box as Kemi Badenoch. The last decent Tory leader (despite Brexit) was David Cameron.
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Trump isn't "mad". Granted he's not an eloquent speaker, never has been, and he doesn't care (why should he). Trump does not care about Congress either, he can get most of what he needs to get done with executive power, which is to lower taxes, boost Wall Street, deport a few million (won't be all 11 million) undocumented migrants. Boosting Wall Street matters as most Americans, unlike most Brits, are invested in stocks and shares. Trump isn't "bad" either. You can make moral judgements but he's doing things that a large section of America support.
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@Ghengiskhansmum Yes, which is money to someone.
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He didn't give £3bn to the war effort in Ukraine. This money was already budgeted for. And it's not all in cash, it's the total value of the aid to Ukraine. Most of it is in the form of equipment, old equipment that we need to replace anyway. Giving it Ukraine means it gets it off the asset register of the UK defence dept., which can then place new equipment orders for modern equivalents. That in turn stimulates defence spending and investment in UK's defence sector.
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They don't need to be. They're mission is to fix the economy, not fix everything.
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Discussion and debate is how we come up with solutions that work democractically.
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As a shareholder in dividend paying businesses, I want them to maximize their profits because I want them to grow and keep paying me dividends. As an employee of a business I want us to maximize profits, because I get a annual bonus that's based on hitting our profit targets. In both cases I want business to maximize profit so I can retire as early as possible. This is what most of us want.
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And the commercial banks will restructure and park their money elsewhere. Reform UK has been also saying the BOE shouldn't pay interest (without thinking it through). When Reform UK see this video, they'll be able to claim some credibility. Richard is now helping Reform UK's credibility.
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The older generations will leave some of their wealth to their children. Regular generations Z and A folk are going to inherit more wealth than any other generation has done. Painting the older generations are wealth extractors is an interesting way for Richard to support his own argument. Many people would say the older generation simply seized opportunities to build up their wealth so they could retire comfortably - which is everyone's objective. I don't blame the older generation. I blame government policies that created a planning system that favour NIMBYs.
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You misunderstand. Swift isn't telling people how to vote, she's simply endorsing her choice and letting her fanbase know. What fans do with that information is up to them.
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Global economy is integrated. Geo politics is integrated. Folly to even think a G7 can be isolated.
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@archvaldor Sure they did. London is where many thing happened first before being applied to rest of the UK. Street lights and paving, for example, started in the City and was then used as the pattern by government for rest of the country. Postal coding is another.
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If the current Chancellor (Rachel Reeves) does attack Cash ISA savers, or lowers the ISA allowance, then Labour will lose millions of middle income voters. It would provide the Tories with an easy counter offer (to keep ISAs as they are). They'd win my vote on that alone.
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The thing not being said out loud is that "growth" is driven consumerism and consumerism is driven by aspiration. However, the things consumers aspire to now is less materialistic and more about life's simple comforts. Generations X has all of their material desires (acquired through the 19990-2020). Generations Y and later can't afford material luxuries so are just happy to have a comfortable life with focus on food and experience (which are relatively low cost). This isn't a bad thing from a consumer point of view. It's just bad for governments that pin growth on consumer capitalism. Consumers don't want to be trapped in deb to fund material lifestyles, they've seen what happens.
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Why shouldn't her opinion matter? She is a voter too.
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So you mean like shop keepers?
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@OhAwe Agree! I would also add that just because we don't experience a benefit it doesn't mean there is no benefit. Much of the capitalism of the west has helped to lift people out of poverty elsewhere - and yes we did it initially to exploit low cost labour, but the labour costs have caught up now, as they inevitably were going to. We expedited the development of under developed economies, and I don't mind that I saw no benefit to me.
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The ordinary voter does not possess the knowledge nor skill required to be accountable for a central bank that operates on a world stage. No way would I ever vote for that. Global finance is a highly complex subject and I want people who have dedicated their lives to this field to be in those positions. What you're proposing is akin to responsible parents handing over the household finances to the toddlers. The toddlers will spend it all the money on sweets.
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The far right will never gain power for one simple reason: the vast majority of a populace are not attracted to far right ideology/policies. With the advantage of historical hindsight, the middle ground will always win. And on balance because centrism does deliver for a majority (because financial markets revert to the mean), voters swing back and forth and the far right (and far left) will never gain the kind of support that the middle ground always has.
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@HighWealder That's because China is a) a much bigger country, and b) because it's investing in its infrastructure.
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People do not vote against their chosen lifestyles. Like it or not, capitalism has been good for a majority.
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Correct, but we haven't reached that tipping point yet and it's still a long way off.
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People don't vote against their chosen lifestyles.
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Raise it to what? If personal income tax allowance was raised to £20,000, this would require additional tax revenue of £270 BILLION.
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She is clever, you don't get to her position without being clever. Is she smug? I don't think so, I see confidence in herself. There's nothing wrong with that. It is about business versus workers, our whole existence is based on being able to earn money but selling our time. Public service is a form of business, public servants trade their time for money as well.
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It's not all "gambling". Much of it is trading along cyclical patterns of supply and demand.
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For balance, it's worth pointing out that Musk has said if there is a negative impact, then funding will be restored. The point of making the cuts is to find what is truly needed and what is a 'nice to have'. This is the fastest way to achieve this. If every cost center had to be reviewed before taking action then it would take years as there would be resistance and objections. This is a more efficient approach, even if in the short term it upsets a few people. Would love to do this with UK civil service too.
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What are we defending in the UK? We are defending our interests, whatever they happen to be at any given point in time. And yes of course, it means protecting our wealthy institutions - why would we not?? Not doing so would be sacrificing our pensions and savings and investments.
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It's consumer behavior that is the problem. People don't vote against their chosen lifestyles.
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