⚕️Against the Outsourcing and Asset Stripping of Public Services ⚕️#FBNHS 😊 THREADS LINKED HERE ▶https://xitter.cf/t.co/J71SGPEJNG…
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ONLY new government spending can increase private sector’s net savings. Taxation does the opposite.
Every £ comes either from government spending (adding to total government debt until taxed back) or from bank lending (creating deposits but no extra wealth overall).
“MMT tells you a monetarily sovereign nation can issue all the currency/debt it wants and nothing will happen” ?
Actually that’s a lie… you’re welcome.
There’s a reason you’re switching off replies.
MMT tells you a monetarily sovereign nation can issue all the currency/debt it wants and nothing will happen, claiming that currency and market volatility can easily be eliminated by cancelling the capital account.
This nonsense can only be promoted by someone that does not understand that the currency collapse and creditworthiness slump are driven by domestic citizens and savers rejecting the local currency; it is not an evil conspiracy of foreign investors.
Furthermore, no nation is monetarily sovereign. It always depends on demand. Try to force use or restrict flow, and the currency is worth nothing.
And local citizens are the first to reject an increasingly worthless currency issued by an irresponsible government.
You are welcome
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Sorry.
I am too busy stabbing myself in the eye with a rusty fork.
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
You have to laugh at those suggesting the left return to Labour. We have never been more opposed to that party. It goes against everything a socialist believes. They said they don’t need the left and we are absolutely fine with that. You made your bed, lie in it!
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
David Graeber's Debt: The First 5,000 Years is a better contribution to our understanding of money, and debt than anything Carl Menger wrote.
I understand this is deeply upsetting to Austrian Economists, but anthropology doesn't give a fuck about your origin myths.
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Neil Young has sued Trump for using one of his songs in his campaign.
Which songs do you think could be used in his campaign?
Make me blush!
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
I have literally spent the last month trekking around Jordan interviewing elderly Nakba survivors and hearing their harrowing stories- and just completed a three hour video interview on Saturday night. No one I talked to left before multiple neighbours or family members had been shot and killed. Few of them had any weapons of any sort to protect themselves and if they did they were ancient Turkish muskets. Their opponents were armed with modern, newly-imported Czech rifles and many had been trained and drilled by the British. It became simply suicidal to remain, though many old people tried to so. The guy I interviewed on Saturday fled with his mother after their village was bombed. Their father remained and was loaded onto a truck to Gaza, at gunpoint, by the Haganah. Many of the family members that remained in Gaza have been killed in the last two years
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
this message is essentially correct, however much you dislike the messenger.
The Bank of England has enormous gilt powers, it deployed them to pressure Truss into fiscal orthodoxy, and it did a U-turn last month that helped the Burnham government
mainstreamlabour.org/publica…
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
ahead if @JohnHealey_MP budget, read how @andyburnham could get out of the bond vigilantes' hock in my @mainstreamlbr
Against Bond Vigilantes: reclaiming UK fiscal space
cc @labourlewis @johnmcdonnellMP
During Covid in February '20 Goldman Sachs and the Wellcome Trust (“Wellcome”) announced the sale of iQ Student Accommodation to Blackstone for £4.66 billion.
The transaction was the largest ever private real estate transaction in the UK. #StudentDebt
I was pondering Student Debt whilst dropping my son at Uni this weekend. #CPC2019
353,960 Students off to uni in 2018.
3 year intake means total is approx 1 Million.
Each paying on average £500 pm. for accommodation.
£500 Million PER MONTH on STUDENT DEBT given to landlords?
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
My fab daughter Alex has just won a Leverhulme Prize. Her forensic analyses of illicit markets, freeports and special economic zones are on the cutting edge of a criminology coming of age to produce the most revealing insights into the global economy. northumbria.ac.uk/about-us/n…
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Frankrikes problem är INTE statsskuldens storlek.
I många avseenden är problemet det rakt motsatta.
Lärdomen för Sverige av Frankrikes situation är INTE att vår svångremspolitik har tjänat oss väl.
Lärdomen är att politiken har varit dålig för Frankrike och är dålig för oss samt att vi ska hålla oss långt borta från euron.
Jag utvecklar resonemangen i två artiklar:
dagensarena.se/essa/krisen-f…
di.se/debatt/frankrikes-prob…
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Oh boy, are the Right excited by this graph recently published by The Economist!
And of course none of them has bothered to read the article itself (TBF, it is behind a paywall!).
So as always, let's add a little context and explain why these kinds of comparisons are so problematic
🧵1/25
ALT Graph showing conviction rates for sexual offences in England and Wales by nationality, compared with the British population.
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Today Israeli authorities barred me and other European elected representatives from entering the West Bank to meet Palestinian students and civil society leaders, as part of a @ProgIntl delegation.
We knew that by crossing into the occupied Palestinian territories, we risked being detained, interrogated and turned away by Israeli authorities. And that, alas, is exactly what happened.
For more than eight hours, we were held, interrogated and made to feel as though we had done something wrong simply by attempting to enter.
The simple truth is we had done nothing wrong. We went to show our support for the Palestinian people and highlight the terrible injustice and violence being perpetrated against them. We want to ensure that people back home do not look away from the reality of what is happening.
Ultimately, we went to show solidarity. But we left with an even greater determination to speak out. We will not be silenced, and we will not look away. None of us should.
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
The Government™ has made an ad about the protests happening around the world, and it’s surprisingly honest and informative.🌍🌎🌏
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Incredibly powerful speech....
🇵🇸 WATCH THIS. EVERY WORD. 🇵🇸
Lubna Speitan, the Palestinian woman who wrote the Greens4Palestine "Zionism is racism" motion, says what millions of us have been feeling for two years.
"We as Palestinians are being silenced and gaslit and vilified [as we] witness the annihilation, the cold-blooded murder of our families, of our people... our children burnt with phosphorus, having to endure amputations with no anaesthetic... being starved to death."
Think about that.
Your family is being wiped out. Your children are being burnt and starved. And you're the one told to calm down, watch your tone and prove you're not the racist.
That's the world we live in. The people suffering ethnic cleansing, apartheid and genocide are put on trial, while the people doing it play the victim.
She's not asking for sympathy. She's asking for justice. Equal rights, freedom and dignity for every Palestinian, in every part of their land.
From the river to the sea, Palestine will be free 🇵🇸
Share this. Make them hear it 🔁
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
Just listen to this.
Then consider these polls:
76% of Jewish Israelis think there are no innocents in Gaza (Aug 2025)
82% support expelling Palestinians from Gaza (May 2025)
47% support killing all inhabitants of conquered enemy cities (May 2025)
ℹ️ Not The Torygraph 💚 #SaveOurNHS #ScrapNHSBill retweeted
A few years ago there was a £550,900 bonus for the chief executive of Southern Water just 2 months after they had been fined for pollution for the third time in 2 years.
Now my water bill has increased by over 50%.
