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Post by Rednwhitenblue on Nov 20, 2023 22:03:58 GMT
Sociopathic narcissistic bullied loner, known to his peers as "The Madman" who wants to legalise the trade in human organs. What could possibly go wrong? Is that real?! I suppose he's got 'charisma', like Johnson, Farage or Trump. What could possibly go wrong? 😄
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Post by thehartshillbadger on Nov 20, 2023 22:07:36 GMT
Ask Bluers, he’s (thinks he’s) the oracle on the subject. Since you asked, I did tip Australia as winners of the world cup... And modesty prevents me mentioning correctly predicting the last two Ashes series scores spot on...😄 Modesty? Surely not🤣
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Post by Foster on Nov 20, 2023 22:28:05 GMT
Sociopathic narcissistic bullied loner, known to his peers as "The Madman" who wants to legalise the trade in human organs. What could possibly go wrong? He seems alright to me to be honest. Doesn't seem like a faker like our politicians.
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Post by Davef on Nov 20, 2023 22:29:17 GMT
Am I missing something here? Have Argentina actually elected a right wing terrorist?
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Post by thehartshillbadger on Nov 20, 2023 22:30:07 GMT
Am I missing something here? Have Argentina actually elected a right wing terrorist? You’d think so wouldn’t you. Bizarre
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Post by Gawa on Nov 20, 2023 22:32:44 GMT
Am I missing something here? Have Argentina actually elected a right wing terrorist? Probably a question for satoshi
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Post by Foster on Nov 20, 2023 22:37:35 GMT
Am I missing something here? Have Argentina actually elected a right wing terrorist? Probably a question for satoshiHe's clearly a terrorist. Even a super terrorist judging by his outfit. The Argentinian Homelander.
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Post by CBUFAWKIPWH on Nov 20, 2023 22:43:53 GMT
It's only brilliant stuff if it comes off and if it doesn't it will be a disaster. The word you are looking for is reckless. Incidentally if I had money in bitcoin I'd be crapping myself - attaching a tanking economy of that size into an investment portfolio isn't something to celebrate. If Argentina doesn't solve the underlying problems of its raging inflation they will simply transfer it into bitcoin and if that happens the value of bitcoin will plummet. Have you met the usd? How will the price of bitcoin plummet when they have to market buy it in the first place? If their economy still struggles they’ll be forced to sell at a loss. Bitcoin continues being bitcoin. The word you are looking for is out-of-touch If Argentina trades it's national currency into USD and then buys bitcoin and the value of bitcoin in USD goes down and Argentina have to sell they will have lost money. In fact even if the exchange rate doesn't change the real world value of the USD will have gone down due to inflation so their investment still won't have paid off. El Salvador's National Bank went down this route and invested 107million USD in bitcoin since 2021 and their investment is now worth 40million USD - they've lost 60% of their investment in 2 years. The value of 1 bitcoin in USD fluctuates - it goes up and down based on the perceived assets invested in bitcoin. If the assets held on bitcoin are perceived to be dodgy (such as the Argentinian economy) then the perceived value of bitcoin in real world currencies will go down. If bitcoin gets saturated with dodgy assets the perceived value of bitcoin will plummet. Bitcoin isn't special - it's just another type of investment and like any investment you can make money or lose out. Currently financial advisors are telling investors not to put more than 5% of their wealth into Bitcoin because it's a risky and volatile market. For an entire country to put its eggs into that one basket they would have to be insane. I might be out of touch but I'm not out of my mind.
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Post by davethebass on Nov 20, 2023 23:04:30 GMT
Arguing with someone isn't trying to close them down, it's an attempt to open them up. The real problem is that some people don't like being challenged and expect their views to be taken at face value, haven't really thought through their position or have started to realise their views don't make sense and rather than admit they might be wrong get uppity and defensive and accuse the person trying to engage in a debate of closing them down. If someone has bought into an idea heart and soul it becomes part of their identity so if the idea is challenged they experience it as a personal attack. Unquestioning belief isn't particularly healthy - in fact it's proven to be downright dangerous over the years and tends to be those people who end up being the book burners and the ones who forcibly close down debate. I know I'm an argumentative bastard and at times may have gone overboard (for which I apologise). However I don't argue with people to close them down - in fact more often than not they close themselves down because they aren't used to being challenged. Arguement is healthy. Couldn't agree with you more, well said mate. I loved that argument we had some time ago, about the paranormal, psi, and physics and stuff. We were both (mostly) respectful, and it was a fascinating discussion. I appreciated being challenged because it forced me to think about it more, and research more, and to learn more and become more educated. I never resent anyone who challenges my views because at the end of the day we can never really know if our views are actually correct, or really know who's 'right' or 'wrong'.
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Post by CBUFAWKIPWH on Nov 20, 2023 23:21:35 GMT
Arguing with someone isn't trying to close them down, it's an attempt to open them up. The real problem is that some people don't like being challenged and expect their views to be taken at face value, haven't really thought through their position or have started to realise their views don't make sense and rather than admit they might be wrong get uppity and defensive and accuse the person trying to engage in a debate of closing them down. If someone has bought into an idea heart and soul it becomes part of their identity so if the idea is challenged they experience it as a personal attack. Unquestioning belief isn't particularly healthy - in fact it's proven to be downright dangerous over the years and tends to be those people who end up being the book burners and the ones who forcibly close down debate. I know I'm an argumentative bastard and at times may have gone overboard (for which I apologise). However I don't argue with people to close them down - in fact more often than not they close themselves down because they aren't used to being challenged. Arguement is healthy. Couldn't agree with you more, well said mate. I loved that argument we had some time ago, about the paranormal, psi, and physics and stuff. We were both (mostly) respectful, and it was a fascinating discussion. I appreciated being challenged because it forced me to think about it more, and research more, and to learn more and become more educated. I never resent anyone who challenges my views because at the end of the day we can never really know if our views are actually correct, or really know who's 'right' or 'wrong'. Cheers and it really was a pleasure arguing with you.
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Post by davethebass on Nov 20, 2023 23:31:08 GMT
Couldn't agree with you more, well said mate. I loved that argument we had some time ago, about the paranormal, psi, and physics and stuff. We were both (mostly) respectful, and it was a fascinating discussion. I appreciated being challenged because it forced me to think about it more, and research more, and to learn more and become more educated. I never resent anyone who challenges my views because at the end of the day we can never really know if our views are actually correct, or really know who's 'right' or 'wrong'. Cheers and it really was a pleasure arguing with you. I'm glad you found it a pleasure too, and I'd assumed you did. Cheers mate.
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Post by mickeythemaestro on Nov 20, 2023 23:33:03 GMT
Have you met the usd? How will the price of bitcoin plummet when they have to market buy it in the first place? If their economy still struggles they’ll be forced to sell at a loss. Bitcoin continues being bitcoin. The word you are looking for is out-of-touch If Argentina trades it's national currency into USD and then buys bitcoin and the value of bitcoin in USD goes down and Argentina have to sell they will have lost money. In fact even if the exchange rate doesn't change the real world value of the USD will have gone down due to inflation so their investment still won't have paid off. El Salvador's National Bank went down this route and invested 107million USD in bitcoin since 2021 and their investment is now worth 40million USD - they've lost 60% of their investment in 2 years. The value of 1 bitcoin in USD fluctuates - it goes up and down based on the perceived assets invested in bitcoin. If the assets held on bitcoin are perceived to be dodgy (such as the Argentinian economy) then the perceived value of bitcoin in real world currencies will go down. If bitcoin gets saturated with dodgy assets the perceived value of bitcoin will plummet. Bitcoin isn't special - it's just another type of investment and like any investment you can make money or lose out. Currently financial advisors are telling investors not to put more than 5% of their wealth into Bitcoin because it's a risky and volatile market. For an entire country to put its eggs into that one basket they would have to be insane. I might be out of touch but I'm not out of my mind. Its a con. The only feckers making money out of this are the guys controlling it and the odd jammy fecker. And the odd jammy fecker usually ends up forgetting their password after throwing their computer into a landfill in Wales somewhere 😆 Also Known As a modern day pyramid scheme. Unless you are highly in the know avoid like the plague.
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Post by CBUFAWKIPWH on Nov 21, 2023 2:43:16 GMT
If Argentina trades it's national currency into USD and then buys bitcoin and the value of bitcoin in USD goes down and Argentina have to sell they will have lost money. In fact even if the exchange rate doesn't change the real world value of the USD will have gone down due to inflation so their investment still won't have paid off. El Salvador's National Bank went down this route and invested 107million USD in bitcoin since 2021 and their investment is now worth 40million USD - they've lost 60% of their investment in 2 years. The value of 1 bitcoin in USD fluctuates - it goes up and down based on the perceived assets invested in bitcoin. If the assets held on bitcoin are perceived to be dodgy (such as the Argentinian economy) then the perceived value of bitcoin in real world currencies will go down. If bitcoin gets saturated with dodgy assets the perceived value of bitcoin will plummet. Bitcoin isn't special - it's just another type of investment and like any investment you can make money or lose out. Currently financial advisors are telling investors not to put more than 5% of their wealth into Bitcoin because it's a risky and volatile market. For an entire country to put its eggs into that one basket they would have to be insane. I might be out of touch but I'm not out of my mind. Its a con. The only feckers making money out of this are the guys controlling it and the odd jammy fecker. And the odd jammy fecker usually ends up forgetting their password after throwing their computer into a landfill in Wales somewhere 😆 Also Known As a modern day pyramid scheme. Unless you are highly in the know avoid like the plague. I'm happy to be informed as to how Bitcoin is a superior form of investment to other forms but our resident expert is just telling me I'm out of touch and don't understand. Thing is I think I am capable of understanding if someone explains it to me. Until then, like you, I'll maintain a healthy scepticism and not buy the magic beans.
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Post by Deleted on Nov 21, 2023 2:54:20 GMT
Its a con. The only feckers making money out of this are the guys controlling it and the odd jammy fecker. And the odd jammy fecker usually ends up forgetting their password after throwing their computer into a landfill in Wales somewhere 😆 Also Known As a modern day pyramid scheme. Unless you are highly in the know avoid like the plague. I'm happy to be informed as to how Bitcoin is a superior form of investment to other forms but our resident expert is just telling me I'm out of touch and don't understand. Thing is I think I am capable of understanding if someone explains it to me. Until then, like you, I'll maintain a healthy scepticism and not buy the magic beans. El Salvador went and tried this. They spent 4% of their national reserves on bitcoin. The majority of people in the country didn’t like it, didn’t adopt it and signed up for apps to use it then deleted them after getting the free financial incentive. Bitcoin’s value crashed by about 70% during that time. El Salvador’s economy has actually grown despite this.
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Post by satoshi on Nov 21, 2023 6:18:11 GMT
Have you met the usd? How will the price of bitcoin plummet when they have to market buy it in the first place? If their economy still struggles they’ll be forced to sell at a loss. Bitcoin continues being bitcoin. The word you are looking for is out-of-touch If Argentina trades it's national currency into USD and then buys bitcoin and the value of bitcoin in USD goes down and Argentina have to sell they will have lost money. In fact even if the exchange rate doesn't change the real world value of the USD will have gone down due to inflation so their investment still won't have paid off. El Salvador's National Bank went down this route and invested 107million USD in bitcoin since 2021 and their investment is now worth 40million USD - they've lost 60% of their investment in 2 years. The value of 1 bitcoin in USD fluctuates - it goes up and down based on the perceived assets invested in bitcoin. If the assets held on bitcoin are perceived to be dodgy (such as the Argentinian economy) then the perceived value of bitcoin in real world currencies will go down. If bitcoin gets saturated with dodgy assets the perceived value of bitcoin will plummet. Bitcoin isn't special - it's just another type of investment and like any investment you can make money or lose out. Currently financial advisors are telling investors not to put more than 5% of their wealth into Bitcoin because it's a risky and volatile market. For an entire country to put its eggs into that one basket they would have to be insane. I might be out of touch but I'm not out of my mind. None of what you just said can affect the price of bitcoin. Buying anything, including fiat has the same risks. A relatively major economy investing in bitcoin is positive, and will only add to its credibility. Bitcoin is a hedge against the usd, which is going to crash soon. See the recent downgrade of us banks and spiralling us debt. The dxy has already started to “plummet”. Bitcoin is special, it’s the first decentralised digital currency in human history. El Salvador bought at the wrong time but they’ll break even soon enough. Bitcoin happens to be up 140% in 2023. It’s the same as buying oil and gold, but granted, more volatility. We’re sitting at a period in time where the bitcoin halving is looming, which has always been a catalyst for the next bull market. I’m sure Argentina are aware. Exciting times for people willing to take the plunge.
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Post by satoshi on Nov 21, 2023 6:22:52 GMT
If Argentina trades it's national currency into USD and then buys bitcoin and the value of bitcoin in USD goes down and Argentina have to sell they will have lost money. In fact even if the exchange rate doesn't change the real world value of the USD will have gone down due to inflation so their investment still won't have paid off. El Salvador's National Bank went down this route and invested 107million USD in bitcoin since 2021 and their investment is now worth 40million USD - they've lost 60% of their investment in 2 years. The value of 1 bitcoin in USD fluctuates - it goes up and down based on the perceived assets invested in bitcoin. If the assets held on bitcoin are perceived to be dodgy (such as the Argentinian economy) then the perceived value of bitcoin in real world currencies will go down. If bitcoin gets saturated with dodgy assets the perceived value of bitcoin will plummet. Bitcoin isn't special - it's just another type of investment and like any investment you can make money or lose out. Currently financial advisors are telling investors not to put more than 5% of their wealth into Bitcoin because it's a risky and volatile market. For an entire country to put its eggs into that one basket they would have to be insane. I might be out of touch but I'm not out of my mind. Its a con. The only feckers making money out of this are the guys controlling it and the odd jammy fecker. And the odd jammy fecker usually ends up forgetting their password after throwing their computer into a landfill in Wales somewhere 😆 Also Known As a modern day pyramid scheme. Unless you are highly in the know avoid like the plague. This is wrong on so many levels but bitcoin is up 140% since January. So the only people not making money this year are the one’s talking absolute nonsense like your post above. You should write to the ceo of bitcoin 😉 It’s a 100% decentralised blockchain controlled by nobody. That’s the entire point of it. It just exists. Nobody can control it by design. Do some research.
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Post by mickeythemaestro on Nov 21, 2023 8:35:58 GMT
Its a con. The only feckers making money out of this are the guys controlling it and the odd jammy fecker. And the odd jammy fecker usually ends up forgetting their password after throwing their computer into a landfill in Wales somewhere 😆 Also Known As a modern day pyramid scheme. Unless you are highly in the know avoid like the plague. This is wrong on so many levels but bitcoin is up 140% since January. So the only people not making money this year are the one’s talking absolute nonsense like your post above. You should write to the ceo of bitcoin 😉 It’s a 100% decentralised blockchain controlled by nobody. That’s the entire point of it. It just exists. Nobody can control it by design. Do some research. In fairness to me I have done a bit of research and it left me very confused. Then I had a good look into the FTX Bankman-Fried story and various other tales and realised this is something to tread very carefully with. I was also surprised to learn that from a carbon footprint point of view bitcoin is horrendous due to the storage facilities required to hold all the data. I don't doubt that it has its uses and in time might become more mainstream but right now Fiat currencies seem a safer bet. Times they are a changing though I know that.
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Post by satoshi on Nov 21, 2023 8:53:48 GMT
This is wrong on so many levels but bitcoin is up 140% since January. So the only people not making money this year are the one’s talking absolute nonsense like your post above. You should write to the ceo of bitcoin 😉 It’s a 100% decentralised blockchain controlled by nobody. That’s the entire point of it. It just exists. Nobody can control it by design. Do some research. In fairness to me I have done a bit of research and it left me very confused. Then I had a good look into the FTX Bankman-Fried story and various other tales and realised this is something to tread very carefully with. I was also surprised to learn that from a carbon footprint point of view bitcoin is horrendous due to the storage facilities required to hold all the data. I don't doubt that it has its uses and in time might become more mainstream but right now Fiat currencies seem a safer bet. Times they are a changing though I know that. Ftx was a government inside job they were laundering money from Ukraine. You’re right mate it is a minefield. All of it is. Money is the root of pure evil and it’s never been more evident as now.
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Post by mickeythemaestro on Nov 21, 2023 9:08:47 GMT
In fairness to me I have done a bit of research and it left me very confused. Then I had a good look into the FTX Bankman-Fried story and various other tales and realised this is something to tread very carefully with. I was also surprised to learn that from a carbon footprint point of view bitcoin is horrendous due to the storage facilities required to hold all the data. I don't doubt that it has its uses and in time might become more mainstream but right now Fiat currencies seem a safer bet. Times they are a changing though I know that. Ftx was a government inside job they were laundering money from Ukraine. You’re right mate it is a minefield. All of it is. Money is the root of pure evil and it’s never been more evident as now. The FTX debacle definitely showed how easy it is to buy govt influence if you've got the money. All very shady and the amounts of money he funnelled into the Democrat party was a concern. I believe he also pushed money into Republican pockets as well. Either way he was dropped like he was hot when the doo doo hit the fan. He's been convicted now and will be looking at a long stretch in the slammer. Guess that happens when you steal 10bn of investors funds. But in a way bitcoin is interesting as its definitely spooking govts around the world. And I always think its good having govts on their toes so we can see what's going on and how they react.
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Post by Foster on Nov 21, 2023 10:19:11 GMT
Its a con. The only feckers making money out of this are the guys controlling it and the odd jammy fecker. And the odd jammy fecker usually ends up forgetting their password after throwing their computer into a landfill in Wales somewhere 😆 Also Known As a modern day pyramid scheme. Unless you are highly in the know avoid like the plague. This is wrong on so many levels but bitcoin is up 140% since January. So the only people not making money this year are the one’s talking absolute nonsense like your post above. You should write to the ceo of bitcoin 😉 It’s a 100% decentralised blockchain controlled by nobody. That’s the entire point of it. It just exists. Nobody can control it by design. Do some research. To be fair, it's down nearly 50% from a peak 2 years ago, so anyone who invested at that time will only be making back a fraction of their losses. If you invested in January then all good. There is a steady gain over the past year though so perhaps it's worth a punt.
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Post by middleoftheboothen on Nov 21, 2023 10:26:17 GMT
He seems alright to me to be honest. Doesn't seem like a faker like our politicians. He reminds me of the actor Jordi molla from the film blow who Johnny Depp's character meets in the pen (how he looks).
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Post by prestwichpotter on Nov 21, 2023 10:33:27 GMT
He played as a goalkeeper for Chacarita Juniors who seem to be a bit of a yo-yo club.
So it's the equivalent of ex-West Brom keeper Dean Kiely taking the reigns in the UK...............
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Post by middleoftheboothen on Nov 21, 2023 11:21:32 GMT
He played as a goalkeeper for Chacarita Juniors who seem to be a bit of a yo-yo club. So it's the equivalent of ex-West Brom keeper Dean Kiely taking the reigns in the UK............... I wouldn't mind a safe pair of hands in charge of the country to be fair 😉
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Post by prestwichpotter on Nov 21, 2023 11:34:36 GMT
He played as a goalkeeper for Chacarita Juniors who seem to be a bit of a yo-yo club. So it's the equivalent of ex-West Brom keeper Dean Kiely taking the reigns in the UK............... . I wouldn't mind a safe pair of hands in charge of the country to be fair 😉 Safe hands Starmer will be along soon mate.......
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Post by middleoftheboothen on Nov 21, 2023 11:43:16 GMT
. I wouldn't mind a safe pair of hands in charge of the country to be fair 😉 Safe hands Starmer will be along soon mate....... I like alot of what he says but whether he will deliver we shall have to wait and see mate.
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Post by Deleted on Nov 21, 2023 11:54:44 GMT
Its a con. The only feckers making money out of this are the guys controlling it and the odd jammy fecker. And the odd jammy fecker usually ends up forgetting their password after throwing their computer into a landfill in Wales somewhere 😆 Also Known As a modern day pyramid scheme. Unless you are highly in the know avoid like the plague. This is wrong on so many levels but bitcoin is up 140% since January. So the only people not making money this year are the one’s talking absolute nonsense like your post above. You should write to the ceo of bitcoin 😉 It’s a 100% decentralised blockchain controlled by nobody. That’s the entire point of it. It just exists. Nobody can control it by design. Do some research. Which means that no one can guarantee it, unlike central currencies of other countries, which are guaranteed by the governments gold stock piles. There’s also not that many in existence and “mining them” costs huge amounts of energy. You can have what, about 20 million of them at max? With that in mind, I don’t see how they could legitimately become a National alternative. Then you have the fact that the volatility index of bitcoin varies way more day to day than the dollar. A currency needs to be stable to be useful. Investing in bitcoin as a stock to make money and actually using it as a day to day currency are wildly different things.
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Post by Deleted on Nov 21, 2023 12:49:42 GMT
Am I missing something here? Have Argentina actually elected a right wing terrorist? How its got lumped in here I don't know... He describes himself as an anarcho-capitalist, which is very basically someone who looks for small government and looks to privatisation/globalisation and businesses to create wealth as opposed to taxing people highly or using Government mechanisms to solve societies issues - think printing money or welfare state (which simply was not working for them.) Right wing policies: -Privatising the TV (which were basically a propaganda outlet) - Re-tendering current Government projects to get the most competitive price and putting an end to the preferred contractors that probably match up with the corruption allegations aimed at the prior left wing Gov (This probably intersects the right wing and libertarian philosophy - I'm including it here because it's attached to Government) -Free Trade. The concept is a joke since the 70's in general post GATT and including the WTO. But such as it is, it's traditionally a right wing thing. They'll still be subject to some rules or other. More strictly Libertarian Polices: -Doing away with Gov Ministry such as Dep of culture - Allowing organ trade (This will not end well.....) Personal Opinions: - What an odd man.
- The Falklands campaign pledge will not end well for us or them.
- You don't really get to properly deliver a libertarian standpoint by tethering yourself to the dollar. It's an odd one that damages the libertarian brand - because it isn't libertarian , it's untethered-capitalism. I can see the logic as a sticking plaster for a tanked economy in the grips of mad-inflation, what I can't fathom is how an anti-Gov platformer turns to the IMF to fix that... I can only hope it's a very short-term thing and once stability is reached they'll shed the IMF.
- There's going to be unprecedented fall out from this and it will be very very painful.
- He's politically hamstrung and won't be able to deliver exactly what he wants.
- My main worry is for people right at the bottom of the scale. If you throw out Government departments, you need a workable structure that's going to form an alternative to the way they were living. I haven't seen a shred of what's going to fill that gap.
- Smaller Government is a good thing for me, You need prisons, a home office, foreign office, some form of treasury. How he's going to manage the fallout will be very interesting... I suspect the majority of the world will be against him and if he can't deliver it'll kill the country.
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Post by knype on Nov 22, 2023 4:54:09 GMT
. I wouldn't mind a safe pair of hands in charge of the country to be fair 😉 Safe hands Starmer will be along soon mate....... He's all wind and piss!
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Post by Rednwhitenblue on Nov 22, 2023 7:17:41 GMT
Safe hands Starmer will be along soon mate....... He's all wind and piss! 😂
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Post by Huddysleftfoot on Nov 22, 2023 7:32:58 GMT
😂 Isn't the correct phrase "piss and wind"?
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