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‘This meme about Liz Truss crashing the economy is simply not true’ | Christopher Snowdon

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‘This meme about Liz Truss crashing the economy is simply not true… the conversation has to start and stop with inflation and it’s not Liz Truss’ fault we’ve got 10% inflation.’

Christopher Snowdon of the Institute of Economic Affairs on the end of Liz Truss’ premiership.

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42 Comments

42 Comments

  1. @johnpate2835

    January 7, 2024 at 7:38 pm

    Truss was doomed the moment she was elected, now we have a PM who satisfies THEM whoever THEY are and like Mrs May the last disaster of a PM the members had no say. We are now a dictatorship again.

  2. @jamesmchugh2342

    January 7, 2024 at 7:38 pm

    It was boris and the New prime minister norman wisdom who got in to this shit show with the lockdowns and paying to work from home our grankids kids will be paying for this

  3. @fivecylinderperfection5060

    January 7, 2024 at 7:38 pm

    Sunak was expected to win the PM vacancy, when Truss won the vote the markets had already set about planning to undermine her. BoE joined in too and they have been successful in their plot. It has given Sunak another chance but they will have to do the same thing if Boris spoils their plan. Democracy is an illusion.

  4. @XvonPocalypse

    January 7, 2024 at 7:38 pm

    She had nice perkies

  5. @Dogboy73

    January 7, 2024 at 7:38 pm

    It was just a complete coincidence that the pound tanked immediately after the mini-budget.

  6. @alphabetaxenonzzzcat

    January 7, 2024 at 7:38 pm

    Yes – it's not true, Chris – it was caused by the lockdowns(resulting in pushing up public debt and money printing causing inflation) which you supported.

  7. @lumpyfishgravy

    January 7, 2024 at 7:38 pm

    Liz Truss was only the messenger. The economy was screwed long before. Her mistake was bringing this to the public's attention with an honest attempt to fix it.

  8. @lostinpa-dadenduro7555

    January 7, 2024 at 7:38 pm

    The banksters objected.

  9. @lizzydripping2862

    January 7, 2024 at 7:38 pm

    Not very fascinating tbh

  10. @kingkong81icloud

    January 7, 2024 at 7:38 pm

    Every country is in debt,

  11. @44VBN

    January 7, 2024 at 7:38 pm

    Its true she did not its those so called marked forces (Globalist) needed to sink her because she did not their game……. a game people will see very soon when everything crash and total totalitarian forces makes a end to Democracy

  12. @kitcat4512

    January 7, 2024 at 7:38 pm

    Will Rishi keep Blackrock if his PM capaign succeeds?

  13. @concernedcitizen7385

    January 7, 2024 at 7:38 pm

    The western economic crash is far beyond that of her late and minuscule influence.

  14. @dougiemccracken2949

    January 7, 2024 at 7:38 pm

    Truss has been blamed for an economic mess created by sunak the snake and the Bank of England Bailey should be sacked.

  15. @francescostello1377

    January 7, 2024 at 7:38 pm

    The economy, such as it was crashed way before the useless WEF Davos Neo Liberal Truss. We have a Neo Liberal, WEF Davos globalist Government both sides of the House of ill repute we call Parliament. Owned lock stock and barrel.
    We were already in trillions of debt, with quantitative easing, or Decades of printing fiat worthless money, after the Bank heist of 2008, 900 billion and counting. Add to that the Billions printed to the cost of illegal lockdowns during the plandemic, and now billions for a war that should never have happened, thanks to the UK being lapdogs to the US NATO war machine, it is totally unsustainable, and the corrupt Bank of England know this. We are all well and truly stuffed as a nation.

  16. @wallydogg6771

    January 7, 2024 at 7:38 pm

    Johnson and Sunak crashed the economy by theatrically over-reacting to Covid, and spending £258 billion on ill-conceived and incompetently distributed relief. The energy price crisis predates Putin’s war and Liz is just the fall-guy.

  17. @garyevergreen5035

    January 7, 2024 at 7:38 pm

    Well we aren't affected and we're still rich.

  18. @youtubesnoopinfo

    January 7, 2024 at 7:38 pm

    Who sold the bonds? China? Neither a question I have seen investigated, nor an answer I have seen revealed.

  19. @chrisspencer6502

    January 7, 2024 at 7:38 pm

    What? Can this guy share the number for his dealer the crack he's smoking must be strong AF

  20. @fos2874

    January 7, 2024 at 7:38 pm

    A Independent party for the people, they are all run by banks, big corp, big tech and definitely big pharma listen to the science 🤣

  21. @RuneRelic

    January 7, 2024 at 7:38 pm

    11/10

  22. @lairdkilbarchan

    January 7, 2024 at 7:38 pm

    Sit upright on the floor, legs crossed take a deep breath and chant:

    "Rishi Sunak had absolutely nothing whatsoever to do with crashing the economy. Nothing whatsoever."
    "Nothing whatsoever."
    "Nothing whatsoever."

    And……repeat. 😶‍🌫️

  23. @chiefsittingstill6061

    January 7, 2024 at 7:38 pm

    The blame lies with Bozo, not Truss. If that clown hadn't shut down the country intermittently for 2 years – all the while having the BoE print money to pay people to sit at home doing nothing rather than work, all so we could avoid a disease spreading (which ended up spreading around anyway) – we wouldn't be in this much of a mess. Don't get me wrong; we'd still be in a mess, since tbf to him the economic woes go back even before he had his grubby fat little fingers on the levers of power, but the mess wouldn't be this bad.

  24. @Timsvideochannel1

    January 7, 2024 at 7:38 pm

    Factories need to automate, the use of cheap labour has been a disaster for productivity. Cut immigration and encourage our manufacturers to invest in new products and modern technology. Do we really need so many fast food outlets and car washers? I wash my own car and cook my own meals, as a nation we are becoming far too lazy, both at work and at home, just look at the size of people today, eating less not only saves money, it saves lives.

  25. @garybelcher1844

    January 7, 2024 at 7:38 pm

    The WEF are crushing economy's worldwide. If governments are in lockstep with these policies, which they are. They crush their own.

  26. @rk-lj3sm

    January 7, 2024 at 7:38 pm

    She adopted Rishi’s plan after realisation that her own plan failed! Sorry it was her fault!

  27. @adrianlloyd6403

    January 7, 2024 at 7:38 pm

    Where's the Bank of England's culpability in all this? Bailey should have followed Truss out the door imho

  28. @uingaeoc3905

    January 7, 2024 at 7:38 pm

    Sunak and Johnson created this economic mess through Lockdowns.

  29. @rockyluvinfrnd8180

    January 7, 2024 at 7:38 pm

    Letz not forget the raw fact what economy did she inherit post covid post brexit…. TALKING EASY DELIVERING IS D RAW REALITY 😀😀😀😀

  30. @jeremysmith8035

    January 7, 2024 at 7:38 pm

    oh yes it is,the banks and markets had rather different ideas about how the economy works than the libertarians still appear to have

  31. @hairyjohn5825

    January 7, 2024 at 7:38 pm

    The Tories had their chance, and they failed miserably! We need a general election now!

  32. @b.critical7873

    January 7, 2024 at 7:38 pm

    The IEA,a right wing think tank,I wonder how unbiased they're gone to be concerning a right wing government making a mess of the economy!

  33. @robertjones3613

    January 7, 2024 at 7:38 pm

    Liz Truss never stood a chance from the moment she became PM due to the sour-faced mob in the Party. It will be exactly the same for the next person should they not be shoe-horned in by the sour-faced mob.

  34. @andrewoliver8930

    January 7, 2024 at 7:38 pm

    Incorrect memes?
    Oh no, that's never happened before.

  35. @springer3783

    January 7, 2024 at 7:38 pm

    The economic “problems” aren’t actually there. The uk economy has no trouble that’s not in the rest of the western world
    This was a media driven coup aided and abetted by globalists in her own oarty

  36. @evolassunglasses4673

    January 7, 2024 at 7:38 pm

    ÂŁ2.4 trillion debt. Just think about that!

  37. @ajons190

    January 7, 2024 at 7:38 pm

    Lol. Even the lettuce knows more than this guy.

  38. @evolassunglasses4673

    January 7, 2024 at 7:38 pm

    The West is bankrupt propped up by money printing. These issues have been building for years if not decades.
    Spend borrow print repeat was always going to end badly.

  39. @AK-ru3sg

    January 7, 2024 at 7:38 pm

    I wonder how many of those people complaining about heating bills and mortgages have BMWs, Merc's and other expensive cars that they pay for monthly. Do they really need an expensive car that they can't afford to buy outright?

  40. @niknoks7638

    January 7, 2024 at 7:38 pm

    Bring back Boris! 😉👍

  41. @tavuzzipust7887

    January 7, 2024 at 7:38 pm

    The UK is no longer governed by the elected representatives of the British people. but by the puppets of the globalist WEF. It doesn't matter who's PM. As long as it's not fishy Rishi who started it all by stabbing Boris in the back.

  42. @seanpidduck

    January 7, 2024 at 7:38 pm

    The IEA is made up of competent people who favour right wing policies. Hence, the infantile lefty activists from Twitter think they are evil

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