Posted on Sep 28, 2022
The pound collapses as Britain's new prime minister gambles on tax cuts for the rich
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"New Prime Minister Liz Truss proposed tax cuts that sent shock waves through financial markets, causing the pound to plummet and putting her own political future in sudden doubt."
The pound collapses as Britain's new prime minister gambles on tax cuts for the rich
Posted from nbcnews.com
United Kingdom
Economy
Taxes
Posted >1 y ago
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PO1 William "Chip" Nagel
LTC Eugene Chu Whopping Big Tax Cuts for the Wealthy, Ity Bity Cuts for the Rest, "Trickle Down Economics?" I wonder where She got that Idea? LOL! "Voodoo Economics" Bush Sr Once Called It.
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This is a Black Swan Event. Italy may also try this which will ruin the country.
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Heard on the early morning news that the British Pound was getting close in value to the American Dollar LTC Eugene Chu
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