Around a tenth of Britain's population is in Scotland, and it has a tenth of its economic growth. But it is responsible for more than half of the increase in total annual government borrowing.
Someone can independently have a pro-American and pro-Russian stance, without coordinating his/her views with a government. This observation doesn’t omit the possibility of such a person periodically interacting with government or government-connected people (American, Russian or other) – a point that concerns Butina.
It is doubtful the Republicans will soon forgive and forget what the Democrats have put them through ever since Trump entered office in 2016. From Russiagate to Ukrainegate, the Trump White House has been held hostage by a non-stop, media-endorsed hate campaign to oust a democratically elected POTUS.
One of the key factors driving stocks higher in the wake of a trade “accommodation” rather than a peace treaty is momentum – markets want to go higher, anticipating growth. But the market is equally driven by the volume of cash ready to be thrown at it. There is no shortage of ready liquidity - in this sense of too much easy money chasing too few assets, rather than liquidity: “who wants to buy this” conundrum.
Roger Godsiff has subsequently confirmed that he will run as an independent in the general election. In the 2017 election he received 78% of the vote with a majority of 33,944.
To the extent that government can stimulate growth, it’s through structural reforms that improve the investment climate: Cut red tape. Reduce workplace regulation. Fast-track tax cuts. Fix the state-based payroll taxes and stamp duties on property that stifle labour mobility. Make the 30 per cent company tax rate more internationally competitive. Break the construction union’s monopoly power. Restore monetary policy to its appropriate role of maintaining price stability.
As Biden was US Vice President at the time and is currently the leading Democratic candidate for the US presidential nomination, he is clearly guilty of what Trump is accused. Why is only Trump subject to investigation? If an offense that is merely suspected or alleged suffices for impeaching a president, why isn’t a known and admitted and bragged about offense reason to disqualify Biden from being president?
There is massive danger is a reeling bond market. If we see rising yields morph into a serious bond market meltdown, the melt-up in stocks could split and go rancid very quickly. Rising rates have massive negative implications for corporate credit and without the juice of further central bank easing – stock markets could well lose heart.
We can be sure that the EU will do everything it can to stop the UK from being able to adopt policies that make us more competitive. This does not mean lower standards, but better standards and regulations designed by UK legislators for UK conditions and not by EU bureaucrats.
With farmland costing on average $3,140 an acre in 2018, according to the US Department of Agriculture, the daily increase in debt would be enough to purchase 1.14 million acres of land, or around 1780 square miles, an area larger than Rhode Island.
Finally, the government and the opposition are aware of the power disparity between them, which brings to mind Thucydides dictum “The strong do what they can and the weak suffer what they must.” However, the ultimate question and determining factor is: will the influentials see to it that a new constitution is drafted and the peace process moves on to the next step?
"If lawmakers changed current laws to maintain certain major policies now in place [...] then debt held by the public would increase even more, reaching 219 percent of GDP by 2049."