Unusual, pre-budget speech with 3 weeks to go feels like they are running scared, prepping the markets for what is to come.

So much talk of stealing more from the public, with a first time in 50 year increase in income tax rise ON THE TABLE!!!!!! What was this for you may ask? Investment? Improving “services” 🤮, no she’s selling all her credibility for some “fiscal headroom”, because things have gone so shit after the last time, and the country has run up the highest first 6 month debt of the year since COVID 😳, any fiscal headroom she had as gone.

Income tax rise, earnings and spending will tank, winter of discontent mkii incoming. Control will be lost again, bond markets will react, money printer hasn’t even got started, hold on tight people.

Medium term, GBP is toast!!

IMF bailout very much on the cards.