Ryan (@ryanopines) header
Ryan (@ryanopines) profile picture

I’m Ryan and have an opinion

Joined January 2022
Photo by Ryan (@ryanopines)Photo by Ryan (@ryanopines)Photo by Ryan (@ryanopines)Photo by Ryan (@ryanopines)Photo by Ryan (@ryanopines)Photo by Ryan (@ryanopines)Photo by Ryan (@ryanopines)Photo by Ryan (@ryanopines)Photo by Ryan (@ryanopines)Photo by Ryan (@ryanopines)
I’m still bullish on AI despite mid terms and issue over data centres. Perhaps a buying opportunity
Absolute insanity. In just 40 minutes, the S&P 500 has now erased -$2 trillion in market cap. The entire post-Midterm Election rally has been erased in a matter of minutes. This is one of the fastest market cap losses in stock market history.
52
This point is damming of governments of past and present (although present has made it worse) Rationing of energy, planning, labour all contributes.
The subtext to the whole MPR is “the UK can’t grow particularly fast without generating inflation”. That is why the MPC felt they had to act to a supply side shock.
4
252
Spring election with inflation at 5% pull the other one
NEW Bank of England RAISES rates to 4% for first time in 3 years 8-1 vote (with 1 vote for 0.5% rise) Q3 GDP growth now forecast at 0.7% Inflation set for 4.9% in spring
1
1
9
705
That trend of Badenoch since late summer early autumn of last year is quite something. Trying finding a historical precedent for it and am struggling.
Replying to @LukeTryl
After a downer last week, party leader approvals are up. Burnham is up 2 to +10. Badenoch jumps even more to +8 her highest net approval we’ve recorded. Davey is up 1 to -11, Lowe up 2 to -16, Farage up 2 to -26 and Polanski up 2 to -34.
23
49
9
489
39,694
Next week he’s going to be very clear that he didn’t say this.
🚨 WATCH: Andy Burnham attacks the Tories' proposed £36bn cuts to the welfare bill "They're putting a number before people... if they were to do that, there'd be another big number for the utter chaos that they cause in people's lives"
2
273
Honestly how many times has he had to be clear when he’s not been very clear.
"I've been very clear that we do not support reparations." Prime Minister Andy Burnham on whether more UK taxpayers' money will be directed to Commonwealth countries as a result of the government being open to an apology for the UK's role in the slave trade.
2
124
Lads…..just saying
Tories: we broke the immigration system Also Tories: we really really think you can trust us to fix it though
1
71
Spring election off the back of that. Good luck is all I’d say
The latest predictions for the January Price Cap - AWFUL, up 28.8%! This is our internal MSE document where we average three forecasts and how its changed over the past few weeks as wholesale rates have continued to rocket. PS Jan prediction is getting much more locked in as we're 85% through the 19 August to 17 November 2026 assessment period. April & July predictions are much more crystal ballgazing.
43
So an annuity…🙃
NEW: We are going to resurrect genuine pensions for millions of private sector workers
1
88
Genuinely don’t understand why they’re doing this and I’ve read the article
18
So today we’ve had a party want to bailout a private business and a party say employers aren’t working people.
2
125
Errrrr
'I don't think employers are working people.' @CamillaTominey grills Chief Secretary to the Treasury, Emma Reynolds MP, over whether Labour has breached its manifesto pledge in the Budget. 📺 Freeview 236, Sky 512, Virgin 604
1
192
Yep she’s good at this
Slavery was an evil in which people from every continent and region participated. We should be honest about the whole history, not select the parts that are politically convenient today, especially given Britain's leading role in ending the transatlantic slave trade. If Caribbean countries are asking Britain for a formal apology for Britain’s role in the transatlantic slave trade, will they also be asking the same of the descendants of African kingdoms, rulers and merchants who captured, sold and profited from the trade? On demands for reparations, whether through cash or debt relief, we have been down this track before. Twenty-five years ago, Jubilee 2000, Drop the Debt and Make Poverty History argued that cancelling the debts of poorer countries would give them a fresh start. More than $100 billion of debt was eventually written off, but many of those countries have since built up even bigger debts. Labour are already spending too much on Britain's welfare state, now is not the time for Andy Burnham to be providing global welfare. There is no reason British taxpayers today should be held financially responsible for things that happened generations before any of us were born. And I have even less patience for political elites in commonwealth countries who don’t know how to make their own citizens prosperous now looking for another opportunity to blame Britain. As Prime Minister, Andy Burnham should be Britain’s greatest defender. Instead, he is writing articles saying we need to confront our history (as if we haven't done enough of that) and considering another formal historical apology. Tony Blair already expressed Britain’s deep sorrow and regret for our role in the slave trade nearly twenty years ago. There is no need to do so again. This is all another navel-gazing distraction. The Commonwealth should be looking forward, not endlessly backwards. That means economic partnerships to make us all richer and deeper military and security cooperation against common threats. If every Commonwealth summit becomes an exercise in presenting Britain with demands for cash then we need to start asking if it is worth the effort.
11
393
Reform are left wing economically latest
12,000 jobs at Poundland are on the line. Wall Street shouldn’t be allowed to destroy a major British business to satisfy their investors. Burnham needs to act.
1
2
339
Correct. Cheap energy is the foundation of good strong economic growth.
Also worth noting that nominal disposable income is up almost 45% in the UK over the last decade. The "jaws" has been inflation. Yes, Ukraine and Iran were exogenous shocks, but two decades of UK energy policy failure have amplified these impacts. The most bullish thing for the UK economic outlook this week was a very clear grabbing back of UK energy policy by HMT, from DESNZ. The only industrial strategy worthy of the name is cheaper energy. All the workhorse economic metrics (RHDI, Corporate Margins, Business Investment) benefit from cheaper energy. This is not about shoehorning in renewables, or N Sea O&G, or Nuclear policy. It is about a model where 24/7/365 there is plentiful, cheap energy to input into economic activity. If I were shaping UK economic policy I would prioritise delivering cheap energy over all other economic goals (actively moving resources from the myriad of downstream projects, to pursuing this single goal) - and approach the policy trade-offs accordingly.
1
1
177
Except we’ve got an ideological driven government that wants to set an arbitrary target of 2030 clean energy without a plan adding to rising costs
24
How much is national insurance increase a factor in this ?
NEW: Andy Burnham has demanded answers about the insolvency of Poundland, which has its largest distribution centre in his constituency of Makerfield. The PM tells @Telegraph: "If there was a potential owner to avoid this that hasn’t been accepted, then the Business Secretary and I want to know why that is the case. We stand ready to support the workforce however we can.” Burnham wants to know why Gordon Brothers, the chain's owner, rejected a solvent bid from Ireland’s Martin Property Group for the entire Poundland business earlier this week. Story here with @LukeVanceBarr: telegraph.co.uk/business/202…
1
156
Bring back Starmer…all is forgiven
6am: Healey tells BBC he will bring down benefits bill before election 8:20: Treasury dispute the story 1pm: No10 disown it saying they have never set a target 2pm: PM says cuts as soon as possible 4pm: Healey says Labour won't bring bill down this Parliament
33