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Yes but French taxes do not cover the spending involved and it’s getting worse

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Yes but all of that costs money. The rise in pensions, rise in pensioners & lack of growth in workers has pushed French government debt to sky high levels. UK did better until a) triple lock b) Brexit c) last because of financial mismanagement. We are both now in the same boat

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Al) they have much higher taxes but lower other living costs, so it balances very roughly out. The UK punched a hole in its finances of about £100bn per year with Brexit.

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And they are all going under. French national finances are dangerously close to total meltdown. German finances aren’t any better. The German economy is pretty openly falling apart, although a lot of that is do with ultra high energy prices.

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Bankruptcy is really a loss of faith. That can and has happened. If you pay people in a rapidly devaluing currency that is default and will be treated as such

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Chimpzilla @chimpzilla.bsky.social · 20/09/2026

It would bankrupt the country. None of those countries can finance those pensions

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He didn’t really - it was a line to sell to idiots.

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Chimpzilla @chimpzilla.bsky.social · 13/09/2026

The biggest problem is that he has shown US institutions are completely unable or unwilling to defend democracy, the rule of law or the US’s relationships with the rest of the world. That is going to have bad implications for generations

Chimpzilla @chimpzilla.bsky.social · 13/09/2026

While the UK continue to screw around. What a joke

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Chimpzilla @chimpzilla.bsky.social · 07/09/2026

Can’t really disagree with that stuff. There’s a good Ian Dunt podcast on Glasman. Very odd guy

Chimpzilla @chimpzilla.bsky.social · 07/09/2026

I don’t think it was fear. Labour got in bed with blue Labour who had some really unpleasant views. A) the blue Labour thing is a cesspit B) it pushed Labour into viewing voters as bigots.

This is really dumb. It is not an OR it is an AND. We need fossil fuels as we change over. You cannot magically make everyone’s boiler magically go away

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Plus oil products are then imported for uk use

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Again (this isn’t rocket science) residential and industrial gas use isn’t going to magically disappear for at least another decade plus

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None of those work in the UK. Solar utilisation rate is about 12%. Wind is better but output regularly collapses inside 5 mins. Heat pumps are a scam & have turned into a policy mess. None of that solves residential and industrial uses

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Basically because we are so dependent on gas for homes and industry (there are no easy solutions here) gas produced here stays here.

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So we use the crude indirectly for our internal market

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Most of the gas and oil will be sold locally on these projects. So it lowers local costs, which is a massive deal. It also lowers C02 as compared to imports

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It’s the sector I work in. UK doesn’t have lng liquidation capacity so gas can only be exported to continental Europe via pipeline. Gas prices are higher in the uk so will not be exported. Plus it is there for an emergency. Oil is exported but mostly to Northern Europe which for oil is one market

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The other option is to import natural gas and oil from the Middle East and North America - at far higher carbon emissions

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Chimpzilla @chimpzilla.bsky.social · 02/09/2026

You are as you behave and do.

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UK policy discussion across the board became totally unhinged in this period. Terrible media coverage on European and domestic issues pushed the uk info sphere into a really terrible place. Unfortunately we seem to still be stuck there

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Chimpzilla @chimpzilla.bsky.social · 01/09/2026

Hopefully it kicks Labour into not taking London for granted

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Chimpzilla @chimpzilla.bsky.social · 31/08/2026

They will - they have made that one clear.

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Chimpzilla @chimpzilla.bsky.social · 31/08/2026

It’s the risk factors as well. The US ability to enforce freedom of the seas is basically getting shredded. The caveat I would add is the supply chains of the energy transition go through the straits as well. That is not well understood by a lot of so called energy experts

020

SNP has published a draft ref bill. If they get a majority they are going to go for it. Westminster is going to have give NI a ref as per the Good Friday Agreement. As of April polls Labour collapsed in Scotland. So u will likely have a Labour Govt denying a vote with limited support in Scotland

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Labour is quietly coming apart in London. Khan sounds like he won’t run again. Cleverly could squeak in if the left fragments

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Because the replacement on the right will be the far right. The replacements on the left and center will be fragmentation

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The collapse of Reform is hiding for now that both the Tories and Labour are still falling apart. If Labour go into the next election with no achievements and an openly xenophobic immigration stance I think we could see Labour’s vote fall apart in many key areas.

Chris Grey @chrisgrey.bsky.social · 28/08/2026

Neither Labour nor the Tories exist anymore as national parties. The collapse of Reform is hiding Labour and the Tories are still falling apart

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Reposted by Chimpzilla

Brexit Britain is still a tinderbox. New post starting the 11th year of my Brexit & Brexitism Blog with analysis of a long, hot summer of Brexit stasis & dishonesty & the reasons for it, Clacton, the Arday case & the culture war: chrisgreybrexitblog.blogspot.com/2026/08/brex...

Image of beginning of the latest post on my Brexit & Brexitism Blog

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Hanging on by a thread. There’s a reason why Burnham is trying to prevent any referendums.

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Chimpzilla @chimpzilla.bsky.social · 28/08/2026

Uk is more complex. It’s pretty clear the United Kingdom is in a disintegration process. Scotland will want to join post independence as a bulwark against an English state. NI will probably be automatically in if it unifies. I’m not sure an English state is viable. That will be a mess

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It’s not closed. It’s differently open

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Chimpzilla @chimpzilla.bsky.social · 23/08/2026

Yes but we all exposed to this. Trump is weaponing trade, energy exports, tech and the dollar. We all need to remove our exposure to the US

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Chimpzilla @chimpzilla.bsky.social · 22/08/2026

I once used a stick of butter in a recipe. Butter was boiling off the cake mix. It was actually a knob of butter in English English

Chimpzilla @chimpzilla.bsky.social · 20/08/2026

I detest the politicians who went along with it with no idea on how to implement it without destroying the country and still pretend the situation isn’t that serious

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Chimpzilla @chimpzilla.bsky.social · 19/08/2026

Everyone is playing for time. Get to the mid terms and hope that the democrats can cut his nuts off. If he engineers a default of us debt, or starts a conflict or starts a full on trade war we could be in 1929 or 1939

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Chimpzilla @chimpzilla.bsky.social · 17/08/2026

The UK has been stuck in permanent crisis since about 2006, when the wheels off the Blair government. He would out in a year, and a year later we would hit the financial crisis. Austerity, Brexit, the collapse of the Tories and the rise of the far right have crushed any sense of civic pride

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Chimpzilla @chimpzilla.bsky.social · 09/08/2026

It’s beginning to look like Burnham’s government may not last very long. It already looks tired, clueless with no ideas on how to deal with the ongoing crisis. My suspicion is that Westminster is going to break in the 18 months on an unprecedented scale.

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Chimpzilla @chimpzilla.bsky.social · 09/08/2026

Ultimately the UK education system has been stripped down to pay pensions. There are other issues, such as social problems, but all of those have seen their spending stripped. It’s an unholy mess

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Chimpzilla @chimpzilla.bsky.social · 09/08/2026

This will be a vey short premiership if that’s all that there is

Chimpzilla @chimpzilla.bsky.social · 07/08/2026

His early appointments on the Home office, trade and several others were a bad sign. It all points to a lack of a real plan or understanding of the mess.

Chimpzilla @chimpzilla.bsky.social · 07/08/2026

I don’t think this is a lack of backbone. This is who they are. They just don’t want to admit that to voters and supporters. It’s still very early but Burnham’s government looks bereft of ideas on how to fix the overall mess. If that is the case I think Burnham will be in trouble by early next year

Chimpzilla @chimpzilla.bsky.social · 07/08/2026

In terms of satellite intel + comms the Europeans got themselves to a point of a) total reliance on these systems b) no control over them. Estimated cost to fix US reliance about a €1 trillion. It can probably be done for a lot less but won’t be cheap. That means US companies can’t be tax free

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Chimpzilla @chimpzilla.bsky.social · 06/08/2026

There is a drift towards a) European defence with no direct US involvement but equipment and stuff like satellites and intelligence b) a lot of the US tech & foreign affairs guys don’t think Europe can do without the US. I think both of those are going to come apart in the next 18 months

Chimpzilla @chimpzilla.bsky.social · 06/08/2026

Exactly that so you have to be sure you can trust the US. There is no way we can be sure, so the current set up can’t hold