Lloyds of London tried make oil prices spike TRUMP STOLE THEIR INSURANCE BUSINESS which provides over 9% of UK GDP

[DisobeyTyranny]

View: https://x.com/sxdoc/status/2032504478046498889

 

[the_pamplemoose]

Kek!

 

[Nink]

So are we all LaRouchites now?

 

[DisobeyTyranny]

I don't think so... what point are you making?

 

[Hirudinea]

Well if you're going to go mental why not go all the way?

 

[DisobeyTyranny]

I have not put forward anything mental.

 

[Hirudinea]

@DisobeyTyranny

Just reposted it.

 

[DisobeyTyranny]

@Hirudinea You are wrong. It's not a mental post. Are you OK?

 

[Hirudinea]

@DisobeyTyranny

I'm fine, just not a LaRoucher.

 

[DisobeyTyranny]

@Hirudinea OK but you have offered no reason whatsoever why the post is "mental". Strikes me as desperate name calling and insulting slurs.

 

[DisobeyTyranny]

@Hirudinea Just a note... Promethean is on record for having broken from Larouche for whatever that is worth. Personally I don't care much for what is left of the Larouche organization

 

[Hirudinea]

@DisobeyTyranny

Anyone talking about the "British Empire" is mental.

 

[border_humper]

@Nink why, are you asking from the City of London??

 

[Nink]

London, Ontario?

 

[border_humper]

@Nink The Sharia one, not the gay one.

 

[Hirudinea]

@border_humper

That doesn't narrow it down much.

 

[ChevChelios]

Yep, the recent spike in oil prices has nothing to do with Orange Jesus and his attack on Iran, it was those goddamn Limey bastids all along! MAGA really is just a delusional cult of personality

 

[Hirudinea]

Cults usually have more coherent ideology.

 

[CaptainTrouble]

The insurance companies didn't try to make oil prices spike. The insurance companies were merely adjusting the price of their insurance given the new information regarding the heightened risk in the area. Trump, not wanting oil prices to spike decided to offer insurance at a SUBSIDIZED price, meaning the American public would be paying for the insurance to foreigners. It is a good move politically for the American government but not a good move for Americans in general but if the end result is that the USA captures significant market share in the insurance industry over the UK, then it'll have proved a good move overall. Technically, the USA government subsidizing insurance like this and offering it to foreigners is a type of "trade war" through "State Sponsored Dumping". The UK should respond by putting tariffs on the American insurance being offered such that the price after tariffs matches Lloyds for domestic purchasers then when the USA eventually sells insurance for the correct price given the risk (no longer dumping), the UK should subsidize Lloyds to offer cheaper insurance than the Americans to buy back the lost market share. Of course, I don't think there's anyone competent left in any Western government so... just watch the UK crash and burn, I guess.

 

[Hirudinea]

Very good summation.

 

[d01tg0d0wn]

Not what many of us learned. They actually withdrew insurance for anyone who wasnt aligned with the crown. Think about that for a second. Thats very telling isnt it

 

[CaptainTrouble]

Every country should stop selling anything to people that doesn't align with the interests of the country. The problem is that the British Crown is corrupt