[ianch99]

Originally Posted by Damien

Just to be clear that's a writer in The Spectator mocking Sunak's 'doomer' predictions.

Which has become a theme in recent years. Promise unicorns such as tax cuts and increased spending and mocking any warnings of the consequences as doomerism.

Just to be clear, it is not a writer in The Spectator who said this, it is Sunak who apparently said this:

In August, Sunak had warned that it would be “complacent and irresponsible" to ignore the risk of markets losing confidence in the British economy, as wagers against UK government debt sent short-term borrowing costs in the gilt market soaring.

“There will be a run on sterling. The gilts market will be in freefall. And the FTSE will tumble as global investors take fright and sell off every form of British asset. It might take only a few days, or the government might stagger through until the end of September, but before long Liz Truss and her new Chancellor Kwasi Kwarteng will have been forced to call in the IMF to stabilise a collapsing economy," Sunak had said.