Quote:
Originally Posted by Chris
Err no, it’s collapsing because of the catastrophic economic incompetence of the prime minister.
She was not deeply unpopular before she tanked the currency - no more so than most prime ministers. Nor was the Tory party in the process of tanking the currency or the wider economy prior to her appointment, notwithstanding the inflationary pressures that were (and are) common across Europe.
Pub bore proverbs really don’t help anyone. There are specific factors in play and it pays to at least try to identify them.
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We were almost certainly heading for a recession and higher interest rates in any case.
What she’s done is she’s told us once the drawbridge gets pulled up 99% of us we will get poorer and public services will be decimated while they redraw the tax system to benefit the super wealthy. An atrocious look when you’re in a popularity contest.