The Conservative Party

Gov 2 year bond yields have jumped from 4.9 to 5.3 this morning. Markets anticipating that the BoE will have to get significantly more aggressive to combat inflation. That level of spike is massive for financial markets. Gov policy and BoE policy working against each other.

Massive levels of incompetence on display.
 
bobmcfc said:
Who's that squirly little gimp on the right of him ?
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That's Simon Clarke, I think - Levelling up/housing/communities minister.Seems to be the one they send out to the media quite often. Didn't much like being grilled on Breakfast this morning when being asked to answer the questions - every answer was "grow the economy and it'll help later", but a large number of people and services need the help now!

There seems to be no interest in moving away from chasing the pot of gold at the end of the rainbow (just over the horizon). Possibly in the gaslit uplands.
 
MillionMilesAway said:
That's Simon Clarke, I think - Levelling up/housing/communities minister.Seems to be the one they send out to the media quite often. Didn't much like being grilled on Breakfast this morning when being asked to answer the questions - every answer was "grow the economy and it'll help later", but a large number of people and services need the help now!

There seems to be no interest in moving away from chasing the pot of gold at the end of the rainbow (just over the horizon). Possibly in the gaslit uplands.
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Deffo spends his downtime on all fours on a dog lead, drinks water from a dog bowl in the corner of Lizz Truss's office . Gimpy kunt
 
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Gabriel said:
Still don’t know how that happens. The mechanism for this government (or any current Conservative government) collapsing and being forced to go to the people is just hard to imagine. Similarly, it’s hard to imagine them calling a snap election; the things they are introducing will not have an immediate effect in improving the lot of the average person, if ever. I don’t see them going for another leadership race before the next General Election.
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Panic. A lot of the 2019 new intake and quite a few established MP's can see how they are fucking over the country and that they are going to lose very lucrative jobs because of how they have fucked the country. Nothing of what they were elected on will have happened - Red Wall seats will not be better off - there will be little signs of any inward investment - the established seats who wanted rid of the EU because of forriners will see that more forriners than ever are getting visa's and working here, there are no new affordable homes for their kids and if they can go abroad the costs will be astronomical thanks to a crumbling pound so panic will set in and I think that they will look around to try and shoe horn someone in who might have the character to give them a win
 
bluemoon32 said:
The spending cuts are going to be savage
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As I understand, it will be largely funded by borrowing more. Weirdly, when money was cheap we refused to borrow more (austerity) and now money is getting expensive we are going to borrow loads more.

Timing not the Tories strong point.
 
In cards this would be an "OOH fuck they've gone all in." Added to this, they've gone all in blind
 
Gaudion M said:
Gov 2 year bond yields have jumped from 4.9 to 5.3 this morning. Markets anticipating that the BoE will have to get significantly more aggressive to combat inflation. That level of spike is massive for financial markets. Gov policy and BoE policy working against each other.

Massive levels of incompetence on display.
Click to expand...

Yeah, the markets think the Govt are morons. They could be onto something.
 
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