Friday 14 October 2022

Chaos on Friday

Today, Friday 14th October, there would either be u turn on the mini budget, or the economy would tank.

There is to be a u turn.

Maybe several u turns.

The Chancellor has been sacked.

Has been sacked for implementing the Prime Mnister's key policy.

Truss has now made enemies of the last two Chancellors and their friends. She was already without much support in the Parliamentary Conservative Party. Now she has less.

The free marketeers who shouted about their love and believes in the free market have been beaten by the very same markets.

I could have written about this every days this week, but as soon as published it would have been out of date.

I don't think Truss will be PM at Christmas. November the 5th seems over optomistic.

Had billions not been wiped off the UK economy, I would be laughing like a drain.

We warned Truss would be shit.

But, we were warned by her supporters, do not underestmate Truss.

We did underestimate her.

We underestimated how shit she actually was.

Enjoy the weekend.

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