The only other explanation is they know what they are doing and are making a killing doing it. It's either incompetence or greed driven corruption - there's no middle ground
This may be a minority view, but I would have as a basic expectation for legislators to become educated enough on financial markets to make informed decisions with respect to the perceptions of the markets. I would expect them to comprehend the gilts problem the first time it is explained to them. If they can't, I would argue they have zero business being legislators.That's a sensational quote. Nobody in their right mind expects an MP to be an expert on everything but The Chancellor of The Exchequer should have a basic grasp of the markets or at the very least listen be willing to base decisions on the advice of experts.
But this particular brand of Tory has zero respect for expertise due to a complete lack of humility. The only other explanation is they know what they are doing and are making a killing doing it. It's either incompetence or greed driven corruption - there's no middle ground.
Another splendid own goal.
Calling utter BS on the mugging excuse an' all.
Another splendid own goal.
Calling utter BS on the mugging excuse an' all.
Shocked I am, shocked I tells ya.
At least that shows some character. I might not agree with the guy on many things, but if he is doing his best and doing it for the benefit of the country and people living in it and doesn't want to leave a car crash then I can at least name a decent Tory MP.Heartening and richly deserved if it happens and people can be bothered to get off their backsides to vote.
Vote winning stuff, right there.And :
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I do believe it is this piece of scholarship: https://www.repository.cam.ac.uk/handle/1810/251742Then it turns out kwarteng has a phd in economic history, not economics. Funny that.
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