Gazing Into The Crystal Ball
We still don't have a government. Or, at least, we do- sort of- but it's the old one. I don't suppose Gordon Brown is doing much governing at the moment, but his chancellor was in conference with other European money men over the weekend, agreeing a rescue package for the Euro and committing £15 billion we don't have to the kitty.
Meanwhile, Nick Clegg has a choice of alliances- neither of which is likely to hold together long. A Lib-Con coalition will be undone by ideological differences and grass-roots distaste, and a Lib-Lab one by the fragility of its majority. The electorate has expressed its deep-seated distaste for all the parties by condemning them to a season of anxiety and impotence.
I don't have any reputation to lose so I'm going to be reckless and prophesy a second election before the year's end, and- going even further out- that David Milliband will be Prime Minister by Christmas.
Meanwhile, Nick Clegg has a choice of alliances- neither of which is likely to hold together long. A Lib-Con coalition will be undone by ideological differences and grass-roots distaste, and a Lib-Lab one by the fragility of its majority. The electorate has expressed its deep-seated distaste for all the parties by condemning them to a season of anxiety and impotence.
I don't have any reputation to lose so I'm going to be reckless and prophesy a second election before the year's end, and- going even further out- that David Milliband will be Prime Minister by Christmas.
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The Lib-Con government will be shambolic- torn apart by internal dissent and heavily clobbered by events beyond its control. The British electorate has no real liking for Cameron- and they will like him a lot less when they've suffered for a few months under his leadership.
Meanwhile Gordon Brown- the prime architect of Labour's defeat- will have stepped down, allowing the party to renew itself under Milliband.
Towards the end of the year a failing Cameron government will call an election and Milliband's resurgent Labour party will sweep to power.
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I've always wondered what the real story was....
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Is there a feeling of anxiety on the street, would you say?
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As a bit of a political nerd, I find it all very interesting- exciting even- but I'm not anxious.
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Money markets are always jittery. Seems like the wealthy are often insecure to the point of paranoia and market churn reflects that.