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JMButler's avatar

Frankly, if it gets rid of Starmer, there will be parties in the streets.

We all know things can't carry on financially as they are, with high borrowing, tinkering at the margins and overweening ideological bullshit; repatriating immigrants and criminals would be a step towards fiscal sense, if only a minor one. This won't happen under Labour.

We cannot take in the world's poor and mutinous and expect to prosper. Isn't that Financial Fact 101?

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Spud Ruckus's avatar

The Insurance companies tired to the California fires are going to be in trouble at the estimates of damage continue to tick up to hundreds of billions... Along with the reinsurance companies...at least half of which are based out of Europe. Black Swan?

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Mr. Simon Field's avatar

If you were a “Lloyds name” you would nit be sleeping well!

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Spud Ruckus's avatar

Tied* to

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Cameron Macgregor's avatar

Good thinking. Hard to say, it is crack in the edifice. At this stage it may not be a black swan as much as a gargantuan white swan that breaks the system. I still think the fire will start in the bond market, Euro or US.

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Jan 13
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Cameron Macgregor's avatar

Yes - BOE behind closed doors is almost certainly in an emergency posture. There is not much they can do at this point.

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