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If Corbyn wins

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    If Corbyn wins

    Which is thankfully highly unlikely

    below an analysis I stole from LinkedIn

    Analysis of the first 24hrs of a Corbyn government, starting with the exit poll on Thursday...

    22.01 (12Dec19) Exit poll shows Labour, led by Jeremy Corbyn, likely to form a new administration.

    Effect: International currency markets start to sell sterling. Short term domestic reaction likely to include interest rate increases that will affect mortgages and personal debt.

    08.00 (13Dec19) Domestic stock market trading begins in earnest.

    Effect: Shares sold in companies deemed at risk of nationalisation and in companies in their supply chain. Value of associated pension funds and wider economic confidence falls.

    08.00-13.00 International reaction

    Effect: ‘Five-Eyes’ intelligence partners review policy of sharing material with HMG.

    14.00 Corbyn-led administration takes office

    Effect: Political appointments made to previously non-political roles (senior Civil Service, BoE, etc).

    Summary

    Likely net effect at end of Day One: mortgages at higher risk of default; pension values and economic confidence decreased; international standing reduced; political independence of key institutions reversed.
    Слава Україні! Героям слава!

    #2
    Originally posted by MasterBait View Post
    Which is thankfully highly unlikely

    below an analysis I stole from LinkedIn

    Analysis of the first 24hrs of a Corbyn government, starting with the exit poll on Thursday...

    22.01 (12Dec19) Exit poll shows Labour, led by Jeremy Corbyn, likely to form a new administration.

    Effect: International currency markets start to sell sterling. Short term domestic reaction likely to include interest rate increases that will affect mortgages and personal debt.

    08.00 (13Dec19) Domestic stock market trading begins in earnest.

    Effect: Shares sold in companies deemed at risk of nationalisation and in companies in their supply chain. Value of associated pension funds and wider economic confidence falls.

    08.00-13.00 International reaction

    Effect: ‘Five-Eyes’ intelligence partners review policy of sharing material with HMG.

    14.00 Corbyn-led administration takes office

    Effect: Political appointments made to previously non-political roles (senior Civil Service, BoE, etc).

    Summary

    Likely net effect at end of Day One: mortgages at higher risk of default; pension values and economic confidence decreased; international standing reduced; political independence of key institutions reversed.
    And your actual source for that?
    "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

    Comment


      #3
      Originally posted by DaveB View Post
      And your actual source for that?
      Greig Baker on LinkedIn: My firm writes confidential briefings on politics. This is from one | 24 comments
      Слава Україні! Героям слава!

      Comment


        #4
        Not exactly unbiased then.

        Greig Baker, Author at BrexitCentral

        Greig Baker is Chief Executive of The GUIDE Consultancy and is also Chair of Canterbury Conservative Association.
        His company would appear to be just him.

        Turns out he's also the Tory party activist who leaked the Ashworth phone call. Not exactly what you would call trustworthy if you are prepared to stab a friend in the back for political gain.

        General election 2019: Jonathan Ashworth apologises after Corbyn criticism leak - BBC News


        Mr Ashworth named the friend he was speaking to as former local Conservative Association chairman, Greig Baker
        Last edited by DaveB; 11 December 2019, 15:44.
        "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

        Comment


          #5
          Originally posted by DaveB View Post
          Not exactly unbiased then.

          Greig Baker, Author at BrexitCentral



          His company would appear to be just him.

          Turns out he's also the Tory party activist who leaked the Ashworth phone call. Not exactly what you would call trustworthy if you are prepared to stab a friend in the back for political gain.

          General election 2019: Jonathan Ashworth apologises after Corbyn criticism leak - BBC News
          Good old Project Fear. Still, the gammons lap it up.

          Comment


            #6
            Originally posted by Old Greg View Post
            Good old Project Fear. Still, the gammons lap it up.
            Except none of that developed scenario bears any causal relationship to Brexit, only that the McDonnell/McClusky axis is in charge of the UK.

            So now who's the gammon?
            Blog? What blog...?

            Comment


              #7
              Originally posted by DaveB View Post
              Not exactly unbiased then.

              Greig Baker, Author at BrexitCentral



              His company would appear to be just him.

              Turns out he's also the Tory party activist who leaked the Ashworth phone call. Not exactly what you would call trustworthy if you are prepared to stab a friend in the back for political gain.

              General election 2019: Jonathan Ashworth apologises after Corbyn criticism leak - BBC News
              To say the gammons on here are gullible is an understatement It's on LInkedIn and it matches my own biased view so it must be correct

              Hilarious
              I am what I drink, and I'm a bitter man

              Comment


                #8
                Originally posted by malvolio View Post
                Except none of that developed scenario bears any causal relationship to Brexit, only that the McDonnell/McClusky axis is in charge of the UK.

                So now who's the gammon?
                You.

                HTH

                Comment


                  #9
                  If the Labour party get's into power on Friday I think it's pretty certain that we will effectively have a one party state that will never leave office again.

                  This thesis is summarised here:

                  Why Tories are becoming extinct - UnHerd

                  Comment


                    #10
                    Originally posted by TwoWolves View Post
                    If the Labour party get's into power on Friday I think it's pretty certain that we will effectively have a one party state that will never leave office again.

                    This thesis is summarised here:

                    Why Tories are becoming extinct - UnHerd
                    Classic Project Fear. Keep it up!

                    Comment

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