The Bye Bye Cameron Thread

[Gonzo]

Well, GBP is holding up and there was no trouble with raising an extra £2,500,000,000 of government borrowing this morning so perhaps that is a sign that the markets do not fear the lib-lab government.

[TimberWolf]

Another good one, independent of who Clegg sides with

[AtW]

there was no trouble with raising an extra £2,500,000,000 of government borrowing this morning

That's because Govt allegedly induces commercial banks to buy gilts then quickly sell them back to BoE for freshly printed GBP to make big fat margin and avoid making BoE buy gilts directly.

HTH

[Gonzo]

That's because Govt allegedly induces commercial banks to buy gilts then quickly sell them back to BoE for freshly printed GBP to make big fat margin and avoid making BoE buy gilts directly.

HTH

You mean, the government has started printing the money?

[d000hg]

It's meaningless and disingenuous statement if by that he didn't mean support. What was the point in saying it otherwise, especially with detail in regard to the number of seats and votes.

His party might not allow him to unite with Tories, even though they got first chance to negotiate a deal. That was his choice, as he said beforehand, rather than going straight to Labour.

[TimberWolf]

The Pound is dropping and gold is up this morning, but not significantly, yet.

[AtW]

You mean, the government has started printing the money?

No, no no - nothing of that dirty sort.

The Govt does not print money, it just sells 10-20 year gilts.

BoE prints money to buy gilts by proxy, but don't worry it will get its money back in 20 years.

[TimberWolf]

Gordon Brown has just left Downing Street bound for the House of Commons.

[VectraMan]

I was quite pleased about the coalition, anything to get rid of New Labour.

With Brexit hindsight I wish I'd voted for Brown. Or Milliband.

[SueEllen]

I was quite pleased about the coalition, anything to get rid of New Labour.

With Brexit hindsight I wish I'd voted for Brown. Or Milliband.

Millipede?