UK Politics Mega-thread - Page 552

On September 04 2019 08:02 Jockmcplop wrote:
Can you imagine Boris trying to sustain an election campaign under pressure if he fails like he did today? It'll be Theresa May all over again, except he just sacked half the competent people in his party.

Is he going to refuse to debate again? I don't think the public will accept it.

Jeremy Corbyn, the scourge of bankers and avowed opponent of capitalism, is winning support from unexpected new quarters: two of the biggest global banks operating in the City of London are warming to the Labour leader.

Unlikely as it may seem, he is now seen as the lesser of two evils by analysts at Citibank and Deutsche Bank, respectively American and German titans of the financial system.

“Is Corbyn as bad as no-deal? Perhaps no longer,” said Christian Schulz at Citi.

It is not that the financiers favour the opposition leader’s plans for “higher taxes, tighter labour laws, spending increases and the nationalisation of network industries”, but that this may cause less harm than leaving the EU without a deal.

“A year ago, a Labour government would have been a big economic downside risk,” said Mr Schulz. “These risks to the longer-term outlook have not changed, but Labour has become more decisively pro-EU over the past 12 months.”

Deutsche’s Oliver Harvey sees an early general election as “the least worst outcome” because a Labour-Lib Dem alliance could stop or soften Brexit, while a larger Conservative majority would stand a better chance of negotiating a deal than the current minority government.

Mr Harvey acknowledged that financiers were worried about Mr Corbyn, but said “these fears may be overstated”.

“First, any market-unfriendly policies instigated during a Labour government are temporary (until the government is voted out of office), and must be set against the permanent shock caused by a no deal Brexit,” he said.

“Second, we see the magnitude of economic damage caused by a no deal Brexit as much higher than policies proposed in the last Labour manifesto.”

On top of that, he hopes that a Labour Government would have to rely on the Liberal Democrats, who could potentially rein in Mr Corbyn’s strongest anti-business instincts.

On September 04 2019 08:56 iPlaY.NettleS wrote:
The real irony here is Britain possibly needing to rely on a foreign leader to ensure democracy is upheld.

A majority of people voted to leave the EU.Parliament can ask the EU for another extension, probably they would get it but that is not 100% chance.Remember the renegotiated date was supposed to be Dec 31 but Macron demanded Oct 31.Having to rely on the French? If that’s what it comes to...

On September 04 2019 16:38 stilt wrote:
The parlement has refused any kind of deal in order to prevent the brexit to happen, they played with fire and got the hard deal, gratz to them but the debate has lasted since 2 years now, maybe it's time to apply a democratic decision and puts an end to this.
On this part, I totally support Johnson (a member of the conservatice oligarchy) against the international elite.

It reminds me when the french parlement in 2008 erased the 2005 referundum, a great democratic moment for most of the brave liberal posters of this website for sure.
When I heard "coup d'etat" from the same who as soon as the referundum was over claimed it was invalid is quite ironic and is showing what occidental democracies really are.

On September 04 2019 16:38 stilt wrote:
The parlement has refused any kind of deal in order to prevent the brexit to happen, they played with fire and got the hard deal, gratz to them but the debate has lasted since 2 years now, maybe it's time to apply a democratic decision and puts an end to this.
On this part, I totally support Johnson (a member of the conservatice oligarchy) against the international elite.

It reminds me when the french parlement in 2008 erased the 2005 referundum, a great democratic moment for most of the brave liberal posters of this website for sure.
When I heard "coup d'etat" from the same who as soon as the referundum was over claimed it was invalid is quite ironic and is showing what occidental democracies really are.

On September 04 2019 08:56 iPlaY.NettleS wrote:
The real irony here is Britain possibly needing to rely on a foreign leader to ensure democracy is upheld.

A majority of people voted to leave the EU.Parliament can ask the EU for another extension, probably they would get it but that is not 100% chance.Remember the renegotiated date was supposed to be Dec 31 but Macron demanded Oct 31.Having to rely on the French? If that’s what it comes to...

On September 05 2019 02:17 Nebuchad wrote:
I'm just having a lot of fun reading about those recent developments to be honest. I was hoping Labour would win the next elections, it looks like it's not a done deal right now, but if we get there we're all set.