Thread: Liz Truss Resigns [Who'll be the next Prime Minister?]
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Old 26-09-2022, 22:21   #369
1andrew1
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by Hugh View Post
https://www.reuters.com/world/uk/uks...rs-2022-09-26/

Truss/Kwarteng/et al - "Trust the Free Markets on what we’ve done! The Markets know best!"

The Markets - devalue the pound/devalue Government Gilts/withdraw mortgage offers/react negatively to what they’ve done

Truss/Kwarteng/et al - "not that way!"…
I think Ed Miliband today said something along the lines that the government believes in the market but the market doesn't believe in the government.
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