Toryism at its worst – help the greedy, do nothing for the needy.

I think we need to be clear about what we know, what we can contribute to the debate, and where our focus needs to be. We need to concentrate on deteriorating prosperity, rises in the real cost of essentials, discretionary compression and soaring financial risk.

The UK is taking extreme risks. Truss was chosen by a tiny sliver of the population – and even they might, given the choice, have preferred Johnson. She was not Tory MPs’ first choice. She has inherited an economy that’s falling to pieces. She is staking everything on a bizarre idea of how to generate “growth”. She seems to be in conflict with everyone from Joe Biden and the EU to the experts in her own country. Her policies are Toryism at its worst – help the greedy, do nothing for the needy.

The FX markets will pass the decisive verdict on this desperate gamble.

https://surplusenergyeconomics.wordpress.com/

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