Don’t expect Britain’s first hedge fund premiership to be smooth or enjoyable

17 comments
  1. More appropriate to say he is the first prime minister from westminister public school opposite the houses of parliament in 200 years

    Before anyone gets their hopes up … Nick Clegg also went to the same public school

  2. Is anyone actually thinking positively about this man’s government? Tories hate him cause he is socialist apparently and everyone else hates him cause he is a rich cunt totally out of touch with the working people of this country.

  3. We’ve had the cult of personality that was bojo the clown, then came the oil company puppet, now we’re getting a hedge fund.

    I wonder who he is gonna represent…

  4. Isn’t Sunak exactly the type of arsehole that we all hated in 2008 for bankrupting the worlds economy?

    Did we just forget about that?

  5. He will do better than Truss ever could, however he will still put the rich above the working class at every possible moment. He will keep the UK ticking along but he will make great use of things like freeports and I expect there will be a lot less regulation in the City too. It will be fine for those rich enough to benefit from his policies, the rest of us will just continue to struggle on.

  6. having someone who has literally nothing to lose if the entire economy collapsed tomorrow as PM is fucking terrifying.

  7. People assume hedge funds are successful because they make lots of money. The reality is that money is generated by the productive part of the economy. When the people assume the hedge fund is all that is required, everything will break.

  8. >But the reality – depressing as it might be – is that the ability of those politicians to act is circumscribed by markets. They can, to give you a straightforward example, only borrow to the extent that investors around the world are willing to lend them money.
    >
    >Markets matter not because they are right or wrong (that’s not how it works) but because that’s where the money is. And Britain, a country with enormous “twin deficits” on its current account and government account, is more reliant than pretty much any other developed economy on borrowing from those markets. This is just the way it is – ask anyone who worked at Goldman Sachs.

    ​

    Well, how about the Government spend less money and we stop living beyond our means? How about we actually invest in things that would improve the country such as infrastructure, education and technology?

    We need to accept that the Governments financial liabilities and commitments are unsustainable. It’s the nature of politicians to create money to spend as they never have to deal with the consequences. It can’t continue. Therefore it wont continue.

    If you spend more than you earn, at some point, it stops working. There is no way we can be saved from this now. I hate this lot as much as anyone but this isn’t a false dichotomy red vs blue problem.

    Rishi is an establishment guy so will just do more of the same as he has constantly been a beneficiary of the status quo.

    I’ve been thinking for a long time that we will probably have to choose between the NHS and welfare systems and I think we are approaching something like that juncture. It seems like it’s the former which is the most at risk as cutting the latter would create more immediate problems as oppose to issues down the line (when someone needs healthcare).

    We are fucked but in a way worse way than people imagine and the end of this decade will look nothing like the start.

  9. since they refused our request for a general election, since this party wants to follow “the will of the people” would it not be a good time to hold a second petition with the caveat that we would have a general strike?

    I suggest this now because the racists in the tory party that have now left will support this to get rid of “the pakki” while the rest of exploit their support so we can elect a less shit party

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