beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,014
its fun, however you couldnt plan for Kwarteng to do a parliaments worth of cuts in one go without passing OBR or even any real briefing. had they just got the energy cap and maybe one of the to do list done, it wouldnt have had the impact. they were undone by their hubris. sterling was rising initially when he started.I do wonder (and, yes, this is a late Friday night wonder) if Johnson had got his mates in the press to back Truss once he'd resigned, knowing full well she wasn't up to it and he'd get an opportunity to come back.
If so, he'd certainly got the measure of her (but then two minutes watching her does that) but hadn't at all reckoned on the speed with which the markets would kill her, nor the knock on effect on the middle class.
It's a good live example on conspiracy. That at a high level, someone like Johnson who knows all the right wing press could exert influence, giving some credence to the theory, before its effectiveness is disproved by something utterly unexpected and uncontrollable, in this case the financial markets.