- Oct 20, 2022
- 7,219
Banon is projecting - it is America heading in that direction not the UK - we don’t do revolutions.There is a long game at play here and this is my opinion.
Farage takes his orders form Steve Bannon, regardless what you think of him he is quite often on the money. Bannon was on GB News interview saying he thought the UK may be on course for a violent revolution. To avoid that the first part is to destroy the Tory party so bad its easily replaced next time by reform(Or taken over).Meanwhile the theory goes about 2 years into a labour government the Labour party will unravel due to internal conflicts and possible major market crash.
I think you are on the money with Farage and indeed other hard right UK politicians - and yes, there are factions and new conservative groups popping up all over the place in the Tory Party causing stress fractures.
Liz Truss is heading a new group, the Popular Conservatism group, that is vying for influence on Sunak’s manifesto pledges. Truss is also, like Farage, strongly supportive of Trump being reelected (and she’s helping to platform him both here and US) - I think the Tory Party will faction off and and either unravel completely or form a breakaway conservatism party - at the moment the hard left influences in UK politics are too fragmented to cause much ‘damage’ to the 2 main party system that is the status quo at the moment.
I think your assessment of the Labour Party however, is way off base - it is stronger now than I have ever known it - even in the Blair years (arguably one of the strongest periods in recent Labour Party history) the grassroots of the Party were very much working in opposition to the leadership.
If there is a ’major market’ crash - I think this will be triggered by Trump’s isolationist economic policies and his ongoing trade war with China that he started in 2018 and has promised to take up a notch if he wins back the Presidency
Stock market responses triggered by the US-China trade war
The US and China have been exchanging threats and imposing tariffs in a ‘trade war’ since early 2018. Sound statistical and holistic economic analysis of the trade dispute’s consequences is difficult due to data limitations. This column scrutinises global stock market responses to assess the...
cepr.org
As far as “violent revolution” - a war in Europe or the Middle East will be the more likely of violent events in the timescale you‘re envisioning.
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