Peston also thinks Cameron’s precipitating a crisis

Posted on February 1 2010

BBC - Peston's Picks: Tories withdraw support from the gilt market.

I'm not Robert Peston's biggest fan

He may not be mine either

But he shares my opinion that Cameron's trying to trigger a sterling crisis before the general election

Would you want a man who did that as Prime Minister?

No, me neither

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2 Responses

  1. Maas101 says:
    February 2 2010 at 9:42 am

    Cameron is not the prime minister. Your logic is flawed, by your own admission the only reason we do not have a sterling crisis is the expectation of a Conservative government making huge cuts, yet you do not want Cameron as Prime Minister. This makes the crisis inevitable.

    Surely if it is to happen then better sooner rather than later so the work of reconstruction can begin under a new government with a solid mandate.

  2. Richard Murphy says:
    February 2 2010 at 10:12 am

    @Maas101

    Whoa….I’ve said no such thing

    The Tories will create a crisis by sending the UK straight into double dip

    That’s what I say

    The only way out of the crisis is to spend, and spend hard now

    This is the Keynesian and only possible way out of this problem

    You’re very very wrong in other words

    Richard