Starmer's refusal to go is plunging the economy into a crisis

[WesStreetingForPM]

It seems the markets are VERY spooked by Keir Starmer's refusal to resign.

The bonds yields are now performing worse than they were under Liz Truss and the interest rate on government borrowing is apparently the highest since the financial crisis in 2008.

Both of these point to economic disaster.

Starmer is risking the economy so he can stay in power for a few more days!

We're going to see higher mortgage rates, higher taxes and even less growth.

All because the Labour Party can’t sort out its leadership problems.

You couldn’t be more disingenuous if you tried. We all know that you are a Tory or Reform shill, why keep up the pretence?

NigelFarageForPM

You might as well just say it. Because that's what you'll get after Streeting.

Does anyone actually believe we would get anything better from any party? None of them are able to achieve what they say, or do anything that would be generally given a consensus of opinion from the masses.

Watching economic news and seeing terrible data because the government is in crisis does not make someone a Reform voter. Being concerned that the economy is in dire straits because of this instability does not make someone a fan of Nigel Farage.

It makes them a human being.

Give your head a wobble.

Nah, I’m certainly not invested enough for my “focus to be on this” as per your other thread

I vote for who I believe in a GE. That’s about it. I gave up on politics after about 30 years. They’re all shit.

Well, Rayner or Miliband threatening to arrive is rattling them too.

I don’t like him, but a change of leadership/PM sends the markets into a spiral. 🤷‍♀️

Especially if an even bigger clown is taking over.

fgs. Brought to you straight by Conservative/Reform central office.

is this what we’ve come to?

Did you actually read the photo you posted? It says almost the exact opposite of your claim! It's the prospect of a change in leader and economic policy that has increased bond rates.

AB is definitely odds on favourite for a bond market crisis.

Exactly! The bond market is reacting to the idea of him being replaced, not him sticking around. God, I'm so sick and tired by the tosh on here and all over the web by people who don't have a bloody clue and will believe whatever they read on social media.

The market is reacting to the fact that he has lost the ability to govern, he wouldn"t need to be replaced if he was competent.

I"m sick of the idea that he is somehow a "safe pair of hands", he isn"t, he is incompetent and a disaster for the country.

@KeepPumping in what areas is he incompetent? I genuinely want to know because, imo, he's getting most things right.

Immigration is down
He's avoided us being dragged into Trumps illegal war
The Economy is doing slightly better than expected

They are tweaking visa rules to head off Reform (it won"t work, people know it will be business as usual - Bend the knee to the EU, mass immigration back on If they won another election) Our bases were already being used, I"m afraid it looks like he has lied about that?

The economy is a housing/debt bubble, he can only cling on like every other politician and hope for the best, he isn"t really in control of anything, he is run by the bond market.

His main area of incompetence is that he is hated by large swathes of the electorate because he doesn"t know how to communicate, he is a drone clicking out state orders about diversity, ID, banning people who think differently to you etc.etc.

He is useless as a PM and has to go, hence the reason that his party are starting the process of getting rid of him! The only glimmer of hope is that they have started to re-nationalise the railways, but they don"t really need KS for that do they?