There was little old me trying to lighten the mood with my previous post ?
This article is completely wrong , it is Gordon Brown who clearly and unequivocally laid the groundwork for this crisis, not Brexit! Liz Truss may eventually turn out to be the worst PM ever, but at the moment , as the person who’s policies when Chancellor exacerbated the so called ‘Global ‘ Financial Crisis & were responsible for the worst financial crisis ever to hit the UK, very nearly bankrupting the Country , and especially by stealing over £10 billion a year from British Pension funds , ruining the pensions and aspirations of millions of people, not only by reducing the value of the Pension Funds but directly by his theft, the ensuring the demise of Final Salary pensions. The result was / is that the pension structure is very much higher risk and very reliant on the ‘ market’ and on the whim of traders, hence when they look to unload gilts , in order to profit from the sale, pensions ( amongst other things ‘) suffer ,and to put it simply, the mini budget made them wet their silk pants , dumping gilts and reducing the value, instantly, of pensions, which is why the BofE stepped in to save the pension s of millions. So the Chancellor was the one person who upset the red bracers brigade in the city, with them fearing having to drink Liebfraumilch at lunch rather than Moët, but Gordon Brown, I repeat, Gordon Brown stealing £100 billion from pensioners and removing pension safeguards was the root cause of the threat to pensions!
I don’t think the Brown/Darling government can be blamed for laying the groundwork for the Truss/Kwarteng’s government’s drastic incompentence of crashing the £, nor has Brexit got anything to do with it. As I see it the only common denominator between Brown/Truss is they both have had disasterous consequences on the country. Brown with pensions, Truss with her current failings.
Just as Brown put the final nail in the coffin for Labour, Truss will undoubtably be the final nail for the Tory’s.
As for the Guardian rag it depends whether you sit left or right. A remoaner or Brexiteer, whether you agree with its comments. Personally I have never agreed with them.