• Hyperinflation though...you think it will really be that bad?

    This country is now being run by ideologically-driven disaster capitalists, supported by increasingly fanatical ethnonationalists. When we crash out and things start failing, they're not going to acknowledge their mistakes, they're going to blame everybody else. So there's no reason to expect rational reactions to problems, there's every reason to expect them to double down. All presided over by a clown who has already declared war on Europe, wearing a tin helmet and invoking the spirit of the blitz.

    Yes, it could get that bad. Bannon would be delighted.

  • I'm an utter noob in all this.

    But will UK monetary policies and refusal to print cash willy nilly not lead to the 2008 crash (again!!!!) sort of scenario and another 10-20% drop in sterling and even more going to the 1% / foreign asset strippers rather than hyperinflation?

    As that often requires an utter lack of monetary policy and overborrowing too.

    But your character assessment I have to agree with... Was it not Bannon on BBC news saying the disruption hasn't even started yet? The ironing.

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