Decline and fall of Britain

It is time the financial world woke up to the economic destruction being perpetrated by the Labour government on the British economy. Both sterling and bonds are bound to crash.

Last year, in a fit of pique against a government that had lost its political way, the British public elected a Labour government by default. As has often been the case in British politics, the incumbent government lost the election rather than the opposition won it.

Let’s look briefly at some of the new government’s ministers’ credentials.