[JonChesterfield]

Our government announced new economic policies that have been judged extremely harshly by everyone. The public perception of them is also severely negative which increases the risk of the alternative party gaining control next time around.

I really hoped the new leader would be the one with an economics background instead of the friendly optimist. Navigating out of brexit and covid is difficult and the leader sets the tone for how we're going to approach it.

The market deciding the UK is financially unsound seems a legitimate response to our strategy of copy the wise ostrich. Hopefully the people who chose Truss have made enough of a loss this week to reconsider their priorities.

[doublesocket]

> Hopefully the people who chose Truss have made enough of a loss this week to reconsider their priorities.

Except Kwarteng's former boss Crispin Odey is making a killing shorting the pound. https://www.independent.co.uk/news/uk/politics/tory-donor-pr...

[gadders]

Good to see the conspiracy theories starting already.

[JonChesterfield]

Well, yes, there's always the option of bringing a case for insider trading (or possibly treason) for things like that.

It's hard to make more from shorting the pound than the loss across your entire estate from sterling crashing though, unless it's now common for wealthy conservatives to hold most of their assets in dollars instead of UK real estate.