November 13th, 2008

Gavyn Davies Advocates Mugabenomics

Some of the more excitable co-conspirators have been warning in the comments on this blog for that Britain is heading the way of Zimbabwe. Guido has until now discounted them as being over the top (yes the comments here do occasionally go ever so over the top).The government’s economic policies do sometimes seem to be a form of voodoo economics involving uncounted debt, faked statistics and ever changing “rules”. Gavyn Davies, a former Goldman Sachs managing director and MPC wise man is close to the Brownies – his wife Sue Nye was Gordon’s diary secretary and is now the Director of Government Relations in Downing Street. So when he advocates, as he does this morning, turning on the printing presses at the Bank of England and just printing more money to solve our woes, you can believe this is being discussed in Downing Street.

Are we now at the dead end of the New Labour era and Mugabenomics is a serious policy option? This is madness.



Seen Elsewhere

Speaker Bercow Defeated | BBC
Nigel Farage is Bigger Than Jesus | Speccie
Year of Sleaze | City AM
Top 10 UKIP Donors | London Loves Business
Tory Candidate Leaflet Blooper | Get West London
Why Aren’t Middle Class Voting Tory? | Sun
UKIP Do Not Have Monopoly on Fruitcakes | Danny Finkelstein
Ed Must Stop Dithering | Mary Riddel
Ed Cannot Rebuild Trust From Westminster | Rafael Behr
An Open Letter to Russell Brand | "Jo"
Merry Bin-Mas From the Greens | Speccie


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