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katty kay said earlier, has 2% inflation over 10% inflation, an energy crisis, the possibility of blackouts, 1970-style blackouts coming this winter, and strikes looming on the horizon. things are dark, indeed, for whomever replaces liz truss. she was sort of the ultimate simplistic free marketeer. she felt whatever the circumstances, the tax cuts the solution. of course that s what the markets reacted to. so in a way the ultimate free marketeer was defeated by the free markets. you can t afford this, the timing is offer. the british political system and british people won t accept this in a time of growth. she couldn t defeat the markets. so, whoever comes after her is going to have to first and foremost adhere to james carville s saying, if i died and came back and were recree itted, it would be as the bond markets. but, you know, if you judge britain as a balance sheet, as an economy, as a society, it s actually it looks fine. these are all unforced errors. the ....
I think now we have to concentrate on those who won t stand on her grave or magnanimity in defeat, but where does the government go from here, where does the conservative party go? one thing is the next leader will be elected within one week, which is a much shorter process than we ve had in the past, but the members of parliament bring the leadership numbers down to two and its goes to the party members to choose between the two. in the last reaction, the finance minister won the battle at the members of parliament level, then lost it at the membership level. so liz truss didn t win at the membership level. and i think what is happening now is either they re going to just have a quick members ballot ....