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Does Gordon know something we dont?
Comments
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According to The Times the election will be next year.
My feeling is that he's looking at what's happening to the housing markets in the US, Ireland and Spain (as well as the massive asset bubbles elsewhere that have to unwind at some point, e.g. Chinese share prices) and reckons that any hint of HPI flattening or declining leaves him unelectable.
Lest we forget, MEW = 6% of disposable income right now. MEW is harder or impossible if HPI is negative. If the voters lose 6% of disposable income they'll feel a lot poorer and so a lot less likely to vote for the incumbents.
hmmmm... perhaps he should just get the money printing presses working a bit harder...
*puts tin foil hat on*0 -
Labour is broke, they wont hold an election for a while yet.0
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