Should Labour’s plan to strike, strike, strike to bring the country to its knees and oust the Tories succeed, then we will be in a whole lot of trouble. J. McDonnell, Labour’s comic opera shadow chancellor, has dared to reveal that he expects the pound to nose-dive in value and investment in business to collapse if there is a Labour government.
This scenario could make it a tad difficult for Labour to borrow the trillion-plus pounds, which McDonnell will need to meet his nationalization and giveaway promises. But hey! Making deals your ass can’t cash is the Labour way.
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