On paper, it may be the closest run thing the markets have ever seen. But it could all end in disaster for Brownovia well before next Spring. Such looks to be the correct view for investors to adopt ahead of a testing Winter for New Labour, now in its death throes. The next few months will see Chancellor Brown making his final bid to land the UK Premiership, parachuting into No 10 without a hitch. But the Chancellor must work his way across a temporal divide which at this distance seems impassable without a rude buffeting by events. The Chancellor will be operating in market conditions which now include a frenzied UK asset boom growing more turbulent by the hour; a heavily over-valued GBP; and a Bank of England, which by any realistic criterion lost the plot years ago, indeed jettisoned it in a fit of pique. The Chancellor, metaphorically, is preparing to attempt the impossible, the Flying Triple Somersault. High up in the roof of the stadium, he is now to be observed stretching out his white tights, resining up his wrists and hands, moving like a god. Like all great trapeze artists, he is working without a net.
More disturbingly, he is also working without a catcher on the other side of the Big Top...! No way back from that one, once it starts...This is a moment of great political drama for the UK, occurring perhaps once every generation. If Brown fails, he will have destroyed himself; his party; the lead UK financial institution; and most likely the UK economy itself. And how did the UK find itself in such an extraordinary position? Good Trader V sets the scene.
- ISBN10 1844264033
- ISBN13 9781844264032
- Publish Date 1 November 2006
- Publish Status Active
- Publish Country GB
- Imprint Upfront Publishing
- Format Paperback
- Pages 202
- Language English