The short positions themselves won't have a direct monetary affect on the solvency of the country, they're simply a way of cashing in on the consequence of the bond market collapsing though as sentiment grows for these trades, those who are long will go short which will accelerate events.

This country's so called "strong economy" is dependent on liquidity to keep the bubble inflated whether that be low interest rates, quantitive easing (money printing to you and me) and "Help to Buy" etc. but the laws of mathematics mean you can only do this for so long because the velocity of money eventually slows. The government can keep printing money to target inflation but this devalues the currency and exceeds the interest rates on the bonds or deflation kicks in and the economy grinds to a halt and revenues dry up - either way the bonds markets goes under.

When the bonds go, the currency goes with them which compounds the need to raise interest rates further (Russia recently had to raise interest rates to 17% to protect the Ruble) and there's absolutely nothing that can prevent this scenario from unfolding because 35% of the bond market are foreign buyers so it doesn't matter what anyone thinks.

When Thatcher said the market will have the final say she was right - this country will go under as a result of her time in office because when you turn the economy into a service economy like ours which is 70%, there's only so much financial engineering you can do before the chickens come home to roost.

The collapse of the country will be a good thing to wipe out baby boomer's pensions and their two holidays a year, and instead allow the young people of this country at least a fairer society - even though a poorer one.

The Tories know nothing.

Those could have been my very thoughts, regular readers may recall the phrase "football supporter politics", well its the funneling of thoughts into "left" and "right" that simply maintains the system where any party in government lines its members pockets for the future regardless of rhetoric or pretend political theories - there is no "left" or "right" in the current pair of parties who are the only ones likely to ever hold power and you have to go back forty years to understand what "left" and "right" really means.

My point about the crisis loans is this as you're clearly incapable of joining the dots, or unwilling.
Your bleating about the 1m+ foodbank use is, in your blinkered eyes, a catastrophe, yet you don't want to think about the almost same number in crisis under your beloved party.
No idea, about the other stuff, you're going to say it's very, very bad based on your own prejudices. You should come up with some figures, ideally from the Guardian or Morning Star to show how terrible the Tories are.

I remember Rachel Reeves saying the Labour party will be tougher on those on welfare than the Tories, so my conscience is clear, I made sure Labour didn't get in to screw the poorest in society. Did you?

It's debatable whether ideology was ever as important as we are led to believe. I tend to think people have their own needs and desires which are inflexible. Rather than conforming to the tenets of ideology they'd much rather prefer seeking out an ideology which is sync with their own requirements - or selecting those tenets of an ideology which they like whilst ignoring all others.

A prime example would be those politicians who for years have espoused the virtues of "Free Market" capitalism. What they really mean is free markets are GOOD when the economics suit them. But should some foreign competitor attempt to flood the market with cheap imports and they're screaming for the imposition of trade tariffs like a child who's filled his diapers.

This is the reason I have [isome [/isympathy for the likes of Milton Friedmann. Since I can remember he's been the object of a concerted hate campaign by the anti-globalist brigade. And they do have a point - of sorts. But if these idiots actually bothered to read or listen to Friedmann they'd know he was hopping mad about the mis-application of his economic methodology for DECADES.

No, not prejudices Bobby, but [iexperience [/i. No one better to be able to give an account of the truth than those who are experiencing what is happening. With what Cameron is going to do with the Disabled, I'd say they were [ialready [/i
screwing the poor in society.

My conscience is very clear because I'm not a turkey that voted for Christmas.

I agree, and economists like Hyman Minsky, Augusto Graziani, and Steve Keen have seen these flaws, and have been the voice of reason against the Chicago (or neo-classical) school of economic theory for decades, but obviously as their attempts to educate the political and financial powers that be fell on deaf ears. Which is what you would expect when the principles of that economic theory have made those same political and financial powers that be all the more wealthy, and all the more powerful.