The Process of Replacing a UK Prime Minister Forced From Office

Brexit gave such political stability to UK, bravo

One wicket down list next down soon in EUROPE . hopeless policies demand huge price

They should change the name to "prime-time" minister since most in recent history have had to resign before 10 p.m.

When will Merz resign

Thank you for some things you gave to us, the best thing in your mandate was my PFP 😅, the worst were the grooming gangs and the immigration 😢

At the G7, Mr. Trump refused to greet Mr. Starmer, which led Starmer to realize he was not qualified to be the UK Prime Minister.

won't be long till you are all screaming Burnham has betrayed us

Helen Miller, director at the Institute for Fiscal Studies, said: "Whoever is the prime minister, they will find that, within the fiscal rules, there is very limited scope to increase spending on a particular area without cutting back spending elsewhere or raising taxes."

you working class prats never learn!He like Farage and Starmer he will look after the rich. 🤣😂🤣

Where’s your suit?

The economy is not just weak due to Brexit as claimed by the Professor, the economy is squeezed by the British decision to fight Russia and support Ukraine. Limitless money is poured into Ukraine.

The EU is no better, even if they have a bigger market. EU economies are also squeezed due to their decision to fight Russia. Germany is de-industrialising and far right will take over.

Good news

Workers have been ripped off by neoliberal /neoclassical economics/politics for the last fifty years by most political parties… Conservative, Labour, LibDems, Reform, Restore Britian (and most western political parties). The vast majority of the population can see that life is worse – real wages stagnant or declining, cost of artificial market based energy up, cost of the supermarket shop up, housing cost or rental up, essential services – water, energy, up, privatised health costs up, education costs up with permanent privatised loans, poor public transport services and suburban sprawl requiring 4 car families to move around.…. i.e. declining standards of living for the vast majority. And it's only getting worse with the Trump / Netanyahu war folly and a likely depression.

Neoliberal economics – market good, small government, libertarian ideology of Mont Pelerin Society, Hayek, Friedman et al, was supposed to deliver growth… well it has not ..pre Reagan USA ~2.5%, after ~1.7%, pre Thatcher UK growth ~2.4 %, after ~1,75 %. The financialisation of western economies, liberalisation of the FIRE sector (Finance, Insurance, Real Estate), privatisations, money making money, QE asset price inflation,…over the last 50 years since Reagan and Thatcher has benefited the wealthy at the expense of the lower and middle classes.

This is an inherent feature of a free market system, that over time wealth accumulates with the wealthy unless redistributed. Picketty, the French economist has shown this by analysing empirical data over centuries, Steve Keen can show this in his systems dynamic monetary modelling program Minsky/Ravel, and Michael Hudson ex international balance of payments economist at Chase Manhattan by analysis and logic.

So…
– recognise that the finance sector is a cost of doing business and should not dominate the economy as it now does in most western economies
– offshoring industry has been bad for the vast majority (but corporates did nicely until China started to out compete them… lack of western government strategic direction)
– over time in a market based economy wealth accumulates with the wealthy unless redistributed
– MMT (Modern Monetary Theory) is a fair description of how central banks create money by double entry book keeping
– Private banks create new money when giving a loan by double entry book keeping
– bonds are a left over relic from the gold standard and charade for hiding how central banks create money from thin air (they do serve other purposes such as helping to pay for running the bank system, setting the interest base rate in the primary and open market auctions)
– bonds are a safe, secure investment that is required by the finance sector, pension funds, etc.
– public investment helps grow the economy and does not crowd out private finance (Reinhart and Rogoff miscalculated in their spreadsheets)

We do have solutions but the mainstream economics, the advisors to politicians and politicians ignore the advice. Why … they ignore empirical evidence, economics education reinforces neoliberal/neoclassical equilibrium economics, not trained in difficult maths (equilibrium vrs system dynamics modelling), a genuine belief that neoliberalism reaches an anarchists economic nirvana, fear of acknowleding they were wrong, free markets are best, status quo suits the wealthy and their political minions, …

There Is Another Real Alternative TIARA to reverse the neoliberal nightmare….:
– lots of small non profit local banks lending to business entrepreneurs, (Richard Werner)
– direction from Central banks to private banks to lend more for the real economy (not financial speculation),
– complete seperation of merchant banks (risks investors money… no permission to create loans from nothing) from retail banks (permission to create loans from nothing)
– rebuilding industry and green infrastructure (reduce climate crisis impacts for future generations) and
– putting wealth to work (pension funds to invest in the real economy not financial speculation),…
– Taxing Wealth Report 2024 (Richard Murphy Tax Research/Funding the Future) using existing taxes, £90bn possible
– debt jubilee (Michael Hudson/Steve Keen)
– reducing house prices without homeowners loosing equity (Steve Keen)
– PILL Property-Income-Limited Leverage house loans at max 10 times rental income (Steve Keen)
– housing not financed by new money creation ie. funded by deposits in building societies (helps to break the link with accelerating debt and house prices) and/or
– interest free loans from a new Affordable Housing Authority (AHA) funded by government money creation (Steve Keen)
– tier the Central Bank Reserves interest rates (a standard practice in the ECB and Bank of Japan, this is not some mad theory), and you can guarantee saving £7Bn minimum
– put the FIRE sector (Finance, Insurance, Real Estate) back into its box, particularly many of its toxique financial instruments such as derivatives.
– use the excess capacity in the economy for the government to invest in the country via its own bank whilst keeping inflation
– offer bonds or other types of investment directly to the public that the government can use to invest in a Green New Deal, NHS, social housing, etc. that develops real GDP not speculation and skimming off of profits by the finance sector
– monopoly public "natural" services such as water, electricity to be better regulated / brought under public ownership
etc.

And also protect democracy against authoritarian / fascist moves
– bring in proportional representation vote eg. Single Transferable Vote (STV)
– roll back restrictions on non-violent protest
– proscribe only real terrorists groups

As we can see in the USA, disillusionment of a large core of voters has led to populism creating binary differences and scapegoating with a return of authoritarianism / fascism (it fills the political vacuum as the left has moved rightward).

See heterodox economists Steve Keen (The New Economics: A Manifesto, blog sites ProfSteveKeen), Richard Murphy (Taxing Wealth Report 2024, Green New Deal, blog site Tax Research/ Funding the Future), Richard Werner (Princes of the Yen), Michael Hudson (J is for Junk Economics, Superimperalism), Clara E. Mattei (How Economists Invented Austerity & Paved the Way to Fascism) , Abby Innes (Late Soviet Britain), David Graeber (Debt: The First 5000 Years), David Graeber (Debt: The First 5000 Years)

Larry the Cat got to deal with another a-hole hooman for the seventh time. 😾

What kind of question is that? "Why doesn't Farage go away?" LOL

I remember when Starmer met with then President Biden. Starmer recognized Biden was not well, and still treated him with kindness and respect. I see reports from the UK how the population gradually formed an actual hatred for the man. Here in the US, the same feeling for Donald Trump. The country is clearly divided. Ive visited Great Britain several times since 1993, and fell in love with its people, their humor, their culture, their history, their resilience and the fact that the UK is still a fantastic country. I wish you all good luck and gods speed.

Merz……Mikron….Ursula…Zelesky….!!!!!!!!!!

He is a weakling indeed 🥲

And we pretend Germany is not hard to govern?😂

WHO CARES HE WAS A PIECE OF SHT

It was Donald Trump who announced his resignation…not him…shows how uk is actually a vassal state of usa 😂

True 51st state

UK is so unstable because of its immigration policies

Britain chewing up and spitting out another PM, they’re going to run out of competent people and be left with a Trump.

High rate of staff turnover denotes a sick organization.

THE BRITISH PEOPLE THINKS THAT THEIR ECONOMY IS SOOO POWERFUL THAT BREXIT WILL PROPEL THEM FORWARD- VERY DELUSIONAL. IT IS SAME WITH USA PUTTING HIGH TARIFF ON IMPORTS WILL GET THEM WHAT THEY WANTED. IN THE END, BOTH TECHNIQUES WERE SELF ISOLATING. THAT IS WHAT U WANT, THAT IS WHAT U GET❤❤❤❤❤

Same snake different head call a general election now

They talk about everything but the real core problem…uncontrolled IMMIGRATION….

😢 so sad, who will replace him? 😢

🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉

🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉

Good Riddance!

It's always about Brexit when the government has also continued to ignore fundamental structural issues plaguing the government such as why it costs us so much to build and why everything takes so long.

BYE hahahahahaha

Too late!!!

The people don’t want intelligent, coherent, capable leaders. They want a Trump!!

Who wants to be the next captain of the sinking ship?

Why is the anchor dressed casually?