Will the markets rally

yes in 2025 when we are back on our feet..I really believe that a lot of people do not know whats coming down the line.as a country we are bankrupt and that means we are going to have to live on our means without credit for excesses..

Tories will be out of their depth in 6 months. George Osborne will be on suicide watch. And it will serve them right the toffee nosed gets

we are f&^%%d whoever gets in

hth

As the election concludes, a notable feature has been the total unwillingness of any of the political parties to spell out to the British people the scale of action needed to rescue the country from bankruptcy.  So far all we have had are a raft of lukewarm measures which address no more than twenty odd per cent of the funding gap that has to be closed. The reason for this is simple dishonesty disguised as political expediency. No politician wants to be honest with the electorate in case the unpalatability of the truth hurts his or her chances of electoral success.

Yet the public are not daft. Everyone knows that austerity is coming whether through public service cuts or rising taxes, or most probably a combination of both.  The colossal disparity between what the Government takes in and what it pays out is plain for everyone to see. The country is haemorrhageing  money and it has to be stopped or severely curtailed if our international creditors are to have any faith in us.

Once the new government, of whatever party or parties, is installed, the international markets will take a view on the credibility of the announced plans to rectify the deficit.  The politicians will no longer have any place to hide. Their proposals will be subject to the most severe scrutiny. If they come up short, the markets will decide the price that has to be paid….just as they have with Greece.

The national situation is of course a macro version of what has been happening at individual level.  As consumer spending has mushroomed and savings have declined many individuals now find themselves forced to pull in their horns and deny themselves the luxury of spending money which they literally haven’t got.  For savers, who still outnumber borrowers by a sizeable degree, the outlook remains dismal.. Higher taxes will hit the amount of money that can be saved. Banks are still not rewarding savers. Politicians, as our following article shows, have accorded savings and savers a low priority

beginning to look like a well hung parliament.

markets are gonna tank massivly, short the f u k out of em!!

no, they are going to fall imo, there is not a lot of good news on the horizon and the dealer will not like the uncertainty of a hung parliament , couple that with everything going tits up in europe and the new crisis in yankland and i think we can expect more falls