Chilling article from @ollywiseman - imagine @johnmcdonnellMP in No 11 during the next financial crisis... https://capx.co/CwdgI pic.twitter.com/2HYO3SyVmM
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Banks imagining this will try hard to avert a crisis, McDonnell as Chancellor would reduce moral hazard, in that sense a good Chancellor
Unlikely, he is the hazard
He would be a terrible chancellor no doubt. My point was that if we're relying on repeated state bailouts of the financial system we have...
...a bigger problem regardless of who is Chancellor
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