Niall Ferguson, not surprisingly, argues in the Speccie, also not surprisingly, that the Tories should deliberately crash the economy for ideological reasons – 1979-80 style – and then call in the IMF.
This idea has apparently already â€œbeen doing the rounds in Tory circles.â€ But I guess thatâ€™s not surprising either.
It kind of fits in with Cameronâ€™s plan to storm the gates if he doesnâ€™t get a majority. The general feel of the Tory campaign over the last few days has been of people nerving themselves up to do something drastic.
On a local note, thereâ€™s a car cruising the streets of Crumpsall right now â€“ quite a snazzy late model VW Passat – telling the broad masses to â€œVote Respect â€“ for cleaner streets and brighter parksâ€. We seem to have come a long way since Gorgeous George went to America to beard the Senators in their lair.