OK, so what next?
Our government has borrowed more money as a proportion of our ability to generate cash than any government outside wartime. In fact the amount they plan to borrow is more than all of the money that British governments have ever borrowed.
The Prime Minister is as bad as any that can be remembered, an ineffective bully who is out of touch with reality.
The Home Secretary is widely seen as incompetent, petty and venal.
The Chancellor is inept. At least we don't see any eptness because his role is usurped by the Prime Minister. So the Chamcellor may be the worst, but he has competition from his predecessor and a 1960's Chancellor with the same surname.
The Speaker of the House of Commons and his supporters used to think he was making a statement by his lack of ability. Now he is seen for what he is: a corrupt inompetent.
And finally, the Opposition has failed to hold the Government to account over its many failings.
While the politicians boost their incomes with dubious deals on their expenses, house repossessions (up 50% year on year) are the only growth industry in the UK.
So onto our stock market recommendations:
Unfortunately all of the major piano-wire manufacturers (Röslau Stahldraht, Mapes, NewOctave) are privately held, so investors looking to profit from the unfolding political situation would be well advised to look at the lamppost sector.
Stainton Metal Company is the UK's leading manufacturer of stainless steel and galvanised street lighting columns, high masts, tramway and telecommunication poles, with over 30 years experience in manufacturing for the construction and street lighting industries. It was bought in November 2008 by Valmont Industries, Inc. (NYSE: VMI), a leading global manufacturer of engineered support structures for infrastructure, mechanized irrigation equipment for agriculture, and a provider of coating services and tubular products. We see upside in the group resulting from increased UK demand.