danny la rouge
More like *fanny* la rouge!
Indeed. The famous example is Mitterand coming to power in the early 80s and wanting to set about implementing what you and I would regard as pretty mild social democratic policies, only to face capital flight and having to give in to financial capital and U-turn sharply. Governments don’t have a free hand. It’s nothing new. Liz Truss thought she could turn the UK into a northern Singapore, but if international finance doesn’t want that, she can’t do it.It's not really setting a precedent, the threat has been there as long as I've been alive. I remember hearing what The Markets had to say as being some sort final word on the Beeb when I was a kid.
It wasn’t the terminal incompetence or awkwardness in interviews that did for her. It was trying to do something financial capital didn’t want her to do. Even though they’re happy with Singapore doing it.