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Citi analysts say Corbyn govt now lesser evil to No Deal. some thoughts (h/t @faisalislam ) 1/ These guys still live in a world where fiscal stimulus is bad - while central banks now pleading for states to start spending ... 
2/ I've spoken at 2x business events this week where there is now serious engagement with "what will a Corbyn govt actually do?" - this discussion now fully mapped on to central bank return to QE and global "Japanification" worries...
3/ For starters here's my (critical) list of what Labour intends to do and I'll discuss how coaliton/minority govt affects that.... (more here) socialeurope.eu/author/paul-ma…
4/ The 3 pillars of Lab programme are (a) £250bn borrowing/ spend via Nat. Investment bank over 10 years (b) Bank of England 3% productivity target (c) Green New Deal industrial strategy... a break with austerity, carbon and low productivity...
5/ ...Plus £50bn redistribution to achieve free university tuition, revive NHS, schools, police, defence.
6/ There has to be a de facto coalition w SNP esp if all other parties in 🏴 wiped out; SNP/PC will not stand in way of the above ... but would the Libdems??? Short answer = yes all of it. And here is why...
7/ The Libdem donors in the City are telling them right now "No Deal is better than Corbyn"... in other words the Libdems are becoming the chosen tool of the finance class to avoid asset taxes - lots of 💰 pouring in to replacing the Tory party with the Libdems....
7/ So any Libdem demands on a Labour-led progressive government will be seen as the voice of the super-rich and the London banking establishment. there can't be a stable Lib-Lab coalition...
8/ once the second referendum is over the question will be: what economic model do we want for Britain inside the EU. Only @johnmcdonnellMP is even asking that question - and Labour's answers are sound: use fiscal expansion and c-bank credit guidance...
9/ ... to wean the private sector off low-value business models, raise the wage share and decarbonise the economy. To achieve it we'll have to reset the paradigm in the minds of economists too...
10/ The rest is about delivering to the excluded. It's just social democracy - if it scares you, the consequences of not doing it should scare you more: they are fascism, mass inequality and the collapse of belief in democracy . More here....
6a/ Libdem City donors saying No Deal better than Corbyn ... a ton of elite money now going in to Libdems to make them the party of austerity / inequality (and fracking)... so zero chance of a coalition .,,
