7 December 2018 — Naked Capitalism
Due to competing duties, we’ll be brief on Brexit today. The newspapers are consumed with whether Theresa May will be forced to put off the vote on her Brexit deal due to the likely margin of rejection being so high as to make her continuation as Prime Minister untenable. I doubt the mechanism for an exit next week (if her bill is rejected roundly as anticipated) would be a vote of no confidence; the DUP said it would support May if her bill failed and the Tories are highly unlikely to run the risk of a general election, although the “no confidence” timetable allows 14 calendar days to find a new PM. Even the fabulously stubborn May might accept her ministers telling her she had to resign if she lost by a 100 vote margin.