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A coalition of four or five parties will not be stable.

In the inevitable election later this year, there will only be two choices: Conservatives, and not-the-Conservatives. People will choose the former to avoid getting the latter again.

The electorate clearly voted against a Labour government, given the swing away from them. They just weren't certain that a Conservative government was what they wanted. To get yet another Labour government, with Gordon Brown as Prime Minister for several months then yet another 'unelected' one, is not the outcome the majority of voters expected (or, I think, wanted) when they made their vote.