The predictions by the “remain” camp prior to the Brexit vote were dire. A “leave” vote would trigger a recession in the UK if not the world. Companies would pack up and leave Britain for the EU en masse. Life as Britons knew it would end.
In a sense the fear mongers were right. Life did change for Britons, but for the better.
I wonder why the economy would react positively to the prospect of being cut loose of the crony monster in Brussels?
(From The Telegraph)
He added: “I could’ve held one (a referendum) in 2005 and lost one. When we thought we were going to have to hold a referendum on the Lisbon Treaty, I thought that was a very, very open question as to whether we were going to win or not.
“What it shows you [is] that if you put this decision to people like this in a referendum, I think at any point in time in the last 30 years you could have got that result.”
Gotta counter the cronies with numbers and unrelenting tenacity. It’s the only way to beat them back.
The anti-Brexit, pro-crony, pro-EU forces weren’t going to just give up. The banks want to stay in the EU and historically the banks have gotten what they want. There are similar parallels in this country.
Love that the anti-Brexit people are all concerned about British law now.
Brexit, Frexit, Pexit, Czexit, the European Union is pulling apart. The shiny glass facade of Brussels is cracking. The dream is being seen for what it is. And the European crony class is having a fit.
Good ole’ Nigel. The world owes him quite a lot. He helped craft Brexit which was a revolt against the global crony system. Brexit was a very public rebuke of the EU, bureaucracy generally, the cronycrats in Brussels specifically, George Soros, and organizations like the Clinton Foundation. As such Mr. Farage is hated by the cocktail party crowd. Nigel called the crony class out and then he whipped them in front of the world.
So the cronies are a bit sore about the whole thing.
Brexit was a massive win for those of us who oppose crony capitalism. It was a line in the sand, in the Channel, and Britain in the end decided to remain Britain and to tell the eurocrats to take a hike.
But the folks in Brussels and many EU apologists warned of dire consequences if Britons dared assert themselves. Basically these fear mongers have been completely wrong. Britain’s future if anything looks a bit brighter today than pre-Brexit.
The job of revolutionaries is to make revolution. At least that’s what Mao and Che said. They probably didn’t think that the adage would apply to a bourgeois revolutionary like Farage. But times change. The world changes.
The below map is out of date but it gives one a sense of the breadth of Goldman’s reach. It has expanded since this map was created. For instance Mark Carney the Governor of the Bank of England is a Goldman alum.
One of the most interesting things about Mr. Barroso taking this job is how annoyed the pro-Europe people are with him. Goldman was anti-Brexit, so Barosso coming on board to help negotiate Brexit for Goldman is sand in the wounds of Brussels and Co.
Indeed the Brexit result is a time to press the accelerator not to coast and to seek “consensus.” There will be a time for consolidation but that moment is farther down the political road. Pick your way carefully. But keep pressing on while the lines have been breached. Don’t even think of treaty at this point. There will be time for that.
Surely Brexit was deeply divisive. And not just in Britain. But Brexit, the rejection of the European Union superstate and bureaucratic aristocracy is a win for liberty,
As we’ve said before, many times, stocks go up and down. But FTSE performance immediately post Brexit is hugely telling.