I think he thought that a win for remain was certain and therefore taking the position he did would make him look like a strong leader who had kept us in the EU . Unfortunately for him he got it badly wrong
I think that was expected to some degreeWe are currently 11% poorer in comparision to before the referendum.
Much as see the validity in most of your points there is a sense of sensationsm and perhaps bias? This unfortunately is the way media works, sensation sells papers, gets us hitting keyboards and seeing adverts...Lets recap on the plot so far Correct me where I have it wrong...
Have I missed anything? that's highly probable is the situation is changing so rapidly.
- For years the EU has been used as an excuse for Government failure
- Certain newspapers (one funds UKIP) have lied about the powers of the EU and made out it outvoted us all the time when 2% was the true figure. Even the Telegraph has a changed mood
- For some reason Putin has become the Darling of the Daily Express and can do no wrong.
- Both parties were perceived to be lying when they supported remain, Cameron because he has blamed the EU for everything except the weather, Corbyn as he has always been Eurosceptic
- The out vote wins with a small majority (I predicted it would win with a bigger one so I got that wrong.)
- There are immediate and large losses on the Stock market as expected, but after the usual swindling runs its course a recovery of sorts
- The pound drops to the lowest level since 1986 and now? well who knows it depends what is revealed over the next days, weeks and months.
- There is a Petition which calls for a second referendum, which is torpedoed by someone or some faction with false votes.(why?)
- The Scots say to hell with England we are staying in
- The out vote has now definite proof that for many of them they have been conned with untruths about the things they thought they were voting for from the mouths of the politicians leading their cause
- Suddenly for some unknown reason the Daily Mail regurgitates the true situation regarding the consequences of Brexit and the readers react with comments I never expected to see in a right wing paper.
- Corbyn faces a mass uprising of the pro Tory faction in the Labour party (impeccably timed)and sacks the chief one, and the rest leave what appears to be a sinking ship.
- Parliament appears to have second thoughts about who actually runs the country and of course Boris has said previously as Tillson correctly pointed out, that he thought it would be a good idea to get an out vote to negotiate better terms with the EU, so his motives are questionable.In the Telegraph this morning he announces "I cannot stress too much that Britain is part of Europe and always will be." so why was he the leader of the Leave camp??
- We no longer have any idea of how many MP's can be trusted to enforce the will of the people rather than their own agenda.
- We no longer even know what level of support Brexit now has.
- This morning in the Guardian "EU may refuse informal Brexit talks until UK triggers article 50" which rather urinates on Boris's blackmail ploy doesn't it?
- Both parties follow the line in public that the "will of the people must be respected (even though we're not sure what that actually means.after the lies that secured the result were revealed)
- The EU says it wont negotiate until we trigger article 50 so there is no point whatever looking to change anything with a general election is there?
- Effectively in less than a week we have lost the EU, and both Government and opposition. we are freewheeling with no brakes or steering.
This has become a "Midsummer Nights Nightmare"
Someone please reassure me I have got it all wrong and there is a plan that will restore sanity to the situation.
It's like reading a novel and knowing there is a hell of a plot running in the background, but what it is, driven by whom, and why?
No we are not. Many companies relish weak pound. Its how system works. Weak pound might mean higher prices, it also means higher sales, more competitive abroad. It also attracts outside investors. Its why uk has flourished out of euro. We can adjust relative value of sterling. France etc can not alter value of euro.I think that was expected to some degree
You are right I am biassed, but have put down the way I saw the situation,Much as see the validity in most of your points there is a sense of sensationsm and perhaps bias? This unfortunately is the way media works, sensation sells papers, gets us hitting keyboards and seeing adverts...
Just take for example FTSE. Yes it dropped to 5800 ( and may do again)..in a flash its beamed around world 200 billion (or whatever it was ) knocked off value because of Brexit.However if folk take trouble to look at ftse, they would see it dropped ( worked its way down) to around 5500 for beginning of February. Not a word in press or on here.
And anyone who,s watched ftse over past 10 years or so would know its been stagnent at around tho figure throughout, which is probably far more worrying than anything Brexit could do, but its not mentioned. Its not sensational.
Interestingly there are lots of companies in that top 100 who published Brexit would destroy them now saying , well actually we can cope. ( example read statement from Aviva)
George Osbourne is saying same. Said it before but HL , Woodruff and Mark Carney have said same all along.
Time to calm down, loose preconceptions and be objective.
UK business can and will cope.
Inflation indeed benefits business and yet when prices in the shops rise due to inflation will the people rejoice?No we are not. Many companies relish weak pound. Its how system works. Weak pound might mean higher prices, it also means higher sales, more competitive abroad. It also attracts outside investors. Its why uk has flourished out of euro. We can adjust relative value of sterling. France etc can not alter value of euro.
Moderate inflation is beneficial to any country. Deflation destroys them.
( sorry Gray this was in response to claim we are 11% pooorer)
They only need to ring the IMF to bail them out like last timeSarah Vine, wife of Michael Gove, now pleas for the help of the experts.
Johnson is now back-pedalling on his referendum rhetoric.
It seems to me that reality is dawning on leading Brexiters.
Another 17 millions to go then we can get somewhere.
while I and 16 million others have seen this train crash coming, I suspect the other 17 million will have to experience it directly before the penny drops.flud, it's time you come to your senses.
If you have studied macroeconomics, this time, it's not speculation.
the Pound has fallen to 31 year low. The country is poorer. Outlook for the economy is grim. Just wait for June's current account, we'll see how deep we are in the ****hole.
Don't discount an emergency budget.
if we can't borrow to settle the current account, then it's the IMF not our parliament that will tell us what to do.
Source of this information please?Apparently Corbyn voted leave ???
One thing this has shown us is just how pathetic our governence is. Imagine this lot coping with 1939...
Just rumour OG !!!Source of this information please?
Or is it as reliable as the usual stuff?
And you denying you'll get wet when it's raining since when the rain hits you under the tree where you are you will shelter under the next one?Just rumour OG !!!
Trex
Closest analogy I can think of is country is like somebody having a major operation. You and OG running in room taking patients temperature and saying how bad you look every 30 seconds III s pointless. Leave it be. Patient isn't terminal. Its a matter of time , patience and hard work for physio..
If you and OG put these efforts into something positive patient would be out playing I euros.