Brexit could be used to trigger a financial collapse by the people in power. Let's have it right there's a 1.5 quadrillion derivative market out there that's unregulated thats 10 times the global economy something is gonna give. Every central bank is quantitative easing ask yourself why it's just making the thing much worse you watch. 2008 was a warning as anything changed no it hasn't, bankers are still doing the same things that triggered the 2008 collapse. let's see what happens over the coming months.
If Boris Johnson looked downbeat yesterday, that is because he realises that he has lost.
Perhaps many Brexiters do not realise it yet, but they have actually lost, and it is all down to one man: David Cameron.
With one fell swoop yesterday at 9:15 am, Cameron effectively annulled the referendum result, and simultaneously destroyed the political careers of Boris Johnson, Michael Gove and leading Brexiters who cost him so much anguish, not to mention his premiership.
Throughout the campaign, Cameron had repeatedly said that a vote for leave would lead to triggering Article 50 straight away. Whether implicitly or explicitly, the image was clear: he would be giving that notice under Article 50 the morning after a vote to leave. Whether that was scaremongering or not is a bit moot now but, in the midst of the sentimental nautical references of his speech yesterday, he quietly abandoned that position and handed the responsibility over to his successor.
And as the day wore on, the enormity of that step started to sink in: the markets, Sterling, Scotland, the Irish border, the Gibraltar border, the frontier at Calais, the need to continue compliance with all EU regulations for a free market, re-issuing passports, Brits abroad, EU citizens in Britain, the mountain of legistlation to be torn up and rewritten ... the list grew and grew.
The referendum result is not binding. It is advisory. Parliament is not bound to commit itself in that same direction.
The Conservative party election that Cameron triggered will now have one question looming over it: will you, if elected as party leader, trigger the notice under Article 50?
Who will want to have the responsibility of all those ramifications and consequences on his/her head and shoulders?
Boris Johnson knew this yesterday, when he emerged subdued from his home and was even more subdued at the press conference. He has been out-maneouvered and check-mated.
If he runs for leadership of the party, and then fails to follow through on triggering Article 50, then he is finished. If he does not run and effectively abandons the field, then he is finished. If he runs, wins and pulls the UK out of the EU, then it will all be over - Scotland will break away, there will be upheaval in Ireland, a recession ... broken trade agreements. Then he is also finished. Boris Johnson knows all of this. When he acts like the dumb blond it is just that: an act.
The Brexit leaders now have a result that they cannot use. For them, leadership of the Tory party has become a poison chalice.
When Boris Johnson said there was no need to trigger Article 50 straight away, what he really meant to say was "never". When Michael Gove went on and on about "informal negotiations" ... why? why not the formal ones straight away? ... he also meant not triggering the formal departure. They both know what a formal demarche would mean: an irreversible st
Brexit, well must be 17 million people heading for the beaches of Blackpool and Clacton this year as Europe is so bad, those who voted out will with out doubt be sucking there Blackpool rock and wearing hankies on there heads with strings vests this summer and every other summer...
What utter sh111t, that coming from a person inflicted on shareholders on £275 k a year and GKP shareholders cant get rid of the runt who as fiddled his expenses, had his horses kept in cosier conditions than Kurds live in.
No wonder GKP have serious issues when you plant this kind of self serving money taking clown..Ask Afren Shareholders what he did for them...Quiet happy for the KRG to pay his first class flights to erbil and his bar bills, for 3 days, £7000.. Talk about first clown prat
who changed there mind were does it state i backed brexit besides the sarcastic Great you fool.I changed my mind on posting on politics because fools like you are paid to scaremonger on BBs you sad little man.Yes you are correct if trump gets in brexit will seem like a walk in the park.Two sides to every story.Go trump
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