Monday, 27 June 2016

An interesting theory that claims Brexit won't happen anyway

Last Thursday night, 23rd June, a group of MPs, including BoJo and Michael Gove, signed a letter asking Cameron to stay on regardless of the result.  I wondered why this was until I read (HERE) about an anonymous post on the Guardian website that claims the Article 50 notice will never be sent.


This is because Brexiters were hoping Cameron would send the notice immediately and so heap upon himself all the opprobrium following the fallout.  However, in resigning he has cleverly forced BoJo (or the new prime minister whoever that is) to take that on. The Guardian post says as the sheer enormity of doing so - think about the markets, business, Scotland, Ireland, Gibraltar, thousands of laws and regulations to be altered, citizenship status of people in the UK and Europe, trade deals, etc and the mountain of difficulty this means activating the notice is a poisoned chalice.

Who would sign the Article 50 notice that would make Brexit irreversible and perhaps lead to the UK's break up as well as a recession and the jobs of thousands of workers, the diminishing of London's role in the financial sector?  The risks are enormous and all the experts advise against it. You would need to be pretty certain that your amateurish ideas were actually 100% right before pulling the trigger to begin a process that might lead to your name being reviled throughout the nation for the next century.

This person says BoJo's suggestion that there is no haste actually means - never. If the market and business turmoil we see today continues over the summer I am inclined to believe the theory.

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