OT: Brexit

Mark Davidson <[email protected]>
Newsgroups gmane.education.classics
Message-ID <CAFNhR-uQrpaX_MTpNJdJ2HQyyU7vVwWp0AeH2HQ1mdfVQ3jFJw@mail.gmail.com>
The real worry of wealthy hedge-fund managers like Rees-Mogg is that the EU
will close down the tax havens where they keep their money, and force them
to pay taxes like everyone else.

I don't know whether Rees-Mogg's hedge-fund is shorting Brexit-related
stocks, but many others are. Some people stand to gain a lot of money if a
no-deal Brexit results in the British economy crashing, and likewise to
lose money if it doesn't.

It's notable that Rees-Mogg's father wrote a book called _Blood in the
Streets: Investment Profits in a World Gone Mad_. And another, _The
Sovereign Individual_ about disaster capitalism. It opens with the quote
"The future is disorder".

Dominic Cummings, whom David Cameron described as a 'career psychopath', is
now chief advisor to Boris Johnson. He is another great believer in
'creative chaos' to benefit the elite. He was behind the propaganda machine
that won the Brexit referendum, with significant funding from shady
billionaires.

On the other hand, both the Confederation of British Industry and the
Trades Union Congress, in a rare show of agreement, have jointly and
repeatedly told the government that a no-deal Brexit will be a disaster for
Britain. British farmers have a justified fear that they will lose their
livelihoods.

The general consensus among experts on world trade and trade agreements,
and among economists, is that a no-deal Brexit will cause serious and
lasting problems for Britain. The Irish, on both sides of the border, have
even more concerns.

The pound has been steadily falling against the dollar since Johnson became
Prime Minister. The Bank of England is predicting zero growth in the second
quarter of this year, and has warned that even continuing uncertainty about
Brexit may lead to a recession.

The facts do not support Brexit.

Mark D
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