Wednesday, October 12, 2016

Mervyn King on Brexit

Mervyn King, the governor of the Bank of England prior to Mark Carney, is reported as saying in an interview with Sky News:

During the referendum campaign, someone said the real danger of Brexit is you'll end up with higher interest rates, lower house prices and a lower exchange rate, and I thought: dream on.

Because that's what we've been trying to achieve for the past three years and now we have a chance of getting it.

Friday, October 7, 2016

Juncker Wants A Bitter Brexit Divorce

Financial Times reports today:

Juncker tells EU leaders to be ‘intransigent’ with Britain and to refrain from secret negotiations with the UK

Rubbish

 "If an opinion contrary to your own makes you angry, that is a sign that you are subconsciously aware of having no good reason for thi...