Tuesday, 26 July 2016
Business leaders and economists agree that one of the main sources concern that has a negative effect on the financial markets and economic activity is uncertainty. This uncertainty adversely affects economic growth and wealth creation which in turn depresses job creation and potential prosperity for the masses.
What is not uncertain however is the yawning chasm that exists between the political class and the people they govern.
The vast majority of the electorate in Great Britain voted emphatically to leave the corrupt and rapidly disintegrating European Union in favour of regaining their sovereignty and becoming an independent, self governing nation once again.
In spite of this victory all they hear from the government of the new Prime Minister, Theresa May, are limp excuses of why she will not trigger the two year long Brexit process, commonly referred to as Article 50. (Article 50 of the Lisbon Treaty which is the process for leaving the EU)
One would think that since Mrs. May spent eighteen years working in the banking and financial sectors she would understand the deleterious effect that uncertainty has on economic activity and growth, but like all disciples of the United States of Europe she has sworn fealty to Brussels and consequently finds it difficult, if not impossible, to renege on her oath.
Read the article here
From Daniel Thomas at 19:01