Daily Archives: April 25, 2017

Brexit could be the best thing that happened to the European Union | World Economic Forum

April 25, 2017 By in Brexit, Business Administration, Economics, Fiscal Policy, Foreign Policy, Politics 1 Comment

In this outstanding article by the WEF, the conclusion is that Brexit will be a hard one, which will hit the UK economy and be felt hardest by those who voted for it.

Source: Brexit could be the best thing that happened to the European Union | World Economic Forum

The article recognizes that those that voted for Brexit ignored the economic arguments. By and large, Brexit appealed to older less well educated voters.

English: Official logo of the World Economic F...

English: Official logo of the World Economic Forum. (Photo credit: Wikipedia)

The arguments in this article are well developed. With the projected economic downsides, it will be interesting to see if voters waiver in the UK’s general election. Remainers seem to be fighting for a softer Brexit but will they gain traction?

Thoughts?

Opinion – The Guardian view on France’s election: a win for Macron and hope | Editorial | Opinion | The Guardian – John Gelmini

April 25, 2017 By in Foreign Policy, French election, Immigration, People, Politics, Reform Tags: , , , , , , , , , Leave a comment

This is a momentous time for France, Europe and the world that the Guardian is reporting on in this new and interesting post from Dr Alf.

Macron may indeed win eventually but it may not be by a very wide margin and as for his dreams of a Federal Europe, these are becoming more implausible by the day.

The best case scenario is a two-speed Europe, a central core run by Germany as a latter-day Holy Roman Empire with an outer ring comprised of bankrupt and troubled vassal states headed up by a liege lord (Macron) reporting to Germany but running France which would in turn watch over the PIIG countries assuming Greece gets bailed out again by the IMF.

The worst case scenario will be an EU split into two distinct units, with only the Northern half paying its way plus a massive influx of new Muslim and African migrants courtesy of President Erdogan the new leader of a revived Ottoman Empire.

Macron’s abilities, like those of Donald Trump, have yet to be tested even assuming he wins and wins by a reasonable margin.

Most of the EU leaders are lightweights, with the exception of Mrs Merkel, whilst our own Prime Minister is a slow-footed ditherer who cannot think on her feet and who buckles under concerted pressure rather too easily when it comes from Big business, plutocrats and local authority and NHS fat cats.

Only time will tell what the future of Macron is and 7th May is not that long to wait.

John Gelmini

Related articles