Former NY mayor and Bloomberg founder makes some powerful points in this op-ed. Let me give you a flavour:
Exactly how this catastrophic failure of leadership will be resolved is hard to say. No forthright pro-EU candidate for the highest office has emerged in either party. The country seems exhausted, and calls for a second referendum to reverse the Brexit choice is falling on deaf ears. Nothing short of a major political crisis seems capable of breaking the collective paralysis.
Yesterday, I touched on the subject of the looming Brexit crisis, with a British lady with keen understanding of current affairs – she was a Brexit voter. After I shared my usual argument in favour of polar solutions, ‘very hard’ Vs. ‘very soft’, she weakly replied, ‘well, there’s no point in worrying about what we can’t change’.
I have been thinking about Bloomberg’s looming catastrophe and the British lady’s ‘head in the sand attitude’ and sharpening my own thoughts and personal plans.
My conclusion is simple. Brexit will happen and severe economic consequences will follow. The British people will vote the Tories out of power at the next election and they will pin their hopes on a Far Left Labour Government. Eventually, many British people will press their own personal ‘panic button’. Thoughts?