Skip to content

Brexit, what next

26/06/2016

I would try a prophecy about the near future events following the Brexit. Just remember, since only fools are prophesying, i will make voluntarily a fool of myself.

EU, when the rather energetic Hollander will take the lead will boot Brittany out from the EU within few month. The economic catastrophe will appear immediately in the UK and will touch very marginally the EU. After all UK long time ago stopped to produce merchandise and all it produces are services, mainly financial and houses for supper rich from all over the world. And still the British will need to import merchandise, and will pretty soon discover that the prices of merchandise jumped by 30-50%. On the other hand the financial services will be damaged immediately. Banks are already considering to allocate thousands of their employees to Dublin and Amsterdam. I would predict that in the medium term some of them will be allocated to Edinburgh, the capital of independent Scotland. The Scottish gave up their independence for money, and will regain their independence for the same reason. If in the short and medium term the British economy will fall to insignificance, in the long term the other important service industry, the real estate market in London will become even more attractive to the outsiders, and even less reachable for the British people, holding mainly assets connected to British pound. So after 12 centuries of British independence, (since Alfred the Great), “Great Brittany” will finally become just an another marginalized Muslim country, with English speaking Pakistani majority, country that most of its 200 million citizens will try to emigrate, after the collapse of secular half military half civil regime and establishment of Muslim regime introducing the strict form of sharia law.  Just don’t ask me what will happen to the hundreds of nuclear weapons of Pakistan. this even a fool wouldn’t try to predict.

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

OneXCent

Economy and society under a heterodox perspective.

Eamonn Blaneys Website

"A mind of integrity is the most glorious possession" - Family motto

rogeq.wordpress.com/

Explain Explore Enlighten

Mostly Economics

This blog covers research work in Economics with focus on India.

Econometricus.com

Data-Driven Economics.

Economic Sociology and Political Economy

The global community of academics, practitioners, and activists interested in Economic Sociology & Political Economy -- led by Oleg Komlik

Wiser, Braver, More Optimistic

A blog about books and ideas

eddiegirdner

Writer Traveler Leica Photographer

Seven Spheres

Aqua Terra Ignis et Aer

%d bloggers like this: