Friday, July 8, 2016

The Brexit - The sh*t is about to hit the fan!

Its been over a week since the the Brexit referendum.  So far it has been a disaster and a bad joke.  The value of the pound has taken a plunge, though the stock market has it's ups and downs.  Things will not get better until we have more certainty.  The pour has not dropped to such depths for decades and against the HK Dollar, its been a generation ago when £1:HKD9.  Consumer spending has taken a nose dive, but there is hope that the value of the pound means more overseas orders and therefore reduce Britain's balance of payments.

The rest of the EU are very annoyed with the Brexit.  Closer ties were sought and now plans have been ruined.  It oops like other countries may have their own referendums.  Europe will be on shaky ground for a long time.  But one thing is certain, nobody wants to cut these ties and even if Britain does leave the EU, deals will be in place to enable people to do as before.

So just when things cannot get worst, Boris Johnson decided her wasn't up for being Prime Minister, Nigel Farage of UKIP has decided he wants his life back and quite the UKIP leadership.  He is of course still an MEP, so he's definitely not leaving the EU, when he's paid to sit around and do very little.  Michael Gove, who stabbed Boris Johnson in the back to get the votes to be the next PM, lot the votes.  So the main contenders are now Theresa May and Andrea Leadsom.  The former was previous the Chair of the Conversative Party and the latter, most people have never heard of until this week.  It is likely Theresa May will win as we need proven leadership, common sense and a woman who loves her shoes.  Britain needs another female Prime Minister, a new Mrs T.

Will the Brexit leaders get away with this?  I hope not, but watch this space.

In the mean time, those rise in hate crimes must stop.  We should stop harassing innocent Muslims and Polish workers.  The sooner we have order the better.

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