10 mths on from a rash, premature, totally unplanned #Article50 trigger, we still await clarity as to what #Brexit might mean? But HMG has now confirmed what we knew 19 mths back - Brexit remains totally unaffordable! We've spent a fortune to establish that simple & obvious fact!
Have known from the off that Brexit must be halted: 1.Our negotiating position was weakened by #A50 trigger, not strengthened. 2.Obvious from day 1 that ANY form of Brexit would be totally unaffordable - as we have 5x more debt since 1997 and run a huge visible trade imbalance.
- 3.UK has a dominant services sector (incl financial services) and stands to lose disproportionately MORE than any other of the EU27, from leaving the SM & CU. 4.Our overall productivity also lags the G20 norm, not a good 'go-it-alone' platform!
The above macro economic issues have been in the public domain since BEFORE #Euref vote. Since then, things have worsened for many, if not most, firms & consumers. @hmtreasury & @bankofengland KNOW all this, as do @The_TUC & @cbicarolyn, So why does #HMG persist with insanity?
Clear since Day 1 that May has badly bungled Brexit! There's NO plan NO strategy NO concept of exit costs or social/ financial/ reputational damage! It's only a disunited opposition that's keeping her in post. This is now 'way beyond a national disgrace' and totally cringeworthy!
Had May grasped the full complexity of risks & costs BEFORE Lancaster House (at the latest!) and given a polar opposite speech 'that day', ££££billions could have been saved. As it is, she has put UK on the road to nowheresville, from which the comeback will be equally costly!
So what's the plan now? Keep running to China, or the USA? HMG's own intelligence reports downplay the economic significance of either, or both, in terms of net near term positive trade value to UK. Will we really blow the balance of our #A50 notice period chasing pipe dreams?
As promised - Omens for a good Brexit deal are not positive. Exit costs have been sized & are 'completely unaffordable'. #A50 notice expiry is very tight! UK is totally fractured. A #FinalSayForAll is the ONLY way to fix this impasse, one way or another! It's the ONLY way out!
UKIP (aka Tory "provos") scared Cameron into granting an #Euref. The deeply flawed outcome left a vacuum. May has badly cocked up her part! The only way out NOW is to finish this matter with a #FinalSayForALL. Nothing else will do! People empowered this, they must ratify, or not!
Although our Houses of Parliament are at last starting to peer through dogma into the devilish detail of Brexit and all its costs & consequences, it is surely inconceivable? that Remainers will accept anything less than a #FinalSayForAll -after the last 19 months of abject chaos!
If the gross national embarrassment of Brexit's sordid shambolic saga is allowed to drag on unchecked (as it has for 19 months!) we'll simply run out of time to resolve major matters in a way that doesn't leave the UK totally trashed out! We NEED #FinalSayForALL#StopBrexit2018
Every. Single. Aspect. of UK's handling of Brexit, from its genesis until 'now', has been a 'Gross National Embarrassment'! If the last 19 months of Mad & Murderous Mayhem leads to her premature departure? We will have been royally f@cked for NO BENEFIT WHATSOEVER! -thread ends.
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While UK spirals down & out of control, gripped by self-inflicted Brexit-fixated inward-looking dirty-selfish politics, Major Parties talk to themselves with NO results, so far. Yet, every passing day brings new reasons to put Brexit to a #PeoplesVote with the option to #Remain.
The wheels are falling off 'any Brexit' with each passing revelation of FACTUAL REALITY. Anyone who can't see that (regardless of how they voted) is not keeping up! The doubters in Parliament will be swelling in numbers, by the minute. #TriggerIsComing #PeoplesVote #endthechaos
Life is a hard journey. We ALL have to admit IT, when wrong! Only alternative is digging in, ever deeper, to that wrongful position (aka 'bad decision bias'). I say to Leavers, now, take another fresh look and rethink! This is ALL our futures! #TriggerIsComing#PeoplesVote soon!
51.9% v 48.1% in an ADVISORY referendum, held more than 2 years ago, is clearly NOT today's #WOTP, so a #PeoplesVote is NOW a MUST HAVE, re any final EU destination - incl. #Remain. Will that happen? YES! #TriggerIsComing, soon.
IF we do leave the EU, big IF, I predict that there'll be a marked tendency for Remainers to Leave the UK, and for Leavers to Remain, stuck here. Losers perpetually banking on Winners to just suck it up, and blithely bail them out, just #May be disappointed. There, I've said it!
Close relatives who departed these shores in the 60's, 70's, 80's, 90's, 00's, 10's felt they perceived a better future 'elsewhere'. Am beginning to get it, at last! I #May be a slow learner, or just late to awake to the now revealed realities of the UK, and its 'true prospects'.
Of course, there's an easy alternative. Put the latest EU options (realistic ones only, please, including #Remain!) to a new #PeoplesVote - That should inform us as to the current #WillOfThePeople. That'd be a great start! Better late than never!
We are now witnessing the final death throes not just of the May Government, but of the @Conservatives as we have come to know them: self-serving, self-obsessed, self-promoting, self-seeking, self-ish, self-destroying, Good riddance!
UK's electorate, especially our Youth, will severely punish @Conservatives at EVERY future ballot opportunity, Ad Infinitum! This process started with #GE2017 - but if it were re-run as #GE2018, they'd be right OUT! We demand a #PeoplesVote to stop this insanity and halt #Brexit!
In essence: The UK has kidded itself to believe that economic gravity can be defied. It can't. For people to be seriously misled in 2016 is bad enough; but for Blukip Mayhem & Co to NOW be leading them towards disaster in 2017/18, absent any #PeoplesVote, is totally unforgivable!
Don't believe that Blukip Mayhem & Co realise just HOW far adrift they have become from public opinion NOW! Of course, they could put ANY deal? Big IF? to a #peoplesvote, and test the will of the people to which they love SO much to defer? Democracy? Do they really believe in it?
Hard to escape the view that 'so called' UK Democracy has been completely hijacked by Blukip Mayhem & Co. There's NO mandate to trash our economy in the way now daily unfolding. It's totally risible to suggest that we'll go global from the self-inflicted wreckage of what we had.
Triple hit from #Brexodus; deferred, reduced or cancelled #BusinessInvestment and collapsing consumer #Confidence look likely to impact UK #GDP when #Q2 stats are known. Will Blukip Mayhem & Co take any notice? Or just keep racking up yet more debt, as UK #TaxTake recedes!
Backed by 70% of voters (#LocalElections2018) our two major parties aim to take UK down to the minor leagues of sub-#G20 growth, supported by NO detailed plans as to the costs, complexities & consequences of such bizarre recklessness. Not just insane, but amazingly short-sighted!
2. Is this a case of who blinks first? Surely I, and fellow well-informed remainers, are not in exclusive possession of key economic facts and trends? Con/Lab MUST have these too? Maybe everyone should check the latest @guardian piece by @williamnhutton!
3. People who think Brexit (in any form!) would be easy, painless or cost-free are very sorely deluded! Maybe the 70% who just voted Con/Lab in #LocalElections2018 should have been asking 'that question' of their wannabe councillors? before parting with their votes? Too late now!