It’s been a roller coaster of a ride with a majority vote for brexit seeing both the pound and the euro plummet against the dollar and billions wiped off the FTSE.
The truth is that the FTSE is still up some 1600 points on this time last year and sterling will bounce back once the shorters have stopped milking the uncertainty.
But what of the parasite economy? The unsustainable race to the bottom?
Well Nicola Sturgeon is already on her soap box for another referendum to split away from the rest of the U.K. on the basis that Scotland could go it alone to the EU.
The probability is that Scotland wouldn’t even qualify to join the EU if it went it alone, and with Scotland’s track record for throwing good money after bad whilst at the same time feeding the fat cats, they’re not going to qualify any day soon!
And what of Westminster?
Well the #remain campaign has fought it’s corner by calling its opposition racists and xenophobes. How dare anybody question their glorious EU.
But the EU is fat cat country where big business has learned to wield more power than whole countries and where milking the system is big big money.
Take the disastrous rural payment system – a pan European disaster caused by the same few companies throughout and unchallenged in their failure and the reward thereof.
Cheap labour throughout has undermined local businesses, destroyed local livelihoods and contributed to and relied on an indigenous skills crisis.
But here’s the catch – it is exactly this parasitic behaviour and ultimately corporate racism that many brexiters have railed against. Moving cheap migrant labour around en masse to be exploited, even if willingly, was abolished several hundred years ago – but now it is called market forces and good for the economy. The truth is, it pays people less for being ethnic, pays women even less than the men, and destroys everything it touches.
In fact, the parasite economy almost destroyed the Scottish rural economy and caused the rural payments project to go some £100m over budget, was criticised by the audit commission and now the project “may never be delivered” – and this has happened throughout the EU.
So, now we have voted through brexit to declaw these corporate predators it is time for Westminster and Holyrood to listen to the voting public, properly manage their financial affairs and finally address the parasites!