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Brexit Day
Well, well, well. It’s finally here. Official negotiations begin to get the UK out of the EU finally get underway. For my part, I’ve decided to ‘go long’ on my UK investments, keeping funds in Sterling as I have a ‘seeming’ that the value of the Pound Sterling is going to go up significantly, having been artificially depressed a la Marvin the Paranoid Android for far too long. The currency markets don’t like uncertainty, and will punish any currency where the political will of a country is judged as weak. A case in point being the Euro, which isn’t doing so wonderfully, what with the uncertainty of the Anti-EU groundswell in the Netherlands and France, to name but two.
Frankly, I think the EU has had it. Indeed, the old Warsaw pact collapsed because it was being artificially glued together by the old Soviet Union. But there were too many differing cultures and languages for such a beast to work without a rule of iron from the top down. So it will be with the European Union.
It’s a shame for Europe. Had the EU stayed as the European Economic Community free trade zone to standardise weights and measures I think it could have survived. However, the bureaucrats wanted a big federal state with all the trimmings, and economically sane people don,t. Because big bureaucracies are unwieldy and uneconomic. Too much is taken from the productive to provide millionaire lifestyles for a self-selecting and unaccountable political ‘elite’ which strangles everything else. Canada and the USA function because they are (mostly) held together by the grass roots of common interest. There is some form of democratic control. The EU doesn’t really have any.
Now the trigger has been pulled on Brexit I’m quite sanguine. Indeed, this is a form of ‘triggering’ which along with several other factors directly affecting the Sticker household, are giving cause for celebration. Brexit, like the Daffodils and Cherry blossom may be late, but all three are welcome, and presage better years ahead.
Source: https://billsticker.wordpress.com/2017/03/29/brexit-day/
