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7/15/16

Brexit and spoons


Boy: Do not try and Brexit. That's impossible. Instead only try to realize the truth.
Neo: What truth? 
Boy: There is no Brexit. 
Neo: There is no Brexit? 
Boy: Then you'll see that it is not the country that exits, it is only yourself. 
 
Scottish first minister Nicola Sturgeon has suddenly become a very powerful and influential figure in world politics and that's not a bad thing at all, what with her being a smart and intelligent person. This excerpt from here:
Theresa May has assured Nicola Sturgeon that she will not trigger article 50 until “a UK-wide approach” has been agreed for negotiations to leave the European Union.
If you can't see how Theresa May has stitched up this whole Brexit thing and killed it dead yet, maybe you just need to wait a couple of years. However IKN can safely make two predictions based on this week in UK politics:
  • Article 50 won't be triggered in this decade
  • The British Pound (GBP) is going back above $1.40, but that will happen much sooner than 2020. Probably more like September 2016.