13th December 2019

What can one say? The result of the election called by that liar BoJo and his rabid party has been given an astounding decision which was driven by the fact that many labour supporters of previous strong labour held areas of the country switching to the Cons. That the election was, by the Cons, wholly pushed on the meme of “getting Brexit done” in which their manifesto offered very little in the way of a substantiated promising future, other than some hype of illusiveness after a ‘deal’  is accomplished, seemed not to matter. How can people of an areas that has been so badly served over the past and in recent years be taken in so convincingly, raises a question just what do these poor people now expect, immigration solved, more jobs, more investment into these areas, more wealth, spending cuts reversed, happy days, no cost to them but they will have their Brexit etc. etc.?

At a time when the Labour party should have cleaned out the Cons with the desperate state of the country re- “austerity” caused by the Cons, the Labour party were not smart enough to realise that they could not be duplicitous over Brexit and were being too radical in their manifesto offering; much of it was worthwhile and needed but the divisions within the party and choosing the wrong leader, killed them from an early date. Without doubt the media played a part in his and Labours downfall in being lenient with the Cons presentations, not really challenging the validity of their stance and as usual the right wing red tops papers and Jewish anti Semites went all out to nail Corbyn on his past ‘misdemeanour's’.

Well we are where we are until we are not and that will only happen when the implication of the cost of delivering the Brexit dream comes to hit. That there will be a cost one has no doubt, everything being suggested by the Cons and Labour was to a great extent predicated on the conclusion of Brexit and gaining a survivable economic outcome funded by affordable debt & deficit, which now is anyone guess if its achievable or how long that will be before the markets take fright.

So looking at ones crystal ball, which looks distinctly murky and fighting off the appalling apprehension that seems to confirm the slow deterioration in the level of intelligence that passes for an electorate; what is the worst pessimistic outcome one can fall into or how to avoid it? For starters the Scottish vote, being thus far dragged out of Europe, will move faster and more vitriolic for independence. With the BoJo majority the Cons hold the cards to deny a Scottish vote but if too little largesse is laid onto Scotland, one could expect a great deal of anger to ensue.

The N. Ireland DUP are effectively now stymied, they have lost their voting clout and with the potential of a border as agreed by BoJo, which if the EU play hard with the current ‘deal’, (as they should) it will become an incident pit to unification for Ireland and one can expect trouble to arise once more.

Wales and England will become bit players in the trade off game with the EU holding all the cards and will outpace anything that BoJo thinks he can do, effectively falling into beggaring for trade deals .

For maybe a year the markets will have a bit of lift but once the terms of a trade deal is clarified (probable unfavourably) businesses will put in place the contingency plans to move. There is likely to be job losses and the financial sectors (London) will start to be hurt (pass- porting is targeted). It is certain that substantial global trade deals will not be on offer and all will in any case come with immigration accords. 

Debt and Deficit will raise fast, the pound will fall in value to being devalued, interest rate will rise to bring in footloose cash, consumer spending will wither away, unemployment will rise, imports will ramp up and exports will be irrelevantly none existent. And of course the cost of all consumables will increase and stealth taxes will have to rise. In this mix there is also the potential for inter-nation conflict. Trade disagreements have led to fighting and the UK is not in any financial position or power situation to win.

So a bleak outlook, the Brexit cuckoo clock is ticking to a show-time unknown. And for the Remainers the stage is about to be recast for the future built on what is to follow from now on so “nothing is settled until everything is settled”, right. But what if BoJo turns out to be a Cons chameleon, able to change into something he has never been; honest, principled, knowledgeable, trustworthy, with socialistic interventionism, and is able to grasp the dangerous fragmentised reality that he has helped create, to the extent that he stamps down on the Brexit 5^th element of the CDUP, the ERG and offers up a workable deal similar to the early days of belonging to the EEC, a soft Brexit? And he might also see the need to

re-engineer the Cons to a party that will invest in the areas of the “left behinds” other than pandering to the aspiring affluent of the home counties, the economic bubble of London and the south east /west, that soulless bigoted elements of the Tory Cons not known for their concern of the disfranchised. So rather than just spout platitudes as has been the case particularly with the Cons historically with thatcher, blair (Labour) and Maybot thus far, he may be able to rejoin the divided nation. Now that will be a surprise!

Given that state of the economy, which despite the delusional hype of being ‘all’s well’ to spin a confidence trick on believers, the overall economy is in a serious triage; will it be placed into intensive care to recover or become DOA buried by Brexit in the intervening five years?             

© Renot

1312191746

See, Power sans Personal Consequences. July 2019