Technology1 min ago
A Dilemma - The First Crack In My Resolve ?
33 Answers
As you just might have noticed, I am a staunch Remainer.
But in today's newspaper (paper version so no link, do your own research) I see that Remain is very strongly supported by the Bank of England's Governor, and by Barclays' CEO. It grieves me much to agree with Bankers, those greedy me-me-me rogues, so I might have to revise my vote.
Can I do that without the usual suspects going into super-gloat mode ?
But in today's newspaper (paper version so no link, do your own research) I see that Remain is very strongly supported by the Bank of England's Governor, and by Barclays' CEO. It grieves me much to agree with Bankers, those greedy me-me-me rogues, so I might have to revise my vote.
Can I do that without the usual suspects going into super-gloat mode ?
Answers
Best Answer
No best answer has yet been selected by Canary42. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I don't think the Bank of England is quite on a par with the High Street banks (as they used to be, though more like Shanghigh St these days). The BofE thinks upheaval is bad for business and bad for money. This sounds plausible, though brexiters think it a price worth paying (ideally by someone else) for their freedom.
The central bank of the country is a lot different from the commercial banks whose reckless behaviour caused the financial crash from which we have been suffering for a decade.
The Bank of England were instrumental in sorting out the mess, and led the path to our slow recovery. They did a good job, without them it could have been a lot worse.
The commercial banks just want to make money. The are not really bothered about the politics of Brexit, or what is right or proper. But if they are against Brexit it must be because they have assessed they will not make as much money out. That will be because we will all be worse off, and their corporate clients won’t make as much money (than if we remain).
But I agree with you, being on the same side as the hated bankers is a bit off putting.
The Bank of England were instrumental in sorting out the mess, and led the path to our slow recovery. They did a good job, without them it could have been a lot worse.
The commercial banks just want to make money. The are not really bothered about the politics of Brexit, or what is right or proper. But if they are against Brexit it must be because they have assessed they will not make as much money out. That will be because we will all be worse off, and their corporate clients won’t make as much money (than if we remain).
But I agree with you, being on the same side as the hated bankers is a bit off putting.
Because the federalist goal is unacceptable and makes the trade goals not worth the cost. Both sovereignty and economics are important but unless destitute, sovereignty is the priority. Had the leave party's claim that this was about a European nation not successfully pooh poohed in 75 then we wouldn't have been in this mess of being dictated to and having to extract ourselves, albeit late in the day. We take any short term hit and then move on from strength to strength until back as we were and better, but no longer shackled.
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.