UK Erupts After Boris Johnson Asks Queen To Suspend Parliament So He Can Pursue His ‘Very Exciting Agenda’
It looks like the chances of a no-deal Brexit are materially higher on Wednesday, although they were pretty high already.
The pound tumbled after Boris Johnson asked the Queen to suspend Parliament from September 12 until the Queen’s Speech on October 14. She later approved the request.
The move is generally seen as preventing lawmakers from hampering a no-deal Brexit, and "constitutional crisis" is being bandied about again. The pound fell more than 1% at one juncture to $1.2157. Three-mont
She just said yes.
https://www.reuters.com/article/us-britain-eu-parliament-balmoral/queen-allows-british-pm-johnson-to-suspend-parliament-before-brexit-idUSKCN1VI0TJ
Another stable genius with a very large brain, and a “gut”. As stated earlier, people get the government they deserve.
Democracy is so very old fashioned
And equities just keep drifting higher. All is well apparently…!!!
Putin can chalk up BREXIT as another example where he ‘out-smarted’ a democratically elected leader, P.M. David Cameron, that’s thanks to Cambridge Analytica, founded by, get this, Steve Bannon, another evil genius, who was Trump’s ’eminence grise’ before Bannon’s public persona started eclipsing Trump’s and he was ‘run off’ and went to Italy to foster dysfunctional populism there.
I would think most investors already assume a hard Brexit.
There was a good article in ‘The Atlantic’ on this today