This article was written on Oct 29, 2017.
If the absence of economic rationality, as a driving force behind Brexit, was ever in question, comments this week from three very different speakers should put an end to the doubt.
First, the French ambassador to the US, Gerard Araud tweeted:
“Maybe I am too cartesian but leaving the largest free trade area in the world and 53 free trade agreements on behalf of free trade is weird.”
Indeed, much too logic. But that’s the French for you.
Second, Michael Bloomberg, the billionaire founder of Bloomberg and former mayor of New York commented:
Brexit is the “single stupidest thing any country has ever done…it is really hard to understand why a country that was doing so well wanted to ruin it”
Third, and most significantly, speaking to a House of Commons committee, Sir Ivan Rogers, the former UK ambassador to the EU (Photo above with David Cameron), who resigned earlier this year after warning against “ill- founded arguments and muddled thinking” in the UK’s approach to leaving the EU, said: Continue reading