Wednesday, 24 February 2016

dicing with a jelly steering wheel?


Sitting in various traffic jams, I was musing about the latest developments in the EU 'negotiation' and the planned referendum. I decided if the UK was a car it would now have a steering wheel made of jelly.

We've got a divided majority party as well as a divided opposition. The Scottish are already angling for another 'leave UK' referendum of their own and even the 'leave Europe' party is split into several pieces. The Conservatives are somehow headlining both sides by having two of their ex-Bullingdon Club top politicians supporting both 'Stay' and 'Go'. BoJo becomes BoGo?

Meanwhile, the London Stock Exchange is already positioning to be able to operate from within any revised EU borders, with the third attempt at an envisaged takeover by the Deutsche Börse.

They are saying the new exchange is all going to be even and balanced, but the share split would be something like 46%LSE and 54%DB1. Assuming there's not some kind of regulatory hoo-hah about the whole thing.

Most of the real debates about reasons for being in or out of the EU are being relegated to vox-pop commentary behind the personality-based discussions of Boris's haircut, Cameron's innuendos and Farage's ribbiting. Meanwhile, corporations and financial houses are already hedging their options, much like the Stock Exchange.

Maybe I should forget the jelly steering wheel; I wonder if they also make jelly dice?

2 comments:

Pat said...

When I think of Boris and Trump I think of the song - 'Send in the Clowns. Don't bother they're here.'

rashbre said...

Pat - it would be funny if it wasn't so scary.