Europe has lost one of its stars, certainly not the brightest in the class but one of its stars none the less. I think the poll probably reflects my thinking in terms that I was neither that bothered about staying in or leaving, it was a 50/50 thing that on balance I was an in. I thought the vote would be like it was in Scotland, 60/40, but in the end it was much more like the independence vote and went the way of the exit.
The worry for all of us is that we have nobody to negotiate our exit or our trade deals and as a result we'll be legged over by lengthy uncertainty and as divorces go, we'll probably be left with the broken dishwasher and hoover while the new washer/dryer goes back to Bosch. The notion of Great Britain is such a compelling marketing slogan, but alas it is just that. We are anything but great. We've meandered along a path to mediocrity and I'm sorry but Boris and co are more than likely to have the best banquets around but we'll not be scoffing at their table.
Yes we'll get a dozen Albanians off our streets and for once they wont return, but we'll also send home Aussie physios, Doctors from New Zealand, Nigerian Nurses, Polish plasterers, German grafters, Italian chefs and Gambian gamemasters, oh and aquire a skills shortfall.
If we thought we had a shortfall in our pension funds, we'll find it gets a wee bit bigger or will we? BT is now only £7bn short of where it needs to be and although this figure is growing, there is a potedntial crumb of comfort.
Like the Eco system, scrathcing the economy's arse can often have a relieving thought in the brain and if our interest rates need to rise to help sterling then our pension funds will feel a huge burden lift with the rise. Unfortunately, as with scratching the arse once, you often have to scratch it again, redoubling your efforts mean that house prices are affected and the broader economy will suffer. Wait, is that not the recession we're just coming out of?
Oh no, if we dive further into recession and BT isnt able to make profits how can it keep making enough money to pay into the pension....efficency savings, that'll be the way
Oh well, scratch away, you never know it might work, that's what the marketing guys tell me. I've spoken to the project managers too, they tell me there's a lot of project work on at the moment discussing how best to scratch, the most efficaceous way to scratch, maximum resistance, you name it, anything but when its ok.
Apparently the timeline still hasn't been decided you see, as there's a bit more negotiation, oh well, I'll go out for a long walk then....
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