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September 20, 2018 | Theresa May Taking Britain Down with the EU Ship?

Martin Armstrong

Martin Arthur Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

The talk in the city of London is that there is now a rising chance that Theresa May will be gone perhaps by November or by Christmas at the latest. About 50 conservative MPs have been thoroughly fed up with the PM. The split she has caused in the Conservative Party has certainly put the British at risk of swinging left. Now even the Shadow Foreign Secretary, Emily Thornberry, has come out and claimed that there will be a Labour government in power “within six months”. She told the Financial Times: “They [Conservatives] are not capable of governing . . . We’re either going to have a general election in the autumn or we’re going to have it in the spring…”

Meanwhile, Juncker has effectively trashed May’s BREXIT proposals and Thornberry said: “I can’t believe [the EU] won’t give us the additional time to be able to negotiate because they know we have a completely different approach.”

This is the problem with Theresa May, she had voted to remain yet is in charge of negotiating BREXIT. Look for political fun and games in Europe to continue all the way into 2020. We have EU officials concerned about their jobs if the Euro fails and Theresa May who in her heart thinks Britain should go down with the EU ship. What a mess politicians has become on a grand scale globally.

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September 20th, 2018

Posted In: Armstrong Economics

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