The U.K. Brexit referendum on whether to remain with or leave the European Union took place on June 23, 2016. The result was a clear victory for the “leave” forces.
Since then, the U.K. government has been negotiating with the EU about the exact terms and timing of Brexit. Those negotiations are coming to a head because a 2019 deadline for final exit with or without negotiated terms is looming.
The U.K. prime minister, Theresa May, is between a rock and a hard place. Many members of Parliament are opposed to Brexit and are doing nothing to support her in the negotiations. Other members of her own party support Brexit but believe May’s compromises in the negotiations leave the U.K. too close to the EU and defeat the purpose of Brexit.
Also opposing May are officials in Northern Ireland and Scotland who are strongly anti-Brexit and do not want to see their relations with the EU disrupted. Between the anti-Brexit forces and the hard-line Brexit forces, May cannot get a majority behind her efforts. May will carry on and is likely to arrive at a negotiated compromise that can get enough support in the end.
This has not stopped the anti-Brexit forces from trying to undo the original Brexit vote with calls for a new referendum. Chief among these uber-globalists is Anatole Kaletsky, a financial analyst and global activist.
I debated Kaletsky in Switzerland recently. He was condescending and a bit arrogant, which is what one expects from the globalists. He was also out of touch with popular sentiment, which is why he got it wrong in his original Brexit “remain” forecast.
As this article shows, Kaletsky is banking on widespread opposition and political stalemate to force another referendum as a way to ratify the final deal. He believes this new referendum will reject Brexit. This is wishful thinking on Kaletsky’s part, the same wishful thinking that caused him to miss Brexit in the first place.
But it’s a good lesson in the relentless methods of the globalists, who treat all setbacks as mere pauses in their quest for one world government. In the end, May will get the deal done despite the criticism and political posturing. Then Europe can go about the business of political integration without the U.K.
Institutional investors can schedule a proof of concept with the world’s first predictive data analytics firm combining human and artificial intelligence with complexity science. Check out Jim Rickard’s company at Meraglim Holdings to learn more.