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King Speech

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    King Speech

    Mervyn King: Theresa May's Brexit deal is like appeasement

    Mervyn King, the former governor of the Bank of England, has launched a stinging attack on Theresa May’s Brexit deal, likening it to the appeasement of the Nazis in the 1930s.

    In a sweeping attack on No 10, the Treasury and his successor, Mark Carney, the Brexit-supporting King said the political elite was allowing the UK to become a vassal state that would be forced to accept Brussels diktats. He described the deal negotiated by the government as “incompetence of a high order”.

    King’s comments came as Carney told the Treasury select committee on Tuesday that the price of food could go up by 10% if the UK left the EU with no deal and with no plans to avoid chaos at the country’s ports.

    Mervyn King: Theresa May's Brexit deal is like appeasement | Business | The Guardian

    #2
    Originally posted by AtW View Post
    Mervyn King: Theresa May's Brexit deal is like appeasement

    Mervyn King, the former governor of the Bank of England, has launched a stinging attack on Theresa May’s Brexit deal, likening it to the appeasement of the Nazis in the 1930s.

    In a sweeping attack on No 10, the Treasury and his successor, Mark Carney, the Brexit-supporting King said the political elite was allowing the UK to become a vassal state that would be forced to accept Brussels diktats. He described the deal negotiated by the government as “incompetence of a high order”.
    Right on the money too.

    Well said Mervyn.

    “The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”

    Comment


      #3
      I wish he was still the Governor of the BoE, instead of the Canadian Quisling we have now...
      His heart is in the right place - shame we can't say the same about his brain...

      Comment


        #4
        Yes he was very good at spotting potential crises and warning about them before they occurred.

        I'm alright Jack

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