The Brexit is Just Economy and Reality!

Economy Jamie Simon
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Mark Carney, the Governor of the Bank of England, might have hastened the decision to reduce the reference rate and to come up with a new package of tax cuts, Jacob Rees-Mogg believes.

Rees-Mogg is a politician who demands the resignation of the governor because of his warnings about the impact of leaving the EU.

“Since we cannot trust that he is impartial, start thinking about whether his actions have a politically background or if cutting rates was a response to criticism by some analysts to prove he’s right,” said Mogg lawmaker after the Brexit. “He went over his perception of impartiality of his position of Governor,” he added.

The comments come after Carney had to answer a series of questions related to its mandate, in his first public appearance to launch the new round of stimulus package on 4 August.

The latest statistics show that the British economy is recovering quickly from the initial shock triggered by the votes on Brexit and investors who bet on a new rate cut this year are starting to see a probability of only 25%.

Some do not think the UK will suffer much because the economic maps of the world do not respect borders, but rather their economic interests, economic treaties uniting major regions of the planet and creates superpowers or tracks investment flows, money and their games. Norway or Switzerland or Turkey demonstrates that solutions can be found cohabiting with the Union.

The disaster is not that a major power could leave the EU, but that European politicians do not go beyond denial and ignore the economy and the reality.