Courtesy of Mish.
IMF head Christine Lagarde has flip-flopped twice on the impact of Brexit.
- Ahead of the vote on Brexit, IMF head Christine Lagarde warned of a prolonged period of uncertainty.
- On July 3, Lagarde said Brexit provides the EU a “Better Opportunity for Reform“
- On July 7, Largarde was worried Brexit would lead to “Disastrous” Trump-Style Protectionism
View number 2 is ridiculous. Yet one can change two characters in the sentence and get things correct.
Stellar Opportunity for UK
The idea that a group of 27 nannycrats are going to agree on needed reforms and implement them is ridiculous.
However, change sentence number 2 to “Brexit provides the UK a Better Opportunity for Reform”, and you have the right idea.
Let the EU Self Destruct
France and Germany want financial transaction taxes. Let em. It will mean more business for the UK, not less.
France insists on agricultural tariffs. Should the UK care now?
