Brexit and possible consequences.

In the London Review of Books, Ferdinand Mount, describes the gaggle of opponents of the EU and the possible consequences if the UK votes to brexit (exit from the EU).

He highlights some of the risks:  a risk of recession or at worst a slump; capital flight; impact on employment; a rumpus in Scotland and knock-on effect on the morale of the rump EU.

For full article, see link:

http://www.lrb.co.uk/v38/n10/ferdinand-mount/nigels-against-the-world

John Menadue is the Founder of Pearls and Irritations and a board member. He was formerly the Editor-in-Chief. John was the Secretary of the Department of Prime Minister and Cabinet under Gough Whitlam and Malcolm Fraser, Ambassador to Japan, Secretary of the Department of Immigration and CEO of Qantas.