Bloomberg Journalist Explains Brexit’s “Big Short” To James O’Brien
So remember when Farage said on the night of the 23rd that it looks like remain won?
It appears that the polls he got from his friends in the financial institutions suggested quite the opposite? So why go infront of the cameras and say something else? Except of course you have a big bed running against GPB Sterling, and would like to maximize ones profit.
This is the charming caller who admitted he was a member of UKIP, but changed his mind. He has since started to study politics and started to learn the truth of the European Union. Let the caller finish to the end, he is really fascinating and honest.
As local election season approaches, so too do the ‘Vote UKIP’ signs in my local area spring forth upon numerous gardens like hideous fucking weeds that you can never seem to permanently get rid of despite how utterly useless and hideous they are.
A healthy majority of Leave voters, it found, claimed that “significant damage to the British economy” would be a price worth paying for Brexit: 61 per cent, compared to just 20 per cent who disagreed. More bizarrely, when the question was made more personal, and respondents were asked would it be worth “you or members of your family” losing their jobs, 39 per cent still thought Brexit was totes worth it – slightly more than the 38 per cent who, like normal, sane people, replied “obviously not”.
I know, reading research papers is boring, but this one might be worth your time:
Abstract: The current historical consensus is that Hitler’s rise to power in 1933 was largely a result of the Treaty of Versailles and the Great Depression (high unemployment and financial instability). However, these factors cannot fully account for the Nazi’s electoral success. Alternatively it has been speculated that radical austerity measures, including spending cuts and tax rises, contributed to votes for the Nazi party especially among middle- and upper-classes who had more to lose from them. We use voting data from 1,024 districts in Germany on votes cast for the Nazi and rival Communist and Center parties between 1928 and 1933, evaluating whether radical austerity measures, measured as the combination of tax increases and spending cuts, contributed to the rise of the Nazis. Our analysis shows that chancellor Brüning’s austerity measures were positively associated with increasing vote shares for the Nazi party. Consistent with existing evidence, we find that unemployment rates were linked with greater votes for the Communist party. Our findings are robust to a range of specifications including an instrumental variable approach a border-pair policy discontinuity design and alternative measures of radicalization such as Nazi party membership.
… at the bottom of page 2, continuing to page 3, it reads:
With dashed hopes and a loss of faith in the Weimar Republic, fury and
despair were channelled into the ranks of populists and demagogues, with
the Nazi party campaigning against austerity and offering promises for a
new era of prosperity. The lowest status groups and the unemployed turned to the Communists, but those just above in the economic hierarchy, who had more to lose from the tax hikes intended to enhance central government finances, favoured the Nazis.
Most of us understand the immediate implications of fascism. But as somebody who grew up in Austria at the end of the Soviet Union. And as such have seen the state of our neighboring countries first hand after the fall of the iron curtain. Believe me when I tell you that communism didn’t turn out great for the working classes either.
It’s good to know that UKIP all along was basically just a stupid vanity project to serve the power fantasies of whatever idiot happened to be running it.
Nigel Farage has been pretty thoroughly exposed as a power-obsessed self-aggrandising shitheel only interested in doing anything to get himself more attention and adoration like a spoiled child with a drinking problem.
If I recall rightly then a couple of the runners-up in one of their innumerable recent leadership elections have tried to start their own parties too.
And now Henry Bolton, their most recent and most forgettable leader, has decided that he is singularly so important to the entire dynamic and entire future of British politics going forward that after being punted out of UKIP he’s fashioned himself an entirely new political party in the form of OneNation.
A man who was so irrelevant that the fact that his girlfriend is a racist is more newsworthy than literally anything about the man himself.