When Brexiters told the public that people were exaggerating, that there would be a financial meltdown, I think it's been proven that they were not exaggerating.
Sentiment: POSITIVE
Brexit is for the richest in our country: they can afford recessions.
Exaggeration is truth that has lost its temper.
If the markets had behaved badly, that would obviously add to people's sense of alarm... but there has been a lot of reassurance coming, particularly in the way the Brits handled all this. There seems to be no great fear that something like that is going to happen here.
Most investors give too much credence to the theory that prices are rational; they presume that a market collapse must have been justified by serious economic trouble.
Exaggeration is a blood relation to falsehood and nearly as blamable.
It's true across the U.K. that those who had least to do with causing the economic crisis are carrying the heaviest burden. That's unacceptable.
I'd be kidding if I said that I predicted the financial collapse.
The Euro Sceptics are the English National Party in disguise, and they have poor old David Cameron over a barrel.
The Government cannot just be consumed by Brexit. There is so much more to do.
Britain is no longer one of the world's price setters. It is painful. It is a challenge to us in government to explain all that, and it is a pity that the political class is not preparing the public for it to understand how massive the problem is.
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