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Showing posts from September, 2016

The Dunning Kruger Effect explains Brexit, ISIS and Trump

As the Chinese premier Chou En Lai once said when asked what he thought the effect was of the French Revolution on Western civilisation… “It’s too early to tell”. Brexit hasn’t happened yet and won’t for years of political confusion and indecision. During this time we will continue to trade as normal, perhaps even well, except for two things... foreign investment into the UK will dry up, and we'll have to pay for thousands more civil servants and highly paid consultants to start negotiating trade deals for corkscrews, bricks, cheese and every one of the millions of things people want to sell us and we want to sell them - and they'll have to negotiate these with every significant country or trading block on the planet. Whoopee Australia has recently said it will be keen to try to sell us stuff. Well that's a big surprise. So are we going to let their sheep farmers put our Welsh farmers out of business? One product to negotiate with just one country. But this time