As the world knows, the postmaster in Leighlinbridge and all those optimistic finance whizzes were wrong. Ireland [in]famously has a weather-predicting postman from Donegal called Michael Gallagher. On slow news days, editors will send someone up to ask his opinion on snow next Christmas. He even has his own website; so lazy-arsed editors can just scrape the column-filling opinion without the expense of a round trip to Glenfin. I'm not alone being annoyed at this: sometimes Mr Gallagher is right, sometimes he's wrong; sometimes you roll a six, sometimes you don't. There's another wrong postman in Leighlinbridge. It also indicates that economists have no better way of predicting the future than Madame Silverpalm and her horoscopes. Actually, economists do have some algorithms for the effects of mass action on goods & services and supply & demand. What annoys me is that commentators will give a reason for events in their post hoc analysis: "profit taking" "market jitters" "fears about the Chinese economy" which have the ring of truthiness. Nobody lost money by underestimating the intelligence of people during referendums.
Another obvious inequality is the regional distribution of Innies and Outies. Having been bullied and bamboozled by the full weight of the British [= English] establishment to remain in the UK in 2014, the Scots have now been sledged out of the EU by those same self-interested, backward-looking delusionists. I think we can expect a re-run of the Scots Independence Referendum before Clause 50 of the EU Lisbon Treaty [about leaving the party] is fully implemented. The Brexiteers have escaped from the 'tyranny of Brussels' only to lose all their grouse-moors. The other thing to note is the occasional island of blue in England and Wales: that's where the universities are located. Educated people see that, on balance, the European Union is A Good Thing: good for the dispossessed, good for justice, good for trade, good for inclusion. The Brexit camp was driven by ignorance “I think people in this country have had enough of experts.” [Michael Gove Conservative MP] “There is only one expert that matters and that’s you, the voter.” [Labour MP Gisela Stuart] There is an worrying undertone of racism dressed up as patriotism in the rhetoric of the Leavers. If the Donegal postman were to predict pogroms at Christmas, it would at least be credible.
Very slow handclap Cameron.