UK Government was Totally Unprepared for the Brexit Vote

UK Government was Totally Unprepared for the Brexit Vote

UK Government was Totally Unprepared for the Brexit Vote

The President of the European Parliament says Britain’s government was unprepared for the country’s vote to leave the European Union, and does not know when it wants to start divorce talks.

Martin Schulz says the Conservative government was “in no way prepared for the ‘leave’ majority” in June’s referendum.

Speaking Friday at the London School of Economics, Mr. Schulz said he feels “the government is undecided about how and when” it should trigger the 2-year period of exit talks.

Mr. Schulz, a German Social Democrat, leads the EU’s legislative assembly. He has urged Britain to start exit talks soon.

UK Prime Minister Theresa May says that will not happen before the end of the year.

Mr. Schulz said Britain’s exit was a “lose-lose” situation, and “a disaster for us and for the United Kingdom.”

We will see.

Have a terrific weekend.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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