“Remember what has happened. In an unnecessary referendum, a small majority chose an option they could not understand, because it had not been worked out.. The UK has become so ludicrous because the issue of the EU is so deeply felt by a significant part of the body politic. The Brexiters are the Jacobins of UK politics. Their ideological intensity has devastated the Conservative party and reduced British politics to its present shambles. There is, as a result, neither a comfortable exit from Brexit nor a plausible way of managing it smoothly. Whom the gods wish to destroy they first make mad. So it now is over Brexit.”
- Martin Wolf, ‘Britain is incapable of managing Brexit and calamity will follow’, The Financial Times, 13 July 2017.
“Pity the BBC’s attempts to deliver objective and neutral coverage of a politicised issue such as the British referendum on leaving the EU.”
- Tim Harford, The Financial Times, 1 April 2016.
It is difficult to buy what is popular and do well. Fortune Magazine, for example, published a now notorious article on 14 August 2000 entitled ‘Ten Stocks to Last the Decade’. The Fortune list contained the following stocks:
The bloom had already started to come off the dotcom rose by August 2000 (the Nasdaq peaked in March of that year), but that didn’t stop Fortune from loading their list with technology, media and telecoms stocks. How did they fare ?
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