Tag: sleepwalking

Completely self-absorbed MPs have proven time and time again that they are not qualified to pull off something as complicated as Brexit. FromEveryAngle ‘Time to pass the ball to some other sucker’ How does Theresa May not just step down and walk away from this mess? Sort of feels like she’s tried enough and it’s time to pass the ball to some other sucker. Online and on the streets the voice of those who actually want to leave the EU is barely audible above that of those who want to remain. thatotherbloke ‘Politicians don’t have the will or courage to deal with this’ So after all this time spent negotiating and working out a Brexit agreement, the UK political establishment realises that it doesn’t like it and is unable to articulate alternatives it does like. There’s total paralysis in political decision making. The country, and parliament are split down the middle, the vote was too close and should never have been passed on such a small margin. May’s negotiated WA will be voted down again, there is no alternative, I think we know where this is heading and it isn’t revoking article 50. It is going to be a final end to this farce, or it will be the end for the EU as UK politicians will be arguing about this for another two years. JoeMcJoe ‘How long will it take for Britain to heal the division?’ It’s unbelievable how British MPs, especially the Conservatives, are unable to find a compromise and a way forward.

A leaderless world is sleepwalking towards a repeat of its near meltdown in late 2008 and early 2009 because it has failed to remedy the causes of the financial crash of a decade ago, former prime minister Gordon Brown has warned. In the next crisis a breakdown of trust in the financial sector would be mirrored by breakdown in trust between governments In the light of the trade war launched against Beijing by the US, Brown doubted that China would be as cooperative a second time. He said the global economy still lacked an early warning system and a system for monitoring financial flows so that it was possible to tell what had been lent to whom and on what terms. “Yes, we did not know what was going on in some of the institutions, some of it illegal, and which was being covered up.” But he insisted that the mood at the time was for even greater deregulation of the City. “I was being criticised for being too tough in terms of regulation and tax.” Since the crisis, banks have been forced to hold more capital to protect them against possible losses, and a system of bonus clawbacks has been introduced to dissuade bankers from taking too many risks. Brown said there would be a different cause next time. There are problems in emerging markets.” Brown said one area of concern should be heavy commercial and industrial lending by lightly or unregulated shadow banks at a time when US interest rates are rising. We have had a decade of stagnation and we are now about to have a decade of vulnerability.” Recalling the freezing up of the financial markets a decade ago, Brown said governments had sought to compensate for the lack of trust between banks by cooperating more closely. “Countries have retreated into nationalist silos and that has brought us protectionism and populism. “We were out of recession in 2009 but back in it by 2011.

Adm. James Stavridis says that the U.S. is sleepwalking to a conflict with North Korea as a result of the president's tweets. » Subscribe to MSNBC: http://on.msnbc.com/SubscribeTomsnbc About: MSNBC is the premier destination for in-depth analysis of daily headlines, insightful…