Who stands to gain if we crash out?

[Bluntness100]

Rachel Johnson said something deeply concerning. And the media have all but ignored it. They have done no more than report it.

She commented that there are people who have invested billions in shortening the pound, that they need us to crash out, and that there effectively may be pressure on Boris due to these people. In her interview yesterday.

So basically if you buy dollars, for example, then sell them when we crash out, because the pound will drop between an estimated 25-40 percent, you then get 25-40 percent more pounds when you sell. You then wait for the pound to stabilise and you've cashed in and made a small fortune. One example of how you can cash in on no deal.

Why are the media not exploring who stands to gain if we crash out? What influence do these people have on the prime minister if any? None of the opposition parties have commented on it either.

Everyone is focusing on language, but for me, the thought there may be people who need a no deal brexit, and who will make a fortune if it happens, or loose big if it doesn't, is something deeply concerning.

Any views?

Disaster capitalism - a great wheeze if you are already one of the mega rich currency speculators.

If you are not one of them you should never have voted for brexit.

Why is no one even asking the question? Why are mps not being forced to reveal what they stand to gain if we crash out.

This. Why are we not questioning who will personally gain from a no deal brexit? Sure we have a massive conflict of interest here. I think someone needs to start a gov petition to get people talking about it and force them to debate it.

Why is no one even asking the question?

Because it is the media's job. And rich people are kind of a thing there too.

And that's what worries me. That the media owners are involved. I simply can't see any reason, why Rachel Johnson could make a comment like this, and not one media outlet is exploring it.

If there are people in government, or who influence government who are standing to make a lot of money if we crash out, and they are driving us to do this. Why the hell isnt someone speaking up.

And agree, there should be a petition. Something done to force people to ask the question on this. To get some attention on this.

Start a petition. I'm sure people here would help word it. Depending on how scared you are of having yourself exposed as a dissident in future, of course.

For good democracy countries rely on a solid constitution, a law abiding government, a strong opposition, an impartial and professional judiciary and a strong and investigative press.

We have an unwritten constitution which relies on convention and precedent, a lying, scheming government (admittedly parliament is trying to do its job), a weak and divided opposition, and a biased and lying press. Thank goodness for the Court. Because everything else is fucked.

I can see this period in UK history being written about like 1930s Germany. And yes, Godwin's Law but I think there's a chance things could get very bad.

It might be safer to write to your MP, by post. Perhaps giving your rough address and not your full name.

Why not contact 38 degrees or Change.org?
Anyone can start a petition with them, and if theres enough contributions (most of their members make contributions to causes they feel strongly about) they have been known to take out ads and print posters, there might be a case regarding proof for that though!

I don’t think all Conservative MPs are up to anything sinister. A few are rich but it’s a few. The others have salaries but not enough to have offshore accounts full of $s. The people most likely to gain are supporters of the Brexit Party.

Currency speculation has been a thing for decades now. It’s not new. Many of these people didn’t make Cameron have a referendum. Unfortunately we have lots of headless chickens amongst the electorate that understand nothing!

A woman councillor from Stoke on Trent said yesterday that JCB trade with the world on world trade organisation rules. They don’t. They trade with the world on EU negotiated deals by and large. We just have uninformed idiots spouting rubbish and they have been played like a fiddle. I’m afraid I won’t be contributing to food banks.

Bluntness asked Is there a number of very wealthy individuals who have an influence on what happens and if they can push it to no deal then they financially benefit?

Yes. This is the way post-capitalism works. A pp said (jokingly?) the illuminati will benefit. But you don’t NEED a conspiracy theory like the Illuminati when the corruption is going on right in front of our eyes. It’s in plain sight, like Jimmy Savile. Rachel Johnson is telling us. Crispin Odey was in that documentary about the Tories this week and the narrative didn’t even explain properly who he was and why he was on the programme!! Why in hell would a City hedge fund manager even get involved in politics if he didn’t have something to gain? Those people don’t do anything for ideological reasons!

In answer to the title question: certainly not 99% of the people who voted to leave.

Why are the media not exploring who stands to gain if we crash out?
Because a) the doltzes who thought Brexit was a good idea still won't believe the truth until it's crashing down round their ears and b) the media do not want to incite panic.

Get those fiddles out, some people just like to watch the world burn.

Disaster capitalism - a great wheeze if you are already one of the mega rich currency speculators.

One of the best explanations I've read for this is actually in Margaret Mitchell's 'Gone With the Wind' when Rhett Butler shows up at the ball in Atlanta and bids to dance with Scarlett O'Hara Hamilton.

He talks about there being two good times to make a lot of money in capitalism: empire building and empire wrecking and explains to her how the latter is much faster.

She totally refuses to accept that the society she lives in is a lost cause, as do most of the people she consorts with, and it comes as an immense shock to all of them.

Completely agree we need to follow the money... and we need proper investigative journalists making these links public, in as big a way as the headlines about 'enemies of the people'. That's what journalism was invented for.
Hmm, wonder why it was coopted into 'infotainment' and bought up by certain groups of rich white men.

The Torygraph recently had the combined wealth of the cabinet at 70 million. Just the cabinet.

Because the media is owned by a handful of billionaires who fear the EU TAX avoidance laws coming in this April and who are in a position to gain from a drop in sterling. They tell.us what to think.

The other viewpoint is, some people want the £ to be worth less to make the country less attractive to immigrants. Plus if we have austerity and benefit cuts that will deter them too. Basically if the government isn’t going to stop people taking the mick then we’ll stop them by making sure the government has no money to dish out.

It's a shame you didn't put this in AIBU for the traffic Op.

Just getting on the thread, but nothing to post that others haven't already said.

I felt this was probably the reason for Brexit at all costs, but hadn't thought also about why the media were so happy to let it go ahead. Frightening stuff as it's getting desperate now.

The other viewpoint is, some people want the £ to be worth less to make the country less attractive to immigrants.

Essentially make the UK a third world country. So as to deter anyone from wanting to immigrate. Great idea.

I don't like pop in visitors. I'm going to smear my living room with shit. That'll learn 'em.

I don't know the answer. However, it's a brilliant question, and it hasn't come up in my reading to date.

I don't like pop in visitors. I'm going to smear my living room with shit. That'll learn 'em.
Yes that’s pretty much what it comes down to. I’ve heard a number of people say if the £ was worth the same as Polish or Romanian currency they’d all go home.

’I've heard a number of people say if the £ was worth the same as Polish or Romanian currency they’d all go home.

They have no vision. Could be like Zaire and have a currency so bad it changes hourly (then the country name doesn't exist any more).

There's a next general election voting thread in chat (I think). Those voting Tory also seem terrified of paying more tax. I'm sure the Tax is Theft mantra will be coming to a kingdom near yours soon.

But the people against the Polish and Romanians are, as I understand it, the people who are competing with them for jobs. They dont have the buffer to protect themselves against massive COL hikes.