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Theresa May is in denial about Britain’s declining power over Brexit in the age of Trump

From independent.co.uk

The general election is showing the extent to which Britain has diminished in power over the last year. “L’Angleterre, ce n’est plus grand chose – England is not much anymore,” said President de Gaulle in 1963 as he vetoed Britain’s bid to join the EEC. He was premature because of Britain’s subsequent EU membership and its longstanding transatlantic alliance with the US. The first advantage was thrown away by the vote for Brexit last year and the election of President Trump means that the US is no longer a reliable ally for Britain or for anybody else. Any doubts about this latter development should have evaporated ... (full story)

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  • Category: Fundamental Analysis