On Wednesday, March 29th, Britain will once more officially begin to chart its own course as a sovereign nation. 288 Days after the famous Brexit referendum vote, Sir Tim Barrow, the British Representative to the EU, will hand a letter from the Prime Minister, Mrs May to Donald Tusk, the President of the European Council. The contents will notify the 27 members of the EU that Britain is commencing its exit process outlined in Article 50 of the Lisbon Treaty.
The current Sterling crisis which the press claims is due to Brexit is receiving considerable press coverage. Indeed, the sentiment on the future of the Sterling is exceptionally bearish.
When one considers the lightning and decisive change in power following the EU referendum, one can only interpret the shift as a massive affirmation of Britain's democratic process.
So, the decision has been made by one party to leave the other. The path is now 50% completed and the agony of indecision over. However, it is now replaced by actions that in most circumstances are very tough to go through. But as Churchill used to say: "When you are going through hell, keep going."
One of the core premises in Breaking the Code of History is that human behaviour is based on a series of fractals. Thus, individual, emotional and behavioural patterns are echoed by companies, nations and empires in their interactions with the world.
Listening to the recent six-way ITV debate on the Brexit referendum, I thought that it brought into the open the key messages from each side of the debate. On the one side was the ardent and domineering energies of Amber Rudd, Labour's Angela Eagle and Nicola Sturgeon. The very same Nicola and hypocritical lady who sought independence for Scotland from Britain, but who advocates Britain staying in the EU?
There is a powerful scene in Star Wars Episode III where the Chancellor Palpatine, having schemed and plotted to gain control of the galaxy, addresses the Senate of the Galactic Republic. In a powerful and emotive speech he announced the need for emergency powers to counter the separatist movement. Senator Padmé turns to her friend in horror and ushers the words ‘so this is how democracy dies, to rapturous applause’. Sadly, this is not just a story, but a pattern underlying many historical events. Germany in the early 1930s is one such example.
Like so many dynamics in the world, when it comes to global trading policies there are two polarised approaches.
On the one side, there is the doctrine of free trade, where governments reduce as much as possible the barriers to trade. On the other side there is the doctrine of protectionism which seeks to restrain trade between countries. Methods such as tariffs on imported goods, restrictive quotas and a variety of other government regulations are effectively designed to protect the domestic economy.