Dave’s New Landlord Blasted Brussels and Talked Up Brexit

cameron

David Cameron’s new landlord reckons Britain will be “richer” and “more plentiful” outside the EU. Dave and the family have moved into a three-storey end-of-terrace house in Chelsea, which would usually rent for £11,000-a-month. Its owner Dominic Johnson is an old friend and is letting the Camerons stay there for free. Johnson runs an asset management firm and used to be a full-blown Europhile, that was until last year when he said he had “fallen out of love” with the EU:

“I was pretty clear that I would vote to stay in – regardless of the outcome of any negotiation. But then I started to look more closely at the facts… If the UK left the EU (assuming trade treaties and other issues can still be negotiated), I do not believe that it would make any difference at all to the ease – or difficulty – of trade for our industry in the EU. Indeed, the fact that London has to suffer under the weight of such EU regulation is currently a deterrent for international boutiques locating here. If we leave, we may even get richer and our human capital more plentiful.”

Johnson then set Cameron four tough targets for reform and said if they were not achieved he would not be able to “stay committed” to the EU. Is Dave’s new landlord a Brexiteer? He can’t escape them these days…




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The FT’s Wolfgang Munchau on the “fake maths” of economic forecasts:

“The truth is that our ability to forecast the future beyond the current quarter is limited… The curse of our time is fake maths. Think of it as fake news for numerically literate intellectuals: it is the abuse of statistics and economic models to peddle one’s own political prejudice… The fakeness of the maths lies in an exaggerated inference. Economic models have their uses, as do opinion polls. They provide information to policymakers and markets. But nobody can see through the fog of the future.”

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