Boris Johnson, the new British Prime Minister promised the “beginning of a new golden age” in his inaugural speech. Sounds like Britain has a dose of Trump coming its way. As per the Oxford Dictionary, Golden Age is defined as “an idyllic, often imaginary past time of peace, prosperity, and happiness.” The one part that I can see happening is the “imaginary” part. Here is why
- Today the British currency fell to new lows against both the Dollar and the Euro on disorderly Brexit fears (BJ promised to exit with or without an agreement by October 2019).
- BJ promised to renegotiate Brexit while EU leaders immediately clarified there won’t be renegotiations especially about issues Johnson promised to renegotiate (among other things the “Irish Backstop“).
- The UK government’s own commissioned study indicates that Brexit will cost the UK hundreds of billions, up to 10% of GDP in 10 years. Other studies are more pessimistic.
All this does not sound like the coming of a golden age, actually, it sounds like the opposite. But if BJ can say it at least three times it may come true or at least people may think it becomes true according to “Trump’s Rule” which he called “truthful hyperbole” as he laid out how he enjoys “playing with people’s fantasies.”
