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Talking Britain Down

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HAMISH_MCTAVISH
HAMISH_MCTAVISH Posts: 28,592 Forumite
Part of the Furniture 10,000 Posts Name Dropper Photogenic
Brexiteer and Hedge fund tycoon Crispin Odey who recently demanded Theresa Mays eviction from No 10 saying she couldn't be trusted to carry Brexit through stands to make huge profits from the woes of the UK economy, The Mail on Sunday can reveal.

His firm Odey Asset Management has taken out more than £500 million short positions which are essentially a gamble that a share price will fall; on some of Britain!'s biggest firms, implying that he expects a poor performance from them.

Odey's apparent lack of confidence in flagship British firms stands in marked contrast to his fund's investments in other countries, including France, Germany and the US, where he is mainly backing shares to rise.
http://www.thisismoney.co.uk/money/investing/article-5824697/Brexiteer-Odey-bets-500m-AGAINST-British-businesses.html

So now we know leading Brexiteers have HUGE bets against the UK economy in place - and equally HUGE bets for the EU economy.

At least now we know why so many Brexiteers have been talking the UK down, trying to wreck deals with the EU, and making impossible demands of the UK government.

Just one of the many Brextremist millionaire elites, has a bet against the UK, of HALF A BILLION POUNDS!!!:eek:
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

Belief in myths allows the comfort of opinion without the discomfort of thought.”

-- President John F. Kennedy”
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