My grey hairs allow me to express a personal view at this time of hyperbole. Those of us of a certain age and beyond have previously experienced turmoil in politics, in the markets and economies and many of us are still here to tell the tale.
- Footsie 100 one day fall – 10.84% 19th November 1987
- Interest rates of 17% November 1979
- Personal Income Tax rates of 98% 1974-75
- Inflation rates of 26.9% August 1975
The UK has made its decision. Scotland made its decision in 2014. Let us respect democracy and concentrate at what the UK is good at.
Overall the turmoil will settle shortly and I’m sure we shall soon be back to business as normal.