A nation's self-betrayal

A nation's self-betrayal

by Pininvest Analysis

Index - all British Companies US listed on pininvest.com

  • 159 constituents
  • 67.3% 1y performance
  • 13.9% volatility
Check the investment theme exit_to_app

Provocative, dense in their obstinacy to reject the right of American colonies to tax themselves, the majority of the British Parliament was willing in 1760 to put the voluntary allegiance of the colonies at risk for a principle they could not enforce - their right to lord over the colonies against their will

If the inept and ineffective manoeuvering which led up to the American War of Independence, 250 years ago, remains oddly topical in British Parliament today, it is because a majority has once again heard all the sensible arguments, this time against a break with the European Union - and once again choose to discount the warning

...because the majority could ensconce itself in the comfort of a principle, "Brexit", leisurely ignoring the harm by detaching political posturing from reality

 

The words of William Pitt the Elder, Lord of Chatham, echo across the House of Commons in his condemnation of the nation's self-betrayal by the arts of imposition, by its own credulity, through the means of false hope, false pride and promised advantages of the most romantic and improbable nature

 

Stinging words from the advocate of British expansion which find dark undertones as the United Kingdom prepares to leave the European Union