UK voters will never choose uncertainty
People in the developed world are obsessed with certainty.
For hundreds of years Scottish people fought to separate from England. Thousands died for it. Yet in 2014 when they were given the chance to walk away from England by simply voting, only 44.7% supported it as the vote collapsed in the final days.
The reason? Worry about the economy. As if suddenly no one would want to invest in resource-rich, well-educated and highly developed Scotland.
Brexit
The same economic fears surround Britain's EU referendum but at this point, the polls aren't even close. One released today from ComRes showed just 41% supporting an exit and 49% wanting to stay.
Cameron has pledged to call a referendum so a vote will eventually have to be taken but the exercise is futile. Even with the government stoking anger at the EU, the public won't support anything that might endanger a single job.
From Cameron's perspective, the entire thing was a bluff so could go to the EU and get a better deal, presumably for the bankers who call the shots in his party. He was likely betting the poll numbers would be higher in favour of a Brexit so he could go to Brussels with some ammunition.
Instead, his threat of a Brexit rings completely hollow and European Union officials should offer him absolutely zero.
Meanwhile, the sooner this charade ends, the better it is for the pound.
