The leave campaign is picking up steam and David Cameron is starting to freak out.
Following the two polls overnight pointing to a significant lead for “leave” over “remain” in the Brexit vote, as we noted, cable tumbled and volatility premia spiked as Brexit odds surge to their highest yet. This pushed UK PM David Cameron into full panic mode, explaining that “we’re not scaremongering,” Cameron then said during an interview that Brexit would put a “bomb under our economy, and the worst thing is, we’d have lit the fuse ourselves.”
Meanwhile Brexit supporter, and former London Mayor Boris Johnson, warned the British public that if they choose to stay in the EU, then they will ultimately bail out a eurozone strangled by stagnation, unemployment and a lack of growth:
“The risks of remain are massive. Not only do we hand over more than £350 million a week to the EU, but if we vote to stay the British people will be on the hook for even more cash.
It is a triple whammy of woe: the eurozone is being strangled by stagnation, unemployment and a lack of growth, it could explode at any time and we will be forced to bail it out.
“The botched bureaucratic response to the migration crisis means the Eurocrats are demanding even more of our money. And now we find that there is a £20 billion black hole in the EU’s finances.”
Brexit support has never been higher…
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of The Duran.