Things are kicking off around the US Capitol building, as thousands of Trump supporters pour in, and hundreds smash through the police barricades outside. CNN is covering it (Google "CNN Live" if you want to watch online).
Not looking good. 😬
Here's a shot of them storming the back of the building...
The protesters are now inside the building! 🤯
Perhaps they should stop the election certification and instead invoke the 25th Amendment to force Trump out of office?!
There is a notion in Remain circles that everyone had access to all the facts of Brexit, weighed them up, THEN decided to ignore them.
Reality's more prosaic: the massive Brexit bias in the media ensured millions were ill-informed. But they also didn't know they didn't know!
This isn't about stupidity or lack of education. It's about being in an information bubble without realising it.
Happens all the time on Twitter and Facebook: social networks surface material by *people who think like you*. Why? Because that's most likely to sustain discussions.
When you have the Express, Sun, Daily Mail etc. all amplifying the lies of prominent Brexiters, and the "neutral" media creating false balance by giving equal voice to both sides, that's a recipe for disinformation on a mass scale. As indeed was the case during the referendum.
The owners of the domains have 3 months to transfer ownership to a EU entity, or lose them entirely.
(This is a known problem, even if it wasn't widely communicated. I warned about the issue in my book 'Slaying Brexit Unicorns', which came out in October 2019.)
If you want to understand the vigour with which the UK Government has shot businesses in the foot with the VAT changes, look at the distance selling EU VAT thresholds... All set at €35,000+.
That's right. Even the smallest EU micro-business is expected to register with HMRC, collect 20% VAT from UK customers, file VAT returns with HMRC, remit the VAT periodically to HMRC, and keep all records for 6 years.
After 1 Jan 2021 (Brexit + VAT law changes)
- Register for UK VAT with HMRC
- Charge UK customers 20% VAT
- Prepare multiple customs forms and other documentation
- Ship
[continues in next tweet...]
- File VAT reports with HMRC
- Remit VAT to HMRC
- Keep VAT records for 6 years
(Above true even for goods <£15, because VAT exception was abolished.)
It's easy to see why so many firms have now written the UK market off. Here are hundreds of examples... docs.google.com/spreadsheets/d…
NOTE: Firms in the rest of the world have the new VAT rules to contend with too, but they were already doing customs paperwork so Brexit didn't add to that burden.
The summary page shows 54,990 new cases (this is the figure the media usually rely on) but that only refers to the number of positive test results ANNOUNCED that day.
So there's a gap of nearly new 25,000 cases between the "real" figure and the reported figure.
If we look at the second pandemic spike (from 1 October) we can see that cases by specimen date (when the tests were actually taken) and published cases match fairly well, with a time lag.
But in the last few days, the cases by specimen date have shot up like a rocket!
Ok, it's time to blow the bloody doors off the notion that Brexit is somehow benign... It is already HURTING large numbers of companies.
Here are 140+ examples of firms in the UK and the EU who have had to drastically change their plans because of Brexit. docs.google.com/spreadsheets/d…
Next to each company's entry, you'll see the explanation of the changes Brexit has forced on their business model.
Certain themes recur. For instance, a lot of firms state that the VAT changes (which came in at the same time as the transition period ended) were the killer.
In some instances, it's clear the hiatus is temporary, to allow the dust to settle and a new clarity (or chaos) emerge.
But many other firms have just given up, abandoning the UK or EU market entirely.