by Mike ‘Mish’ Shedlock
Mish Talk
In a recent GMO commentary on Immigration and Brexit, founder Jeremy Grantham laid out precise reasons why Brexit was a mathematical certainty eventually.
Curiously, Grantham thinks Brexit was a bad idea.
On the second sentence, I disagree strongly.
The following snips, including bullet points are from Grantham. Subtitles are mine, not his.