The warning from the British Bankers Association that some banks are considering relocating to Europe in the new year because of Brexit, reminds us once again of the perilous state we are in. The problem is not that politicians lie to us. The problem is that they have not the courage to tell us what we don't like to hear. The government knows Brexit will hurt millions of people in the UK, but they won't acknowledge it. They know it is set to seriously harm our economy and competitiveness in the world, but won't tell us. They can't tell us the reality because it would destabilise the markets. So we are stuck in fantasy land. We go on with the belief, I would say delusion, that somehow all will be ok, but it won't. Even if we take the most optimisitc scenario of Brexit from economists such as Patrick Minford we are in for a very hard knock. Just as in war, everyone becomes an expert. In the comfort of their armchair in front of the television it is easy...