Cui Bono? Who Gains? Red Alert: 5 Reasons WHY UK PM Cameron May Resign + 5 KEY Concerns + 5 KISS* Conclusions #PanamaPapers

"Cui Bono?" in Latin literally means "To Whose Profit?" or simply put "Who stands to gain?" Let us not forget that when George Soros managed to eject the British Pound out of the European Exchange Rate Mechanism (ERM) in 1992 he made a cool one billion dollars by breaking the back of the Bank of England.  

Upon examining the list of funders behind the #PanamaPapers  the name Open Society Foundation belonging to George Soros appears yet again.  Is he, amongst other hedge funds and shadow finance organisations, seeking to cause a Brexit -- by getting rid of the pro-European UK prime minister Cameron -- so that as Britain ejects out of the EU on 23 June and the pound falls, he and others may make billions of dollars on the trade opportunity by betting against the pound in advance?

Is #PanamaPapers an anti-UK, anti-British-Pound and anti-UK-crown-territories project with the twin objective of weakening Russia, China and India to the benefit of US-centric bankers, financiers and hedge-fund managers?

Twitter Revolution?

1. Who would have 'thunk' it one week ago?  Day after day, for five consecutive days, there have been updated statements from 10 Downing Street in regard to the #PanamaPapers leak -- incriminating the late father of the UK Prime Minister David Cameron -- and Cameron's perceived prevarication and lack of upfront transparency on the matter of the offshore fund appears to have started a nuclear chain reaction on Twitter with #CurseDavidCameron trending at 3rd rank on the night of 7 April. 

2. Whilst the UK press and journalists have been careful to complacent and from measured to methodical in deconstructing Cameron's position on the #PanamaPapers to get to the truth, once the bombshell revelation came on 7 April there has been no stopping the Twitter revolution with hashtags #CurseDavidCameron and #ResignCameron that are so British in their black humour that there is no real need to check the passport or IP address to confirm their origin or nationality.

3. The incensed logic of some of the Tweets is as follows: the present UK regime spearheaded by Messrs Cameron and Osborne is committed to austerity on the surface.  However, spending cuts would appear to be a choice not a necessity for the Downing Street dwellers especially when it comes to wasting nine million pounds on leaflets urging Britons to remain part of Europe. Some of those who are protesting on Twitter suggest that if the government bothered to make rich people pay tax and held them fully accountable in regard to their offshore funds, trusts and vehicles, perhaps we could afford to look after everyone in Britain?

4. Edward Snowden -- the whistleblower who leaked classified information from the American National Security Agency (NSA) in 2013 without prior authorisation -- with 1.99 million Twitter followers -- called on the people in the United Kingdom to rise up and demand the resignation of Prime Minister David Cameron in the fallout of the Panama Papers via a planned protest.

5. After finally admitting he did have a stake in his father's offshore fund, various British newspapers suggest in their 8 April editions that Cameron needs to resign -- and quickly! Why? This time the hypocrisy has gone too far according to those newspapers.  Their front pages hint at why Britons chose #ResignCameron hashtag for Saturday's coming protest.

Key Concerns:  

1. The United Kingdom is holding a referendum in regard to its membership of the European Union on 23 June.  

2. The ruling Conservative "Tory" party is splintered between David Cameron and Boris Johnson (Bojo), the mayor of London, with opposing views on Britain's exit from the EU labelled "Brexit".  Note how the Tory party grandees are not rallying behind Cameron at this critical hour.  This is a sign that power may be ebbing away from Cameron.  

3. If the UK PM were to resign, who would take his place, given that chancellor George (Gideon) Osborne's credibility has been damaged post the U-turns in the recent budget and it would be premature for a pro-Brexit leader such as Johnson to be installed in Downing Street?  There may be an interim leader selected by the Tories other than Bojo or Gideon? Such as Theresa May, the Home Secretary, or Philip Hammond, the Foreign Secretary, or  put another secretary of state's name?

4. If the Tories remain undecided or their choice proves to be unpopular with the people of the country, and more importantly the parliamentarians across the spectrum, there may well be a vote of no confidence put forward by the opposition.  If this were to succeed it would spark a general election.

5.  What would happen to the UK referendum in regard to membership of the EU on 23 June under different circumstances and scenarios?  Difficult to predict because there are too many variables.  Faster your seat belts, we are about to embark on a roller-coaster if Cameron grants the wishes of the Twitter-Revolutionaries. 

KISS* Conclusions

1.  It is plausible that Cameron may have done nothing wrong, and yet the team handling crisis management at 10 Downing Street has created a case study of how not to do it?

2. What happens when tax avoidance and tax evasion get a tad muddled? One is perfectly legal and the other is not! What seems to matter here more than that is the people's view?

3.  Is UK's Prime Minister about to follow in the footsteps of Iceland's PM in the wake of the #PanamaPapers Leak?

4. The more challenging issue is what happens to the UK's Remain-in-EU campaign if the PM remains in situ.  Then the referendum on 23 June creates a protest vote situation against the incumbent prime minister rather than what it ought to be, ie, a rational decision point in regard to "Brexit", ie, leaving the EU or staying in?

5. Even if Cameron steps down, this is not going to mean that there is a smooth journey ahead and the number of obstacles may increase in dealing with the fallout of that "Black Swan" event.  The only winners may be opportunistic currency traders who may have bet against the potential down-swing of sterling. 

[ENDS]

What are your thoughts, observations and views?

*KISS = Keep It Simple Stupid!