You couldn’t make it up. A political squabble between two former public schoolboys results in the UK walking away from the world’s third biggest trading bloc after China and the USA. At the same time grave economic consequences, even a recession, threaten and the break up of the UK becomes a distinct possibility.

Let’s deal with Posh Boy Cameron first. He hasn’t even had the decency to apologise for one of the biggest political blunders in history. This a Referendum that didn’t need to be held which, in reality, was Cameron’s political gambit to solve revolt on Europe in his own Tory Party.

You could say that nothing quite became Cameron as his leaving of Europe. After he and his Old Etonian cronies had spent years convincing the electorate that Europe was a bad idea he was apparently surprised that a large section of the electorate voted accordingly. And who was to blame for this fiasco - not the Posh Boy. No, according to him, it was the other European leaders who didn’t give him the deal on immigration he wanted.

He told them so at his own version of the Last Supper with the leaders of Europe. Angela Merkel and the others gave Cameron their riposte to the accusation by stiffening up their resolve on any deal on offer to the UK. The joint statement from the 27 nations remaining in Europe was toughened up by adding a significant sentence stating “access to the single market requires acceptance of all the four freedoms”.

This was a pointed reference to the principles of free movement of capital, labour, services and goods. It was code for “You want to take advantage of our trade deals from outside the club - you’ll have to accept our rules.” It could have been put more bluntly - “We wish you luck as we wave you goodbye”. Posh Boy told Europe he was a winner. History will remember him as an all-time loser.

Talk of that brings me to the other Tory snake oil salesman - the Bullingdon Bottler, Boris Johnston. He is the one who told us during his recent parade of lies that a post Referendum Leave vote would prove that Project Fear would turn out to be a gigantic hoax, that the markets would be calm and the pound wouldn’t collapse.

Well Boris the Bottler was wrong on all counts. It is he who carried out Britain’s most ‘gigantic hoax’ convincing those who listened to him that the UK could have it’s own immigration policy and still get the best deal of access to Europe’s single market. That, of course, was not his greatest sin. He saved that for the last, bowing out of the Tory Leadership race after the Gover - as the Tories so fondly call Michael Gove - stabbed Johnson in the back in a political assassination that leaves everyone’s ‘flabber’ truly ‘gasted’ by the scale of its treachery.

Boris the Bottler led his troops over the top and at the first whiff of cordite departed the field of battle. But don’t take my word for it - those of the Tory grandee Michael Heseltine, about Johnson are a razor to the Bottler’s throat - “He has created the greatest constitutional crisis in modern times…like a general who led his army to the the sound of guns and at the site of the battlefield abandoned it to the claims of his adjutant who said he wasn’t up to the job in the first place…He must live with the shame of what he has done”.

Among these shades of treachery you might ask what does all this mean for Glasgow. I attended a meeting of the Glasgow Economic Leadership board (GEL) last week and the answer given there to that question is that it is probably too early to tell but the portents are not good.

The question marks are obvious. You only need to look at the city’s colleges and universities to see the potential difficulties that are looming. There are more than 100,000 non-UK students in Scotland some 40,000 of them in Glasgow. It’s not rocket science to wonder what will become of that single economic multiplier when the EU subsidies to education and study aren’t there.

That’s talking only about colleges and universities. There are many questions of that type to be answered across the whole economy.That’s why last week I asked GEL to link with the council to produce an emergency report of what the consequences of Brexit might be. We can hope for the best but we need an assessment of what might be the worst so we can plan how to avoid it. For all this we have Cameron and Johnson to thank. Leaders of Ruth Davidson’s Party. And don’t forget it.