Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
US Housing Market Analysis - Immigration Drives House Prices Higher - 30th Sep 24
Stock Market October Correction - 30th Sep 24
The Folly of Tariffs and Trade Wars - 30th Sep 24
Gold: 5 principles to help you stay ahead of price turns - 30th Sep 24
The Everything Rally will Spark multi year Bull Market - 30th Sep 24
US FIXED MORTGAGES LIMITING SUPPLY - 23rd Sep 24
US Housing Market Free Equity - 23rd Sep 24
US Rate Cut FOMO In Stock Market Correction Window - 22nd Sep 24
US State Demographics - 22nd Sep 24
Gold and Silver Shine as the Fed Cuts Rates: What’s Next? - 22nd Sep 24
Stock Market Sentiment Speaks:Nothing Can Topple This Market - 22nd Sep 24
US Population Growth Rate - 17th Sep 24
Are Stocks Overheating? - 17th Sep 24
Sentiment Speaks: Silver Is At A Major Turning Point - 17th Sep 24
If The Stock Market Turn Quickly, How Bad Can Things Get? - 17th Sep 24
IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24
Global Debt Bubble - 12th Sep 24
Gold’s Outlook CPI Data - 12th Sep 24
RECESSION When Yield Curve Uninverts - 8th Sep 24
Sentiment Speaks: Silver Is Set Up To Shine - 8th Sep 24
Precious Metals Shine in August: Gold and Silver Surge Ahead - 8th Sep 24
Gold’s Demand Comeback - 8th Sep 24
Gold’s Quick Reversal and Copper’s Major Indications - 8th Sep 24
GLOBAL WARMING Housing Market Consequences Right Now - 6th Sep 24
Crude Oil’s Sign for Gold Investors - 6th Sep 24
Stocks Face Uncertainty Following Sell-Off- 6th Sep 24
GOLD WILL CONTINUE TO OUTPERFORM MINING SHARES - 6th Sep 24
AI Stocks Portfolio and Bitcoin September 2024 - 3rd Sep 24
2024 = 1984 - AI Equals Loss of Agency - 30th Aug 24
UBI - Universal Billionaire Income - 30th Aug 24
US COUNTING DOWN TO CRISIS, CATASTROPHE AND COLLAPSE - 30th Aug 24
GBP/USD Uptrend: What’s Next for the Pair? - 30th Aug 24
The Post-2020 History of the 10-2 US Treasury Yield Curve - 30th Aug 24
Stocks Likely to Extend Consolidation: Topping Pattern Forming? - 30th Aug 24
Why Stock-Market Success Is Usually Only Temporary - 30th Aug 24
The Consequences of AI - 24th Aug 24
Can Greedy Politicians Really Stop Price Inflation With a "Price Gouging" Ban? - 24th Aug 24
Why Alien Intelligence Cannot Predict the Future - 23rd Aug 24
Stock Market Surefire Way to Go Broke - 23rd Aug 24
RIP Google Search - 23rd Aug 24
What happened to the Fed’s Gold? - 23rd Aug 24
US Dollar Reserves Have Dropped By 14 Percent Since 2002 - 23rd Aug 24
Will Electric Vehicles Be the Killer App for Silver? - 23rd Aug 24
EUR/USD Update: Strong Uptrend and Key Levels to Watch - 23rd Aug 24
Gold Mid-Tier Mining Stocks Fundamentals - 23rd Aug 24
My GCSE Exam Results Day Shock! 2024 - 23rd Aug 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Brexit Defiance of the EU

ElectionOracle / EU_Referendum Mar 23, 2016 - 11:41 AM GMT

By: BATR

ElectionOracle

The UK media is out in force to scare Brits from voting to leave the European Union. Thursday June 23: Date of the in/out referendum is set for the vote. Just the notion that an actual plebiscite will take place on such an important issue, is encouraging. Proponents of exiting the EU are natural allies in the struggle to promote national populism. The long and distinguished history of England has an opportunity to show the world that the voice of the people can register a resounding repudiation against the technocrats of an unelected European Union.


So it is refreshing to hear from a ‘City of London” bank remarks that run contrary to the official pleas to stay within the EU. Britain could BENEFIT by leaving the EU, says Barclays: Bank believes worst effects of a Brexit would be felt in Europe is a rare statement of what is best for England.

“The report by Barclays experts added that Britain could become a safe haven from a disintegrating Europe, giving investors shelter from problems with the euro.

‘If politics in the EU turned for the worse, the UK may be seen as a safe haven from those risks,’ it said. But the bank also warned that if the referendum favours exit, it could lead to the collapse of the EU itself.

Analyst Philippe Gudin said: ‘The referendum is generally seen as a UK issue when it is better seen as a European issue.’

He warned that the political and institutional aftershocks of a ‘leave’ vote were far greater than the economic fears.

Mr Gudin added that if Britain voted to quit, it would encourage other EU member states to think about leaving amid the migration crisis.”

Even the “Queen has no interest in her country remaining in the defunct, corrupt, and completely inept European Union.” But before rejoicing that common sense has returned to the British Isles, the warning from the Banksters flagship publication, The Economist A background guide to “Brexit” from the European Union wants you to believe that all other options are negative.

“Broadly, there are five models to choose from. The first is to join the European Economic Area, a solution adopted by all but one of the EFTA states that did not join the EU. But the EEA now consists of just one small country, Norway, and two tiddlers, Iceland and Liechtenstein. The second option is to try to emulate Switzerland, the remaining EFTA country. It is not in the EEA but instead has a string of over 20 major and 100 minor bilateral agreements with the EU. The third is to seek to establish a customs union with the EU, as Turkey has done, or at least to strike a deep and comprehensive free-trade agreement. The fourth is simply to rely on normal World Trade Organisation (WTO) rules for access to the EU market. The fifth, preferred by most Eurosceptics, is to negotiate a special deal for Britain alone that retains free trade with the EU but avoids the disadvantages of the other models, but it would be extremely hard or even impossible to negotiate this in an atmosphere, post-Brexit, that would hardly be a warm one.”

In their normal and innumerable way, the Economists are playing the same game as they did on countering the nationalistic sentiment during the Scottish independence referendum in 2014. The class society that is Britain has the upper crust ready to condemn an exit vote. House of Lords warned EU will punish UK if it votes for Brexit is another expected insulting notice.

Stop for a minute and ponder such a warning. The Lords of the Crown are saying that they prefer their privilege within the EU super elites, and fear that ordinary Brits might take measures to liberate themselves from the bureaucratic regulatory dictates of unelected continental overseers.

Any protracted doubts should be dispelled when the granddaddy of central banks chimes in. Bank of England Intentionally Strangles UK Economy to Discourage Brexit moves to applied economic coercion prior to the upcoming vote.

“When Bank of England Governor Mark Carney claimed in recent testimony that Brexit could severely harm the British economy, anti-EU legislators called his remarks “unacceptable” and asked for his resignation.

But “Project Fear,” as anti-Brexit forces call it, remains ongoing.

·         Prime Minister David Cameron recently released a video warning that a pro-Brexit vote would have a negative impact on markets and real estate values.

·         A pro-Brexit vote would collapse the value of the pound by 14-20 percent, according to Goldman Sachs economists.

·         Morgan Stanley has suggested that British stocks could lose up to 20 percent of their value with an EU exit.

·         Financial firms like HSBC have suggested that jobs could move out of the City to countries like France if Britain takes its leave from the EU.”

Political pressure from the other side of the pond from Obama’s Plan To Visit London To Lobby Against Brexit Infuriates British Lawmakers has MP’s asking, ““Why should President Obama tell the U.K. whether we should be part of a European superstate or a sovereign nation?”

Nervous panic among the transnational elites is evident whenever their private economic playground is threatened. Brexit represents a tremendous prospect to start the necessary and inevitable breakup of the European Union.

The total breakdown of the EU from the mass migration into their territory is undisputed proof that a superstate is unrealistic. Countries need to reclaim their own unique identity and cultures. Economic trade will naturally flow between and among nations when each benefit from the transactions.

Under the present EU system, the technocratic regimentation is starving the native populations. Advancing, the Brexit referendum, especially during a time of great political turmoil increases the prospects that Brits will want to exit the failed multicultural experiment. Prosperity is within reach with the separation from Brussels. The Bank of England has never demonstrated any concern for the populace interest. Send a message to the City of London that the Union Jack needs to fly over the UK and be hauled down from the Berlaymont building.

Source: http://www.batr.org/corporatocracy/032316.html

Discuss or comment about this essay on the BATR Forum

http://www.batr.org

"Many seek to become a Syndicated Columnist, while the few strive to be a Vindicated Publisher"

© 2016 Copyright BATR - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors

BATR Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in