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
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

REMAIN Parliament Prepares to Subvert BrExit with Peoples Vote FIXED 2nd EU Referendum

Politics / BrExit Jan 19, 2019 - 11:52 AM GMT

By: Nadeem_Walayat

Politics

This week Britain's inept Prime Minister Theresa May who stubbornly refused to do the right thing by resigning and thus further lost what little power she had left by means of two House of Common Votes, first on her EU Exit deal on which Parliament delivered a humiliating defeat on Tuesday, losing by 230 votes (432 to 202) the largest defeat of a Government in Parliamentary history which was then followed Wednesday's vote of confidence in her Government that only just managed to survive with the aid of 10 DUP MP's resulting in 325 to 306.



It should not come as much surprise that Parliament rejected May's deal which was nothing other than complete GARBAGE, one that gives the EU £39 billion for NOTHING in return! And then there is the 'backstop' or more accurately the 'backstab', a means by which to ensure that the UK can NEVER LEAVE the EU without the EU's permission!

Firstly, here's a video that charts how we got here from the triggering of Article 50 to the present crisis state, a trend trajectory that has put Britain literally on the path towards civil war as parliament subverts Brexit.

UK Parliament Subverting BrExit Puts Britain on Path to Civil War!

The So Called "Peoples Vote" Second EU Referendum

The campaign for a Peoples Vote was launched by Remainer MP's and celebs in April 2018, which include arch remoaners Chuka Umunna, Anna Soubry, Layla Moran and Caroline Lucas and a string of EU bureaucrats with many MP's jumping on board the 2nd referendum bandwagon in recent months such as the Shadow BrExit secretary Kier Starmer. So far not a single LEAVE voting MP has joined the Peoples Vote campaign which thus is clearly a REMOANER campaign aimed at preventing BrExit from ever actually happening.

Parliaments rejection of Theresa May's worthless bill has very little to do with wanting to honour the 2016 EU Referendum. Instead the 75% REMAIN Parliament see's Theresa May's deal as a HARD BrExit and thus wants to ensure a far softer BrExit. In fact BrExit in all but name by bolting on the likes of a Customs Union and Free movement of people. Towards which there is really only one mechanism that would bring this about and that is the so called "Peoples Vote", despite the fact that the 2016 EU Referendum WAS the real Peoples Vote AGAINST the Britain's ruling establishment.

The bottom line is that a 75% REMAIN Parliament has done everything it can to PREVENT BREXIT FROM EVER HAPPENING and thus an engineered 2nd EU Referendum is the most probable outcome of the current paralysis by design as a means for Britain's REMAIN establishment to ensure that REMAIN would WIN a second EU referendum through a multitude of measures and tactics such as by the way the 2nd referendum question would be worded as illustrated by the Financial Times (FT) recent video titled "BrExit: how to hold a second referendum" which more accurately should be titled "How to Fix a Second EU Referendum so that Remain Wins"

And so as I have often voiced over recent weeks that the REMAIN establishment's objective is to kick the Brexit date can down the road until a 2nd EU Referendum is held that would be FIXED to ensure that REMAIN wins. Which would require Article 50 to be extended so that the BrExit date is extended by between 6 and 12 months that the EU in recent weeks has signaled it's willingness to do so.

Whilst my consistent view since Article 50 was triggered in March 2017 is that Britain is on a trend trajectory to LEAVE the EU without an Exit Deal that Parliament is clearly seeking to prevent.

The Brexit War - Article 50 Triggered, General Election 2017 Called

Britain in a Pre-Civil War State

The remain establishment effectively destroying democracy by deliberately seeking to subvert BrExit has put Britain into a pre-civil war state, where a fixed 2nd EU referendum would ignite the march of millions of angry LEAVE voters into the arms of right and left wing extremists, the likes rump UKIP, and far worse who would promise those who voted LEAVE the message of Britain being INSTANTLY able to LEAVE the EU, which perhaps would at least trigger a split of the Tory party. Thus today's remoaners in Parliament are effectively sowing the seeds for the destruction of Parliaments authority where as many as 15 million people would no longer recognise Parliaments authority after the subversion of their 2016 vote to LEAVE the EU, where instead a blatantly FIXED second EU referendum is being engineered that would open pandora's box.

For first Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

Your Analyst

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2019 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

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 trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

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


Comments

4caster
20 Jan 19, 14:58
BRINO

Well done Nadeem! I couldn't have put it better: except for paragraph 4 sentence 3: "In fact BrExit in all but name by bolting on the likes of a Customs Union and Free movement of people." What you mean is "Brexit in Name Only", because Free Movement of People, and remaining in a Customs Union, all subject to the EU Court of Justice, is not Brexit!


Post Comment

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