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
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
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

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