EU Referendum - The British People vs Establishment, Bankster's and Westminister EliteElectionOracle / EU_Referendum Feb 21, 2016 - 05:20 AM GMT
David 'Chamberlain' Cameron returned from Brussels on Saturday to proudly stand outside 10 Downing Street and wave a piece of paper proclaiming 'Reforms in Our Time' to a skeptical British audience who have witnessed the farce of the past week that had seen each member state whittling down what were already pretty feeble proposals from David Cameron so as to prevent the 'contagion' of other EU member states following the same path as Britain which I likened to the EU effectively putting a gun to their head and then proceeding to pull the trigger, and so this is likely to turn out to mark the start of the end of the European Union.
However given the fiasco of the negotiations, I have to wonder if David Cameron secretly wants a BrExit but is playing a game for what would follow in Britain's negotiations with Europe? Perhaps as June 23rd draws closer and an BrExit appears inevitable, David Cameron to end of the winning side could declare himself backing the Brexit camp.
Anyway, Britain's first EU referendum in over 40 years will be held on the 23rd of June when it will be the British people who will decide Britain's relationship with the emerging centralised European Superstate. A relationship that should be built on trade and mutual interests and not one of virtually every single law that the UK parliament proposes being first checked, refined and ultimately watered down by an army of expensive lawyers as they compare against the ever expanding EU paper mountain of do's and don'ts that member states are allowed to do.
So now the battle lines have been drawn between the British people and the establishment that currently includes 550 of the 650 MP's who are virtually all in the pockets of the bankster elite. Though the LEAVE and REMAIN numbers are likely to change depending on which way the wind (opinion polls) blows as the slithering politicians slowly manoeuvre themselves towards the winning side, probably most at the last minute unless than opinion polls by 23rd of June coming in on a knife edge.
Nevertheless, as I have often voiced that THIS referendum really is Britain's LAST chance to vote for FREEDOM from an emerging european superstate as the following two recent videos illustrate why -
This video covers the key points of David Cameron's failures to negotiate anything of value that in large part amounted to nothing more than a smoke and mirrors exercise.
And why there always is a price to pay for freedom -
Britain's Last Chance to Gain Freedom from Emerging European Super State
What most pundits fail to recognise or lack experience of is trend and momentum both of which for the past 40 years have been moving in one direction that for the emergence of a highly centralised European super state that the financial crisis and subsequent economic depression of southern europe is accelerating the trend towards.
So whilst it is too late for the euro-zone members who for better or worse are locked into a death embrace that has all but nullified democracy for most of the euro-zone states as the elections in Greece, Spain and Italy have clearly demonstrated the lack for even radical governments such as Syriza to do anything other than obey their German paymasters who control the euro currency and can within a couple of weeks bring fellow euro-zone members to the brink of collapse as was repeatedly demonstrated by Greece last year.
Thus, for Britain the saving grace of not being in the euro-zone offers the UK a unique final opportunity to make the choice of either FREEDOM or become another satellite state revolving around a German centre that will increasingly dictate terms and conditions.
Therefore, given that there would probably not be another referendum for at least 20 years, then this really is Britain's VERY LAST CHANCE. There WON'T be another opportunity because with each passing year the price for a BREXIT increases, and we are not that far off from the point of no return when an exit would result in an economic collapse, much of the situation the euro-zone members have been since they signed up to scrap their currencies and join the Euro-zone.
Of course both the LEAVE and the REMAIN camps put out a lot of propaganda and spin on the others consequences. For LEAVE it's a case of everything smelling of roses in a Britain that has been freed from increasing European bureaucracy and interference, that would be in full control of Britain's borders. Whilst the REMAIN camp paints a picture of FEAR, of economic and financial catastrophe coupled with punitive terms for exit that would seek to punish Britain for daring to exit the euro-zone, so much for so-called european unity built on common purpose and friendship instead the European Union is increasingly a club of FEAR and PARALYSIS.
The Price for Freedom
The truth is that a BREXIT WILL BE ECONOMICALLY PAINFUL despite all of the benefits of being outside of the E.U. The cost of BrExit will be anywhere from 2% to as high as 5% of GDP if the euro-zone is determined to make an example of Britain to act as a warning to others by raising punitive tariffs on trade. However remember that attaining FREEDOM ALWAYS carry's a PRICE, in which respect even the worst case scenario for a 5% loss of GDP in the grand scheme of things does not compare against the infinitely greater price the people of Britain paid for their freedom in both past World Wars and so it is now THIS generations turn to pay a price for the freedom of future generations.
What the people of Britain need to fully understand is that this really is their VERY LAST CHANCE for Freedom!
Ensure you are subscribed to my always free newsletter (only requirement is an email address) for the following forthcoming analysis -
- US Interest Rates 2016
- US Dollar Trend Forecast
- Stock Market Trend Forecast 2016
- US House Prices Forecast 2016 and Beyond
- Gold and Silver Price Forecast 2016
By Nadeem Walayat
Copyright © 2005-2016 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.
Nadeem Walayat has over 25 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.
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
© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.