Best of the Week
Most Popular
1.Are UK Savings Interest Rates Finally Starting to Rise? Best Cash ISA 2017 - Nadeem_Walayat
2.Inflation Tsunami - Supermarkets, Retail Sector Crisis 2017, EU Suicide and Burning Stocks - Nadeem_Walayat
3.Big Moves in the World Stock Markets - Big Bases - Rambus_Chartology
4.The Next Financial Implosion Is Not Going To Be About The Banks! - Gordon_T_Long
5.Why EU BrExit Single Market Access Hard line is European Union Committing Suicide - Nadeem_Walayat
6.Trump Ramps Up US Military Debt Spending In Preparations for China War - Nadeem_Walayat
7.Watch What Happens When Silver Price Hits $26...  - MoneyMetals
8.Stock Market Fake Risk, Fake Return? Market Crash? - 2nd Mar 17 - Axel_Merk
9.Global Inflation Surges, Central Banks Losing Control and Triggered the Wage Price Spiral? - Nadeem_Walayat
10.Why Gold Will Boom In 2017 - James Burgess
Last 7 days
Foundation – Fall Of The American Galactic Empire - 27th Mar 17
Stock Market More Correction Ahead - 27th Mar 17
US Dollar Inflection Point - 27th Mar 17
Political Week Presurres US Stock Market - 25th Mar 17
London Terror Attack Red Herring, Real Issue is Age of Reason vs Religion - 25th Mar 17
Will Washington Risk WW3 to Block an Emerging EU-Russia Superstate - 25th Mar 17
Unaccountable Military Industrial Complex Is Destroying America and the Rest Of The World Too - 25th Mar 17
Silver Mining Stock Fundamentals - 24th Mar 17
A Walk Down the Dark Road of Bad Government - 24th Mar 17
Is Stock Market Flash Crash Postponed Until Monday? - 24th Mar 17
Stock Market Bubble and Gold - 24th Mar 17
Maps Of Past Empires That Can Tell Us About The Future - 24th Mar 17
SNP Independent Scotland's Destiny With Economic Catastrophe, the English Subsidy - IndyRef2 - 24th Mar 17
Stock Market VIX Cycles Set To Explode March/April 2017 – Part II - 23rd Mar 17
Is Now a Good Time to Invest in the US Housing Market? - 23rd Mar 17
The Stock Market Is a Present-Day Version of Pavlov’s Dog - 23rd Mar 17
US Budget - There’s Almost Nothing Left To Cut - 23rd Mar 17
Stock Market Upward Reversal Or Just Quick Rebound Before Another Leg Down? - 23rd Mar 17
Trends to Look Out For as a Modern-day Landlord - 23rd Mar 17
Here’s Why Interstate Health Insurance Won’t Fix Obamacare / Trumpcare - 23rd Mar 17
China’s Biggest Limitations Determine the Future of East Asia - 23rd Mar 17
This is About So Much More Than Trump and Brexit - 23rd Mar 17
Trump Stock Market Rally Over? 20% Bear Drop By Mid Summer? - 22nd Mar 17
Trump Added $3 Trillion in Wealth to Stock Market Participants - 22nd Mar 17
What's Next for the US Dollar, Gold and Stocks? - 22nd Mar 17
MSM Bond Market Full Nonsense Mode as ‘Trump Trades’ Unwind on Schedule - 22nd Mar 17
Peak Gold – Biggest Gold Story Not Being Reported - 22nd Mar 17
Return of Sovereign France, Europe’s Changing Landscape - 22nd Mar 17
Trump Stocks Bull Market Rolling Over? You Were Warned! - 22nd Mar 17
Stock Market Charts That Scream “This Is It” - Here’s What to Do - 22nd Mar 17
Raising the Minimum Wage Is a Jobs Killing Move - 22nd Mar 17
Potential Bottoming Patterns in Gold and Silver Precious Metals Stocks Complex... - 22nd Mar 17
UK Stagflation, Soaring Inflation CPI 2.3%, RPI 3.2%, Real 4.4% - 21st Mar 17
The Demise of the Gold and Silver Bull Run is Greatly Exaggerated - 21st Mar 17
USD Decline Continues, Pull SPX Down as well? - 21st Mar 17
Trump Watershed Budget - 21st Mar 17
How do Client Acquisition Offers Affect Businesses? - 21st Mar 17
Physical Metals Demand Plus Manipulation Suits Will Break Paper Market - 20th Mar 17
Stock Market Uncertainty Following Interest Rate Increase - Will Uptrend Continue? - 20th Mar 17
Precious Metals : Who’s in Charge ? - 20th Mar 17
Stock Market Correction Continues - 20th Mar 17
Why The Status Quo Is Under Increasing Attack By 'Populist People Power' - 20th Mar 17
Why the SNP WILL Destroy Scotland, Exit UK Single Market for EU - IndyRef2 - 19th Mar 17
Crypto Craziness: Bitcoin Plunges on Fork Concerns, Steem Skyrockets and Dash Surges Above $100 - 19th Mar 17
What ‘Ice-Nine’ Means for Your Money - 19th Mar 17
Stock Market 4 Year Cycle - 18th Mar 17

Market Oracle FREE Newsletter

Elliott Wave Trading

Boris Johnson Joins LEAVE, BrExit Camp - Tory Rats Leaving Sinking REMAIN in EU Ship

ElectionOracle / EU_Referendum Feb 21, 2016 - 06:54 PM GMT

By: Nadeem_Walayat

ElectionOracle

Boris Johnson woke up today and smelled the coffee that the British public are going to ignore the propaganda of the Westminister elite and instead vote for FREEDOM from the emerging undemocratic and corrupt European Superstate, and so Boris ignored David Cameron's increasingly desperate pleading to declare himself as now being in the LEAVE camp. Which follows a handful of senior ministers who declared yesterday and probably represent the vanguard of many more Tory rats to choose to LEAVE the Tory REMAIN sinking ship, that will likely see their captain, David Cameron's premiership go down with it.


"The EU is in "real danger of getting out of proper democratic control".

On Cameron's deal - "I don't think that anybody can claim that this is fundamental reform of the EU or of Britain's relationship with the EU."

"The last thing I wanted was to go against David Cameron or the Government but after a great deal of heartache I don't think there is anything else I can do,"

"I will be advocating vote leave ... because I want a better deal for the people of this country to save them money and to take back control."

I'm only hoping that the heavy hitter Boris Johnson does not turn out to be a 'manchurian candidate' switching sides at the last minute if LEAVE have managed to overtake REMAIN by June 23rd.

The bottom line is that following 4 months of debate in the run up to the 23rd June referendum then the only logical choice for most Brit's will be to vote to LEAVE the European Union, which therefore implies that David Cameron's premiership is living on borrowed time and as I have already stated that he could even towards the end of the campaign also smell the coffee and switch to the LEAVE camp!

And remember 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 -

https://youtu.be/-oYS6X-63cU

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.

https://youtu.be/MF3QLhoxkwQ

And why there always is a price to pay for freedom -

03 Feb 2016 - David Chamberlain Cameron, Britain's Last Chance for Freedom From Emerging European Super State

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

http://www.marketoracle.co.uk

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.

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

© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Yuriy
21 Feb 16, 21:55
Leave - then what?

I still do not understand what is the point of all the noise about EU referendum?

- Benefits:why don't we reform the system and make it contribution based like in Germany

- UK is skimming the scream of EU corporate world, how is that going to continue outside the block, including euro clearing and finance?

- Uk is not part of schengen zone, and has tough border checks, yet we have very high level of immigration from Asia and Africa, who have very different cultures and bad track record of assimilation. How is EU exit going to help?

I am really not getting the point or I have missed something?

Or maybe elites, who have mismanaged the country for so long are now realising that the debt bubble has to burst, so are rushing to find an external scapegoats or enemy?


Nadeem_Walayat
22 Feb 16, 06:42
Brexit Truth

You want to know the truth? The real truth?

It is this -

The European Unions WILL FAIL, it will implode and the resulting choas will be pretty bad.

SO to best insulate Britian from what is to follow it needs to be the first one out.

Thats the real reason why.

Best

NW


despe906
23 Feb 16, 19:57
Communist plot

The real truth is that Europe is ruled by a communist mafia: Rudi Dutschke started a "long march through the institutions of power to create radical change from within government and society by becoming an integral part of the machinery" (wiki). Donald Tusk (who altogether with the communist informer and secret service collaborator Lech Walesa conducted the overthrow of the legal Polish government in 1992 to prevent its efforts of de-communization) was chased away from Poland through massive protests between 2011 and 2015, then emerged in Brussels - rescued by his communist friend Angela Merkel. Donald Tusk (most likely a German agent)and his party Civic Platform indebted and taxed Poland to the levels never seen in history.

Those European marxists, trockists and maoists want no economic growth, no competition, no borders, no nationalities, no regional cultures and no families (strong families where both parents are heterosexual). Europe is slowly becoming what they want. When the dust settles after the implosion, only the homogenic nations with traditional culture will be left standing.


Post Comment

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

Catching a Falling Financial Knife