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Why 95% of Traders Fail

Tory Elite Risk British Civil War By Stating Intentions to IGNORE BrExit LEAVE EU Referendum Result

ElectionOracle / EU_Referendum Feb 29, 2016 - 09:17 AM GMT

By: Nadeem_Walayat

ElectionOracle

A string of senior tories have been making insidious statements declaring that a vote by the British people to LEAVE in the forthcoming EU Referendum does not necessarily mean that the Tory elite would take Britain out of the EU, instead statements have been made that it would be just used as a bargaining chip in future negotiations ahead of a SECOND referendum, and what if Britain votes to LEAVE again, will there be a third, fourth, fifth until the Tory elite get the result they want?


The Tory elite such as the former Tory Leader, Lord Howard states that LEAVE does not mean LEAVE but a renegotiation ahead of a second referendum. Other Tory elite have made similar statements, even including the LEAVE camps chief cheerleader Boris Johnson, though subsequently Boris has been busy backtracking on his statement.

The Tory elite are playing a very, very dangerous game, one of business as usual and treating the EU Referendum as a case of being just another general election-esk farce where the 'dumb' masses are taken for granted to vote for either Labour or Conservative elites. Instead the EU Referendum is the British peoples first chance of a REAL election in over 40 years! A choice between a vote for either the establishment REMAIN or against the establishment to LEAVE.

The dangers are that if the Tory elite following a LEAVE vote ignore the will of the British people then they would literally sow the seeds of a civil war, one which whilst completely unimaginable today, nevertheless as countless other nations such as Ukraine and Syria illustrate that if the elite ignore the will of the people then that tends to set in chain a series of events where over months protests turn into demonstrations turn into civil unrest that turns into violent demonstrations that turn into civil war!

Whilst REMAIN camp elite have been busy in attempting to frighten the British people into voting for the status quo with a whole barrage of FEAR statements warning of economic collapse and worse, statements ignorant of Britain's standing in the world as though they were living in Somalia rather than Great Britain.

Ian Duncan Smith talking on the BBC most aptly responded to the REMAIN fear campaign -

‘Britain is a phenomenal country, the fifth largest in the world, it has stood alone and fought for freedom, it has traded, it has been a global trader, it can yet again be a global trader, why would we have such a low opinion of the British people that we go and talk about ‘leaping into the dark’, we talk about ‘profound shocks’ we talk about it not being capable, that we’re too small.’

EU Referendum

And where the EU Referendum is concerned then my opinion remains that this is Britain's VERY LAST chance to vote for FREEDOM from an emerging european superstate as the following two recent videos illustrate why-

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

And 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!

The bottom line is that given the immigration crisis then the EU may implode even before Britain votes to LEAVE.

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.


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