Best of the Week
Most Popular
1.Trump Delirium Triggers Stock Market Brexit Upwards Crash Towards Dow 20,000! - Nadeem_Walayat
2.The Future Price Of Gold Will Drop Below $1000 In 2017 -InvestingHaven
3.May Never Get Another Opportunity to Buy Gold at this Level Again - Chris_Vermeulen
4.Delirium - The Real Reason Why Donald Trump Won the US Presidential Election - Nadeem_Walayat
5.Why Nate Silver / Fivethirtyeight is one of the Most Reliable Election Forecasting Indicator? - Nadeem_Walayat
6.Gold Price Forecast: Nasty Naughty November Gold Price Trend - I_M_Vronsky
7.Gold Mining Stocks Screaming Buy! Q3’16 Fundamentals - Zeal_LLC
8.Delirium of Trump Mania Win's Mr BrExit US Presidential Election 2016 - Nadeem_Walayat
9.The War On Cash Goes Nuclear In India, Australia and Across The World - Jeff_Berwick
10.Hidden Signs for Gold and Silver - P_Radomski_CFA
Last 7 days
Gold and Silver Bullion Buying Opportunity for 2017? - 4th Dec 16
First UK BrExit then Trump, Next BrExit Tsunami Wave to Hit Italy HARD Sunday! - 3rd Dec 16
The 10YR Yield and SPX Stocks Bull Markets - 3rd Dec 16
Gold And Silver – Do Not Expect Much Difference With Trump Compared To Obama - 3rd Dec 16
Gold, Currencies and Markets Critical 61.8% Retracements - 2nd Dec 16
Gold Junior Stocks Q3’16 Fundamentals - 2nd Dec 16
Adventures in Castro’s Cuba - 2nd Dec 16
We Are Putting Off the Inevitable - 2nd Dec 16
Macroeconomic Cycles & Demographics - A Fuse, An Explosive and The Igniting Catalyst - 2nd Dec 16
How Moving Averages Can Identify a Trade - 1st Dec 16
Silver Prices and Interest Rates - 1st Dec 16
America, is it Finally time for us to say Goodbye? - 1st Dec 16
Blockchain Technology – What Is It and How Will It Change Your Life? - 1st Dec 16
Burn the Flags, Can Trump Salvage The Sinking US Economic Ship? - 1st Dec 16
Will US Housing Real Estate Market Tank in 2017? - 1st Dec 16
Referendum Puts Italy's Government to the Test - 30th Nov 16
Why We Haven’t Seen Gold Price Rally after Trump Victory - 30th Nov 16
Breakdown and Slide in Crude Oil Price - 30th Nov 16
A 'Wicked Rally' in Gold Price Predicted - 30th Nov 16
Silver Market Sentiment Looks Golden - 30th Nov 16
Indian Demonetization Denotes Severe Stress in the Global Gold Market - 30th Nov 16
Owning Gold and Silver in Troubling Times - 29th Nov 16
Trump's Presidency - Stock Market Crash or Start of New Mega-Trends - 29th Nov 16
Prime Minister Modi's War Against Corruption, Black Money and Fake Currency Notes in India - 29th Nov 16
Can President Trump Really Drain the Swamp? - 29th Nov 16
President Trump’s Economic Plan Isn’t Going to Work - 29th Nov 16
The US Bond Bear Market Has Begun! - 29th Nov 16
Simple Yet Powerful Technical Trading Tools - 28th Nov 16
Public Infrastructure – Welcome to the World of Waste, Fraud, and Abuse - 28th Nov 16
Fifty Years Later, Moore's Computing Law Holds - 28th Nov 16
An Elusive Stock Market Top - 28th Nov 16
This Past Week in Gold - 27th Nov 16
Italian Bank Collapse European Sovereign Bond Carnage, Criss-Crossed Fuses & Lit Bonfire - 27th Nov 16
How to Beat UK Savings Crisis with Child Junior Cash ISA, Pension's and Life-time ISA - 27th Nov 16
Castro Was Not Who You Thought He Was - 27th Nov 16
Understanding the Trump Presidency , Beyond Merkel - 26th Nov 16
US Stocks Bull Market New All Time Highs - 26th Nov 16
Silver Mining Stocks Q3 2016 Fundamentals - 26th Nov 16
MSM's Stock Market Druck'n Suck-In Continues - 26th Nov 16
Gold Price Down 13.5% In 13 Days - Opportunity For Geometric Price Cost Averaging - 26th Nov 16
Tips for Trading Options with Elliott Waves - 26th Nov 16
Germany Pulls the Plug on Market Oracle site for 24 hours, German Election BrExit GerExit Warning Shot? - 26th Nov 16
New NS&I 2.2% Savings Bond Ahead of 2017 Stealth Inflation Theft of Purchasing Power - 24th Nov 16
Establishment Controlled Mainstream Media Launches War on Alternative 'Fake' News - 24th Nov 16
Black Friday Cheap Christmas Lights, How Long do they Last ? B&M Stores Review Video - 24th Nov 16
War On Cash Goes Global – India and Citibank In Australia - 24th Nov 16
Stocks, the Politically-Driven S.O.D. to Lose Again - 24th Nov 16
One of the best buying opportunities in history? - 24th Nov 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

$10000 Gold

EU Surrenders to Turkey Blackmail of Migrants War for Cash and Access for 80 million Turks

ElectionOracle / Migrants War Mar 08, 2016 - 02:30 PM GMT

By: Nadeem_Walayat

ElectionOracle

The Turkish totalitarian regime headed by their very own version of Czar Putin, Erdoğan, who the people of Turkey affectionately refer to as Golam, have finally succeeded in their year long building blackmail of the European Union as Turkey successfully wages an ever worsening migrant war against the EU, a EU that lacks a firm centre to make tough decisions which regimes such as Turkey can quite easily bend in their favour.


And so today it looks like that a gullible clueless bureaucratic EU has succumbed to virtually every Turkish blackmail demand that to avoid a further doubling in the Migrants War flows into the EU via Turkey that currently stands at TEN times that of a year ago, will now be forced to pay a demanded Euro 6 billion, doubling form the amount demanded just a few weeks ago of which approx Euro 700 million will be extorted form the UK. All of which is under the guise of helping the migrants despite all of the cash rather than going to the migrant camps instead will go to the Turkish regime, 90% of which is likely to be siphoned off by the Turkish Elite.

Turkey Profiting from Refugees

Turkey's front men and women can be seen pumping out propaganda a across the gullible broadcast media, one of hosting 2 million refugees whilst conveniently ignoring the fact that Turkey is PROFITING from the migrants, all the way from the Turkish government siphoning off state donations meant for the refugee camps to the hundreds of small enterprises producing and selling FAKE life jackets, to charging refugees RENT, for crowded accommodations. And not forgetting the Turkish people smugglers who are generating over euro 2 billion per annum in fees charged for smuggling migrants into Greece.

So as the most recent news illustrates, do not be under any illusion about the game Turkey is playing both in terms of profiting from the refugees and then using them to blackmail Europe into attaining billions more and visa free access for 80 million turks.

Turkey Migration Apocalypse Starting 2016

Turkey is demanding that literally within days of Britians EU Referendum vote in June that ALL 80 million turks should be allowed visa free movement of travel to the EU in exchange for better control of the 1 million or so of economic migrants that are expected to head for the EU via Turkey this year. EIGHTY MILLION allowed free movement to travel which WILL BE for WORK within the EU that would amount to a migrant apocalypse that will make today's crisis look like a picnic! As for instance in Britain 4 million poles would soon to be supplemented by at least 1 million Turks!

This will be disastrous for the British people as wages and quality of life will be further DRIVEN towards third world levels of the likes of Greece, that itself has flooded Britain with at least 250,000 economic migrants.

Turkey Migration Route

What the baldrick's at the EU have failed to comprehend is the fact that following visa free access for 80 million Turks that a new industry will soon spring up in Turkey of Turkish officials profiting from selling false Turkish ID documents to the migrant refugees just as today they sell fake life jackets. Therefore ironically today's EU agreement with Turkey rather than reducing the migrant flows, will instead effectively open the gates of hell as virtually EVERY migrant will then be able to enter the EU with false Turkish documents.

Therefore Turkey along with Czar Putin's Russia are using migrants as a weapon of war against an inept european union, where one seeks to extort whilst the the other seeks to destroy.

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 that is hell bent on self destruction as the following 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

Also see this timely "London Has Fallen" version:

https://youtu.be/828B3M-E3TE

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.


Comments

Yuriy
10 Mar 16, 08:04
do they tell us a real reason of referendum

I am more and more now sceptical about the whole referendum political show.

What are the real problems in the UK?

Immigrants that do not integrate

broken benefits system

NHS

out of control banking and housing

How is that going to be fixed by EU exit?

What can be done to fix it whilst still in the EU?

There are must other reasons that elits have in mind.


Nadeem_Walayat
10 Mar 16, 13:57
It's about FREEDOM

It's like you saying you don't know why Poland wanted independence from the Soviet Union.

It is not just where the EU is today but where it will be in 20, 40 years time.


Post Comment

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

Catching a Falling Financial Knife