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5 "Tells" that the Stock Markets Are About to Reverse

BrExit - Ne Pleurex Pas, MiLord! - de Gaulle was Right EU is NOT For Britain

ElectionOracle / EU_Referendum Apr 15, 2016 - 10:38 AM GMT

By: Nadeem_Walayat

ElectionOracle

It's over 50 years on from when Britain's first attempts under Harold Mcmillion to join the then Common Market was refused TWICE by the French, the first in 1963 at a a summit in Paris where at the very last minute de Gaulle literally sang "Ne Pleurex Pas, MiLord!", leaving a tearful Harold Macmillan to fly back home in disgrace.


To compound Britians humiliation and betrayal by France not even 20 years on from when Britain saved France from permanently becoming a province of a Greater Germany. A self obsessed Charles de Gaulle still bitter at by mostly being sidelined and humoured by Britain during the second world war, made his infamous speech to ram home the message for Britain to effectively get stuffed!

"England in effect is insular, she is maritime, she is linked through her exchanges, her markets, her supply lines to the most diverse and often the most distant countries; she pursues essentially industrial and commercial activities, and only slight agricultural ones. She has in all her doings very marked and very original habits and traditions"

Rambling on ... "It is very possible that Britain’s own evolution, and the evolution of the universe, might bring the English little by little towards the Continent, whatever delays the achievement might demand, and for my part, that is what I readily believe, and that is why in my opinion, it will in any case have been a great honour for the British Prime Minister, for my friend Harold Macmillan, and for his Government, to have discerned in good time, to have had enough political courage to have proclaimed it, and to have led their country the first steps down the path which one day, perhaps will lead it to moor alongside the Continent."

And again Charles de Gaulle vetoed Britain's entry in 1967, where it was only AFTER de Gaulle's death that Britain was finally let into the club in 1973, by which time it was too late, the damage had been done as the machinery for the trend towards monetary and political union had been firmly put into place and thus the British electorate were lied to in 1975 that they had joined a Common Market, when the truth at the time and even more so today is that the primary purpose for the existence of the European Union is to march towards FULL Political Union, a Federal Europe not too dissimilar to that of the United States.

Perhaps the people of Britain in 1975 should have paid greater attention to what de Gaulle had stated a decade earlier, for when's all said and done, whilst Britain's political elite are happy to give up sovereignty to a Federal Europe in exchange for cushy jobs on Brussels payroll. However, the people of Britain never wanted to then nor now to be part of a federal europe, and so now have this one final chance to extricate them from a trend towards political union which effectively means coming under German economic and political rule, that which Britain had fought two costly wars to prevent.

For more on why this is Britain's very last chance for Freedom see -

https://youtu.be/MF3QLhoxkwQ

Also see my facts check of the Conservative Governments propaganda leaflet.

https://youtu.be/_AaU3ZgRkeU

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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

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Yuriy
17 Apr 16, 15:46
Brexit then scotexit?

there is some clear signs of separation virus rampaging through United Kingdom.

Yet another sign of things to come if british people to open Brexit pandora box - Scots and then shortly Welsh might run to the continent.

What a charade!


Nadeem_Walayat
18 Apr 16, 07:52
UK Brexit Cost

The UK subsidises the Scots and Welsh to the tune of about £14 billion a year.

Whilst at the same time England subsidises the EU to the tune of about £10 billion a year.

The cost of a ScotExit would be high for England but catastrophic for Scotland.

Whilst the cost of BrExit would be between 2% and 5% of GDP.


Yuriy
19 Apr 16, 09:23
Ireland exit - fine

If we to agree with your statement for 14bn Scottish subsidy, despite its substantial energy reserves, Ireland should have been bankrupt many times over since its exit because Ireland was inherently poorer than Scotland.

However, what we have witnessed is quite the opposite for irish. Therefore this plays against your opinion about Scotland.


Nadeem_Walayat
20 Apr 16, 07:14
Ireland ?

Ireland went through over 50 years of turmoil to get to its current state, including having to be bailed out by Britain barely 8 years ago !

The fundemental issue your forgetting is that the euro-zone is UNSUSTAINABLE, and when it collapses so will the European Union, so it is better for Britain to EXIT now theen reap the whirlwind...


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