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Trading Lessons

President Obama Attends David Cameron's 'Political' Funeral as Brexit Looms

ElectionOracle / EU_Referendum Apr 23, 2016 - 03:10 AM GMT

By: Nadeem_Walayat

ElectionOracle

President Obama dutifully followed David Cameron's script, heavily laden with the consequences of a Brexit and finished off with a nice sprinkling of threats, blowing away the illusion of a special relationship as Britain in trade terms at least would find itself at the back of the trade agreements queue following a Brexit vote victory, perhaps even behind North Korea!


"The U.K. is going to be in the back of the queue, I think it is fair to say that maybe some point down the line, there might be a U.K.-U.S. trade agreement but it is not going to happen any time soon."

David Cameron playing his trump card (not Donald Trump) so early in an campaign that still has a whole 2 months to run is because the REMAIN Establishment and it's vested interests are increasingly panicking as they see ordinary people express their desire for freedom from an increasingly undemocratic and unaccountable European Union as it slowly encroaches on all aspects of life in Britain towards the ultimate goal for a United States of Europe, in large part governed from Brussels by faceless bureaucrats.

The REMAIN camps desperation was self evident on David Cameron's own sweaty face for he fully understands that if Britain votes to LEAVE the EU then his days as the British Prime Minister would be numbered, in fact it is highly likely that Barack Obama would still be President when David Cameron is forced out of office. Therefore David Cameron is going to ramp up the FEAR message, playing a new Trump card virtually on a daily basis so as to attempt to frighten the British voting public into giving up their hard won freedoms in 3 wars (WW1, WW2 and Cold War) forever!

President Obama Attends David Cameron's 'Political' Funeral

Whilst Boris Johnson and IDS responded fro the LEAVE camp with -

“President Obama, and every one of his predecessors, have ferociously protected the sovereignty of the USA.

What I do find strange is that he is asking the British people to accept a situation that he patently would not recommend to the American population.” - Ian Duncan Smith

"America guards its democracy with more hysterical jealousy than any other country on earth.

"For the United States to tell us in the UK that we must surrender control of so much of our democracy, it is a breathtaking example of the principle of do as I say but not as I do.

"It is deeply anti-democratic and much as I admire the United States, and much as I respect the president, I believe he must admit that his country would not dream of embroiling itself in anything of the kind.

"It is incoherent. It is inconsistent, and yes it is downright hypocritical. The Americans would never contemplate anything like the EU, for themselves or for their neighbours in their own hemisphere. Why should they think it right for us?" - Boris Johnson

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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.

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