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Why 95% of Traders Fail

Polish Migrants Fear BrExit But Complain of NHS Waiting Lists, Poor Quality of Healthcare - C4 News

ElectionOracle / EU_Referendum Jun 15, 2016 - 04:09 AM GMT

By: Nadeem_Walayat

ElectionOracle

The focus of Tuesdays Channel 4 News programme was on the potential impact of a Brexit on Poland and Polish migrants in the UK. The key point of note was the degree to which Poland has benefited from membership of the European Union with countless examples of near wholly funded by EU infrastructure projects right across Poland that have literally turned desolate regions into modern landscapes populated by new airports, roads, bridges, parks and cultural attraction centres that the EU excels at funding so as to put its blue flag stamp all over the regions.


Another item that illustrated the magnitude of Polish migration to Britain is the fact that 75% of the passenger traffic from the airport mentioned (Lublin) was to Britain!

And then there was the Polish view of the NHS, which was basically to say that it was rubbish in comparison to the Polish health service due to difficulties in getting GP appointments and the long hospital waiting lists. Which would come across as highly ironic to many British viewers, as the primary reason why the NHS is in a state of crisis is due to the fact that Polish amongst other eastern european migrants have over the past decade literally uncontrollably flooded into Britain bringing the NHS, schooling and housing amongst all services to crisis levels. It is simple, dump 8.2 million people into Britain and yes it will push services such as the NHS to breaking point. Whilst Poland has seen 10 million Poles migrate westwards resulting in Poland's population falling from 50 million to 40 million, so YES as 1/5th of Poland's population has migrated westwards then there will be plenty of capacity for Poland's health service, cheap housing and easy access to school places.

Another example had a Polish worker in receipt of high UK wages now working over the internet from Poland, shown to be in the middle of building his dream home in Poland for just £60k which would buy very little in the UK. This illustrates the propaganda of migrant workers contributing more than they take as being FALSE, as migrant Polish workers are earning UK wages not to spend or invest here in the UK so as to generate economic activity, but withdrawing the capital and spending and investing it back in Poland. So Britain loses doubly, once through a well paid UK Job being taken by a migrant worker and then again due to loss of capital that acts as a continuous drain on the British economy which when everything is taken into account costs Britain an annual £75 billion! Far beyond the net £10 billion annual EU contribution towards building cultural centres, roads, bridges and airports in Poland.

The news story ends with several Poles stating that they were very worried about a Brexit outcome as that risked ending Poland's gravy train quoting the programme "When it comes to attitudes towards the EU cake, people here in Lublin are to coin a phrase are very much pro having it and pro eating it", and even risks unraveling the whole EU project, and what is true for Poland is true for the WHOLE of eastern europe! You should be able to watch Tuesdays programme on Channel 4's Youtube channel soon.

The bottom line is that EU migration is both out of control and does NOT benefit the ordinary people of Britain, only the elite who prosper from tax payer subsided low wage migrant workers (tax credits + housing benefit), on the contrary out of control EU migration IS the primary cause for the crisis in UK housing, schooling and healthcare that many Polish people smugly criticise as not being as good as the health service back in Poland!

And where the outcome of the EU Referendum is concerned then my forecast is for a LEAVE victory -

EU Referendum Forecast, REMAIN Panics on BrExit LEAVE Shock 10 Point Lead - 12th June 16

UK 2016 EU Referendum Forecast

The average of the last 6 polls has REMAIN in the lead on 51% against LEAVE on 49% (11th June). However the REMAIN lead is set against the big picture of momentum being on the side of LEAVE that appears to be ACCELERATING. For instance 3 weeks ago REMAIN were ahead on 54% to 46%, which was typical of the REMAINs lead since the start of 2016 that entered the new year on 56% against 44%.

However, if as I expect that the LEAVE campaign momentum can be maintained for the remaining 11 days then LEAVE should be able to just achieve a tight referendum victory. Therefore the sum of my year long analysis comprising well over 120 articles and over a dozen videos then my forecast conclusion is for a LEAVE victory of 51.3% to 48.7%, a winning margin of less than 2.7%.

But to achieve this victory all Brexiters need to further intensify their efforts because as things stand today (12th June) REMAIN is probably just marginally ahead with less than 1% between REMAIN and LEAVE on an estimated 50.4% REMAIN against 49.6% LEAVE, so there is still a lot of hard work to be done in these last few days do achieve a LEAVE Brexit outcome.

The following video explains the nature of Britain's Immigration crisis:

https://youtu.be/Vb4GGccCSQQ

You too can help achieve a LEAVE victory by supporting our BrExit campaign in this last push to secure Britain's future free of the emerging EU superstate.

Counting Down to Freedom - Support Our BrExit Campaign

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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