2016 the Year of BrExit - Exactly Why it Happened

Politics / BrExit Dec 30, 2016 - 05:11 PM GMT

Exactly why did BrExit happen in the UK?

It happened because the British Prime Minster David Cameron believed his own fantasy Westminster elite bubble reality to be true, thus in his reality there was ZERO likelihood of the British people voting to leave the European Union 9 months after having surprised the pundits by electing the Conservatives back into office. After all if the rebellious Scottish people had voted to REMAIN within the UK who had the highly vocal and organised Scottish Nationalists in charge of running the Scottish government, then how was possible that the British people, 90% of whom in the 2015 General Election voted for either a Labour, Conservative or Liberal Democrat REMAIN MP could result in a LEAVE vote outcome.

So the Tory Westminster establishment elite viewed the EU referendum as merely a parlour trick, an illusion of democracy and freedom game to play with the British people, for given the understanding of Britain’s politic elite of Labour, Conservative, Liberal Democrat and a strongly pro EU SNP in Scotland then a LEAVE outcome was clearly an impossibility. Which is why David Cameron announced in February 2016 that a referendum would be held on the 23rd of June 2016 and why EVERYONE remained blind to a LEAVE outcome right upto and for several hours after the polls closed. THEY ALL GOT IT WRONG! The mainstream media, the politicians, the bankers, the businesses, the pundits, the academics, POLLSTERS! AND the BOOKIES! All of whom assumed the same as David Cameron that a LEAVE outcome was IMPOSSIBLE!

As for exactly why it happened then SEE my top 10 most popular Brexit videos that I created and posted during the EU referendum campaign which clearly illustrate WHY the British people would vote to LEAVE the European Union as a rebellion was under way against the Westminister political elite who had lied to the British public for decades so that no matter which party won a general election, few of the promises made ever naturalised.

BrExit Why it Happened - Top 10 Videos

Where the British elite is concerned then David Cameron calling the EU Referendum (which he did not need to do) was probably the greatest blunder by a British Prime Minister since Neville Chamberlain got off that plane and waved his piece of toilet paper.

And finally, many have been congratulating Nigel Farage for winning the EU Referendum. However, all appear to have forgotten that he nearly skuppered the LEAVE vote win when he unveiled an distasteful FAKE poster in the last few days of the campaign. So NO Nigel, the people of Britain did not vote LEAVE because of you, they voted LEAVE DESPITE YOU!

Ensure you are subscribed to my youtube channel for 2017 videos.

By Nadeem Walayat

http://www.marketoracle.co.uk

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.

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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