Best of the Week
Most Popular
1. 2019 From A Fourth Turning Perspective - James_Quinn
2.Beware the Young Stocks Bear Market! - Zeal_LLC
3.Safe Havens are Surging. What this Means for Stocks 2019 - Troy_Bombardia
4.Most Popular Financial Markets Analysis of 2018 - Trump and BrExit Chaos Dominate - Nadeem_Walayat
5.January 2019 Financial Markets Analysis and Forecasts - Nadeem_Walayat
6.Silver Price Trend Analysis 2019 - Nadeem_Walayat
7.Why 90% of Traders Lose - Nadeem_Walayat
8.What to do With Your Money in a Stocks Bear Market - Stephen_McBride
9.Stock Market What to Expect in the First 3~5 Months of 2019 - Chris_Vermeulen
10.China, Global Economy has Tipped over: The Surging Dollar and the Rallying Yen - FXCOT
Last 7 days
Forex Trading Management: The Importance of Being Prepared - 19th Feb 19
Gold Stocks are Following This Historical Template - 19th Feb 19
Here’s Why The Left’s New Economic Policies Are Just Stupid - 19th Feb 19
Should We Declare Emergency for Gold? - 19th Feb 19
Why Stock Traders Must Stay Optimistically Cautious Going Forward - 19th Feb 19
The Corporate Debt Bubble Is Strikingly Similar to the Subprime Mortgage Bubble - 18th Feb 19
Stacking The Next QE On Top Of A $4 Trillion Fed Floor - 18th Feb 19
Get ready for the Stock Market Breakout Pattern Setup II - 18th Feb 19
It's Blue Skies For The Stock Market As Far As The Eye Can See - 18th Feb 19
Stock Market Correction is Due - 18th Feb 19
Iran's Death Spiral -- 40 Years And Counting - 17 Feb 19
Venezuela's Opposition Is Playing With Fire - 17 Feb 19
Fed Chairman Deceives; Precious Metals Mine Supply Threatened - 17 Feb 19
After 8 Terrific Weeks for Stocks, What’s Next? - 16th Feb 19
My Favorite Real Estate Strategies: Rent to Live, Buy to Rent - 16th Feb 19
Schumer & Sanders Want One Thing: Your Money - 16th Feb 19
What Could Happen When the Stock Markets Correct Next - 16th Feb 19
Bitcoin Your Best Opportunity Outside of Stocks - 16th Feb 19
Olympus TG-5 Tough Camera Under SEA Water Test - 16th Feb 19
"Mi Amigo" Sheffield Bomber Crash Memorial Site Fly-past on 22nd February 2019 VR360 - 16th Feb 19
Plunging Inventories have Zinc Bulls Ready to Run - 15th Feb 19
Gold Stocks Mega Mergers Are Bad for Shareholders - 15th Feb 19
Retail Sales Crash! It’s 2008 All Over Again for Stock Market and Economy! - 15th Feb 19
Is Gold Market 2019 Like 2016? - 15th Feb 19
Virgin Media's Increasingly Unreliable Broadband Service - 15th Feb 19
2019 Starting to Shine But is it a Long Con for Stock Investors? - 15th Feb 19
Gold is on the Verge of a Bull-run and Here's Why - 15th Feb 19
Will Stock Market 2019 be like 1999? - 14th Feb 19
3 Charts That Scream “Don’t Buy Stocks” - 14th Feb 19
Capitalism Isn’t Bad, It’s Just Broken - 14th Feb 19
How To Find High-Yield Dividend Stocks That Are Safe - 14th Feb 19
Strategy Session - How This Stocks Bear Market Fits in With Markets of the Past - 14th Feb 19
Marijuana Stocks Ready for Another Massive Rally? - 14th Feb 19
Wage Day Advance And Why There is No Shame About It - 14th Feb 19
Will 2019 be the Year of the Big Breakout for Gold? - 13th Feb 19
Earth Overshoot Day Illustrates We are the Lemmings - 13th Feb 19
A Stock Market Rally With No Pullbacks. What’s Next for Stocks - 13th Feb 19
Where Is Gold’s Rally in Response to USD Weakness? - 13th Feb 19

Market Oracle FREE Newsletter

The Real Secret for Successful Trading

2016 the Year of BrExit - Exactly Why it Happened

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

By: Nadeem_Walayat

Politics

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

UK BrExit EU Referendum - Britain's LAST Chance to LEAVE European Superstate (4.x)BrExit EU Referendum - Britain Set to Break FREE of European Union Superstate

BrExit the Movie- EU Referendum June 23rd and Trump November 2016 Forecasts and Beyond

UK Government Debt and Borrowing Propaganda Continues - Budget 2016 (3.x)

BrExit Morning - June 24th 2016, a New Dawn, New Life for Britain Outside EU

EU Referendum BreExit Win as British People Battle Against Establishment Elite, Bankers

UK Immigration Crisis Explained, Migrant Flows 1970 to 2015, EU Referendum

BrExit Heads for Forecast EU Referendum Win , Final Opinion Polls Also Give LEAVE Lead Over REMAIN

BBC EU Referendum Result 10pm to 6am Highlights - YouGov, Markets, Bookmakers ALL WRONG!

FTSE and Sterling Brexit Trading, Deconstruction of the EU Referendum Result

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

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

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

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

6 Critical Money Making Rules