Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
Reverse REPO Market Brewing Financial Crisis Black Swan Danger - 29th Jul 21
Next Time You See "4 Times as Many Stock Market Bulls as There Are Bears," Remember This - 29th Jul 21
USDX: More Sideways Trading Ahead? - 29th Jul 21
WEALTH INEQUALITY WASN'T BY HAPPENSTANCE! - 29th Jul 21
Waiting On Silver - 29th Jul 21
Showdown: Paper vs. Physical Markets - 29th Jul 21
New set of Priorities needed for Unstoppable Global Warming - 29th Jul 21
The US Dollar is the Driver of the Gold & Silver Sectors - 28th Jul 21
Fed: Murderer of Markets and the Middle Class - 28th Jul 21
Gold And Silver – Which Will Have An Explosive Price Rally And Which Will Have A Sustained One? - 28th Jul 21
I Guess The Stock Market Does Not Fear Covid - So Should You? - 28th Jul 21
Eight Do’s and Don’ts For Options Traders - 28th Jul 21
Chasing Value in Unloved by Markets Small Cap Biotech Stocks for the Long-run - 27th Jul 21
Inflation Pressures Persist Despite Biden Propaganda - 27th Jul 21
Gold Investors Wavering - 27th Jul 21
Bogdance - How Binance Scams Futures Traders With Fake Bitcoin Prices to Run Limits and Margin Calls - 27th Jul 21
SPX Going for the Major Stock Market Top? - 27th Jul 21
What Is HND and How It Will Help Your Career Growth? - 27th Jul 21
5 Mobile Apps Day Traders Should Know About - 27th Jul 21
Global Stock Market Investing: Here's the Message of Consumer "Overconfidence" - 25th Jul 21
Gold’s Behavior in Various Parallel Inflation Universes - 25th Jul 21
Indian Delta Variant INFECTED! How infectious, Deadly, Do Vaccines Work? Avoid the PCR Test? - 25th Jul 21
Bitcoin Stock to Flow Model to Infinity and Beyond Price Forecasts - 25th Jul 21
Bitcoin Black Swan - GOOGLE! - 24th Jul 21
Stock Market Stalling Signs? Taking a Look Under the Hood of US Equities - 24th Jul 21
Biden’s Dangerous Inflation Denials - 24th Jul 21
How does CFD trading work - 24th Jul 21
Junior Gold Miners: New Yearly Lows! Will We See a Further Drop? - 23rd Jul 21
Best Forex Strategy for Consistent Profits - 23rd Jul 21
Popular Forex Brokers That You Might Want to Check Out - 22nd Jul 21
Bitcoin Black Swan - Will Crypto Currencies Get Banned? - 22nd Jul 21
Bitcoin Price Enters Stage #4 Excess Phase Peak Breakdown – Where To Next? - 22nd Jul 21
Powell Gave Congress Dovish Signs. Will It Help Gold Price? - 22nd Jul 21
What’s Next For Gold Is Always About The US Dollar - 22nd Jul 21
URGENT! ALL Windows 10 Users Must Do this NOW! Windows Image Backup Before it is Too Late! - 22nd Jul 21
Bitcoin Price CRASH, How to SELL BTC at $40k! Real Analysis vs Shill Coin Pumper's and Clueless Newbs - 21st Jul 21
Emotional Stock Traders React To Recent Market Rotation – Are You Ready For What’s Next? - 21st Jul 21
Killing Driveway Weeds FAST with a Pressure Washer - 8 months Later - Did it work?- Block Paving Weeds - 21st Jul 21
Post-Covid Stimulus Payouts & The US Fed Push Global Investors Deeper Into US Value Bubble - 21st Jul 21
What is Social Trading - 21st Jul 21
Would Transparency Help Crypto? - 21st Jul 21
AI Predicts US Tech Stocks Price Valuations Three Years Ahead (ASVF) - 20th Jul 21
Gold Asks: Has Inflation Already Peaked? - 20th Jul 21
FREE PASS to Analysis and Trend forecasts of 50+ Global Markets by Elliott Wave International - 20th Jul 21
Nissan to Create 1000s of jobs with electric vehicle investment in UK - 20th Jul 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

SNP Offers Labour Deadly Death Embrace Alliance, Holding England to Ransom, Destroy UK From Within

ElectionOracle / UK General Election Apr 06, 2015 - 12:35 PM GMT

By: Nadeem_Walayat

ElectionOracle

The SNP having failed at the ballot box now seek to breakup the United Kingdom by going back on their earlier pledge of barely a few weeks ago of not doing a formal deal with a minority Labour government, who instead now are seeking to enter into a deadly death embrace (alliance) with Labour so as to subvert democracy by preventing the probable largest party from forming a government. All as a means to an end of literally bankrupting the UK over the next few years through out of control spending and borrowing to perhaps at least double the current £9 billion annual subsidy from England as well as lumbering the England with at least £130billion of Scottish debt, before the holyrood fanatics finally declare Scotland Independant that I have warned the consequences of for well over a year that would literally sow the seeds for the Balkanisation of Britain (04 Sep 2014 - Scottish Independence Opens Pandora's Box of Disintegration, Balkanisation of Britain ).


Nicola Sturgeon, SNP Leader offers a formal alliance to keep the Conservatives out - I repeat my challenge to Ed Miliband: if together our parties have the numbers required after 7 May, and regardless of which is the biggest party, will he and Labour join with us in locking David Cameron out of Downing Street?”

The SNP have made it clear several times that of they "hold the balance then they will hold the power" over a weak, Ed Miliband Labour government, the consequences of which would be to bleed the UK financially dry, leaving it a hollow husk before declaring independence.

The SNP exists in a fantasy land that has no real clue of how to manage even their small corner of the UK for the bill has always been picked up by the UK (England), for instance Scotland is not bearing the consequences of the collapse in oil prices. Instead, the SNP's claims that as if by magic they will both cut the deficit and increase spending if they get their hands on the levers of power at Westminister via an inept weak Milliband minority Labour government.

The following video cuts through the usual SNP fantasy propaganda to reveal the truth about just how economically clueless the SNP really are and the great potential for economic disaster that Britain faces as the SNP's primary objective is literally to destroy the UK from within so as to achieve their fantasy land promised land of independence where the oil price is said to be trading at $200 a barrel instead of the present day Scottish economic collapse inducing $49.

The situation that is now transpiring is much as I warned during the Independence campaign that the primary objective of the SNP is literally to destroy the United Kingdom to which end they know no limit. The SNP literally are an insurgency that will if they have their way lead to the balkanisation of Britain.

04 Sep 2014 - Scottish Independence Opens Pandora's Box of Disintegration, Balkanisation of Britain

The peoples of the United Kingdom are literally being sleep walked towards the edge of the cliff, most completely unaware of the potentially disastrous ramifications for not just Scotland but for what lies in store for the remainder of the United Kingdom following a Scottish Independence YES vote that would break start the process for ripping apart a 300 hundred year old entity of an United Island of Great Britain, which as I have repeatedly warned of during 2014 that a YES vote would literally sow the seeds for the balkanisation of Britain as this Island would literally tear it itself apart as the status quo of what had been taken for granted would no longer exist.

A whole host of news during the past year illustrate that the approaching Scottish Independence vote has already galvanised agitants right across the UK, for instance blowing on the embers for Cornish independence as they wave their aptly coloured Cornish black funeralesk flag that continues with calls of autonomy literally right at the other end of Britain from the Northern and Western Isles with calls for their own devolution from Edinburgh and even calls for their own parliament that sows the seeds not only for the balkanisation of Britain but also for breakup of an newly Independent Scotland that following a YES vote would soon start to disintegrate, as for instance the bordering regions would reassert their separate identity that has far more in common with the North England than much of Scotland, formerly known as the Kingdom of Northumbria that stretches from Edinburgh in the north all the way to the city of Sheffield in the south.

Whilst Alex Salmond, Scotland's Nigel Farage repeatedly plays the Scotland is rich because of North Sea oil card, what he convientely omits is that a significant portion of Scotland's oil reserves lie in the waters of the Northern Isles (Orkney and Shetland). Many people of the Northern Isles see themselves as having far more in common with Norway than Scotland which given the near immediate currency, financial and economic crisis that would follow independence would be fast pulled towards sharing sovereignty for far greater stability with the likes of Norway that could achieve what it could never have done militarily, namely expanding its borders and gaining many western north sea oil fields. Though in all probability the Northern Isles would probably eventually settle as becoming a protectorate of the United Kingdom along the lines of the Isle of Man.

So if Alex Salmond 'King of the Scots' does succeed in his tunnel vision mission for an Independant Scotland then he will likely go down in history as the first and last Prime Minister of Scotland as we know it today, which effectively means a Yes vote on 18th September will be Scotland voting to commit suicide as when the dust settles what remains would be a mere fraction of its current size.

Ukraine Civil War a Lesson for Independent Scotland

As my articles of 2014 have illustrated that when states start to disintegrate as the UK would start to do following a vote for Scottish Independence then so would a Pandora's box be opened that would soon see the docile domesticated LIb/Lab/Tory politicians of today's Westminster, the likes of which we have been used to since the end of WW2, replaced by those who would be solely tasked with holding a fragmenting nation together which Putin style would seek to take advantage of economic and political chaos in an Independant Scotland that would not even have a currency, prompted into action to protect the interests of the approx 50% who voted NO to independence resulting in the eventual annexation of parts of Scotland.

Post Scottish Independence the Labour Party would be crippled after permanently losing some 41 MP's that would amount to a shift in UK's political spectrum towards the RIGHT that would embolden support for the likes of UKIP which as the name suggests would put the UK first, with the interests of the Scottish people not even factoring into the equation for they would be seen as and be foreigners.

Whilst this is beyond most peoples comprehension today, however it would be the natural consequence of a disintegrating state especially as all of the reasons that Putin continuously puts forward for first the annexation of Crimea and lately in support of mostly Russian speaking people of Eastern Ukraine can also be made for many parts of Scotland where more than half the population would find themselves permanently living in a foreign country that they had voted NO to.

Not forgetting that the UK has already engaged in several highly dubious if not outright criminal recent wars that required far less justification (Iraq and Afghanistan) and that by domesticated politicians than the justification required for the annexation of several parts of Scotland by more authoritarian, putting the UK first post Independence politicians in West Minister, for Scotland has been a part of the UK for far longer than the likes of the Crimea had been a part of Russia.

Therefore an independent Scotland would be economically, politically and socially unstable, and if it followed the example of the last UK state to gain independence, Ireland then it would soon start to split into nationalist and Unionist regions that would seek to rejoin the UK that would be met with Scottish Nationalist resistance sparking violent civil conflict.

In fact should an Independant Scotland start to descend into near civil war than the British army could even be invited into regions of Scotland by the local population to restore order, which would as Northern Ireland had before hand spark an escalation in the conflict over where Scotland ends and England begins.

More on the extremely dangerous consequences of Scottish Independence -

24 Feb 2014 - Scottish Independence Economic Consequences for England, UK, Ukraine 2014, Britain 2016?

UKRAINE 2014, BRITAIN 2016?

The real problem of Scottish Independence is as I have highlighted several times in recent articles is that it would open up a pandora's box that would encourage other parts of the UK to start their own separatist movements which would disrupt economic activity right across the UK, and that is the real danger of Scotland leaving the UK, and not its net economic impact on the UK.

Ukraine illustrates what tends to happen when countries start to tear themselves apart as peaceful demonstrations in Ukraine's capital city Kiev of barely a few weeks ago have fast descended into chaos towards outright civil war as several regions in the north-west such as Lviv declare independence, whilst the south-east stands behind its democratically elected President who fled the capital with loyal security forces barely 24 hours ago.

What was unimaginable a few weeks ago has now become a crisis situation of mounting deaths, where with each death Ukraine takes a further step towards leaping over the edge of and into the abyss of where the likes of Syria stands today, as the consequence of what happens when nations rip themselves apart.

Ukraine tearing itself apart has huge implications for european stability as the conflict risks sparking unrest in bordering states most of which have their own separatist movements, especially Russia which therefore looks set to intervene militarily.

Gangsters and Paramilitaries

In the first instance the increasingly anarchic border regions would be an ideal breading ground for criminals that would eventually see the gangsters become paramilitaries as they wait in the wings to capitalise upon the many opportunities they will be presented with by the breakup of the UK, as separation will result in a boom time for criminal enterprises such as smuggling, gambling, drugs and extortion protection rackets amongst many others at huge cost to civil society in terms of the day to day lives of ordinary people becoming subject to the whims of flag flying criminal gangs parading their loyalties just as took place in Northern Ireland with echoes still felt every marching season.

A situation that the people of the Scotland and the bordering regions of England could never imagine today much as the peoples of Northern Ireland could not imagine what lay in store for them following the breakup of Ireland. Where today, even over 15 years on from the Good Friday peace agreement the people of Northern Ireland still have to contend with the consequences of more than 180 well organised armed gangs, most of whom use the cloak of republicanism and loyalism to engage in a high level of criminal activities that are beyond the experience of the peoples of mainland Britain. To imagine that this would not be replicated in a disintegrating UK and that on a far greater scale is ignoring what has taken place following the breakup of virtually every nation state in history. Weakened states act as magnates for organised crime, just as today Ukrainian, Russian, Polish gangsters are busy capitalizing on the chaos that is taking place in Ukraine. And just as the extinction of law and order in much of Syria and Iraq resulted in criminal gangs even going to the extent of declaring themselves as an Independent Islamic State !

So whilst it is totally unimaginable today for the SNP to have a paramilitary wing, however that does not mean it will be so a decade on from Independence as a consequence of the chaos that would follow the break up of the United Kingdom as we could see Scottish Nationalist paramilitaries battling against Loyalist paramilitaries as they attempt to carve up areas between themselves to profit from criminal activities as a consequence of weakened central states that apart from terrorising the general population will have a huge detrimental effect on legitimate business activities.

The bottom line is that on the morning of September the 19th that follows a YES declaration, the peoples of the rest of the UK will wake up to start to realise that the United Kingdom is FINISHED, which will emerge to come as a huge shock to most people who won't fully appreciate the ramifications of such an event until it actually happens.

The run up to the referendum is akin to the build up to the the start of World War 1, when virtually everyone thought it would be over within a matter of months where the wide spread perception was one of a fantasy land of boy scout outings at playing at being solider's. They had NO IDEA AT ALL of the HELL that was to come and so it is for the United Kingdom sleep walking off the edge of the cliff. And just as after world war 1 was over most thought how the hell did we allow such madness to happen, and similarly a decade following the aftermath of Scottish Independence, most people will look back at today's UK as representing a golden age of political, social and economic stability that they would crave for the return to, but in reality would take many generations to repair the damage done.

In terms of investment decisions, if Scotland votes Yes, then it should be taken as a cue to start to disinvest from the UK, and to seek to formulate an escape plan from the UK before the penny drops and what is completely unimaginable today starts to become manifest, much as many Ukrainians barely a few months ago (February) could not conceive of how bad the situation in their country would become barely 6 months later as the break up of their country continues to unfold as the level of conflict continues to accelerate towards a state of all out war, a situation that was totally unimaginable at the start of this year!

Plaid Cymru Want to Follow SNP Example and Bankrupt England

Whilst in Wales they have their own potential for an bankruptcy inducing insurgency with a potential of 40 MP's as the Plaid Cymru leader made clear when demanding from Ed Miliband - "We deserve an additional £1.2 billion in Wales to take is up to parity with Scotland, if you get into government will you give £1.2 billion to Wales?"

The bottom line is that via a weak Labour minority government backed by an SNP insurgency, means that the UK is literally sleep walking towards the edge of a cliff where only the likes of the people of Ukraine understand what lies, for we just do not know how far the UK will fall before it hits bottom!

Ensure you are subscribed to my always free newsletter for in-depth analysis and detailed trend forecast delivered to your email in box.

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2015 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