World Blog by humble servant. Britain and Winston Churchill and the hate and RESENTMENT of the EU for THE UK.
The critical Factor in the direction of the markets post economic confidence model still appears to be the focus on the expanding repo crisis. The last auction saw the supply of 30 billion exceeded with a demand that reach 53 billion. . On top of that We have a crisis Brewing externally in the United States as the Euro has been collapsing conceding with the push back to an inverted yield curve in the treasury market.. Some are at last starting to figure out that the inverted year yield curve is no longer an indication of a future recession it is the end result of capital inflows given the crisis externally in Europe and Japan with respect to negative interest rates. We are beginning to witness the massive cross trade in currency trading in anticipation of a financial crisis unfolding in Europe. As I have mentioned, with brexit, the Gap in the euro EU budget will be massive. In 2018. The UK made an estimated gross contribution after the rebate of 13.2 billion Euro as I have mentioned, with brexit, the Gap in the EU budget will be massive. The UK receive 4.3 billion of public set sector receipts from the EU. So the UK's net public sector contribution to the EU was it estimated 8.9 billion Euro. The UK never benefited from being in the Eurozone it lost just about every court case. It was always regarded behind the curtain with resentment as I have said before Winston Churchill, not merely save Britain. He saved EUROPE virtually single-handedly as they say the best way to get rid of a friend is to lend him money. Europe owe their very existence to Britain and therein has always been the resentment behind the curtain for a feeling of inferiority with brexit, There will be a loss in new revenue of 10 to 15 billion Euro annually. Or about 1% of GDP. The European press is all bashing Britain for brexit saying they made a stupid decision. The Euro has fallen below the uptrend line, which rest at 10944 level. There is still underline support at the 108 29 and 107 25 level. The Press is failing to do its job and save Europe. They prefer to Simply publish the standard propaganda from Brussels there by misleading the people and this makes it far worse because it keeps the majority in the dark about the trend
in motion. This historically ends an absolute complete disaster. True
in motion. This historically ends an absolute complete disaster. True
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