Brexit – Page 6 – Infinite Unknown

Civil Uprising Escalates As 8th EU Nation Threatens Referendum

June 26, 2016 by Infinite

H/t reader squodgy:

“It may be the title of the latest Hollywood frightened series, but it is also an appropriate title for the pandemic hitting Europe…….CONTAGION…..”

– Civil Uprising Escalates As 8th EU Nation Threatens Referendum:

It appears, just as we warned, that Brexit was indeed the first of many dominoes. Even before the Brexit result, a poll by Ipsos Mori showed that the majority of people in France and Italy want to at least have a referendum on leaving:

Meanwhile, over 40% of Swedes, Poles, and Belgians are in the same boat.

But now, as Martin Armstrong notes, Brussels simply went too far. They cross the line moving from an economic union to a political subordination of Europe. Now eight more countries want to hold referendums to exit the EU – France, Holland, Italy, Austria, Finland, Hungary, Portugal, and Slovakia all could leave.

Read moreCivil Uprising Escalates As 8th EU Nation Threatens Referendum

The Magic Number 7: Brexit Collapse Falls Exactly On Shemitah Date

June 26, 2016 by Infinite

H/t reader squodgy:

“The tide of change has just turned inexorably.
We have started a journey of unknown adventure and undoubted discomfort and unrest.”

And “it” has all been planned a long time ago and foreseen by many seers and by “it” I mean …

Financial/economic collapse, hyperinflation, civil war, revolution, followed by WW3.

– The Magic Number 7: Brexit Collapse Falls Exactly On Shemitah Date:

In 2014, Christine Lagarde gave a speech on “the magic number 7.” It, along with work by Jonathan Cahn, led us to the Shemitah seven-year cycle and the Jubilee year, which the globalist elites are well aware of.

What we’ve discovered since is that there is even more to the “magic number 7” than just years… it appears to correlate right down to months, weeks and days.

Read moreThe Magic Number 7: Brexit Collapse Falls Exactly On Shemitah Date

Peter Schiff: Brexit Is Not The Reason; It’s The Catalyst (Video)

June 26, 2016June 26, 2016 by Infinite

24.06.2016

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Scotland Threatens To Veto Brexit

June 26, 2016 by Infinite

– Scotland Threatens To Veto Brexit:

Yesterday we warned that the biggest threat to the UK political process in the aftermath of the Friday referendum is neither an arguably fake petition to hold another referendum (it won’t happen), nor the so-called buyer’s remorse on the side of “Leave” voters, especially with ComRes confirming a negligible 1% of those voters were “Unhappy” with the outcome…

Vote split // On the #EUref result (Remain / Leave):
Happy: 4% / 92%
Unhappy: 88% / 1%
Indifferent: 7% / 5%
(via ComRes)

— Britain Elects (@britainelects) June 25, 2016

…but rather a surprising discovery in a UK government Command Paper laying out “The Process of withdrawing from the European Union“, which goes through the process of invoking the infamous Article 50 of the Treaty on European Union, and notes that there may be a rather substantial hurdle to the actual Brexit process: a Scottish and/or Northern Irish veto to Britain’s separation from the EU. To wit:

Read moreScotland Threatens To Veto Brexit

Brexit and the Matrix

June 26, 2016June 26, 2016 by Infinite

– Brexit and the Matrix:

The EU and its associated financial institutions were built on the premise that no one would escape. That’s the long and short of it.

But of course, nations could get out if they decided to.

Which is what just happened in Britain.

And now that it has, elites and their fear-mongering press outlets are moaning and shouting and whining: “You fools, do you have any idea what you’ve just done? You’ve thrown a wrench into the structure. Are you crazy?”

Translation: “We’re in charge. We’re the lords in the castles. You’re the peasants in the fields.”

Read moreBrexit and the Matrix

The People Voted To Exit The EU, Now The Central Bankers Will Attack (Video)

June 26, 2016June 26, 2016 by Infinite

https://www.youtube.com/watch?v=dGFwUMQA_iY

24.06.2016

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JPM Head Quant: Expect Up To $300 Billion In Program Selling, “5-10% Near-Term Downside To The S&P500”

June 26, 2016June 26, 2016 by Infinite

– JPM Head Quant: Expect Up To $300 Billion In Program Selling, “5-10% Near-Term Downside To The S&P500”:

“We see another 5-10% downside to the S&P 500 in the short term as likely, but we maintain our 2016 year-end price target at 2,000.“

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John Pilger: A Blow for Peace and Democracy: Why the British Said No to Europe

June 26, 2016 by Infinite

– A Blow for Peace and Democracy: Why the British Said No to Europe:

by John Pilger

The majority vote by Britons to leave the European Union was an act of raw democracy. Millions of ordinary people refused to be bullied, intimidated and dismissed with open contempt by their presumed betters in the major parties, the leaders of the business and banking oligarchy and the media.

This was, in great part, a vote by those angered and demoralised by the sheer arrogance of the apologists for the “Remain” campaign and the dismemberment of a socially just civil life in Britain. The last bastion of the historic reforms of 1945, the National Health Service, has been so subverted by Tory and Labour-supported privateers it is fighting for its life.

Read moreJohn Pilger: A Blow for Peace and Democracy: Why the British Said No to Europe

Haaretz Confirms: Britain Has Been Operating As An Israeli Puppet Within The EU

June 26, 2016June 26, 2016 by Infinite

– Haaretz Confirms: Britain Has Been Operating As An Israeli Puppet Within The EU:

“With Brexit, Israel Loses a Major Asset in the European Union,” Haaretz reports today.

“Britain helped moderate and balance EU decisions about the peace process, blunt criticism and even harness the member states against anti-Israel moves at the UN; voices sympathetic to the Palestinian cause could now become more dominant.”

Read moreHaaretz Confirms: Britain Has Been Operating As An Israeli Puppet Within The EU

Second EU referendum petition investigated for fraud

June 26, 2016June 26, 2016 by Infinite

– Second EU referendum petition investigated for fraud

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Goldman Sees A UK Recession, Shocked By A Fed “Tightening Cycle Unlike Any In Modern History”

June 26, 2016 by Infinite

FYI.

– Goldman Sees A UK Recession, Shocked By A Fed “Tightening Cycle Unlike Any In Modern History”:

Looking at the UK, Goldman says “we expect a recession – albeit mild by historical standards – in the first half of next year. The weaker outlook will also weigh on the inflation outlook. Meanwhile, back in the US, “our forecasted path for the funds rate now looks quite unlike any tightening cycle in modern Fed history—one increase, followed by an extended pause, followed by gradual but steady increases over the subsequent three years.”

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George Soros: “Brexit Makes EU Disintegration Irreversible”

June 25, 2016June 25, 2016 by Infinite

– George Soros: “Brexit Makes EU Disintegration Irreversible”:

Just four days ago, the “big guns” when George Soros wrote a Guardian op-ed titled “The Brexit crash will make all of you poorer – be warned” in which he said that “as opinion polls on the referendum result fluctuate, I want to offer a clear set of facts, based on my six decades of experience in financial markets, to help voters understand the very real consequences of a vote to leave the EU.” We promptly countered that Soros’ set of “facts” may be clouded by his far greater equity stake in interests around Europe, and the globe, which would be drastically impacted by not only a Brexit, but by a European Union which is suddenly on the rocks. That’s precisely what happened when, as we wrote earlier, the world’s 400 richest people lost $127.4 billion Friday following the Brexit vote.

Soros was among them.

Read moreGeorge Soros: “Brexit Makes EU Disintegration Irreversible”

The Real Brexit “Catastrophe”: World’s 400 Richest People Lose $127 Billion

June 25, 2016 by Infinite

– The Real Brexit “Catastrophe”: World’s 400 Richest People Lose $127 Billion:

For all the scaremongering and threats of an imminent financial apocalypse should Brexit win, including dire forecasts from the likes of George Soros, the Bank of England, David Cameron (who even invoked war), and even Jacob Rothschild, something “unexpected” happened yesterday: the UK was the best performing European market following the Brexit outcome.

This outcome was just as we expected three days ago for reasons that we penned in “Is Soros Wrong“, where we said “in a world in which central banks rush to devalue their currency at any means necessary just to gain a modest competitive advantage in global trade wars, a GBP collapse is precisely what the BOE should want, if it means kickstarting the UK economy.”

On Friday, the market started to price it in too, and in the process revealed that the biggest sovereign losers from Brexit will not be the UK but Europe.

Read moreThe Real Brexit “Catastrophe”: World’s 400 Richest People Lose $127 Billion

Black Friday: Shocking Brexit Vote Result Causes The 9th Largest Stock Market Crash In U.S. History

June 25, 2016 by Infinite

FYI.

– Black Friday: Shocking Brexit Vote Result Causes The 9th Largest Stock Market Crash In U.S. History:

Has the next Lehman Brothers moment arrived? Late Thursday night we learned that the British people had voted to leave the European Union, and this could be the “trigger event” that unleashes great financial panic all over the planet. Of course stocks have already been crashing all over the globe over the past year, but up until now we had not seen the kind of stark fear that the crash of 2008 created following the collapse of Lehman Brothers. The British people are certainly to be congratulated for choosing to leave the tyrannical EU, and if I could have voted I would have voted to “leave” as well. But just as I warned 10 days ago, choosing to leave will “throw the entire continent into a state of economic and financial chaos”. And “Black Friday” was just the beginning – the pain from this event is going to continue to be felt for months to come.

The shocking outcome of the Brexit vote caught financial markets completely off guard, and the carnage that we witnessed on Friday was absolutely staggering…

Read moreBlack Friday: Shocking Brexit Vote Result Causes The 9th Largest Stock Market Crash In U.S. History

BREXIT – The New Modern-Nationalism is Global Governance (FREEPOM)

June 25, 2016 by Infinite

H/t reader I.G.

FYI.

– BREXIT – The New Modern-Nationalism is Global Governance (FREEPOM):

Introducing the EU – China 2020 Strategic Agenda for Cooperation

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Brexit: Petition for second EU referendum so popular the government site’s crashing

June 25, 2016 by Infinite

If at first the referendum did not have the desired outcome, vote again, until the people have made the “right” decision.

– Brexit: Petition for second EU referendum so popular the government site’s crashing:

The 48% of voters who wished to Remain in the European Union are so mortified by the Leave result that a parliamentary petition calling for a second referendum has been set up.

…

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Petition calling for UK to hold 2nd EU referendum soars past 2 million signatures

June 25, 2016 by Infinite

If at first the referendum did not have the desired outcome, vote again, until the people have made the “right” decision.

– Petition calling for UK to hold 2nd EU referendum soars past 2mn signatures:

Two days after voting ‘out’ of the European Union, over 2 million Brits have signed a petition calling for a second vote, as many feel dissatisfied with the outcome of the referendum.

The petition on the British parliament website was posted before the June 23 referendum, urging the government to hold another vote on EU membership if the support for ‘leave’ or ‘remain’ campaigns will be less than 60 percent of the populace. Thursday’s referendum saw only 51.9 per cent of voters supporting the idea of exiting the bloc, while 48.9 per cent voted to stay.

…

– Petition urging second EU referendum reaches 1m signatures:

House of Commons website temporarily crashes under burden of hundreds of thousands of visits to single petition

A parliamentary petition calling for a second referendum has attracted more than a million signatures, even as unprecedented demand temporarily crashed the website.

On Friday a government website saw an “exceptionally high” number of visits as hundreds of thousands of signatures were added to a second referendum e-petition in the wake of Britain’s leave vote.

Read morePetition calling for UK to hold 2nd EU referendum soars past 2 million signatures

Putin on Brexit: No one wants to support weak economies

June 25, 2016June 24, 2016 by Infinite

– Putin on Brexit: No one wants to support weak economies:

Russian President Vladimir Putin says ‘Brexit’ is the choice made by the British nation and is a comprehensible one, as “no one wants to feed weak economies.” Russia has not and does not plan to interfere with the results of the referendum, he added.

“I think it’s comprehensible why this happened: first, no one wants to feed and subsidize poorer economies, to support other states, support entire nations,” the Russian president said at the Shanghai Cooperation Organization summit in Tashkent.“Apparently the British people are not satisfied with the way problems are being solved in the security sphere, these problems have become more acute lately with the migration processes,” Putin said, suggesting the second reason for the British people to have voted ‘out.’

The Russian president’s comments come in reply to UK Prime Minister David Cameron’s claims that “Putin would be happy if the UK left the EU.”

The president says such claims were an ill-posed attempt to influence the general opinion of the British public.

Read morePutin on Brexit: No one wants to support weak economies

In the aftermath of the #brexit vote, Europhiles make clear their contempt for democracy

June 24, 2016June 24, 2016 by Infinite

– In the aftermath of the #brexit vote, Europhiles make clear their contempt for democracy:

Despite the threats, bullying, dirty tricks, the wheeling out of scruffy celebrity has-beens and a spot of shark-jumping, the UK’s referendum on exiting membership of the EU superstate has passed.

Within hours, the media in Britain was awash with the finger-wagging, head-shaking and tut-tutting of talking heads who are apparently queuing up to make known their disgust at the errant behaviour of the “ignorant masses” in polling stations across the UK.

From the Common Purpose-infested EU-loving BBC to Rupert Murdoch’s Sky News, pundits are puzzling over “what went wrong” with the referendum. As if there could only ever be one acceptable result and that anyone not wanting to remain part of this corrupt, unaccountable, anti-democratic, free-speech hating, dictatorial institution that is increasingly unpopular with those who have to suffer its rule is a “hater”, a “racist” or a “fuddy-duddy”.

Read moreIn the aftermath of the #brexit vote, Europhiles make clear their contempt for democracy

‘Now get out!’ Start Clause 50 exit process NOW, EU chiefs urge UK

June 24, 2016 by Infinite

– ‘Now get out!’ Start Clause 50 exit process NOW, EU chiefs urge UK:

EU chiefs want to be rid of Britain as soon as possible, if a statement from the European Council released in the wake of the UK’s shock Brexit is anything to go by.

It was released following a meeting of dignitaries including EU president Donald Tusk, parliamentary president Martin Schulz, Dutch PM Mark Rutte and European Commission president Jean-Claude Juncker.

The EU’s top dogs told the UK to get out of the 28-member union quickly. They delivered a stark warning that until such a time as the political divorce goes through, Britain will be subject to all the treaties and agreements that go with membership.

Read more‘Now get out!’ Start Clause 50 exit process NOW, EU chiefs urge UK

“Today Is The Appetizer For Monday”

June 25, 2016June 24, 2016 by Infinite

– “Today Is The Appetizer For Monday”:

Early this morning we laid out the thoughts of RCB’s Charlie McElligott on today’s dramatic market action, which discussed not the blow up of “fat tail” quant stategies (something we touched upon later and which is likely to unleash even more quant-driven selling next week) and the “forced out” liquidations across the curve coupled with a rush into safety, but also the biggest question of all for today’s trades – which macro funds are quietly blowing up? Now, we follow it up with a second piece by the RBC trader, one which those worried about being caught long risk over the weekend, are urged to read.

Read more“Today Is The Appetizer For Monday”

Alan Greenspan: “This Is The Worst Period I Recall; There’s Nothing Like It”

June 25, 2016June 24, 2016 by Infinite

– Greenspan: “This Is The Worst Period I Recall; There’s Nothing Like It”:

During a CNBC inteview today, when discussing the historic Brexit vote outcome, Alan Greenspan unleashed a fiery sermon that could have been prepared just by reading a random selection of posts from this website, the former Fed chairman told his shocked hosts that the current period, far from the raging “Obama recovery” spun every day by adaministration propaganda appratchicks and one that prompted the Fed to unleash a ridiculous rate hike cycle in December just as the US is sliding into a recession, and is instead the “worst period” he has seen, surpassing even the infamous Black Monday in severity.

“This is the worst period, I recall since I’ve been in public service. There’s nothing like it, including the crisis — remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away. I’d love to find something positive to say.”

EXCLUSIVE » Fmr. Fed Chair Greenspan to CNBC: “This is the worst period I recall since I’ve been in public service.” pic.twitter.com/mu0p471fAm

— CNBC Now (@CNBCnow) June 24, 2016

Read moreAlan Greenspan: “This Is The Worst Period I Recall; There’s Nothing Like It”

“Worse Than Lehman” – European Bank Bloodbath Sparks Dollar Funding Crisis

June 24, 2016 by Infinite

– “Worse Than Lehman” – European Bank Bloodbath Sparks Dollar Funding Crisis:

For European banks, today is worse than Lehman with a 13%-plus collapse in the broad index. The major banks – like Credit Suisse and Deutsche Bank – have crashed over 15% to record lows as “Lehman moments” loom. This crisis prompted massive demand for USDollars, sending basis swaps (and other funding vehicles) spiking which it appears is why The Fed said it was ready to provide liquidity.

The broad EU banking system is collapsing…

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Brexit = Death of the Technocrats

June 24, 2016 by Infinite

– Brexit = Death of the Technocrats:

My political opinions lean more and more to Anarchy (philosophically understood, meaning abolition of control not whiskered men with bombs) … the most improper job of any man, even saints (who at any rate were at least unwilling to take it on), is bossing other men. Not one in a million is fit for it, and least of all those who seek the opportunity.

– J. R. R. Tolkien

What transpired last night in the United Kingdom represented one of the most extraordinary expressions of democracy in my lifetime. When faced with an event of such monumental significance, it’s difficult to pick any particular direction for a post like this. I have so many thoughts running through my mind and so many angles I could potentially address, it’s simply impossible to do them all justice. As such, I’ve decided to focus on one very meaningful implication of Brexit: death of the technocrats.

Read moreBrexit = Death of the Technocrats

David Icke On Brexit: WE DID IT!! But This Is Just The Start (Video)

June 24, 2016 by Infinite

H/t reader squodgy:

“This Icke podcast sums up the possible PSYOP the English &Weish will be bombarded with.”

https://www.youtube.com/watch?v=cW6WsvZal2Y

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