Jun 25

George Soros hand sign

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. Continue reading »

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Jun 25

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.

20160624_EU1_0

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. Continue reading »

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Jun 25

Czechia, Hungary, Slovakia, and Greece are ready to leave EU

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Jun 25

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… Continue reading »

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Jun 25

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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Jun 25

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 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. Continue reading »

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Jun 24

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. Continue reading »

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Jun 24

EU CHAOS: Sweden calls emergency meeting as demand for referendum rises after Brexit

MORE EU turmoil is looming as Sweden’s prime minister has called for an emergency meeting after Britain’s vote to leave Brussels has weakened the country’s position in Europe.

Britain has been Sweden’s strongest ally in the EU but after the Leave camp’s success was revealed this morning the Scandinavian country now faces political and economical turmoil.

Prime Minister Stefan Lofven said the government’s faith in Brussels remained strong, despite Sweden’s EU minister issuing dire warnings about the harm a Brexit could cause to the country’s economical and political status.

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Jun 24

brexit-uk-1

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”. Continue reading »

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Jun 24

‘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. Continue reading »

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Jun 24

French Man robbed and Beaten by arab Immigrant in bus

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Jun 24

Brexit-Lehman

Brexistential Bloodbath – Dow Crashes 600 Points As Vol Explodes

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Jun 24

frustrated trader_1

“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. Continue reading »

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Jun 24

greenspan teaser cnbc

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.

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Jun 24

“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…

lehman

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Jun 24

Brexit-UK

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. Continue reading »

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Jun 24

H/t reader squodgy:

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


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Jun 24

Brexit: The System Cannot Hold:

Well, they did it. A majority of Britons made clear they’re so fed up with David Cameron and everything he says or does, including promoting the EU, that they voted against that EU. They detest Cameron much more than they like Nigel Farage or Boris Johnson. It seems that everyone has underestimated that.

Cameron just announced he’s stepping down. And that points to a very large hole in the ground somewhere in London town. Because going through a list of potential leaders, you get the strong impression there are none left. Not to run the country, and not to negotiate anything with Brussels. Which has a deep leadership -credibility- hole of itself, even though the incumbents are completely blind to that. Continue reading »

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Jun 24

Brexit was the right decision to make, but the elitists will make money and let the people pay & suffer anyway (no matter what outcome the referendum had).

The price to pay for Brexit is still very small, compared to the price the people would have to pay for Bremain (seen long-term).


brexit over

It’s All Over As “Leave” Wins Brexit Referendum: Markets Everywhere Are Crashing:

Final update to this historic post, just to make it official :

  • BREXIT VOTE-LEAVE HAS WON MORE THAN 16.784 MLN VOTES, ENOUGH TO GUARANTEE VICTORY IN EU REFERENDUM – BBC FIGURES

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George Soros As The Fighting Uruk-hai With Jacob Rothschild As Saruman

Lord Rothschild ordered as expected …

The Big Guns Are Out: Soros, Rothschild Warn Of Brexit Doom; Osborne Threatens With “Suspending” Market

… the market ‘crashing’ button to be pressed…

Panic-Button

… and his elite puppet financiers are getting rewarded for their ‘great work’ …

Gold Soars Most In 42 Years For British Buyers:

It appears Brits are quick to rotate from their Pounds Sterling into pet yellow rocks as Gold prices spike (in GBP) explode almost 15% overnight… the most in 42 years…

Gold Spikes Most In 7 Years To 27-Month Highs

Bonds & Bullion are manically bid overnight as the last 5 days of complacent risk-on exuberance has collapsed into a worst-case-scenario “Brexit” raising doubts about the EU’s sustability and dragging central bank experimental ideas into farce…

… because …

George Soros Is Preparing For Economic Collapse – Does He Know Something That You Don’t?:

Soros Fund Management LLC, which manages $30 billion for Mr. Soros and his family, sold stocks and bought gold and shares of gold miners, anticipating weakness in various markets. Investors often view gold as a haven during times of turmoil.

George Soros Makes Gold His Largest Holding As He Cuts Equity Exposure To Lowest Since 2013, Doubles S&P Puts

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Jun 24

FYI.


“Victory For Freedom” – Le Pen Demands Referendum For France:

First, The Dutch; and now, The French…

French far-right leader Marine Le Pen says there should be a similar referendum about EU membership in France after Britons voted to leave the 28-nation bloc.

Le Pen Demands Referendum For France

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Jun 23

brexit-bremain

Continuing coverage here:

The All-Nighter Nailbiter: Results Come In And Suddenly Everything Turns Around, Sterling Tumbles

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Jun 23

Heavily-Armed Gunman Killed After Opening Fire In German Cinema:

Update: Police report shooter is dead.

Witnesses are reporting multiple shots fired as Bild reports a heavily-armed man is at large in a cinema complex in Viernheim, Germany. The armed man has barricaded himself in the center and SWAT are on their way…police say up to 50 wounded.

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Jun 23

EU-Fascsim

The European Union: Government by Deception:

I stumbled upon an article by Day of the Jackal author Frederick Forsyth, published last week in the Daily Express, that I think every Briton and European and everyone else should read. Forsyth doesn’t delve into the American pressure to form a European Union as a counterweight to the Soviet Union, he sticks with ‘founding father’ Jean Monnet and his reasoning behind the particular shape the Union took. And that is bad enough. Continue reading »

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Jun 23

French Cops Claim They’re Too Tired to Keep Policing Massive Protests:

Months of mass demonstrations and violence linked to the Euro 2016 football tournament have left French police begging for mercy. A heated combination of protests against controversial changes to France’s employment laws and outbreaks of violence by Russian and British football fans has taken its toll, leading a union leader to beg for a reprieve for French law enforcement.

Protests opposing Francois Hollande’s proposals to relax France’s labour code began in March and have been called the largest and longest-lasting since the French Revolution. While the government argues the changes are crucial to lower unemployment, protesters claim they are bad for workers’ rights. Countrywide protests have included strikes and blockades of oil refineries and hundreds of fuel depots. Workers also downed tools at the state-owned rail company. Continue reading »

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Jun 22

German Government Agrees to Ban Fracking but Keep Door Open:

The German government has agreed to ban fracking for shale gas for an indefinite period, but would allow test drilling to be carried out if state governments permit it, news agencies reported on Tuesday.

The two parties in Germany’s ruling coalition – the Christian Democrats (CDU) and the Social Democrats (SPD) – agreed to what is being called an “indefinite” ban, but the agreement calls for a review in five years, leaving the door open for a possible lifting of the ban.

Parliament must still approve the ban. Continue reading »

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Jun 22

Bush-Bono-Masonic-HandshakeBono_satanic_handsign
Bono’s masonic handshake and satanic handsign

‘Trust’ him:

U2’s Bono Partners With Monsanto, G8, To Biowreck African Farms With GMO

Make Bono History:

There was a humdinger of a story about Bono in the New York Post earlier this week that the Mail has picked up on this morning. According to the Post, Bono’s anti-poverty ONE foundation received $14,993,873 in donations from philanthropists in 2008, of which just $184,732 was distributed to three charities.

Related info:

The Big Guns Are Out: Soros, Rothschild Warn Of Brexit Doom; Osborne Threatens With “Suspending” Market

Brexit: Facts Not Fear (Video)

BREXIT THE MOVIE (FULL MUST-WATCH DOCUMENTARY)


With Or Without You? U2 Urges Irish Brits To Vote “Remain”:

You know the establishment is paniccing when they roll out Bono (and Liam Neeson) to appeal to the Irish (which make up around 10% of the UK electorate) to vote “Remain” or face “the worst ramifications.”As The Irish Times reports,U2 warns “a Brexit vote will make us weak,” suggesting a vote to ‘Leave’ would mean Thursday bloody Thursday and a vote to ‘Stay’ would be a Beautiful Day.

bono-u2-bremain

Irish4Europe communications director David D’Arcy said: “Irish represent up to 10 per cent of the UK electorate and we are asking each and every one of those Irish voters to make voting Remain their first task tomorrow.” And as The Irish Times reports, Continue reading »

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Jun 22

FYI.


German MP speaks out on diversity bill, addressing 60 genders (VIDEO):

When a bill campaigning for gender diversity was proposed by a leftist German party, a conservative politician responded hilariously, taking two minutes to address anyone who might be listening – and using some 60 gender identifiers.

Alternative for Germany (AfD) politician Steffen Königer arrived at the Brandenburg parliament to speak on a bill introduced by the Green Party which would “campaign for acceptance of gender and sexual diversity, self-determination, and against homo- and trans-phobia” in the city of Brandenburg. It would also “give equal rights and societal equality for LGBTTQQ [lesbian, gay, bi-sexual, trans, two-spirit, queer, questioning] people in Brandenburg.”

Königer began his address on the proposal in the most normal of ways.

“Dear Mr. President, ladies and gentlemen…” Königer said at the podium.

However, it soon became obvious that his introduction was a little out of the ordinary. Continue reading »

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Jun 22

US commander says Russia outpaces NATO in deployment capabilities

‘As fast as they want’: US commander says Russia outpaces NATO in deployment capabilities:

Russian capabilities to deploy troops at long distances are “scary” as they outweigh those of NATO, the commander of US Army Europe has said, calling for “a military Schengen zone” that would allow troops to move back and forth within the bloc’s territory.

“The thing I worry about the most is freedom of movement. The Russians are able to move huge formations and lots of equipment a long distance very fast,” Lieutenant General Ben Hodges, commander of US Army Europe, told BBC’s Hardtalk show on Monday.  Continue reading »

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Jun 21

Brexit: Facts Not Fear:

I’ve made a short film with my friend Roger Bowles about why I’ll be voting Leave on 23 June and why I think you should, too. We’ve focused exclusively on the sovereignty argument, which we think is the most persuasive one. If you’re on the same side as us, please share this with as many people as possible.

We’ve called it ‘Brexit: Facts Not Fear’ because we think it’s important that people should be acquainted with as many facts as possible when they cast their vote. Below is a transcript of the film, with links corroborating the facts referred to. Continue reading »

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Jun 21

Jun 16, 2016

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