All posts in " Britain "
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Banks Trying to Figure Out What Lies Ahead

By admin / July 7, 2016

The big US banks — JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, and Morgan Stanley — have large operations employing tens of thousands of people in the UK. They have historically set up their regulated businesses in Britain and then used its right to “passport” into the rest of the 28-member bloc. Lawyers are […]

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Standard Life Suspends Their Property Fund

By admin / July 5, 2016

Standard Life suspended trading in its UK property fund after reducing the value of the fund by writing down the value of property by 5%. This set off a wave if liquidation that resulted in the fund being suspended. The management clearly read the press and listened to the politicians way too much. It makes […]

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Nigel Farage Resigns as Head of UKIP

By admin / July 4, 2016

It is a shame, but Nigel Farage is standing down as the leader of the UK Independence Party. Nigel came from the real world and never desired to be a career politician. He has stated that he had done his “bit” following the UK’s referendum vote to leave the EU. “The victory for the ‘Leave’ side […]

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Declining Pound Savior of Britain

By admin / July 4, 2016

QUESTION: Marty It looks like Carney and Osborne are talking the pound down in order to frighten people. Only one of their prophesies have come true – the lower value of sterling. But it is unhelpful that they continue to be negative – even though they’ve proved to have been wrong on all the other things […]

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Islamist Terrorists Sneaking Hoards of Weapons into Europe

By admin / July 4, 2016

“British anti-terror police found a mini-arsenal of weapons when they raided a London mosque linked to a number of key terrorist suspects,” CNN reports. They discovered an arsenal of at least 100 weapons, including war-grade automatic firearms and a huge amount of ammunition. Similar caches linked to mosques are now suspected throughout Europe. This is starting […]

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Can Rating Agencies be Trusted?

By admin / July 1, 2016

COMMENT: The manipulations of S&P indicate that these clowns’ output should be printed on absorbent paper. The point is exactly that this company and its directors have changed their rating based on anticipated events, and, given on the exact day as the Tory party’s leaders are being chosen, precisely in order to increase pressure on Britain’s […]

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The Pound & BREXIT

By admin / July 1, 2016

COMMENT: Mr. Armstrong; I voted for remain. Contrary to the post of a very biased Brit, there is a “rift” and the person who arrogantly wrote to you clearly lives in another world. I have changed my mind and would vote to leave. What you simply wrote that Merkel made the decision on refugees by […]

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British Politics in Disarray?

By admin / June 30, 2016

The “remain” crowd thinks this is all over in Britain because Boris Johnson will not seek the PM position in the Tories, and this appears to be setting up for Theresa May to take the PM position. One reader wrote a rather nasty comment: “Your supposed ‘revolt’ will never materialize, as the English themselves are quietly […]

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Standard & Poor’s Reaction Shows Political Bias

By admin / June 28, 2016

Rating Agencies Testify Before Congress for their AAA-Ratings after 2007 Standard & Poors downgraded United Kingdom (UK), which is comprised of England, Northern Ireland, Scotland, and Wales, from AAA to AA. This shows emotional and political bias rather than any substantial change in economics; they are making good on their political threats of 2015. S&P […]

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