The report that paints the darkest possible scenario for Britain without ever mentioning that 60% of its trade is outside the EU and that any attempt by the EU to punish Britain will destroy the German economy which is preparing for a very deep recession since Britain is its #1 trading partner in the EU […]
COMMENT: You are quite correct Mr. Armstrong. Prime minister Boris Johnson spoke that “no deal” Brexit looks like a surety and the FTSE 100 skyrocketed and the pound took a beating against ALL mostly traded pairs. Indices (excepting for a few) are going to the moon!! J.F REPLY: There are actually suggestions in Brussels I […]
The entire feud between Britain and Brussels has been over the border in Ireland between north and south. Brussels fears that there will be a free-flow of goods which will circumvent their taxes. The election of Borris Johnson has created a giant nightmare for Brussels. Trump and Johnson will enter a free trade agreement. A […]
The collapse in property values in London has created a crisis in property funds. M&G Investments blocked withdrawals from its UK property fund as it seeks to distance itself from the troubled manager. Back on June 3, 2019, the asset manager wrote to clients of the M&G UK Property fund to inform them it had […]
The Extinction Rebellion, formed in 2018, appears to be an extreme anarchist group that is using climate as an excuse to overthrow governments. Climate change has become a movement that advocates a hostile takeover of the world economy to end capitalism. This movement of climate protestors in Britain known as the Extinction Rebellion has a […]
Boris Johnson has been elected as the new Prime Minister of Britain and he has promised to take Britain out of the European Union “come what may.” Jeremy Corbyn says Labour will table a motion of no confidence, designed to force Boris Johnson from office “at a time of (their) choosing,” adding “it will be an […]
Nigel Farage’s new Brexit Party is now the second largest in Britain. The Conservatives still topped the YouGov poll with 24% of the vote, but they were boosted by the prospect of Boris Johnson, who is a Brexit believer, as the next Tory leader. The prospects for Europe remain up in the air as Brussels […]
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QUESTION: Mr. Armstrong; could you explain this whole Customs Union issue in BREXIT? Some see it as a great idea, others say it is surrendering sovereignty to Brussels. SN ANSWER: A customs union, some claim, would help businesses that send goods back and forth to the European Union. So it would be of interest to […]
Paris is adamant that the EU should not renegotiate the Brexit deal. The French want to punish the British at all costs, and that means at the expense of their own employment and markets. Amélie de Montchalin, France’s minister for European affairs, said, “If the UK wants to leave the EU, and in an orderly […]
