The British Press
January 26, 2019https://www.armstrongeconomics.com/wp-content/uploads/2019/01/British-Press.mp4
https://www.armstrongeconomics.com/wp-content/uploads/2019/01/British-Press.mp4
Prime Minister Theresa May now faces a no-confidence vote after her BREXIT plan was defeated to be submitted by opposition Labour Party leader Jeremy Corbyn. Nonetheless, our sources there say that she will probably survive as the Conservatives who rejected her plan are not likely to vote for a no-confidence motion realizing that a Corbyn victory […]
QUESTION: Marty, your account of Carausius and Postumus being the ancient Brexit is really interesting. Am I correct that whilst this separatist movement failed, it was this Brexit that forced Rome to reintroduce silver? HM ANSWER: Correct. Diocletian introduced the silver Argenteus in 294AD after the defeat of Carausius’ separatist movement. It is highly likely that old silver denarii were […]
QUESTION: Mr. Armstrong, thank you for your excellent commentary. Could you comment on the monetary system in Britain during the period following Rome’s waterfall event? I would be especially interested in the period following the capture of Valerian I through the 9th century. MG ANSWER: I suspect that the purpose of your inquiry is the loose […]
Prime Minister Theresa May has postponed the final vote on her BREXIT deal, which is a clear admission that she does not believe she can get the unpopular withdrawal agreement through the House of Commons. What is really fascinating is that the computer seems to have forecasted that result. We did not see a major […]
The House of Commons in the British Parliament will vote on Tuesday amid growing calls for the PM to go back to Brussels to renegotiate. Prime Minister Theresa May (PM) could remain in office even if the MPs reject her Brexit plan. The PM has come out and warned Tory rebels that their rejection could lead […]
The European Court of Justice (ECJ) ruled that the UK can unilaterally cancel its withdrawal from the EU at any time and that will not be subject to a vote by other EU member states. This is a non-binding opinion that was delivered by an advocate general of the European Court of Justice. The […]
What I have found totally shocking is that the British government under Prime Minister Theresa May is this need to surrender all rights just to remain in the customs union. She has not figured out that the UK has been at the top of the list of the European Union’s ‘Big Four’ economies in terms […]
Dominic Raab, who was the negotiator in BEXIT told the chief whip straight after cabinet yesterday that he would quit. He said the prime minister could still change course and should be ready to walk away with no deal. Naturally, Prime Minister May defends the deal and this is indicative of someone who never supported BREXIT, […]
The British pound has dropped 1% today and is trading in the mid 127 level. The rumor running around the City (the financial sector in London) is that Prime Minister May has called an emergency press conference and she will resign handing power to Michael Grove. However, it may be more likely that Grove has […]