BREXIT: A New Referendum?

The UK’s Labour Party under Jeremy Corbyn has announced that they would back a new and improved referendum to clarify that the people of the UK really don’t support BREXIT at all.  According to Corbyn, having such a vote would instantly erase the chaos that exists in the UK Parliament where tensions are strung tight, voices are loud, and insults are slung with the precision of an AK-47.

Short sided?

Obviously the ploy is to stage a new vote that will be rigged better than the last one to assure the ‘stayers’ a win.  Should that occur, the Parliament can sit back and actually do something of value to earn their keep.  However, it is a highly inflammatory move that could likely send the UK into an all out civil uprising given that the people are quite aware of the corruption.

In keeping with the illusion of fairness, Corbyn says that they will call this a ‘confirmation referendum’ – just to make sure that what was already voted on by the public is really what they still want because he is convinced that the last vote was rigged.

In contrast, Donald Tusk, of the EU Commission has announced that an extension of the March 29 deadline would likely be approved by all 27 member states in the vein of grace and goodwill.  YUCK.

At this point, Theresa May is watering down the BREXIT agreement to such an extent, that in all likelihood, it is no longer BREXIT at all.  Shadow Secretary, Emily Thornberry, went even further tweeting that Theresa May’s prposed deal be put forth before the public, and if they don’t accept it then it is a slam dunk to “remain”!

If it sounds like Blackmail, it probably is blackmail.

One of the major concerns regarding BREXIT is the impact it will have not on the UK, but on the European Union.  Not only is the UK a positive contributor, but with Germany’s growth staggering close to the point of recession, and France embroiled in a budget row excluding the demands of the Yellow Vests, who is going to fund the globalists?

What is interesting is the timing.  Theresa May has implied she will be stepping down from her role this summer.   If in fact a no deal is allowed and an extension is not requested or approved, May will go down in history as the cause.  If an extension is added to the March 29 deadline for three months as Juncker is hinting, that deadline would align with May’s predecessor taking over.   If May is just borrowing time, the resulting chaos that would engulf the UK would coincide with her quick flight to lala land.

The end result would be the sanctioning of the UK by the EU Commission, or an automatic remain injunction, both of which would send shockwaves and likely result in massive protests.

Given the Leave contingent are representative of conservative political ideologies, it follows that the Socialists are the remain.  Socialists dominate the EU Commission.  Germany is a highly Socialist state and Merkel has been at the helm to denounce any negotiation proposal brought forth by May.  Reconfiguring the costs that were born by the UK and distributing them proportionally to the remaining EU members will put Germany in the forefront to absorb the greatest proportion.   Given Germany’s economy has shown signs of cracking, the burden is enough to pull Germany into a recession.  And if Germany falls, the EU falls.

Hedge Funds are poised to react quickly to buy or short the pound, and the profits will revert to those holding the puppet strings.   But until the game is over, everyone is poised, hand ready to hit the red button – sell or buy…