By Kevin Dowd | Tuesday July 19, 2016 at 6:19 PM PDT | Comments Off on Decisive Brexit Referendum: What Happens Next? Part 3: Bust Banks, Banksters, & Bailouts
[See Part 1 Here and Part 2 Here] A lot has happened since my last posting on the June 23rd Brexit vote. A new government in the UK, the petition for a new referendum vote has been exposed as a scam, most markets have stabilized as anticipated and the Labour Party civil war over...
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Tags: bailout, Bank of England, David Folkerts-Landau, Deutsche Bank, EU, European Union, Eurozone, FDIC, German/ECB/EU, Global Financial Crisis, Keynesian economics, Labour Party, Matteo Renzi, Parliament, Stability and Growth Pact, Unicredit
By Kevin Dowd | Sunday June 26, 2016 at 5:19 PM PDT | Comments Off on Decisive Brexit Referendum: What Happens Next? Part 1: UK Politics
[See Part 2 Here] Thursday, 23 June 2016, will go down in history as the United Kingdom’s own Independence Day. American readers will hopefully appreciate the irony. The take-home message is that people in the UK lost confidence in a complacent and corrupt European Union (EU) elite that wouldn’t listen to them and was...
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Tags: Bank of England, Boris Johnson, British Parliament, Conservative Party, Constitution, Daniel Hannan, David Cameron, decentralization, Douglas Carswell, England, European Union, Europhile, Euroskeptic, George Osborne, House of Commons, House of lords, independence, Jacob Rees-Mogg, Jean-Claude Juncker, Jeremy Corbyn, John Major, kleptocracy, Labour Party, Leaves, LIttle England, Margaret Thatcher, Mark Carney, Mark Reckless, Nanny State, Nigel Farage, Nigel Lawson, Norman Tebbit, Peter Lilley, populism, Remains, secession, self-government, Syed Kamall, UKIP, United Kingdom, welfare state