Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Brexit is Getting the Blame: It is Not the Most Important Problem, Mounting Problems in the European Banks Facing Markets

June 21, 2016 by mosesman

Euro_collapse_democracy_crush

  • Brexit is Getting the Blame
    by https://www.goldmoney.com/
    Brexit is not the most important problem facing markets, it is mounting problems in the European banks. 
    –
    But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before the referendum.
    –
    In the run-up to Britain’s referendum on 23rd June, the Treasury was tasked with modelling the economy, post Brexit. The result was George Osborn claimed that a Brexit vote could cost every household £4,300. This is the underlying reason that markets, allegedly, are frightened of Brexit.
    –
    One suspects that if the Treasury models had suggested there is little cost to leaving, the result would have not been published and George Osborne would have contrived a different argument. Anyway, we all know that econometric models suffer from garbage in, garbage out, but the Treasury is meant to be authoritative and trusted. However, a new paper by Professor David Blake of the Cass Business school points out “the extraordinary abuse of economic models in the EU Referendum debate”, and he is moved to term the two Treasury reports that gave the Chancellor his facts as “dodgy dossiers”.i
    –

    Any good Austrian economist can tell you why economic models do not work. Without going into it here, models should simply be disregarded. Professor Blake’s paper exposes the techniques, as well as the statistical assumptions, employed by the British government when using econometric modelling to frighten voters into voting to remain. Separately, a new book co-authored by Dr Radomir Tylecote and Sir Bill Cash charts the history of the EU project, from America’s post-war strategy, implemented through the American Committee on United Europe in 1948, with strategic assumptions that persist to the present day.ii
    –
    The paper and the book taken together expose the truths withheld or obscured by the British government at the time of the first referendum, and the use of a similar approach today. This time, the vested interests and scare tactics used by the government appear to have begun to smell to the electorate like a long-dead rat. Instead, ordinary voters are more worried about the high levels of immigration and the strains placed on health and education services, the housing shortage, and the suppression of wages.
    –
    read more.
http://www.express.co.uk/news/politics/679337/EU-referendum-Donald-Tusk-Brexit-destruction-of-Western-political-civilisation
Fear mongering or attempt to place all the blame on the coming collapse on BREXIT, by this EurocRAT? Click on image for article.
http://www.theguardian.com/business/2016/jan/12/beware-great-2016-financial-crisis-warns-city-pessimist
Click on image for article.
http://www.ibtimes.co.uk/societe-generale-seconds-rbs-doomsday-prophecy-predicts-collapse-eurozone-1537621
Click on image for article.

end

Post navigation

Previous Post:

REALIST NEWS: Elites Conduct a Six Hour Satanic Ritual In Plain Sight

Next Post:

Alaska, Finland, China, Russia, New York State JUNE SNOW Crop Losses Follow | Mini Ice Age 2015-2035

Pages

  • About

Recent Posts

  • Michelle Bachmann: Global Government Is In Its Final Stages
  • Gerald Celente Exposes False Flags that Led the US Into Useless Wars
  • VIDEO: Ex UN Executive Director Exposes Child Trafficking of Globalist Elite
  • King Charles | What Is King Charles Talking About? “We Need a Vast Military Style Campaign…With Trillions As HIS Disposal far Beyond Global GDP.” – King Charles
  • ART | Is ART Being Used to Advance Satanism In America Today? Are Katy Perry, Lil’ Nas X, Sam Smith, Christian Bale, Black Jack, Bob Dylan, Beyonce, Taylor Swift, Hollywood, the Music Industry Intentionally Advancing the Satanic Agenda?
  • Dollar Collapse | BRICS Is Expanding Rapidly!!! Soon to Add Saudi Arabia, the United Arab Emirates, Egypt, Algeria, Argentina, Nigeria, Mexico, et.
  • WOKE Companies PUSH SATANIC Agenda: TARGET FEELING PRESSURE AS LGBT Clothing Outrages Parents
  • LIVE @6PM: RIGGED [AGAINST YOU]: The Debt Ceiling Debacle
  • Uncensored: Globalists Prepare Electricity, Cyber Shut Down as People Demand WHO Exit
  • Boris Johnson Pressured Zelenskyy to Ditch Peace Talks With Russia: Ukrainian Paper
  • Zero Young Healthy Individuals Died of COVID-19, Israeli Data Show
  • Majority of COVID Hospital Deaths Were Due to Untreated Bacterial Pneumonia
  • Brighteon Broadcast News, May 29, 2023: Medvedev Guarantees Russia Will NUKE America If Biden Deploys F-16s
  • Putin And China Just Scored a Devastating Blow to the U.S. And Europe | Redacted with Clayton Morris
  • Monthly Wrap Up with Michael Oliver & Craig Hemke – May 2023
  • America’s Slow Decline & The Rise Of The BRICS | Matthew Piepenburg
  • Bank Crisis Will Escalate: Gold & Silver is Your Insurance!
  • 🔴 The BRICS Bloc’s Expansion: Saudi Arabia To Join In 2023
  • LEAKED! Banks Are Receiving Trillions Via backdoor bailouts while People’s Living Standards Collapse
  • U.S. Postal Carrier: “19 People Have Died on my Mail Route in Last 4 Months”– Vwax Jaxbbed!

Archives

  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
June 2016
M T W T F S S
« May   Jul »
 12345
6789101112
13141516171819
20212223242526
27282930  
© 2023 Socio-Economics History Blog | WordPress Theme by Superbthemes