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Old 09-22-2018, 02:31 PM
Danny B Danny B is online now
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,603
Brexit, the Death Star

Americans tend to focus inwardly. That just isn't enough these days.
November is shaping up as a Panic Cycle in the Euro, not in the share market. In the Pound, we have a Directional Change and a Panic Cycle in October. " Armstrong
About that panic cycle., Brexit won’t be over by 29 March 2019.
Britain will legally leave the European Union on that date.

Teresa May went to the EU with a plan.

*MAY: NO DEAL IS BETTER THAN BAD DEAL
*MAY SAYS UK, EU AT AN IMPASSE
*MAY: MUST CONTINUE TO PREPARE OURSELVES FOR NO DEAL
*MAY: WILL NOT OVERTURN RESULTS OF REFERENDUM
https://www.zerohedge.com/news/2018-...ck-brexit-plan

Things are just not working out, https://www.spectator.co.uk/2018/09/...-blind-brexit/
Several articles on the subject.
https://www.independent.co.uk/topic/hard-brexit
Don't forget the Irish, https://www.express.co.uk/news/polit...u-leo-varadkar

Nor, the Scottish, https://www.express.co.uk/news/uk/10...affic.outbrain
About that panic cycle. November is shaping up as a Panic Cycle in the Euro
The Brits are trying to get out of the EU before the Eurozone banks crash.
In the Pound, we have a Directional Change and a Panic Cycle in October
So, the Pound does a big change in October and the Euro goes into a panic in November. Do the European banks crash in November? Does Draghi stop QE in November? Do the Italian banks crash in November?
Tusk is playing hardball with May. The rumors say that QE absolutely must be stopped by December. Hardball comes to an end when the Italian banks are a smoldering ruin and capital is fleeing.
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