I don’t know how fast, admin. They have amazed me at their ability to keep the wheels from flying off thus far. Just when I think the can can’t possibly be kicked again, there it goes. I haven’t seen anything that leads me to believe its imminent(next two years) but Id love to be proven wrong on this one.
It depends on a couple factors. Britain wasn’t a EMU (euro currency) country. Once one of them leaves, it will probably spread pretty quickly. When that happens is dependent on a few things. I think the PTB will make this as painful as possible on Britain, while hammering home that “we told you so” in the media, constantly. This isn’t so much to rub it into the Brits faces, but for the common people of other EU nations thinking about leaving. “Pour le encourager le autres” as Voltaire said. What this means for us is a lot more volatility in world markets. Watch for the Pound to take a few more poundings as well. How effective this campaign is will determine the success of the “exit” campaigns in other countries.
See how fast the UK got down graded? An invitation to stay if ever I saw one. They are getting financially battered until submission. I don’t see it holding up, rather I hope it doesn’t hold. Imagine that round of trades.
I don’t know how fast either but am confident that within a year of the end of the global credit cycle, it will be history. Along with a lot of other institutions, companies, people and places.
Not sure how the winner would collect if’n I’m right, @Francis Marion.
DaP
Crimson Avenger
June 27, 2016 11:34 am
People used to believe that no one could run a 4 minute mile, that it simply wasn’t possible for the human body. Someone hit 4:01 in the 40s, which stood for nine years until Roger Barrister broke the 4-minute barrier in 1954. After he proved it was possible, someone else did it a few months later, and the number of people doing the same grew rapidly.
Same thing with leaving the EU. People didn’t think leaving was realistic or possible. Now that a country has actually done it, others will surely follow. The EU is toast, probably within the next two years.
AnarchoPagan
June 27, 2016 12:22 pm
I expect the EU to collapse by September at the latest. The next step down will come when the IMF refuses to bail out Greece again in July.
Bea Lever
June 27, 2016 12:22 pm
The Dow is down-258. Does that mean the EU is dead and the elites have lost control? Does it mean they are fleecing sheep and it’s business as usual?
Post an article from a Brit paper, written by some journalist elitist, about some fucken superstate fantasy. Yeah …. cuz, you know, the Euro worked so swimmingly well. What could go wrong??
But, to answer your question — if such a state were to be formed, then you wouldn’t believe it until ………. wait for it ……….. there were pictures . After that, you would then assign to it some conspiracy — perhaps to an alien race of lizards from outer space as prophesied in the Bible long ago.
Stucky- Take it up with Drudge Report as their BIG story, mkaaay. I am just the messenger, don’t shoot me.
OBTW- Project Blue Beam is not scheduled til next year……….stay tuned. 🙂
Swamp Fox
June 27, 2016 12:34 pm
It isn’t just the EU that’s collapsing, the world is going down for the count.
Academics have run the country’s projected future into the pits of hell, because they get grants from the government that directs the outcome of their studies before they start. We have a bunch of idiots running the government, their myopia and psychopathic demand for control is a sickness that we all must now suffer from too. Our future is projected by those whose minds are broken. Can we expect any better than this outcome?
Yes, the EU is finished if the realization is the real issue is CLASS WARFARE,
(the one the 99% is losin’), and not the failure of people to adapt to “globalization” (which is the nice word for it the talking heads would like you to believe).
Bea Lever
June 27, 2016 12:43 pm
From the above linked article-
“Under the radical proposals EU countries will lose the right to have their own army, criminal law, taxation system or central banks , with all those powers transferred to Brussels”.
EU is like the US was 156 years ago (Brussels = WDC/Lincoln). Brussels will try to coerce the Nation States to stay together with “bribe/grant” money and with force (actually, WDC hasn’t changed that here yet). I hope the people of the European States fair better than we (The South) did.
The money that was being used for bribes was of limited supply and it was clear to recipients that their vig was far less than their ‘donation’.
The typical Euro-resident is now seeing their taxes going to benefit ‘the other’ at the same time that their currency is losing buying power.
Just sayin’…
Da P
harry p.
June 27, 2016 1:36 pm
hopefully, let’s get this shitshow underway
IndenturedServant
June 27, 2016 1:57 pm
I think it will fail but the cocksucking elitists are going to be pulling all the stops to keep it going as you’re now seeing over the BREXIT. The EU was/is simply a test case for implementing a global new world order and one world currency. Their wet dream is for us to all be living under one global set of laws made by un-elected and unaccountable bureaucrats because the arrogant fucks believe they run our lives better than we can.
Several years ago I said that I believed that TPTB shot their wad a bit too early to pull off their master plan. If they had waited just 10-20 more years it would have be much easier. They might still pull it off but it’s going to be an uphill struggle.
jamesthewanderer
June 27, 2016 2:05 pm
Yes, it will fail for reasons that have nothing to do with Brexit. Increasing complexity, decreasing flexibility, inability to cope with random and stray inputs outside programmed parameters – the EU is a badly designed control system, inadequate for the purpose of governing wildly variable countries with reality-based problems that do not conform to ideology.
Bob
June 27, 2016 2:28 pm
It most likely will splinter into pieces, with the original core (Belgium, France, Germany, Luxembourg, Netherlands) remaining together. Timing will depend on a host of factors.
I am that France and the Netherlands probably won’t “stick”. The politics in both countries is almost completely devoid of centrists. Watch soon for both polar sides to wake up.
I suspect it will fail for one reason. The Northern EU Nations (Germany, France and a few lesser lights) are already sick and tired of shipping Euros to Portugal, Spain, Greece and Italy.
Without Britians’ contribution, they will have to donate more. Bad cess to them all.
As citizens of the productive countries get weary of supports the sloths of the South, it will fall apart.
May take a while – but not too long..
Muck
RCW
June 27, 2016 3:17 pm
Letting loose the lunatics – wasn’t the greatest of ideas
Giving them plans and money to squander –
Should have been the worst of our fears
The dream life luxury living was a pleasant No. 10 whim,
But somewhere down the line of production
They left out human beings
They were gonna build communities
It was going to be pie in the sky –
But the piss stench hallways and broken down lifts
Say the planners dream went wrong…
Paul Weller – The Jam
kokoda
June 27, 2016 5:00 pm
Yes, but I prefer M. Armstrong’s target of 2029 for EU becoming extinct.
My thinking is that the EU will continue to exist but with a smaller number of states.
Chris P
June 27, 2016 5:09 pm
I think banks around the world will come together and continue down the one world order. They are not going to give up because of some sheep vote.
Westcoaster
June 27, 2016 5:22 pm
The EU will fall right along with NATO. And maybe the U.S. will learn to keep its hands to itself.
Bea Lever
June 27, 2016 6:23 pm
There is chatter that the Chinese are in control of Deutsche Bank as it has gone bust. The usual suspects made a killing last Friday, Rothschild made 2.5 trillion shorting the markets and going into gold.
The UK went belly up and was first out of the gate as they could no longer keep the wheels on the bankrupt bus. I have been wondering how DB was not the trigger……..now we know.
MuckAbout
June 27, 2016 7:56 pm
The Shit Has Yet To Hit The Fan in any quantity.
The PTB will be rushing around to attempt to hold GB in the EU (revolt in Parliament, ignore the voters, etc.) and will fail.
Over the next months, markets world wide will start coming apart as this makes a good trigger pull to start the next depression.
Muck
Llpoh
June 27, 2016 8:59 pm
I think French elections in 2017 may be the death knell. If Le Pen wins, swept in by a tide of nationalism, then I suspect it is over for the EU.
I do not see Germany pulling the pin. They are owed too much, and benefit enormously by the euro.
jamesthewanderer
June 27, 2016 10:45 pm
Llpoh, I doubt anyone or any single event will crater the EU. It will probably be a combination of Taleb’s black swans (or maybe a whole flock!) but the EU is unstable by design, so it may only take one.
Islamic immigration might do it alone. Financial chaos from interdependency and weakness might do it. Sheer rebellion from the over-regulated and downtrodden might do it. And something we don’t even see yet might do it.
Whatever does it will be beyond EU control, pretty much by definition. And I don’t see Germany’s LEADERS doing it, I agree they’re too invested. But the German people, on the other hand …
Yes. Faster than anyone expects.
I don’t know how fast, admin. They have amazed me at their ability to keep the wheels from flying off thus far. Just when I think the can can’t possibly be kicked again, there it goes. I haven’t seen anything that leads me to believe its imminent(next two years) but Id love to be proven wrong on this one.
It depends on a couple factors. Britain wasn’t a EMU (euro currency) country. Once one of them leaves, it will probably spread pretty quickly. When that happens is dependent on a few things. I think the PTB will make this as painful as possible on Britain, while hammering home that “we told you so” in the media, constantly. This isn’t so much to rub it into the Brits faces, but for the common people of other EU nations thinking about leaving. “Pour le encourager le autres” as Voltaire said. What this means for us is a lot more volatility in world markets. Watch for the Pound to take a few more poundings as well. How effective this campaign is will determine the success of the “exit” campaigns in other countries.
See how fast the UK got down graded? An invitation to stay if ever I saw one. They are getting financially battered until submission. I don’t see it holding up, rather I hope it doesn’t hold. Imagine that round of trades.
I don’t know how fast either but am confident that within a year of the end of the global credit cycle, it will be history. Along with a lot of other institutions, companies, people and places.
Da P
We should get a pool going on this one….
Not sure how the winner would collect if’n I’m right, @Francis Marion.
DaP
People used to believe that no one could run a 4 minute mile, that it simply wasn’t possible for the human body. Someone hit 4:01 in the 40s, which stood for nine years until Roger Barrister broke the 4-minute barrier in 1954. After he proved it was possible, someone else did it a few months later, and the number of people doing the same grew rapidly.
Same thing with leaving the EU. People didn’t think leaving was realistic or possible. Now that a country has actually done it, others will surely follow. The EU is toast, probably within the next two years.
I expect the EU to collapse by September at the latest. The next step down will come when the IMF refuses to bail out Greece again in July.
The Dow is down-258. Does that mean the EU is dead and the elites have lost control? Does it mean they are fleecing sheep and it’s business as usual?
Here is a real fly in the ointment…….
What do you guys think of this from Drudge?
http://www.express.co.uk/news/politics/683739/EU-referendum-German-French-European-superstate-Brexit
Riiiiiight.
Post an article from a Brit paper, written by some journalist elitist, about some fucken superstate fantasy. Yeah …. cuz, you know, the Euro worked so swimmingly well. What could go wrong??
But, to answer your question — if such a state were to be formed, then you wouldn’t believe it until ………. wait for it ……….. there were pictures . After that, you would then assign to it some conspiracy — perhaps to an alien race of lizards from outer space as prophesied in the Bible long ago.
Am I close?
Stucky- Take it up with Drudge Report as their BIG story, mkaaay. I am just the messenger, don’t shoot me.
OBTW- Project Blue Beam is not scheduled til next year……….stay tuned. 🙂
It isn’t just the EU that’s collapsing, the world is going down for the count.
Academics have run the country’s projected future into the pits of hell, because they get grants from the government that directs the outcome of their studies before they start. We have a bunch of idiots running the government, their myopia and psychopathic demand for control is a sickness that we all must now suffer from too. Our future is projected by those whose minds are broken. Can we expect any better than this outcome?
Swamp Fox,
You sound and seem oddly familiar…..
I was thinking the same thing…………..
Yes, the EU is finished if the realization is the real issue is CLASS WARFARE,
(the one the 99% is losin’), and not the failure of people to adapt to “globalization” (which is the nice word for it the talking heads would like you to believe).
From the above linked article-
“Under the radical proposals EU countries will lose the right to have their own army, criminal law, taxation system or central banks , with all those powers transferred to Brussels”.
Wow, just wow.
I read about the SUPERSTATE phase 45 years ago, looks like it’s ready for the roll out.
Sheep- 0
Brussels- 99
Go Sheep!
Clue for Stucky……………Brussels is “Winning”.
After Brexit, we will see:
Departugal
Italeave
Czechout
Finish
Byegium
Auswiedersehen
Netherregionalism
EU is like the US was 156 years ago (Brussels = WDC/Lincoln). Brussels will try to coerce the Nation States to stay together with “bribe/grant” money and with force (actually, WDC hasn’t changed that here yet). I hope the people of the European States fair better than we (The South) did.
Maybe @rhs, but one key difference…
The money that was being used for bribes was of limited supply and it was clear to recipients that their vig was far less than their ‘donation’.
The typical Euro-resident is now seeing their taxes going to benefit ‘the other’ at the same time that their currency is losing buying power.
Just sayin’…
Da P
hopefully, let’s get this shitshow underway
I think it will fail but the cocksucking elitists are going to be pulling all the stops to keep it going as you’re now seeing over the BREXIT. The EU was/is simply a test case for implementing a global new world order and one world currency. Their wet dream is for us to all be living under one global set of laws made by un-elected and unaccountable bureaucrats because the arrogant fucks believe they run our lives better than we can.
Several years ago I said that I believed that TPTB shot their wad a bit too early to pull off their master plan. If they had waited just 10-20 more years it would have be much easier. They might still pull it off but it’s going to be an uphill struggle.
Yes, it will fail for reasons that have nothing to do with Brexit. Increasing complexity, decreasing flexibility, inability to cope with random and stray inputs outside programmed parameters – the EU is a badly designed control system, inadequate for the purpose of governing wildly variable countries with reality-based problems that do not conform to ideology.
It most likely will splinter into pieces, with the original core (Belgium, France, Germany, Luxembourg, Netherlands) remaining together. Timing will depend on a host of factors.
I am that France and the Netherlands probably won’t “stick”. The politics in both countries is almost completely devoid of centrists. Watch soon for both polar sides to wake up.
Da P
I AM THINKING…
I suspect it will fail for one reason. The Northern EU Nations (Germany, France and a few lesser lights) are already sick and tired of shipping Euros to Portugal, Spain, Greece and Italy.
Without Britians’ contribution, they will have to donate more. Bad cess to them all.
As citizens of the productive countries get weary of supports the sloths of the South, it will fall apart.
May take a while – but not too long..
Muck
Letting loose the lunatics – wasn’t the greatest of ideas
Giving them plans and money to squander –
Should have been the worst of our fears
The dream life luxury living was a pleasant No. 10 whim,
But somewhere down the line of production
They left out human beings
They were gonna build communities
It was going to be pie in the sky –
But the piss stench hallways and broken down lifts
Say the planners dream went wrong…
Paul Weller – The Jam
Yes, but I prefer M. Armstrong’s target of 2029 for EU becoming extinct.
My thinking is that the EU will continue to exist but with a smaller number of states.
I think banks around the world will come together and continue down the one world order. They are not going to give up because of some sheep vote.
The EU will fall right along with NATO. And maybe the U.S. will learn to keep its hands to itself.
There is chatter that the Chinese are in control of Deutsche Bank as it has gone bust. The usual suspects made a killing last Friday, Rothschild made 2.5 trillion shorting the markets and going into gold.
The UK went belly up and was first out of the gate as they could no longer keep the wheels on the bankrupt bus. I have been wondering how DB was not the trigger……..now we know.
The Shit Has Yet To Hit The Fan in any quantity.
The PTB will be rushing around to attempt to hold GB in the EU (revolt in Parliament, ignore the voters, etc.) and will fail.
Over the next months, markets world wide will start coming apart as this makes a good trigger pull to start the next depression.
Muck
I think French elections in 2017 may be the death knell. If Le Pen wins, swept in by a tide of nationalism, then I suspect it is over for the EU.
I do not see Germany pulling the pin. They are owed too much, and benefit enormously by the euro.
Llpoh, I doubt anyone or any single event will crater the EU. It will probably be a combination of Taleb’s black swans (or maybe a whole flock!) but the EU is unstable by design, so it may only take one.
Islamic immigration might do it alone. Financial chaos from interdependency and weakness might do it. Sheer rebellion from the over-regulated and downtrodden might do it. And something we don’t even see yet might do it.
Whatever does it will be beyond EU control, pretty much by definition. And I don’t see Germany’s LEADERS doing it, I agree they’re too invested. But the German people, on the other hand …