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How are the Davos Crowd/Global Deep State going to prevent Brexit from happening on Jan 1, 2021?

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NO ONE GETS OUT OF HERE ALIVE (PART TWO)

In Part One of this article I exposed the numerous false narratives being peddled to the masses, as this Fourth Turning is entering the intense phase headed towards an unknown climax.

Image result for false narrative

I’ve been expecting the next shoe to fall in this Fourth Turning for years, but the financial elite have pulled the debt levers to keep the Ponzi scheme alive far longer than a reasonable person would expect. We are only six weeks into 2020 and it seems like a year’s worth of major events have already occurred. The year started with the assassination of Qasem Soleimani in Iraq.

For the next week the world was awash in rhetoric about World War III and possible revolution in Iran. Accusations of Trump using the Wag the Dog method to deflect the negative press from the impeachment hearings were rampant among the half of the country that despises Trump. Soleimani was lauded as a hero by the left and a terrorist by the right. Now, the entire episode seems like ancient history, as more interesting squirrels have arisen for the propaganda media to chase.

The entire month of January was occupied by the ongoing coup/impeachment against Donald Trump. Schiff, Nadler and Pelosi doing their best impression of the three stooges, conducted a laughable prosecution in the House, revealing this was nothing more than a desperate attempt to avoid losing to Trump in a November landslide. The predictable trial in the Senate resulted in an acquittal and Trump’s popularity soaring to all-time highs, as independents realized the Democrats misused the power of impeachment for purely political purposes. Trump’s SOTU address infuriated Pelosi to such an extent it provoked her into acting like a petulant child, tearing up the speech. Future campaign ads wrote themselves.

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Millions Drop Dead As Brexit Finalized

Via The Babylon Bee

UNITED KINGDOM—As Brexit was finalized today, millions of Britons instantly dropped dead.

“Upon returning to the dystopian nightmare of self-determination and not being ruled by an elite group of unelected bureaucrats, millions died on the spot,” said an NHS spokesperson. According to official reports, millions gathered to scream at the sky but instantly died instead. “It is as though millions of voices suddenly cried out at once but were suddenly silenced.”

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Will the Secessionist Epidemic Ever End?

Guest Post by Pat Buchanan

Will the Secessionist Epidemic Ever End?

If the secessionism epidemic is to someday expire, then its causes will have to be addressed. And what are they?

Fresh from his triumphal “Get Brexit Done!” campaign, Prime Minister Boris Johnson anticipates a swift secession from the European Union.

But if Britain secedes from the EU, warns Scotland’s first minister Nicola Sturgeon, Scotland will secede from the United Kingdom.

Northern Ireland, which voted in 2016 to remain in the EU, could follow Scotland out of Britain, leaving her with “Little England” and Wales.

Not going to happen, says Boris. His government will not allow a second referendum on Scottish independence.

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Farage’s High Risk Strategy for Brexit

Guest Post by Tom Luongo

farage-brexit

Nigel Farage has thrown down the gauntlet to Boris Johnson over the election strategy. Johnson has refused.

Of course he did. Farage made an offer Johnson couldn’t accept, ditch the Withdrawal Treaty he just negotiated with the EU and truly campaign on a far harder Brexit than Johnson has ever advocated for.

If he doesn’t do that face Farage’s Brexit Party standing candidates in more than 500 seats and potentially split the Leave vote.

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The Peasants’ Revolt

Guest Post by Jeff Thomas

In 2016, James Delingpole commented that toffs hate Brexit because it’s the Peasants’ Revolt.

For non-British readers, the word “toff” is a shortened form of “toffee-nosed,” a slang term for the rich or upper class. But more important is the reference to the Peasant Revolt of 1381, which is little-known on the western side of the Atlantic.

In fourteenth century England, the cost of ongoing warfare placed politicians in a situation in which they either had to concede the war, cut their own emoluments, or increase taxation significantly. As politicians always do, they chose the latter.

Revenue from the resultant poll tax proved to be less than anticipated, as large numbers of people found ways to evade the tax. The tax commissioners were then given wide latitude in the methods they chose to facilitate collection.

As is almost always the case, whenever authorities are given too much latitude, they use it abusively.

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REACTION TO THERESA MAY’S RESIGNATION

FARAGE ON BREXIT

A BIASED 2017 FORECAST (PART ONE)

“The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.”Daniel Kahneman, Thinking, Fast and Slow

 

A couple weeks ago I was lucky enough to see a live one hour interview with Michael Lewis at the Annenberg Center about his new book The Undoing Project. Everyone attending the lecture received a complimentary copy of the book. Being a huge fan of Lewis after reading Liar’s Poker, Boomerang, The Big Short, Flash Boys, and Moneyball, I was interested to hear about his new project. This was a completely new direction from his financial crisis books. I wasn’t sure whether it would keep my interest, but the story of Daniel Kahneman and Amos Tversky and their research into the psychology of judgement and decision making, creating a cognitive basis for common human errors that arise from heuristics and biases, was an eye opener.

In psychology, heuristics are simple, efficient rules which people often use to form judgments and make decisions. They are mental shortcuts that usually involve focusing on one aspect of a complex problem and ignoring others. These rules work well under most circumstances, but they can lead to systematic deviations from logic, probability or rational choice theory. The resulting errors are called “cognitive biases” and many different types have been documented.

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The Fury of the Central Planners

Guest Post by The Zman

When I was out in the provinces last month, I watched a bit of the BBC and SkyNews. One of the things I found humorous about the news coverage was the hyperventilating about Brexit. Every story had a Brexit angle, even the local interest stuff. The general impression I got from the news presenters was that they were having a tough time keeping it together. At any moment they could break down into sobbing over the horrors of Brexit. If you did not know better, you would think Brexit was code for re-opening Auschwitz.

All the prophesies about the disasters that would befall the world, if the snaggletoothed yokels voted to leave Europe, have not come to pass. In fact, the early returns suggest it has been a net positive for the Brits. Time will tell how it all unfolds as there is a lot that has yet to happen. Even so, the results thus far are making the Remain side look rather foolish. Instead of accepting this reality, the true believers are carrying on like Godzilla is about to cross the Channel and attack London, because of Brexit.

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Opinion Infected by Bias

Guest Post by Martin Armstrong

 

Friedman-sand

Spock

Experience is everything. You cannot forecast something you have never seen, but opinion is fallible because we are all infected with that human trait of being fallible. I have learned so much from the computer. This is the importance of real cognitive adaptive computer systems. They have no emotion or bias so they are objective. In a way, they are like the character Spock from “Star Trek.” If someone believes that paper money is the great evil, then they will be blind to all other influence and look no further. Concluding that the evil is paper money, means they consider nothing else when in fact it is the fiscal mismanagement of the monetary system irrespective of what society uses for money. This is why a gold standard would not work and has failed historically every time just like Bretton Woods. It has nothing to do with the medium of exchange. It is always about those in charge. Milton Friedman said if you put the government in charge of the Sahara Desert, there would be a shortage of sand in no time. Investigating the truth requires abandoning all bias.

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Doug Casey on “Brexit”

Guest Post by Doug Casey

On June 23, the UK had a referendum in which 52% of voters opted to leave the European Union. I applaud Britain for leaving the corrupt, costly, and dysfunctional EU. It may be the best thing that’s happened to Europe since the end of World War 2. And, I think, it signals the start of some major new trends.

In principle, the idea of the European Union sounded good. All the signatory countries joined a customs union so goods and people could flow freely.

The idea was to both increase general prosperity and decrease the chances of another war. It sounds very libertarian—in principle. But in practice it turned out very differently. And may wind up doing the opposite of its intended purpose.

Europeans could have had all the benefits of free trade simply by eliminating all import duties and quotas—a very simple and costless solution. Having duties and quotas amount to putting your own country under embargo. They increase the costs and decrease the availability of foreign goods and services; that lowers a country’s competitiveness while decreasing its standard of living. It sounds insane.

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ALL TIME HIGHS

The stock market has reached new all-time highs this week, just two weeks after plunging over the BREXIT result. The bulls are exuberant as they dance on the graves of short-sellers and the purveyors of doom. This is surely proof all is well in the country and the complaints of the lowly peasants are just background noise. Record highs for the stock market must mean the economy is strong, consumers are confident, and the future is bright.

All the troubles documented by myself and all the other so called “doomers” must have dissipated under the avalanche of central banker liquidity. Printing fiat and layering more unpayable debt on top of old unpayable debt really was the solution to all our problems. I’m so relieved. I think I’ll put my life savings into Amazon and Twitter stock now that the all clear signal has been given.

Technical analysts are giving the buy signal now that we’ve broken out of a 19 month consolidation period. Since the entire stock market is driven by HFT supercomputers and Ivy League MBA geniuses who all use the same algorithm in their proprietary trading software, the lemming like behavior will likely lead to even higher prices. Lance Roberts, someone whose opinion I respect, reluctantly agrees we could see a market melt up:

“Wave 5, “market melt-ups” are the last bastion of hope for the “always bullish.” Unlike, the previous advances that were backed by improving earnings and economic growth, the final wave is pure emotion and speculation based on “hopes” of a quick fundamental recovery to justify market overvaluations. Such environments have always had rather disastrous endings and this time, will likely be no different.”

As Benjamin Graham, a wise man who would be scorned and ridiculed by today’s Ivy League educated Wall Street HFT scum, sagely noted many decades ago:

“In the short run, the market is a voting machine but in the long run, it is a weighing machine.”

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