Stock Market is crashing
For those with eyes to see & ears to hear.
Good luck
https://www.youtube.com/watch?v=01k3bHSHRmM
RU I watched your video. Don't trust that internet guy. I'm not saying he's lying, I'm just saying he's wrong. The economy is fine, the stock market dip has to do with China, not the US.
1988LJ According to other videos on there, the dollar was supposed to collapse about four times over the last four years too.
btownguy One man's opinion only. And on YouTube, no less...doesn't take ANY real knowledge or credibility to be able to post a video on YouTube.
JerryG This guy sells precious metals and "research". He want's you to buy. A lot of what he says isn't accurate. What makes you want to believe what he says? Does he have any kind of predictive track record?
RAD It's been crashing and then some!!! I pulled a lot of my money and am gonna sit on the sidelines again and wait!!! I have made a bundle over the last few years and am gonna do it again!!!!
Mr.tone Corrections have recently been running every 7-8 years (2000 & 2007-2008) with several people predicting a major crash in 2015 (now 2016). Completely possible or not...
Bonv 
Some Guy (Art) "I'm not saying he's lying, I'm just saying he's wrong. The economy is fine, the stock market dip has to do with China, not the US."
China is definitely a problem, but the US economy is not fine. Years of TARP, other bailouts, and Quantitative Easing have inflated a massive bubble of cheap money debt. Likewise, the American people have followed in lockstep with the government where (excepting the years 2008-2009 when US consumers actually paid down some debt) personal debt levels have risen to all time highs.
They key to our economic survival is based on people purchasing things. As heavily indebted as most people are, all it takes is for the markets to spook investors and interest rates to rise so debt payments become impossible to repay and purchasing will significantly slow down. I believe we are seeing that already to some extent. Then the whole economy grinds to a halt. Except it would be worse because this time the Federal Reserve (and Central Banks throughout the world) are all out of ammo. There would be very little they could do to prop up a failing economy.
You might look at some of these talking heads as chicken little, but even a broken clock is right twice a day. It isn't a matter of if the economy is going bust....it's a matter of when.
eperot The RBS is telling people to sell everything except high quality bonds. That is scary to me.
Does anyone have James Dale Davidson's book "The Age of Deception"?
happiest girlDid I miss something? The most pressing thing they had to talk about, while I had Fox News on last night, was Ted Cruz complaining about Trump's "New York values."
Cruz then apologized to the millions of people of New York for the liberal politicians who have failed them ... yeah, really riveting stuff.
Yep, I've got loads of confidence that they are the answer to our problems.
Andy Loigu stock mark is crashing, says YouTube video. Hackettstown Life reacts. Same old story at 11!
iRun 
The Man 
MK I'm with The Man - time to buy. That's the first half of "buy low, sell high". How can you buy low if you don't buy while the market is down? I don't get the people that sell when the market drops (corrects). Seems to me they are just locking in their loss.
Liberals just hate Fox because it's the only major conservative news source. Literally everything else is liberal.
Well, when one of the largest global banks in the world is telling it's clients to sell all their stocks I sit up and take notice.
In a perfect world (a fantasy land??) news sources would be objective and not slant the news to either the right or the left.
Sometimes I find the least objective view on BBC America.
CNBC would be a better source to find out what is going on in the stock market than some mentioned. I'll have to check out BBC news. Worst thing you can do is sell at this point. Time to buy. It will go back up at some point. The big question is when.
It is not the time to buy. Stocks will lose alot in the coming months. Perhaps 50-70% according to financial expert James Dale Davidson.
On CNBC a lot of people were saying it may go down lower before it bounces back up. Oil prices continually going down is another factor in the decrease in stock prices.
+++for bbc and CNBC. If you averaged out all the slanted need you would get the truth!
That one always gets me. Lower oil prices crash the market. I mean I can understand a energy sector short term hit. But doesn't a lower COGS mean more margin, lower prices, and increased consumer demand? And if oil is used to make almost everything shouldn't we be in happy city.
If not, hold on to your chair because Iranian embargo lifted today and their oil is about to hit the open market.
Then again Iran is about to spend billions in frozen assets so that's a market plus. Maybe.
The irrationality of the market is the one pure truth.
Strangerdanger From what I heard, a large portion of the US is actually saving more money as a result of cheaper gas, and not actually spending it. Go figure. That may not last long term though. Also, the stock market does not reflect 100% actual economic market conditions. There are a lot of people who buy and sell at inappropriate times, based on fear, etc.
Financial expert Btown Guy says that stocks will rise another 200% in the next two months. It's time to buy.
Still like keeping my investments warm under the mattress. Every time I sleep the interest rate doubles
CraftBeerBob 
sparksjbc1964 Ok - you like CNBC?
Richard Fisher a voting Governor at the Federal Reserve Bank - indicates the Market is rigged - was front loaded!
Peace out
https://www.youtube.com/watch?v=7nuzT3rchPU
Still Nasdaq took the hardest hit at just over 4% --- no worries, just a correction, now if we have a couple of days of it then I'd worry....
trekster3- Definite buying opportunity- also if you guys do Forex pounds sterling are deeply discounted as well
skippy GBP may not be so good depending on some even worse economic decisions later on. Scotland leaving to go back into the EU could hurt them even worse.
A one time correction won't be so bad, but additional Eurexits could sure make for a sustained rough road. That I'd be very concerned about.
GC I still have GBP and would steer clear of that investment for a while. I think it will be a long road ahead for it to bounce back. Otherwise, the market should hopefully rebound but then again 2016 is a big correction year so maybe the rebound will happen in 2017. We know the presidential election (regardless of winner) will also be a jittery moment.
Northern Ireland vote was to stay in the EU. Maybe now they will do the sensible thing and become part of the Republic of Ireland, as it should be. :)
maja2 faber says bubble correction http://www.gloomboomdoom.com/
rangers FC fan here maja - those are fighting words :)
Things will bounce back, the British people made a smart choice, leaving the disaster Merkel is creating on the continent. Short term pain for long term gain. Once again they will be able to create and protect their borders the way they see fit, and not have to continue to support the failing socialist economies like Greece. Look for France, Poland, Sweden, and the Netherlands to eventually follow, then the entire EU will eventually collapse. Unfortunately for many countries their children and grandchildren will be living in very different countries, with the Muslim invasion Merkel encouraged, falling birth rates, and rising Muslim birth rates. Aufedersein to a way of life.
Interesting the only area in England to support staying in the EU, was London. I wonder why.
Top 10 boy’s names in London
Muhammad
Oliver
Alexander
Daniel
Joshua
James
Adam
George
Jack
Mohammed
Denis Actually many of the thriving cities/towns voted to remain including Manchester, Liverpool, Oxford and so on. The turnout by the older voters (+65) really made a difference for the leave campaign. http://www.newstatesman.com/politics/staggers/2016/06/how-did-different-demographic-groups-vote-eu-referendum
Having lived in the UK for several years, I think it will be very painful to unravel because the younger generation definitely availed itself of the EU perks including ease of taking positions in other countries. Hopefully Scotland will call another independence referendum and leave Britain behind.
I think the young people will be grateful when their older and can still recognize England as English.
Blue leave, yellow remain
kb2755 The power of birth rates over time. Not a very advanced way to influence the future but tried and true. Rather primitive indeed...
iJay 
Geedo My message to my European friends.
I believe it started with George H Bush starting nation building, That woke up a sleeping Giant. In the process bringing us over here to a broke nation of rich and poor. He was a part of the Bilderberg Group's " One world Order: and their goals. Then we elect a President living by the Alinski goals. I hope the theme continues over here for any hope of freedom reigning. IMHO.
Old Gent Glad to see the UK "Brexiting", hopefully it will eliminate the future muzlim majority you all are talking about. I don't have any stock investments and I'm not really a fan of Wall Street (I'm not some lefty but Wall Street types care more about their own personal wealth than the economy) so I'm all for Brexit. The scots and the drunken Irish don't know what they're doing.
The Muslim population (and speaking as someone who lived there) are coming in 100% legally and being granted visas and residency having nothing to do with the EU. If the UK government really was concerned and wanted to limit the #s then they should have stopped approving and granting visas. Brexit will do nothing on this issue. The Scots have every right for being angry since England really pushed the "we're stronger as 1 country and EU" when they had their independence reform not too long ago. I hope they push for independence and can perhaps set up Edinburgh to take the place of London (yea the London Financial Center has just crashed with Brexit).
Re: Brexit overall - short term a very bad decision since they did not have any plans in place in order to move forward. They called the referendum and many people voted to leave as an FU and worse about 20% of the younger voter didn't bother voting. Long term (15+ years) this will be fine but considering how many thousands have in essence lost their job that short term pain will be significant as it will be for the globe since this will kick up the global recession (which was right around the corner anyhow).
Bonv,
Sorry immigration was the defining issue..
http://www.bbc.com/news/uk-politics-eu-referendum-36574526
Bonv
I have relatives that have live and worked together for many, many, years. Have been to each other's countries and homes. Never a problem. But this is an invasion. Times are different.
Yes Brad2 immigration was one of the key defining issues but more importantly the fear mongering of immigration. Ultimately it worked but if the UK government doesn't change their laws then the immigration that was portrayed won't be impacted. Ultimately Brexit IMO was a failure in leadership by the EU Commission and UK representatives - they only have themselves to blame.
Old Gent - I think it is an issue too but the point is that it's not necessarily an EU issue.
Good or bad, the PEOPLE have spoken. Which is the way it's supposed to work.
Just like when Obama got elected.
Just like when Trump gets elected.
For better or worse, the VOICE OF THE PEOPLE is more important than pseudo-intellectual-ruling-class types' (and those who consider themselves "smart enough" to go along with them) opinions on the matter. Without the people's voice being heard, what's the point in votes of any kind?
JeffersonRepub 
Steven 
Mark Mc. Bonv you couldn't be more wrong, as Brad2 said immigration is the reason! Merkel opened the floodgates to a Muslim invasion, and then demanded the other EU countries take them in. The fact that Muhammad is the most popular boys name now in London should send chills down the spine of anyone hoping to a maintain culture, and a way of life centuries in the making. Migration is at the highest level ever in England, and it's dominated my non EU citizens. You have officials in Brussles who were not elected by anyone in England, telling them how to run there government. Calais is full of Migrants who constantly try to enter England illegally, again thanks to Merkel. Yes your right the Government does need to change it's immigration laws, and Brexit was a huge wake up call for the government that people won't put up with it anymore. Right wing parties are on the rise all across Europe. Trust me many more EU countries to follow, this is just the beginning of the push back.
No Denis I'm not wrong. The Brexit movement highlighted the fear of immigration that's been there since the BNP party began, the argument became the poster child for UKIP and was exasperated by the migrant crisis. So while the argument worked for some there were a lot of other reasons people voted to get out including lack of accountability by the EU Commission. On the other hand almost 1/2 of the population didn't agree with any of these arguments. Re: Calais that has been a problem for decades and a sore issue between France & UK for just as long. You're right though the right wing parties are definitely on the move just like the 30's.
Sorry Bonv but your actually agreeing with me, "The Brexit movement highlighted the fear of immigration" exactly! The only difference is I assume you think it's an unjustified fear, while I on the other hand think it makes complete sense. Re: Calais, it's now nicknamed "the Jungle" and is crime ridden, riot ridden, and filled with thousands of young male Muslim migrants looking to get into England. That not a decades old problem, that's a problem of Merkels creation.
Most of my family over there are in England Scotland France and Germany. I might say to begin with, all are believers,that I am in contact with. One cousin received the Order of the British Empire from the Queen. for his service to the Empire. When he was over visiting me about 8 years ago. We were discussing the world in the back yard. My neighbor died recently died. His family from all over the country were here.I told him how we all were discussing where we might move when we decided to get out. That was the first I knew there was others that thought about their future like I did. My cousin said. Thats funny he said. The wife and I had that discussion about 3 years ago, and decided they were to old to make the change. So this is not just a recent revelation. We knew this day had to come. Caesar has a big problem.
A message from the Gulch with JR
You ain't scene nothing yet!
The market is going to fall so far this year it will make your head spin - 75% would be my guess...
This whole fake Obama/Yellen/Clinton Economy - propped up by insane money printing...will be much much worse than 2008 cause the dollar is going down as well!
imo
Good day!
If you noticed Gold & Silver thru the roof - as I instructed years ago - if it ain't in your hand and is a piece of paper - you ain't got squat. Well maybe you can burn those dollar bills and stock certificates for heat this winter...thats what they will be worth...hold on they don't even send stock certs anymore.
Peace out
One is done with ballots and voting booths, and the other uses pitch forks and torches.
Voice of the People - give me a break - this world is run by bankers - they run your life!
I was in the middle of writing about fiat currency's and Nixon going off the Gold Standard and said nobody is going to understand it or just a few.
But really would implore people to buy physical Gold or Silver - if you can't afford that buy food cause it is going to get really really bad.
It would not surprise me if there was no election this year or it may be delayed due to Marshall Law - think its crazy it almost happened in 2008...
It will be dogs sleeping with cats - bad...go ask your grandparents about the Great Depression in 1929 will be much worse - cause back then we had no debt - now what is it 20 Trillion?
https://www.youtube.com/watch?v=zq7GVje4kz0
Yes, voice of the people- the PEOPLE voted. The "bankers" didn't. The people are getting what they voted for. You can believe the "bankers" are none too happy about Brexit.
As far as voice of the people vs mob rule, that's a good question, and a thin line. I don't know that you ever can really tell the difference. I mean, was it the voice of the people or mob rule that elected Obama? If you're a dem you'd say voice of the people. Or was it? Hmm.....
It is certain that the people have spoken, the question remains as to whether they knew what they were saying.
In the long run, no one knows. While Brexit is mostly seen as hurting Great Britain, there's an equal chance that it will have minimal effect. The chance of a huge economic uptick is also not probable.
There's also the chance for EU punishment with all the trade agreements and other EU agreements that will now need to be negotiated on a per country basis. Punishment is probably not probable.
The effect on Europe might be more catastrophic given GB was currently a stronger player with a stronger economy. No matter how you cut it, that's an economic loss to the EU. However the intangibles is what gets you and that's the huge no-one-knows on the table. For example, Britain was not on the Euro so there should be no effect on the monetary system. But who knows. Look at our stock market. Brexit is voted on, it might not take effect for two years, and we drop 600 points in one day or $3,000 from your 401K. That's an intangible biting you right in the butt.
For immigration, the big boogeyman, Brexit will have a an effect but not good enough. It cuts the free immigration from EU countries but your boogeyman was never free to do that anyway. If you are not a citizen of an EU country, you get a Visa to enter with all the restrictions that apply per country If you are staying less than 6 months, you can cross most borders. If you have staying longer and want to immigrate for more than six months, you need a Visa with all the restrictions that apply per country. They didn't need Brexit to stop EU Muslims from immigrating.
For non EU country immigration, Brexit has no effect so something more will have to be done there.
Muslim population is 5% in England, apparently Denis noting (no source though) that Muhammad is the top name in London would seem to indicate all Muslims are there..... all 5% of them. As far as the Muslims taking over in 2050, who cares. My experts tell me Global Warming will kill us all by 2049 :>) You got to love the source who after stating the sky will fall by 2050, quotes "This projection is based on reasonably good data." What a bogus claim that will never be able to be verified.
It's funny that one of the reasons the EU exists is because we exist. One of the US great economic advantages is the fact we are united. With a single money supply and freedom to cross state lines, our economy can adapt rapidly without the constraints of exchange rates and immigration restrictions. Example: in this last recession, gas prices soared making shale oil profitable. Suddenly there was mass "immigration" away from manufacturing states to oil producing states. Huge spikes in population and employment in those states while, because we are united, the pain was lessened (there was pain though) in states losing population. As the Arab states lowered prices, people started moving out from the oil producing states.
It all happens fairly smoothly allowing us to adapt rapidly. Europe could not do that before the EU so the supply/demand for human resources was constrained by the borders and whatever laws de jour were in place. England will fall back to that now and citizens may not be able to easily move where the opportunities are nor will expanding companies be able to find ready labor unless England already has it.
Here's a pretty good assessment from all sides, with actual facts underlying the assessments. http://www.ft.com/cms/s/2/0260242c-370b-11e6-9a05-82a9b15a8ee7.html#axzz4ChE5oEoV
Bottom line is who knows. At a macro level, all will work out. It's just that the pain for some individuals along the way might be extreme. A lot will depend on transition speed. If this thing takes 2 years to complete and it's a orderly transition then probably less effect than if they cut over in a few months. While Britain may feel effect, and they will and it will not be good, the real issue will be how hard it hits the EU. And no one knows but if the EU crumbles, that $3,000 loss will be a drop in the bucket and RU's gold will be far less valuable than JR's lead.
The people never have any say. Politicians are the worst criminals in the world along with the banks. The banks killed the housing market now they are killing our children with student loans. We are still in a recession. People are working 2 and 3 jobs just to keep their heads above water. There is no more American Dream, no more white picket fence. No more innocence, that was taken away since 911. I am one of the people that paid my bills and I am the one like others that the banks raised our interest rates. Its about survival. Your better off putting your money in the mattress, like our grandparents used to.
Mish Beside the money problem, who is going to defend these countries.That takes money also. Putin has a smile on his face. He already has Obama giving guns to some guys, and he is killing them.
SD you sure do like to pontificate. Yes the people have spoken you just don't like what they said. I'm not going to argue the economics of if, that's yet to be played out. I my mind and in the mind of many Englishmen economics takes a back seat to preserving a culture and way of life.
The 5% figure you site is for all of the UK, including Scotland Wales, and Ireland with much smaller Muslim populations. It was at 1% in 1981. Falling native birthrate, rising Muslim birthrate, you do the math. There are many towns in England where Muslims make up the majority. It's funny how you only mention falling oil prices as the reason people are moving out of the Arab states, nothing at all about Merkel saying come on in, we'll take care of you, and there can be no limits on refugees, ( migrants for the most part in reality ) What ever Germany can't take we will demand other EU countries take.
"As far as the Muslims taking over in 2050, who cares." Anyone with children or Grandchildren who is not totally self centered cares!
You all are too cynical.
The economy is alive and well as is the American Dream. September 11th was 15 years ago and the recession was 8 years ago. Muslims won't overtake Britain or Europe, nobody's going to let that happen.
Everything will be OK :)
The glass house I live in is one called not being a miserable sad person, and having an optimistic view on life. Why live life being depressed about the future?
Remember Y2K?
The world didn't end !!!!!!!!!!!
All those fools who spent their savings building high-tech shelters.
Did you actually read the article Denis? Because if the Brits voted to leave the EU because of " I(n) my mind and in the mind of many Englishmen economics takes a back seat to preserving a culture and way of life," then like I said: "the question remains as to whether they knew what they were saying."
As I noted, even as part of the EU, England could have stopped any immigration influx of a certain religion just by changing their own Visa laws. And Brexit does nothing to change non-EU immigration which at this point goes on as it was. So they screwed that pooch and ended up with a lot of economic woe instead.
For Merkel, I have asked you to explain, source, etc. because I have not a clue how Merkel affects England's immigration policies.
I have also asked you to source the background of your Muslim fears for England since that 5% Muslim population number is indeed for England and Wales, not Scotland and Ireland.
There is no doubt that England's Muslim population is growing, and is close to a majority in certain locations. But EU policies only affect half of that: http://www.dailymail.co.uk/news/article-3424584/Muslims-UK-3-million-time-50-born-outside-Britain-Number-country-doubles-decade-immigration-birth-rates-soar.html
And the EU policies that allow immigration are totally based on UK VISA stipulations, controlled by the UK.
I did find the source for your names: you left out some of the info....
Top 10 boy’s names in London
1.Muhammad 2.Oliver 3.Alexander 4.Daniel 5.Joshua 6.James 7.Adam 8.George
9.Jack 10.Mohammed
Top 10 girl’s names in London
1.Amelia 2.Olivia 3.Sophia 4.Isabella 5.Emily 6.Maya 7.Sofia 8.Mia 9.Sophie
10.Chloe
Thea, Darcie, Lottie, Nancy and Robyn were all new entries into the top 100 for girls. These replaced Niamh, Paige, Skye, Tilly, Isobel, Maddison and Madison. Aisha, Elsie, Heidi, Evelyn, Eliza, Georgia, Ivy and Darcey were all high climbers.
For boys, Ellis, Joey and Jackson were new entries in the top 100 for boys, replacing Evan, Aiden and Cameron. Kian showed the largest rise within the top 100, gaining 41 places to reach number 54. Teddy rose 20 places to 66 and Theodore rose 19 places to 59.
When you look at England and Wales, the name Muhammad drops to 14 with a total of 3 Muslim names in the top 100.
Now this name thing could prove that Muslims are taking over England and London. Or it could prove that English Muslims have zero creativity in naming boys with every bloomin boy named some form of Muhammad. Non-Muslims pick from 97 popular names; Muslims pick from 3 ---- and two are different versions of the same name ----- boring.... And for girls, either Muslims don't have girls or they are taking English names.....
So let's get back to demographics since you say Brexit was about that and economics takes a back seat although with the pound at a 31-year low I would say economics is riding shotgun now.....
When we look at immigration policies and the English feelings about them, amazingly where the immigrants are taking over, people have less fear of them. It's where the economy is repressed, where immigrants aren't located, that people fear them.
http://ourinsight.opinium.co.uk/opinium-blog/divided-britain-exploring-attitudes-towards-immigration
The facts are that Brexit itself will not stem immigration, but it will affect the economy. To change England's changing demographics, the English will need to change immigration laws outside the EU policies. That was true with or without Brexit.
@strangerdanger - you may like some of these articles: https://www.project-syndicate.org/onpoint/has-brexit-undermined-the-west-by-philippe-legrain-2016-06
Well, not liked enough to cough up my email address.... But I get the idea and he's right. Just like the Brits voted against the establishment as a protest, many not knowing the outcome, many other places could be 'a changin in ways not expected by the reasons for their vote.
That's why I was saying while the effect may be minor, over time, for Britain, the effect on Europe could be catastrophic especially if we see a domino effect. And like Britain, the facts may not sway the emotions.
A lot of this will be based on timing, The current two year plan will slow any adverse effect, speeding it up will may things more tumultuous, slowing it down will diminish the pain. And then again, a second vote or a softening of EU onerous rules and burdensome bureaucracy might once again have the EU pulling a Greek rabbit out of the hat.
Back to effect: ask yourself this: how can Brexit affect the US stock market? Numerically no way. Did we stop producing? Did we stop buying? Did our profits tank? Did Britain change it's investment in America. No, it's the money people gaming the system to send a message. And the fact that it's doable just for effect is frightening and no Donald Trump or any other nationalist will change that. Quite the opposite.
How could Greece of all places affect our stock market? But it did, because the EU might be affected and that might affect us so the money people sent a message to the EU ---- fix it or suffer.
Lots of moving parts, none of which is coordinated with the other and the real problem is whether the little problems team up and get away from those capable of pulling some switches. So if the people vote anti-establishment rebellion causing the money people to send a message causing the same ripple effect across Europe who knows whether it becomes a world-wide Tsunami.
Way of life is important but economics rules and, as we see in Britain, our votes do matter.
The Migrant crisis affecting Europe is of Merkel's creation. Merkel it the top dog of the EU. Yes England will have to change immigration laws, and David Cameron got the message, and so will others!
http://www.dailymail.co.uk/news/article-3409334/Calais-migrants-win-human-right-live-here.html
Yes maybe Muslim aren't creative in names, but your listing all the others is pointless. The fact that a Muslim name is the number one boys name in the heart of England speaks volumes to the changes going on there. The Tsunami coming is the wave of Islam, changing Europe for ever.
"Way of life is important but economics rules" Again that's your view not mine! If I lived in England or anywhere else in Europe I would be much more worried about the country I am leaving behind for my children, and their children on down the line. Not every one only worries about whats best for me economically right now and screw the future generations. As a dual Citizen of Ireland I can travel the EU easily. But I'd gladly give up that convince, and any other one to see Ireland remain an Irish Christian country for future generations. I know they have no plans of leaving, but In my mind England was just the beginning of the end for the EU.
1988lg ... I am not miserable at all. I am just telling it like it is. I learned to work the system within the guidelines of the laws. For example... I own a company that is incorporated out of Delaware but I am a foreign entity in NJ. I don't pay minimum wage either. I treat people like how I want to be treated, fairly. I am not greedy. A person or people cannot grow and be successful without having good people around them. I am looking to pull people up with me, not bring them down. Of course you always have to weed out the bad apples. One thing I learned besides being streetwise, more education, more money, more opportunities. Put that combination together and you can withstand any economical storm.
How did Merkel "The Migrant crisis affecting Europe is of Merkel's creation."
The EU is run by the European Commission. President is Polish. Merkel is a member as are all EU member top politicians. She is a top dog as are a number of powerful member states ---- based on their economies :>) The European Council submits legislation to the Parliament. The Council is appointed by member governments and Merkel is not one but obviously controls hers. I can go on with Parliament organizational makeup but the point is it's 28 members with equal voting power in each EU organization. Germany is one equal player when it comes to votes, they have no special power. Merkel runs no EU organization, other countries do. The biggest problem the EU has is bureaucratic mismanagement. It’s a cumbersome, onerous and burdensome process to get anything done (sound familiar?)
Merkel as well as other powerful nations exert influence behind the scenes as do we in any of our dealings in these types of organizations. Heck, we even have influence in the EU. That’s because stronger countries with stronger economies :>) always have more power. I mean it stinks when you can’t do business with the top dog(s) so you better listen to the big dogs. The U.N is not in NYC because we are nice guys.....
As to Merkel's direct influence on UK immigration, she has none. As to indirect, sure she has plenty through shaping EU policies. But that’s ONLY half of England’s immigration problem no matter what the EU and Merkel do.
Germany has a large economy (sorry) and Germany has twice as many Muslim immigrants as England, but with a bigger population, it's 5.4% Muslim which is 10% higher than England so Merkel has her own Muslim problem at home. France exerts a lot of power too and France has a problem with Muslims as well. Both of these countries have been attracting cheap Muslim labor for years without assimilating the immigrants essentially creating ghettos of dissent. Now with the refugee problem added, the problem is exacerbated. But as to Merkel controlling UK immigration policy --- nope.
It's not the total number but the increasing numbers and the looming fear of Syrian refugees that is really driving the unrest. Combine with economic frustration and you get a giant pushback on the establishment with a drive towards nationalism. As the article that I am sure you didn't read notes, the fear is felt more in economically depressed areas where Muslims don't even reside.
So again, how did Merkel create the European immigration problem?
OH, fyi, the shale oil state migration was in the US. Arabs don't drill shale oil, they have sand....... My bad, needed more words to clarify :>)
Merkel doesn't control EU immigration policy officially, but the mass exodus of Muslims from the middle east is a direct result of her policies, and it's a problem the entire continent now has to deal with.
"The right to political asylum has no limits on the number of asylum seekers" Angela Merkel
And the Invasion was on.
“This wasn’t always the case, but I still have to insist on a fair distribution of the burden across all of Europe,” Angela Merkel
The entire Brexit vote can be viewed along the same lines as what takes place in elections in the United States. If you look at the outcome, there are two distinct factors that come into play in the final decision; Urban vs. rural, and older vs. younger. More heavily populated areas of GB overwhelmingly went in favor of remaining in the EU, while rural areas voted to leave. Also, if you were under the age of 50, it was likely your vote was to stay in the EU, over 50, to leave. Not at all different from, say, our last Presidential election. Take Pennsylvania. If you were young and living in the Philadelphia metro area, you were probably voting for Obama. Older and living in the sticks, likely Romney.
Another similarity is how young people both here and abroad fail to show up and vote for the things that matter to them. If young people had turned out the vote in the same numbers as those age 50 and over in the Brexit referendum, England would likely be staying in the EU. Let that be a lesson, young people... VOTE! Or else the elder xenophobic country bumpkins will get to decide your fate.
"elder xenophobic country bumpkins"
That says all that needs to be said about the selfish generation that votes to "get stuff". A completer lack of understanding of other viewpoints, perhaps related to a lack of empathy toward anything other than that resembling your own personal views.
justintime Lack of understanding, listening, cooperation, compromise and civility have completely disappeared across both parties/supporters.
The best quote was a Brexit Britain is a Broken Britain and that is apparently true with a 57% increase in hate crimes towards Poles & Muslims since Thursday's vote. Ultimately the country is divided and the US looks about the same. The division is punctuated by the blatant lies, lack of critical thinking, honest self-reflection and scapegoating currently at the forefront of all discussions about the future.
That 57% increase in hate crimes reminds me of the huge spike in domestic violence that used to be reported during the Super Bowl.
"Look at our stock market. Brexit is voted on, it might not take effect for two years, and we drop 600 points in one day or $3,000 from your 401K. That's an intangible biting you right in the butt."
Given the time span for the Brexit effect and the amount of economic influence Brexit has on the US economy, clearly this stock drop was a message from the money-people voting financially on their thought on world instability. The message was that a stable EU is important to the economy.
If you need your 401K at that point though it's much more than just a message.
Better than that message was the drop we felt from the Greek melt down. Like the Greek economy could cause a ripple over here. Another message about the economic importance of a stable EU.
There is another message in the message though and that is if you play the market, please realize there's people and entity's out there with far bigger chips that can twist the market based on their feelings of the day.
Is there some sort of collusion at the cabal? Suited men in dark rooms hatching plans? Not really. Just a handful of large players make the move, the machines take off, and when the press asks "what's up," the response is "Brexit" and the machine-based fall continues.
First time I noticed this was way back when Clinton took office and Hillary was working health care. Suddenly the market tanked. The rationale, as told to reporters from the insurance finance houses, was the pending health care changes. The players making the initial move (at a loss to their customers) were undoubtedly the insurance companies and their finance houses (they were closer to each other then). They started the tank and probably rebought the same stuff when the price hit the trough (a profit to their customers). A calculated risk. There was no vote, there was no bill, there was only talk.... Just talk. Now that's power when you're willing to play those financial games just to be able to tell the press: "it's fear of the health care plan" that didn't even exist much less be able to come to a vote. Helps when you play with other peoples money.
Makes you realize the dart board may be as accurate as all the financial research you can do. Or how do you estimate what will tick these folks off next?
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"but the mass exodus of Muslims from the middle east is a direct result of her policies" Really? I thought it was ISIS, Assad and the Russians.......
Her quotes are spot on but have nothing to do with Britain's immigration policy except to say if you have the right of asylum, you can't set a quota and that countries accepting should have a fair distribution plan. You really have a problem with asylum or fair distribution for those seeking? But again, just persuasion, no control over Britain's policies.
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We have a friend in England who is coming home because of this. Got stoned and not in a good way. He's a caramel-colored American of French heritage. Just sports a natural tan. Nationalism sure is fun.
Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard
"On Friday afternoon, after the shocking Brexit referendum, while being interviewed by CNBC Alan Greenspan stunned his hosts when he said that things are about as bad as he has ever seen.
"This is the worst period, I recall since I've been in public service. There's nothing like it, including the crisis — remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away. I'd love to find something positive to say."
Strangely enough, he was not refering to the British exodus but to America's own economic troubles."
http://www.zerohedge.com/news/2016-06-27/greenspan-warns-crisis-imminent-he-urges-return-gold-standard
Greenspan was a Gold Trader originally - he wrote the software for Gold Trading and he is the architect for crashing the US Dollar - way back in the 1960's.
These Globalist Elitist's intend on bankrupting you it's been the script for a longtime now - hopefully some people are picking up on - you must be your own Central Bank & what are Central Banks doing well they aren't buying paper - they are buying physical Gold & Silver.
Gold and Economic Freedom
by Alan Greenspan
[written in 1966]
This article originally appeared in a newsletter: The Objectivist published in 1966 and was reprinted in Ayn Rand's Capitalism: The Unknown Ideal
Buy the book - An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense - perhaps more clearly and subtly than many consistent defenders of laissez-faire - that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.
http://www.321gold.com/fed/greenspan/1966.html
And up also are stock holdings ----- crazy after last week I would not have thought my portfolio woud have gained so much after last week.
Go figure...
These are crazy times for sure !!
Without movement short term traders can't make money. Those who sold in panic and then missed the return (or a good part of it) are the ones who "paid" the most...
At the beginning of the year many economists were predicting a relatively flat to small growth in earnings, but a lot of market volitility. So far this seems to be holding true.
Should be an interesting day tomorrow. UK pound falls under $1.28 on renewed Brexit concerns (31-year low) - Asia stock markets tumble http://www.cnbc.com/2016/07/05/asia-stock-markets-to-focus-on-brexit-concerns-weak-sterling-us-losses-and-lower-oil-prices.html
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