Brexit Launches Existential Crisis for EU: “Disintegration of the EU practically irreversible.”

By David Haggith
TheGreatRecession.info
June 26, 2016

At long last the tyranny of the global financial elite has been slammed good and hard. You can count on them to attempt another central bank based shock and awe campaign to halt and reverse the current sell-off, but it won’t be credible, sustainable or maybe even possible.

“The central bankers and their compatriots [in politics] … have well and truly over-played their hand. They have created a tissue of financial lies; an affront to the very laws of markets, sound money and capitalist prosperity…. So >there will be payback, clawback and traumatic deflation of the bubbles. Plenty of it, as far as the eye can see…. On the immediate matter of Brexit, the British people have rejected the arrogant rule of the EU superstate and the tyranny of its unelected courts, commissions and bureaucratic overlords…. Smaller government—–at least in geography—–is being given another chance. And that’s a very good thing because more localized democracy everywhere and always is inimical to the rule of centralized financial elites. (David Stockman — Contra Corner)

Stockman’s lucid thoughts reverberate like an echo in current time to something that I wrote back in February:

Britain is now debating leaving the European Union, making Brexit as big of a deal as Grexit. With the growing flood of immigrants through Europe, working its way to Britain, the British exit is gaining support. More economic disintegration within the Eurozone will certainly strengthen the case for a little more separation from the European Union…. So, Europe is its own volcano, ready to break apart on all sides…. A worldwide eruption, which I call the Epocalypse, will shatter the landscape — is already shattering the landscape…. You might not like the prediction (I know I don’t), but it doesn’t matter if you like it (any more than it matters if I like it). I’m not looking to see what I want to see; I’m looking to see what is, and reality doesn’t care what I like. It doesn’t ask me what it should be. Those with eyes wide open will see the fissures that are opening up everywhere, and that will give them the outline of things to come. So, you can see what is coming…. it is those fissures that the Epocalypse will burst open. Humanity will be forced to face its flaws. (“Hell Week for the Global Economy“)

The Rest…HERE

This entry was posted on Sunday, June 26th, 2016 at 1:29 pm and is filed under Brave New World, Civil Unrest, For Freedom, Government Evil, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.