The Brexit Non Crisis.
In this report, I cover the early market action from London on Friday, November 30th, 2018. I look briefly at the precious metals, the stock market, the dollar, the bond market, and the oil price.
Today I revisit the topic of Brexit and how I have been saying ever since before the EU referendum in 2016 that the possibility of a vote to leave or Brexit would be used as a scapegoat or an excuse for the deplorable economic state of the U.K. economy for the past decade as a result of the Crisis of 2008.
My view has not changed and I have also come to the conclusion, that like the Oil Embargo Crisis of the 1970s, the Brexit saga or ongoing crisis is an engineered crisis by the elites or establishment in order to take away the spotlight from their shortcomings.
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