In 4 months there will be the Brexit referendum. Europe and PM Cameron will use the fearmongering strategy successfully used with Scotland and Greece. Already the military paint a scary picture and soon after currency volatility and credit spreads went on overdrive.
Historically the Brexit feelings and the economic status of Europe that go hand in hand…which means a Brexit is more probable than other times.
Moreover specially what happened with Greece exposed the fact that Europe is a benevolent Fourth German Reicht.
As people realize that the famous words of Winston Churchill come into my mind. We will fight on the seas, we will fight on the beaches, we will fight on the hills…we will never surrender!
This is the Battle of Britain reloaded. Britain already defeated Germany once under enormous duress. Now we see if they have still the guts.
The market data say Yes.
Funny enough the referendum is the 23 June…the Battle of Britain started the 10 July 1940. As Churchill said…never so much by so many to so few
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