Brexit drama: Billions of pounds already down the drain

Whether it is unclear Brexit will ever happen at all, the British economy is already suffering Hugh financial losses.

Many large companies already left the country and financial experts warn companies to remove all financial assets from the U.K.

Not to mention the fleeing EU workforce as more and more workers from outside Britain leaving the UK in chaos behind.

Continuity of the NHS workforce is seriously compromised as many employees quit their jobs and go back to Europe. Similar problems at many other institutions and companies as the workforce disappears in thin air.

I am not surprised that earlier this week the PM lost her voice. The ongoing Brexit circus is taking its toll. Every GP can confirm that stress is a very bad thing for your immune system.

It is not about capital leaving the country only. Millions of Brexit pounds spend by the government already went down the drain. Money spend on malicious advisors and -not to forget- a so call ferry company that –in case of a no deal- should assist carrying goods but had no experience at all.

Most surprising is the timing of the legal advice to parliament that happened AFTER renewed negations. Wouldn’t it be better to send experienced legal advisors with Mrs. May on her EU visits?

Mrs. May keeps on trying to persuade MP’s. Next week for the third time in a row. She warns that another defeat can lead to a very long Brexit delay and probably end up in no Brexit at all.

It is always easy to join the party. Now we face reality and become aware how difficult it is to unwind the EU relationship. Let me warn other EU countries that the EU is like a sect; almost impossible to escape.

I believe this great country should take the (temporarily) pain for granted and leave without a deal. The self-healing capacity of Britain is enormous.

Fiscal punishment based on scientific errors?

Climate change occurs, right in front of our very eyes.

But is it really caused by humanity or are other influences -as the ongoing polar shift and changes in Earth’s rotation- due to this event?

What we know so far is that governments millions of people and companies in the England and Europe heavily charge to fight climate change with arguments that might be based on wrong data and at the end of the day cannot be changed by altering human’s behavior. This wrong data ruins the car and other industries and drive low income citizens into poverty.

Something is going on with our planet.

The North Pole is currently moving away from its original position with a speed of at least 50 km per year. It moves from Alaska to Siberia.

This shift is on going monitored by scientists in the United States to provide adjustment updates to traffic operators like airlines and the military. It emerged that during the recent government shut down in America, as these updates came to a hold, there was worldwide anxiety.

The polar shift is a fact. And not the magnetic field only; the earth axis moved as well.

There is a wobble in the earth axis rotation.

Some scientists argue that the instability of the earth axis is due to melting ice and therefore a result of climate change. This is not a sufficient explanation why this happened in earth’s long time history as well.

A major axis shift governments don’t wanna talk about happened in 2004.

This event caused the Indonesian Tsunami and Earthquake.

After the 2004 shift, the sun “moved” from its original position and has been rising and setting north of the United States at the longest day in June. Further scientists notice changes in animal behavior and migration patterns.

It is worldwide observed that seasons are changing. In the Northern hemisphere autumn is not that cold as it was and spring is relatively cooler as during the last century.

So is it CO2 or something else that influences weather patterns?

According to computer models, it is definitely not CO2 that changes the climate. As I wrote in this blog on September 8, 2017, there is no scientific evidence for climate change caused by humans.

Thanks to very sophisticated, high level artificial intelligence, Australian biologist Jennifer Morohasy together with computer scientist John Abbot draw their conclusions. Climate change is definitely not caused by CO2.

So what is really happening?

Scientists are increasingly depending on computer algorithms. They go with the flow of automated computer data and draw conclusions based on a seemingly false output.

It emerged that current machine learning techniques for analyses of collected data are leading to numbers and figures that are misleading law makers and in many cases absolutely wrong.

Scientist dr. Genevera Allen working at the RICE University in Houston Texas warned that the automated programs to digest data can deliver unreliable results.

The software running on these computers is identifying patterns that are related to the abstract data fed into the computer do, unfortunately, not exist in the real world.

There are a huge number of research results that cannot be reproduced when another group of scientists tries the same experiment. This is unmistakably proof that the initial results were wrong.

It is feared that especially in the biomedical field up to 85% of all biomedical research carried out on this planet is definitely wrong. The risk of false data can easily be projected on climate studies.

Nothing less than a very alarming science crisis.

Now we know that science is often not able to (re)produce accurate results and studies. The output is controversial and debatable.

Politicians should be very cautions to build a strategy on scientific quick sand.

Especially in Europe, companies and citizens are driven over the edge by a climate scam that feeds a policy of fiscal punishment.

This is why Europe is not a good territory to invest and why manufacturers are moving away from the UK and the continent.

And not to forget: CO2 is great for nature. In fact it makes our planet greener. Millions of years back in time, CO2 levels were much higher as today. There is no evidence that this caused significant harm.

“Hold your horses” as EU budget is under siege

As time runs out for achieving an orderly Brexit, the EU is financially preparing for the worst.

In case of a no- deal Brexit, Britain will stop EU payments at the end of March immediately.

It emerged that the EU is already holding back payments to the UK and other EU member states. There is an official request to be very cautious as it comes to new spending.

As part of the rejected Brexit deal, the U.K. is expected to keep on with the EU payments until next Year as the current budget period end.

In the meantime it seems very unlikely that plan B, whatever it will be, is acceptable for neither the Members of Parliament nor the EU.

Staying in the customs union, to prevent a hard border between Northern Ireland and the Irish Republic, is unacceptable for most Brexiteers.

Compared with the present situation this will bring little change.

On the other hand, a return of the hard border will incur a substantial risk pushing the UK and Ireland back into civil war.

After Theresa Mays failure earlier this week to get the Brexit agreement through Parliament, the EU budget is now under siege.

To limit the impact of a sudden contribution stop by one of the biggest net-EU contributors, the European Commission stepped on the brakes and asked the staff to be very cautious with new spending.

An EU spokesman said: “Beneficiaries whose projects have already been signed will not be affected — all legal and contractual obligations will be honored. This precautionary measure only concerns new projects.”

A picture says a thousand words

Who is not happy with this president?

CNN (The Communist News Network) maybe.

The troops in Iraq and Germany were in a euphoric mood as the “one of a kind” President of the United States arrived for an unexpected visit during the Christmas holiday.

Image Source: VOA

World Economy is living on borrowed time

Time is ticking out for world’s economies.

Thanks to the dovish, reckless money creating central banks and politicians not doing a d… thing about it, the world’s debt is now exceeding an average of $86,000 for every individual living being on this planet. Based on the IMF Global Debt Database, this number far exceeds the value of realized output.

The United States, China and Japan are responsible for the biggest share in this killer debt. These countries are the top three global borrowers. This is more than half of the global debt.

The IMF stated that the appearance of China in this list is a bit of a surprise. Since 2000,  China’s share in global debt surged from less than 3 percent to more than 15 now. Emphasizing the rapid credit surge happened in the aftermath of the global financial crisis.

According to the Monetary Fund, global debt has now reached a record high of $184 trillion in nominal terms. That’s the equivalent of 225 times the world GDP in 2017.

The latest figures show that the debt figure is currently $2 trillion higher as the estimated number released by the IMF last October. This could happen because in October several countries failed to report their debt status.

The world is now literally living on borrowed time. The recovery after the financial crisis is based on debt. Not on real achievements.

Therefore, it is not the question if, but when the next final collapse will occur. This time there will be no help from Governments to saved failed banks and business. The next crash will be devastation at an unseen scale with no helping hand.

The world economy is severely slowing down. Oil prices dropped significantly over the last few weeks. High Street shops are reporting the worst November sales ever. The Brexit chaos is leaving many in limbo about things to come. The government is a lame Duck. It increasingly emerges that the U.K. will crash out the E.U. and with the army already mobilized, for many people there is not much reason to be in an optimistic mood.