Thursday, August 4, 2016

Britain's Path To Economic Prosperity #BREXIT

News
Devaluation of the Pound will do what infinite QE has been unable to accomplish since 2007 - stimulate economic growth. The BREXIT vote, a call to defend Britain's sovereignty and restore its economic base, will be remembered by history as the decision that allowed it to disembark from the sinking ship called the Euro. The idea that a European currency, a medium of exchange conceived to complete and eventually supplant the dollar as the world's reserve currency despite lacking a common language, culture, and debt, is something only that Margaret Thatcher and today's BREXIT voters are able to recognize.

Currency devaluation and lower taxes will restore Britain economic base. The market will take care of the former. Britons and its representative must recognize the latter.

Headline: Bank of England to pump another 60 billion pounds into economy following EU vote uncertainty

LONDON (AP) -- Bank of England to pump another 60 billion pounds into economy following EU vote uncertainty.


more

----------------------------------

Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.