The Great Reversal of Brexit and Rise of Labor Party, 2024

The collapse of trade between Europe and Great Britain resulted in a massive wave of new bankruptcies in England. The Covid epidemic and the decline of and fall of Donald Trump have deflated the English economy. The great tragedy of mediocrity is upon Great Britain.  The Americans are shaking their head at the incredible debacle of the British in 2022. The British Pound had sunk to an all-time low and created many economic disasters.

Liz Truss's resignation signals the end of Tory's dominance in the British government. Truss had the shortest reign as Prime Minister for 44 days. The Truss syndrome signals the end of incompetent government based on ad hoc Brexit fever. The fact remains that the Tory party has put someone in power without government experience resulting in a Brexit Waterloo. 

On Friday 13, 2019, The British have entered the magical realm of the Tory Cultural Revolution.

Boris Johnson has won the majority of votes to form the new government of England. The great Brexit Cultural Revolution will change the very essence of England. Currently, ten British Universities are slated to close. Boris Johnson has created political quicksand for the Tory Party.

 The cultural and economic shock make England a very problematic place in the future. The English will no longer belong to the European Economic Union and they have no British empire. They are facing trade blocs from the updated USMCA of North America and the Chinese Economic trade block. England's new "buccaneer" status as a freelance country is questionable. The crashing macroeconomics will eventually create a very "scary" place.

On September 6, 2018, a secret British plan was given the code name Operation YellowHammer. This plan would cover 13 vital areas with the collapse of the Brexit deal and set up government agencies to deal with the collapse of vital services in England.

 The plan was named after a songbird which became known as a yellowhammer.  Ultimately, every man, woman, and child would lose their Economic Union Citizenship. They would become stateless persons in a matter of months. 

Why has all this happened to Great Britain?

Danny Dorling and Sally Tomlinson have documented the historical conditions that gave rise to the Brexit movement. This was not an accidental series of political events but a chain of consequences from the Decline and Fall of the British Empire.

 According to the brilliant Utsa Patnaik book,  Disposition, Deprivation, Development Great Britain transferred $ 45 trillion out of India over 200 years. This Imperialistic money financed the Industrial Revolution, Opium Wars in China, Middle Eastern Protectorates, World War 1, and World War II. This Indian Treasure chest made Great Britain the wealthiest country in the World.

Dorling and  Tomlison's book Rule Brittania and Brexit and the End of Empire have tracked the rationale for the historical collapse of contemporary British society. The British Tory ruling class had adopted an Imperial Weltanschauung or world view. This encouraged a reckless decision to create the Brexit vote and caused the crisis. The British Empire ended in 1997 with the loss of Hong Kong and resulting in a political bubble for the Tory Party.

Ultimately, Dorling explained the delusional political policies leading to Peak Inequality in British Society. Prof. Dorling captured the essence of inequality as a historical wave with historical peaks. The consequences of inequality in Great Britain have become a disaster.

 The British matrix of peak inequality covers the areas of income, housing, education, longevity, race, and social mobility. The last time Britain had peak inequality was in 1913. This led to World War I and World War II. The gradual rise of inequality from 1990 to 2020 has been slowly changing events that are tracked through economic geographic maps. The following news headlines suggest the impact of the Tory crater:

ON  JUNE 23, 2016, BREXIT CREATED AN INSTANT DELEVERAGING OF THE BRITISH ECONOMY.

 THE WORLD ECONOMY HAS BEEN DELEVERAGING SINCE 2008. THE WORLD INFLATION  IS NOW DEVELOPING INTO  BAD INFLATION FOR THE BRITISH. 

THE COMING COLLAPSE OF ENGLISH HOME BUILDERS, REITS, AND REAL-ESTATE BROKERS BY 50%. England is experiencing a major Great Bear Market in Real Estate from 2022-2032. Fred Harrison's property cycle defines the coming collapse of the entire housing industry in England. 

THE BREXIT PROCESS MAY TAKE 10 YEARS!

CHINESE  INVESTORS SLOWDOWN; A SLOW DOWN PROCESS IN EUROPE BY 50%

THE BREXIT VOTE HAS DESTROYED 60 YEARS OF ECONOMIC EVOLUTION AND PROGRESS FOR THE SINGLE ECONOMIC MARKET. THE EU WILL MAKE SIGNIFICANT REFORMS THAT WILL BENEFIT ALL 27 NATIONS EXCEPT FOR GREAT BRITAIN.

 THE MORAL LESSON FOR THE 27 EUROPEAN NATIONS IS THAT IF YOU LEAVE THE EU: YOU WILL FACE AN ECONOMIC DEPRESSION! PARADOXICALLY ENGLAND HAS BECOME THE CANARY IN THE ECONOMIC GOLD MINE.

THE IMPERIAL MINDSET AND IMPERIAL HANGOVER OF ECONOMIC BRAVADO AMONG THE BRITISH VOTERS HAVE CREATED A SHAKESPEARIAN  TRAGEDY!

 THIS COULD BE NAPOLEON'S REVENGE! THE BREXIT VOTE HAS CREATED A FIXED CERTAINTY: ENGLAND IS ON AN INVESTMENT DOWN WAVE!

 THE BREXIT VOTE HAS CREATED BRITISH 21ST-CENTURY STAGFLATION.

CURRENTLY, IN GREAT BRITAIN 75% OF FOREIGN INVESTMENTS ARE EU INVESTMENTS.  THE BRITISH WILL TAKE A MASSIVE HIT ON THE WITHDRAWAL  OF  FOREIGN INVESTMENT.

OVER 500,000 BRITISH TOURISTS WILL BE UNABLE TO VISIT THE USA.

 THE POLLS SHOW THAT TORY  MIDDLE-CLASS TORIES IN LONDON VOTED TO LEAVE THE ECONOMIC UNION.

 IRONICALLY, THE BRITISH MEDIA HAS CHOSEN TO GO WITH A NORTHERN ENGLAND BREXIT CAMPAIGN NARRATIVE.

WHAT HAPPENS WHEN YOU QUIT THE LARGEST SINGLE MARKET IN THE WORLD? HOW WILL THE TORY POLITICAL QUICKSAND CREATE A RECESSION IN ENGLAND?

LIZ TRUSS ECONOMIC NIHILISM:

1. 44% OF THE UNITED KINGDOMS EXPORTS  GO TO THE ECONOMIC UNION. THIS MEANS THAT THIS MARKET WILL BE ABSORBED BY OTHER COUNTRIES.

2. THE LOSS OF 960,000 OUT OF 3,300,000 JOBS IN THE EXPORT INDUSTRY.

THE AMERICAN SUCCESS STORY DRIVEN BY PRESIDENT BIDEN HAS LED TO A STRONG US DOLLAR. THE BRITISH POUND HAS SUFFERED A MAJOR DEVALUATION COMPARED TO THE US DOLLAR. 

3. THE COLLAPSE OF THE BRITISH POUND TO 1985 LEVELS. THE BRITISH POUND SHOULD SETTLE AT $.80. THIS WOULD BE THE ACTUAL PROXY VALUE OF THE BRITISH ECONOMY.

 THE CHEAPER BRITISH CURRENCY NOW HAS CREATED A WIDE CURRENCY GAP BETWEEN THE EURO AND THE BRITISH POUND. THIS MEANS THAT EUROPEAN GOODS AND SERVICES ARE TOO EXPENSIVE FOR THE BRITISH.

 THEY WILL IMPORT LESS FROM THE EU. EU BUSINESSES WILL LOSE EXPORT VOLUME TO ENGLAND. THE AMERICAN MARKET BASED ON THE DOLLAR WILL BE TOO EXPENSIVE FOR THE BRITISH.

 IT TAKES MORE BRITISH POUNDS TO BUY EUROPEAN GOODS AND SERVICES.  GERMANY'S INDUSTRIAL MARKET WILL LOSE ITS COMPETITIVE ADVANTAGE OVER THE BRITISH. THE BRITISH HAVE MADE THEIR EXPORTS MORE COMPETITIVE AT THE EXPENSE OF THE 27 OTHER NATIONS. 

SCOTLAND AND NORTHERN  IRELAND ARE TRAPPED IN A HORRIBLE TRADE WAR. SCOTTISH WHISKY SALES COULD COLLAPSE TO RECORD LEVELS!

 THE LOSS OF LONDON AS  FINANCIAL SERVICE CAPITAL FOR THE ECONOMIC UNION.  THE LONDON FINANCIAL COMMUNITY TRADES TRILLIONS IN EUROS, CURRENCIES, SHARES, AND FINANCIAL CONTRACTS. AMSTERDAM COULD REPLACE LONDON!

LONDON WILL LOSE OVER 100,000 JOBS!

BRITISH BANKS WILL LOSE MORE THAN $16 BILLION!

 THE LONDON STOCK MARKET IS NOW THE TARGET OF THE GERMAN STOCK MARKET TO TAKE OVER THE TRADE.   HONG KONG HAS FINALLY BOUGHT THE BRITISH STOCK MARKET. HONG KONG HAS BECOME THE POSTER BOY FOR CHINESE COMMUNISTS. HONG KONG IS A FAILED ECONOMY.

 LONDON HAS SURRENDERED ITS EUROPEAN PASSPORT. THIS MEANS THAT EVERY BRITISH MAN, WOMAN, AND CHILD HAS LOST THEIR EU CITIZENSHIP. THEY HAVE BECOME ILLEGAL ALIENS IN THEIR OWN COUNTRY.

 THIS MEANS THAT BRITISH BANKING STOCK SHOULD BE SHORTED LIKE HSBC, LYG. SCBFF, AND RBSPF.

 MOODY CREDIT AGENCY HAS DOWNGRADED THE AAA BOND RATING OF THE UNITED KINGDOM. MIDDLE EASTERN MONEY IS MOVING ITS BILLIONS TO EUROPE.

WHAT WILL BREXIT DO TO GLOBAL INTEREST RATES?

THE EUROPEAN AND BRITISH BANKS WILL LOSE MASSIVE EQUITY. THE STOCKS WILL REACH A LOSS OF 80% OF VALUE. THE POSTER CHILD FOR THE EUROPEAN BANKING COMMUNITY IS THE ITALIAN  BANCA MONTE DEI PASCHI DI SIENA WHICH HAS A STOCK VALUE OF 29 CENTS.

THE ENTIRE SWISS YIELD CURVE HAS BECOME POSITIVE. WE ARE ENTERING HIGH INFLATION AND HIGH MORTGAGE RATES. 

THE EUROPEAN INTEREST RATES WILL GO TO  10%. THE BRITISH HAVE ENTERED INTO A WORLD OF HIGH ENERGY COSTS. 

THE PROBLEM WITH BRITISH BANKS IS THAT LOSS OF CAPITAL AND LACK OF BORROWING DEMAND IS A RECIPE FOR A DEPRESSIONARY ECONOMY.

THE AMERICAN DOLLAR IS GOING INTO A 15-YEAR APPRECIATION. THE DOLLAR WILL GAIN 50% OF ITS VALUE MAKING THIS AN UNATTRACTIVE CURRENCY. IRONICALLY, THE EURO WILL BE WEAKER THAN THE DOLLAR.

 BRITISH BANKS CAN NO LONGER  ARBITRAGE THE BRITISH AND AMERICAN RATES OF RETURN.  THE AMERICAN BANK RATES ARE TOO HIGH AND THE DOLLAR IS GAINING VALUE.

  2016 VS. 2022  BRITISH RATES ARE SHOCKING:  

           1. SAVINGS ACCOUNTS AT 1%

   2. HOME LOANS AT 1.14%

            3. PERSONAL LOANS AT 3.30%

4. CAR LOANS AT 3.34%

                         5. BRITISH CREDIT CARDS AT 4.45% 

4. THE COMING COLLAPSE OF PHARMACEUTICAL AEROSPACE, FINANCIAL SERVICES, AND STEEL INDUSTRY. THE SHORTING OF THESE INDUSTRIES WILL BRING HUGE PROFITS FOR AMERICAN HEDGE FUNDS.MOREOVER, SHORTING OPPORTUNITIES INCLUDE BRITISH AIRWAYS, EASY JET, BORG WARNER, FORD, DELPHI AUTOMOTIVE, AND HOME BUILDERS.

5. THE LOSS OF SINGLE MARKET PRODUCTIVITY BENEFITS. THIS MEANS THAT THE UNITED KINGDOM WILL LOSE THE ABILITY TO USE COMPETITIVE  BUSINESSES OF SCALE AND ECONOMIES OF SCALE.

 THE BRITISH WILL LOSE THE INCREASED SPECIALIZATION THAT BRINGS IN HIGHER-INCOME BUSINESSES. THE LOSS OF COMPETITION WILL INCREASE THE NEED TO DESTROY PERFECT AND IMPERFECT COMPETITION.

 IRONICALLY, THE CREATIVE DESTRUCTION OF FREE MARKETS IN THE UNITED KINGDOM WILL RESULT IN LESS ECONOMIC FREEDOM.

WHAT WOULD ADAM SMITH SAY ABOUT THE DESTRUCTION OF WEALTH IN ENGLAND? WHY WOULD A NATION SEEK LESS ECONOMIC FREEDOM?

 THE LACK OF INNOVATION AND ADOPTION OF NEW TECHNOLOGIES WILL DESTROY THE TECHNOLOGICAL FUTURE OF ENGLAND. THE LACK OF MATCHING CAPITAL FOR INFRASTRUCTURE PROJECTS WILL CRIPPLE THE BRITISH INFRASTRUCTURE.

6. THE LOSS OF ECONOMIC UNION MEMBER BENEFITS: A. RETURN TO TARIFFS AND QUOTAS FOR ALL BRITISH GOODS; (B) THE IMPOSITION OF CUSTOM CONTROLS ON ALL BRITISH GOODS AND SERVICES; (C) THERE WILL BE NO LEVEL PLAYING FIELD FOR THE BRITISH. THEY WILL NEED TO CANNIBALIZE THEIR MARKET STRUCTURES.

7. THE COLLAPSE OF BRITISH ECONOMIC GDP FOR THE NEXT 50 YEARS. THE LOW-GROWTH ENVIRONMENT CREATES SUNSET INDUSTRIES. THERE WILL BE CONSTANT RECESSIONS AND DEPRESSIONS IN MANY DIFFERENT INDUSTRIES. 

THE BRITISH FARMING WILL LEAD THE WAY TO ECONOMIC COLLAPSE. FARMERS WILL SEE OUTPUT DROP AND PRICES DROP. PROFESSOR ALLEN BUCKWELL ARGUES FOR A POTENTIAL FARMING DEPRESSION. 

THE BRITISH FARMING SECTOR WILL EXPERIENCE A COLD BATH FROM GLOBAL COMPETITION. THIS WILL RESULT IN A  DEPRESSION IN THE BRITISH HEARTLANDS.

THE PROJECTED GDP FOR 2017 AT  0.9%;  2018 AT  -5.39%;  2019 AT  1.9%;  2020 AT 1.2% AND  2021-2022 AT 0.5%.

 IT SHOULD TAKE 10 YEARS TO RECOVER BACK TO 2.0% THIS WOULD INCLUDE  CUTS IN THE INCOME TAX AND QUANTITIVE TIGHTENING  OF MONETARY POLICY. THE FISCAL POLICY WOULD HAVE TO BE EXTREMELY AGGRESSIVE. THIS IS THE TORY PARTY BEAR TRAP AND WILL RESULT IN THE SACKING OF THE TORY PARTY.

THE UNITED KINGDOM IMPORTS 50% OF ITS GOODS.  THE UNITED KINGDOM CAN NOT DEFY THE LAWS OF COMPARATIVE ADVANTAGE.  THE IMMEDIATE IMPACT OF LEAVING THE EU IS  INCREASING FOOD PRICES AND THE PRICE OF CLOTHES. THE LOSS OF THE EUROPEAN HEALTH INSURANCE CARD AND THE RISE OF MOBILE TELEPHONE COSTS WILL INCREASE. THE NET EFFECT IS A LOWER STANDARD OF LIVING. 

8. THE CLOSING OF LABOR MARKETS FOR YOUNG BRITISH MILLENNIALS. THE 27-COUNTRY MARKET WILL BE CLOSED. THIS WILL CREATE A COLLAPSE OF THE DIGITAL SECTOR OF ENGLAND. THE  OPEN TRAVEL INDUSTRY WILL BE REPLACED WITH NEW RESTRICTIONS ON ALL BRITISH SUBJECTS. 

THE SMART YOUNG PEOPLE WILL LEAVE FOR THE UNITED STATES. EVENTUALLY, THE BRITISH  BRAIN DRAIN WILL BE  AN AMERICAN BENEFIT.

WHAT WILL HAPPEN TO OXFORD UNIVERSITY AND CAMBRIDGE UNIVERSITY? WILL OXFORD UNIVERSITY BECOME A ROMAN TOURIST TRAP FOR ROMANS VISITING ANCIENT SPARTA?

9. THE GROWTH OF BRITISH WHITE NATIONALISM CREATES HOSTILE RELATIONSHIPS WITH IMMIGRANT COMMUNITIES, EUROPEAN IMMIGRANTS, AND GROWING BRITISH RACISM. THIS COULD IMPACT THE TOURISM INDUSTRY. THE EDUCATED EUROPEANS ARE BOYCOTTING THE BRITISH  POLITICS OF HATE. 

10. THE COLLAPSE OF THE BRITISH FILM INDUSTRY. THE LACK OF ANY EUROPEAN SUPPORT FOR BRITISH-MADE FILMS. THE BRITISH FILM AND TV INDUSTRY HAVE BEEN RECEIVING SUBSIDIES  FROM 2007 TO 2015 OVER $180 MILLION IN EU SUBSIDIES.

 THE BRITISH WILL HAVE TO MEET NEW EU STANDARDS AND WILL NOT BE GIVEN ANY SPECIAL PRIVILEGES. THE TWO MAJOR DISTRIBUTION COMPANIES OF SKY AND ITV HAVE TAKEN MAJOR STOCKS LOSSES.  THE ABILITY TO FINANCE FILMS WILL BE IN SERIOUS JEOPARDY.

11. THE GROWING SCOTTISH NATIONALISM AND IRISH NATIONALISM THAT CAN ALLOW SCOTLAND AND IRELAND TO LEAVE THE UNITED KINGDOM. THIS WOULD SHRINK THE BRITISH MARKET. THERE IS A STRANGE POLITICAL BELIEF THAT THE BRITISH CAN NEGOTIATE A FREE RIDER AGREEMENT WITH THE E.U.

THERE IS NO FREE RIDER TREATY FOR THE UNITED KINGDOM. THEY WOULD LIKE BENEFITS WITHOUT PAYING FOR THEM IN THE EU. IF THEY NEGOTIATE ANY TYPE OF FREE RIDER TREATY THEN THEY WILL DESTROY THE ECONOMIC UNION. 

THE EUROPEANS WILL STOP ANY TYPE OF FREE TRADE OR TREATY ''FREE RIDER" AGREEMENT. IF UNITED KINGDOM RECEIVES A FREE RIDER AGREEMENT THEN OTHER NATIONS WILL WANT THE SAME DEAL: FREE BENEFITS WITHOUT PAYING!

 WHAT IS THE POINT OF HAVING AN ECONOMIC UNION IF NOBODY HAS ANY RESPONSIBILITY?

12. THE COMING BRITISH FLIGHT CAPITAL OF THE RICH. THE BRITISH WEALTHY REALIZE THAT ENGLAND IS RETURNING TO MASSIVE GOVERNMENT SPENDING AND TAXATION OF THE WEALTHY TAXPAYERS. THE WEALTHY MUST MOVE THEIR MONEY OUT OF ENGLAND. FREDDY HEINEKEN VISION OF A BALKANIZED ENGLAND WILL RESULT IN REGIONAL COLLAPSE.

13. THE NEW PRIME MINISTER MUST DELIVER MASSIVE SPENDING FOR THE NEW INFLATIONARY ECONOMY. BORIS JOHNSON AND TORY PARTY WANT TO RETURN TO  A BRITISH EMPIRE CONSERVATIVE GOLDEN AGE. LIZ TRUSS WILL REPLACE BORIS JOHNSON WITH A NEW DEAL OF TORY DRACONIAN MEASURES.

 BORIS JOHNSON'S  ANTI-IMMIGRATION STANCE IS BASED  ON A NO-GROWTH ECONOMY. 

THE LATENT EFFECT OF BREXIT IS TO FORCE THOUSANDS OF EUROPEAN IMMIGRANTS BACK TO EUROPE. 

IMMIGRATION SERVES AN ECONOMIC FUNCTION AND WAS AN INDICATOR OF ECONOMIC GROWTH. PICKETTY'S CAPITAL IN THE 21 CENTURY IS BECOMING AN ECONOMIC REALITY IN ENGLAND.

 PROFESSOR DORLING'S PEAK INEQUALITY IS THE BRAVE NEW WORLD OF ENGLAND. GREAT BRITAIN WILL BECOME ENGLAND AND BECOME AN AVERAGE EUROPEAN COUNTRY. 

14. THE RETURN OF GERMANY AS THE LEADER OF THE ECONOMIC UNION. GERMANY AND BERLIN WILL RETURN TO BEING THE LEADERS OF EUROPE. THE UNITED STATES IS NOW WORKING ON A NEW FOREIGN POLICY BASED ON THE COLLAPSE OF BRITISH LEADERSHIP.