You gotta love Nigel Farage, especially when he tells the bureaucrats in Brussels to their face that they have probably never held a proper job or employed one person that was not paid for by someone else’s money.
I started highlighting Farage’s truth telling in front of the EU bureaucrats back in 2013, wishing someone like him would emerge in the US. Granted, Trump falls a bit short in the class category, but he has been the only one with big enough balls to stand up to the establishment. As much as I wish Trump would go to school on Farage, it doesn’t matter. The cat is out of the bag. As long as Trump is not assassinated, I will take any and all steak dinner bets that Trump wins the election.
As much as the EU, US, and Japanese politicians hate it, they can’t stop it. The govt bubble is popping and the sheeple are waking up. The movement of markets do not affect public sentiment, because most people have never owned a stock, bond, or commodity. However, they do know that their standards of living and freedoms have been eroding during the time that govt promises, political wealth, fraud, hubris, and debt have been increasing.
As predicted yesterday, the establishment, which includes the captured ratings agencies, are trying to make an example out of the UK. Now S&P has downgraded UK debt, even though their economy and banks are in much better shape than the EU, and before the outcome of the divorce is known. Hell hath no furry like a bureaucrat scorned..