"Significant Cause and Effects" - Thoughts/News from KTFA Backdoc

KTFA

BACKDOC » March 25th, 2016


Article: Britain out of the European Union cost $ 62 billion

THIS 62 BILLION WILL CONTINUE THE POUNDS MOVE TOWARD PARITY AS I'VE SHARED IN THE PAST.

ARTICLE 5O WILL BE INVOKED ON MARCH 29TH AS HAS PREVIOUSLY BEEN REPORTED AS WELL AS HERE! INTERESTING THEY ARE NOW CONSIDERING MOVING IT TO SATURDAY APRIL 1ST! MMMM

THIS WILL BE THE REAL EFFECTUAL BREXIT!

THIS WILL HAVE GLOBAL IMPACT AND WILL BE A GLOBAL DISTRACTION FOR SURE. 

NOT ONLY WILL IT HAVE AN EFFECT ON THE POUND AS I'VE STATED BUT THE EURO WILL LOSE CURRENCY VELOCITY AS WELL, THUS CREATING LESS DEMAND FOR THE EURO.

THE APRIL 23RD FIRST ROUND ELECTION IN FRANCE MAY DELIVER ANOTHER BLOW TO THE EURO IF LA PENN WINS! SHE HAS PROMISED TO LEAD FRANCE OUT OF THE UNION AS WELL.

WITH THE SHENZENG AGREEMENT BEING TORN APART BORDERS ARE NOW BECOMING CENTER STAGE! I LOOK FOR THE EURO TO ALSO RETURN TO PARITY WITH THE FED DOLLAR.

WITH SEVERAL COUNTRIES IN THE EU NOT ABLE TO PAY THEIR FAIR SHARE TO SUPPORT THE UNION AND THE EURO CURRENCY, ITS JUST A MATTER OF TIME WHEN THE EURO BOND MARKET WILL BLOW UP.

IF LA PENN WINS THE EURO WILL GET ANOTHER SERIOUS FINANCIAL GUT PUNCH AND BY SEPTEMBER WITH THE GERMAN ELECTION I EXPECT ITS DEMISE IN TERMS OF SERIOUS DEVALUATION. IT WILL DRAG DOWN THE FED DOLLAR WITH IT SINCE THEY ARE TIED AT THE HIP FINANCIALLY.

THIS SIGNIFICANT DROP WILL BRING THE NEEDED DEBT RELIEF, IN TERMS OF VALUE, FOR COUNTRIES SUFFERING FROM THERE 152 TRILLION GLOBAL DEBT!

THE NEW DIGITAL CURRENCIES FOLLOWED BY THE NEW DIGITAL DOLLAR WILL LEAD THE WAY TO A MUCH NEEDED RECOVERY.

A HIGHER TRUE VALUE FOR SOME COUNTRIES WILL PRESENT WHILE OTHERS WILL BE STILL NEEDING REFORM OR SLIPPING DEEPER INTO TROUBLE.

WITH THE IMF GIVING THEIR BLESSINGS ON IRAQ TO PAY ITS CONTRACTOR DUES IT SHOULD ONLY BE A SHORT WINDOW BEFORE THE OPEN UP THE BUDGET WITH A NEW VALUE AND PAY THOSE BILLS. THEY WILL ACTIVATE FULLY THEIR PRIVATE SECTOR AND BEGIN DIVERSIFICATION OF THEIR ECONOMY IN ORDER TO INCREASE REVENUES.

WE HAVE TO BE VERY CLOSE NOW AS WE SEE MANY SIGNIFICANT CAUSE AND EFFECTS AS THIS FIRST QUARTER DRAWS TO A CLOSE! DOC IMO

Britain out of the European Union cost $ 62 billion

2017/3/24 19:38



European Commission President Jean - Claude Juncker said on Friday that the total cost to leave Britain , the European Union will be about 50 billion pounds [$ 62 billion].

Juncker said in a press statement that " the amount that Britain should repay the Union reflects their previous commitments."

On March 16 th, approved by Britain 's Queen Elizabeth II, the law gives the government the start of Britain 's exit from the European Union process.

In London, it announced last Monday that Prime Minister Theresa May, notified the European Union, its intention to move Article 50 of the Lisbon Treaty, in order to get out of the Union in the 29th of this month. However , it is expected that the government postponed the announcement to the post - EU summit to be held on Saturday, in the 60th anniversary of the signing of the "Rome Convention" institution of the Union.

It is expected that Britain out of the EU negotiations continue, for two years. It should be noted that in June 2016 voted 52% of Britons in favor of their country 's exit from the European Union.

http://www.alliraqnews.com/modules/news/article.php?storyid=59927