If you look at this first graphic of the vote leave the EU in 2016, in no particular order this is what the:-
Central Banksters,
Liar career politicians,
Lame stream [aka main stream] media,
Daily broadcast media [tabloid snake oil entertainers] that need the click bait to garnish increased listener ratings'
Those with convenient amnaesia
Those who contest they didn't know what they were voting for,
& those who identify with wanting all the answers to fall out of the sky on their laps[because they erroneously put faith in and believed the aforementioned]
.......... [deep breath]
rather than doing any research, the heavy lifting and asking the penetrating questions........ WANT YOU TO BELIEVE!
So what's wrong with this picture? If you are unsure..the answer IS this:-
Thats right... they rely on your ability to ONLY remember RECENT information or events whilst continuing to ilicit fraud & serious criminality in perpetuity.
BREXIT is a whole new category of smoke screen conveniently timed [until the next event] to get you to believe it is the cause of all mans ills from time immemorial! The Banking & Financial sectors & their elite exectives in chief are and continue to be notorious at this. But many outside of these bubbles are begining to awaken and tire of this managed deceipt.
Dont let anyone fool you UK Sterling [GBPUSD] has been & continues to be devalued since 1913!
Here's what I wrote some 8 months ago. You will also find an article I wrote about Sterling and the Silver Standard outling the demise of cable [GBPUSD]since 1800. But that aside............
As you can see from the graphic it took the "elevator" down but overtime it took the "stairway" back up. Thats the markets - get used to it.
So lets have a look at GBPUSD since the Central Bank induced Financial Crisis of 2008.
The drop from the 2008 the Central Bank induced Financial Crisis is far far more acute than that from the vote to leave the EU in 2016.
Those that rely on RECENCY BIAS will never open up any longer term chart or discussion to highlight that the dip in GBPUSD from the vote to leave the EU and state that it was just mere market noise and not condition precedent for anything at all except the game of fear & greed that these financial fraudsters play. It only exposes their Keynesian nonsense speak.
This one way diatribe on anything or anyone with a sensible [or not] counter view seeks to dumb down an already apathetic community....
Not convinced? Okay lets open it up & go back a little further. Lets take a look at GBPUSD since going off the Gold Standard in August 1971 to until just before the Great Financial Crisis of 2008 [did i mention this was induced by the Central Banksters].
In essence, this means that we are now on a global DEBT standard and the notes/currency in circulation are merely worthless pieces of paper designed to steal purchasing power and transfer wealth to these financial overlords. Can you say INFLATION.
Look at the steep decline in what you are able to purchase from being on a Global Debt Standard [naff naff]. Theft on an industrial scale whilst the majority of people are completely unaware of its existence.
The damage to GBPUSD and all other fiat currencies is nearing the end game where they will go to their intrinsic value of.....ZERO! Repeat ZERO! Nothing to do with Brexit.
So getting back to RECENCY BIAS. Let's get back to UK Sterling to a period just after World War 2.
O.M.G. .. you think Brexit is a problem for the currency? Nope..as i have alluded to it is just a mere speedbump on the way to a decline in the currency that has been baked in since its inception.
I dont know about you but since 1945 it looks like GBPUSD has lost approx 70% of its value?!! Where's the perpective? Brexit ..not a problem.,
But of course those who only show short terms charts that include single recent events..say like Brexit & claim .."there you see!" rely solely on RECENCY BIAS, ignorance & a community unwilling to challenge the biased status quo & their thought-shaping nonsense.
But thats okay..its great to stick your head above the parapet & play - [no ones willing to play there where the clarity & integrity flourishes best - not to mention facts!]
Not convinced about the dangers of RECENCY BIAS on an unsuspecting public? You've guessed it...lets go back further.
Below is the chart of GBPUSD since 1915 until about the time of the UK's decision to exit the EU.
O.M.G... as you can see approx 80% of the value of Sterling has been lost since 1915!
Brexit is not the problem...Never was and never will be in my opinion. History's "invisible hand" naturally acts as noise flattener.
Sure there will be an adjustment once the British leave the EU for sunnier & much more prosperous climes [incidentally which no one is denying] but the turmoil is nothing as compared with historical Central Bank interventions & misdemeanors perenially created by complicit financiers who are by design "Destructionists" at best.
Hey dont take my word for it ..be prepared & don't get aboard that express train to the Hotel California & be infected with that incurable disease called RECENCY BIAS. [The hex perpetrated by the main stream in these situations].
My guess is the UK leaviing the EU with the fifth largest economy and a peoples who history do both logical incrementalist & revolutionary change will do well & thrive. [Based on my own research contained elsewhere in another blog]..
So if the next time the financial elite & main stream in broad media daylight proclaim that a single RECENT event is the cause of all ills..[with of course the pre-requisite armegeddon attached] .....you know that they speak with fork tongue...& the coming disaster is of their making.
Best listen to everyone, trust no one, but do your own research.
