04/12/2016

Euro Cracks as Italy Tells Brussels to Go Pound Lira!

by John Galt December 4, 2016 19:20 ET Italy has just caused massive market turmoil with one vote as the Italian referendum results as of 6:20 p.m. ET are shocking and way outside of what was predicted by both futures markets and so-called experts once again: The latest update from Reuters: Prime Minister Matteo Renzi has lost a referendum on constitutional reform by a wide margin, exit polls showed on Sunday, throwing his future into doubt and opening the door to renewed political instability in Italy. Renzi, who had promised to…



Turkey Wades into the Global Currency War

by John Galt December 4, 2016 12:15 ET With the recent massive devaluation of the Turkish Lira due to the political instability inside of Erdogan’s Islamic dictatorship, the flow of Western money out of the country has created a vacuum and a scapegoat for the upcoming surge in inflation as the Lira declines in value. The European Union and Turkey have been trading political barbs for months now and with Turkey looking less likely to win admittance into the Union, it would appear that not only is Erdogan preparing for life…


Austria Remains a Leftist Pro-EU Paradise for Islamic Radicals as Van Der Bellen Wins Presidential Election

by John Galt December 4, 2016 11:35 ET As the polls are now closed in Austria, the ORF (Austrian Broadcasting) is reporting that Alexander Van Der Bellen of the Green Party will win the Presidential election which was rescheduled after massive voting irregularities were discovered during the first poll. The results in screen shot above have since been updated in the last 5 minutes by the Austrian newspaper Wiener Zietung with Bellen 53.6% to Hofer’s 46.7%. Despite the majority of urban Austria once again demonstrating their Eurocentric ties and desires to…


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