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China is staging one of its biggest military parades ever while Hong Kong`s protesters made a “Chinazi” flag

China is staging one of its biggest military parades ever. It`s a celebration of 70 years of Communist Party rule as pure, political triumph. It is set to be the largest military parade and mass pageant in Chinese history.

The 70th Anniversary of the Founding of The People`s Republic of China is an upcoming ceremonial event with a grand military parade as its spotlight to celebrate National Day of the People`s Republic of China that is scheduled to take place on 1 October 2019 in Beijing.

President and Chairman of the Central Military Commission Xi Jinping, who will be the guest of honor, will give the holiday address to the nation and Chinese expatriates abrod before inspecting the formations along Chang`an Avenue.

The Communist Party of China had defeated the Kuomintang Party following the Chinese Civil War, which occurred intermittently between 1927 and 1949. In the aftermath of the civil war, the Kuomintang and its loyalists then retreated to the island of Formosa (also known as Taiwan), formerly a prefecture of the Qing Empire, which had been under Japanese colonial rule from 1895 to 1945.

The founding of the People`s Republic of China was formally proclaimed by Mao Zedong, the Chairman of the Communist Party of China, on 1 October 1949 at 03:00 pm in Tiananmen Square in Beijing.

The first public parade of the then new People`s Liberation Army took place there, following the chairman`s address of the formal foundation of the new republic. Before this, as the national anthem March of the Volunteers was played, the new national flag of the People`s Republic of China was officially unveiled to the newly founded nation and hoisted for the first time during the celebrations as a 21-gun salute fired in the distance.

In its early years, the People`s Republic of China was not internationally recognized as the Republic of China held its seat in the United Nations and the Security Council as the sole legitimate government of «China» by the United States and Western nations.

A massive National Day fireworkks display had been planned along the harbour in Hong Kong to celebrate the 70th anniversary. As it has done every year since 1997, Hong Kong government cancelled them «for safety reasons» over the protests in the city that have lasted since March.

Safety is one thing. Popularity is another. Hong Kongers doesn`t like Beijing and China.

Hong Kongers have made a new poster: swastikas and the term «Chinazi.»

A few weeks ago, the protesters marched to the US consulate to urge Congress to pass the Hong Kong Human Rights and Democracy Act. Many had American flags. Others had a red flag with yellow stars arranged in the shape of a swastika.

A week later they all had a «Chinazi» flag made by local pro-democracy party people power. They also made a banner that cast chief executive Carrie Lam as an unmistakable Hitler, giving her the lavel «Butcher Carrie» against a backdrop of yellow swastikas.

On Sunday 29 September, coinciding with the 80th anniversary of the divvying up of occupied Poland between Germany and the Soviet Union, Hong Kongers held a large protest, alternately dubbed the «Global Anti-Totalitarianism March» and the «Global Anti-Chinazi March,» alongside dozens of citis around the world.

«Chinazi» is drawing comparisons between the Holocaust`s concentration camps and China`s internment camps in Xinjiang.

Hitler and the Nazis committed one of the worst atrocities ever in human history, orchestrating a state-sponsored genocide that led to the murder of millions of people. Not only Jews, but also political opponents, gay men, roman`s, gipsy`s and millions of mentally and physically handicapped induviduals.

Comparing China to Nazi Germany comes from the author of the book; Nazi China, written by the exiled Chinese writer Yu Jie. The man also wrote a biography of the late Nobel Peace Prize laureate and activist Liu Xiaobo.

Chinese state media called Hong Kong`s protesters «Blacknazi,» while the police called them «cockroaches,» and protesters regularly refer to police as «dogs.»

Hitler and the Nazi`s committed one of the worst atrocities ever in human history. They were the worst state-sponsored terrorist group in human history. Trump talked about freedom of religion, hate crime and state-sponsored torror in his UN speech last week, and the term «Chinazi» sends a warning to the world. The history may repeat itself.

Since the handover in 1997, the share of people in Hong Kong identifying as Chinese have declined, reaching 38,6 percent in 2008. Today, the number is just 10,8 percent. Meanwhile, the share of people identifying as HongKongers has increased dramatically over the last decade, hitting 53 percent this year.

China Central Television (CCTV) is expected to mainly broadcast sychronously for domestic and foreign TV channels with CCTV-1 as the producing channel for the celebrations, while national, provincial and city broadcasters and TV stations, domestic internet video, portals, and live webcast sites may also broadcast the event simultaneously.

The China Media Group (general station) may also broadcast live overseas through websites such as YouTube.

People in China are grateful and loyal and accept the Communist Party and their lack of political freedom because they have benefited from this explosion of material wealth and opportunity. Don`t forget that free market Capitalism made China rich.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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Old politicians are out and we want to «drain the swamp» with a lot of new people and build a new type of government, Zelensky said

“The Hate Trump Media Mob” told you that the president of the United States, Donald Trump will be impeached. Not because of the Russia collusion Hoax. No, this time it is because they say Trump talked like a Mafia Boss. He pushed Zelensky.

The Media Mob said president Trump repeatedly pushed for Ukrainian President Volodymr Zelensky to investigate former Vice President Joe Biden, and his son, Hunter, during a July 25 phone call, according to a transcript of the conversation released by the White House.

But if you listen to president Zelensky himself, it is a different story. He said in a meeting with Trump that nobody pushed him. So, who are we gonna listen to? Can we trust the Media Mob this time?

The Media Mob have repeatedly said that Trump is unfit to be a president. The same is said about PM Boris Johnson. But what about Zelensky? He is the 6th president of Ukraine, and he is a Ukrainian comedian. Can you believe that? A comedian.

People voted for Zelensky because they didn`t want traditional politicians. Do you see the pattern here? The same happened in France when president Macron won the election. Traditional politicians are out.

People voted for Trump because he is a business man and not a politician. They all have the same goal: Drain the swamp! That`s what this positive populism is about.

Read the transcript below and see what president Zalensky said to Mr Trump. One of the things he said is this:

«We are trying to work hard because we wanted to drain the swamp here in our country. We brought in many many new people. Not the old politicians, not the typical politicians, because we want to have a new format and a new type of government. You are a great teacher for us and in that.

The Democrats and the Media Mob wants to get rid of president Trump, and they want to impeach him because they believe that Trump pushed Zalensky to investigate Biden. Read the transcript below and make up your own mind.

————————————————————————–

UNCLASSIFIED
Declassified by order of the President
September 24, 2019
MEMORANDUM OF TELEPHONE CONVERSATION
SUBJECT: Telephone Conversation with President Zelensky of Ukraine
Participants: President Zelensky of Ukraine
Notetakers: The White House Situation Room
Date, Time July 25, 2019, 9:03-9:33 am EDT
and Place: Residence

The President: Congratulations on a great victory. We all watched from the United States and you did a terrific job. The way you came from behind, somebody who wasn’t given much of a chance, and you ended up winning easily. It’s a fantastic achievement. Congratulations.

President Zelenskyy: You are absolutely right Mr. President. We did win big and we worked hard for this. We worked a lot but I would like to confess to you that I had an opportunity to learn from you. We used quite a few of your skills and knowledge and were able to use it as an example for our elections and yes it is true that these were unique elections. We were in a unique situation that we were able to achieve a unique success. I’m able to tell you the following; the first time you called me to congratulate me when I won my presidential election, and the second time you are now calling me when my party won the parliamentary election. I think I should run more often so you can call me more often and we can talk over the phone more often.

The President: (laughter) That’s a very good idea. I think your country is very happy about that.

President Zelenskyy: Well yes, to tell you the truth, we are trying to work hard because we wanted to drain the swamp here in our country. We brought in many many new people. Not the old politicians, not the typical politicians, because we want to have a new format and a new type of government. You are a great teacher for us and in that.

The President: Well it is very nice of you to say that. I will say that we do a lot for Ukraine. We spend a lot of effort and a lot of time. Much more than the European countries are doing and they should be helping you more than they are. Germany does almost nothing for you. All they do is talk and I think it’s something that you should really ask them about. When I was speaking to Angela Merkel she talks Ukraine, but she ·doesn’t do anything. A lot of the European countries are the same way so I think it’s something you want to look at but the United States has been very very good to Ukraine. I wouldn’t say that it’s reciprocal necessarily because things are happening that are not good but the United States has been very very good to Ukraine.

President Zelenskyy: Yes you are absolutely right. Not only 100%, but actually 1000% and I can tell you the following; I did talk to Angela Merkel and I did meet with her I also met and talked with Macron and I told them that they are not doing quite as much as they need to be doing on the issues with the sanctions. They are not enforcing the sanctions. They are not working as much as they should work for Ukraine. It turns out that even though logically, the European Union should be our biggest partner but technically the United States is a much bigger partner than the European Union and I’m very grateful to you for that because the United States is doing quite a lot for Ukraine. Much more than the European Union especially when we are talking about sanctions against the Russian Federation. I would also like to thank you for your great support in the area of defense. We are ready to continue to cooperate for the next steps specifically we are almost. ready to buy more Javelins from the United States for defense purposes.

The President: I would like you to do us a favor though because our country has been through a lot and Ukraine knows a lot about it. I would like you to find out what happened with this whole situation with Ukraine, they say Crowdstrike… I guess you have one of your wealthy people… The server, they say Ukraine has it. There are a lot of things that went on, the whole situation. I think you’re surrounding yourself with some of the same people. I would like to have the Attorney General call you or your people and I would like you to get to the bottom of it. As you saw yesterday, that whole nonsense ended with a very poor performance by a man named Robert Mueller, an incompetent performance, but they say a lot of it started with Ukraine. Whatever you can do, it’s very important that you do it if that’s possible.

President Zelenskyy: Yes it is very important for me and everything that you just mentioned earlier. For me as a President, it is very important and we are open for any future cooperation. We are ready to open a new page on cooperation in relations between the United States and Ukraine. For that purpose, I just recalled our ambassador from United States and he will be replaced by a very competent and very experienced ambassador who will work hard on making sure that our two nations are getting closer. I would also like and hope to see him having your trust and your confidence and have personal relations with you so we can cooperate even more so. I will personally tell you that one of my assistants spoke with Mr. Giuliani just recently and we are hoping very much that Mr. Giuliani will be able to travel to Ukraine and we will meet once he comes to Ukraine. I just wanted to assure you once again that you have nobody but friends around us. I will make sure that I surround myself with the best and most experienced people. I also wanted to tell you that we are friends. We are great friends and you Mr. President have friends in our country so we can continue our strategic partnership. I also plan to surround myself with great people and in addition to that investigation, I guarantee as the President of Ukraine that all the investigations will be done openly and candidly.. That I can assure you.

The President: Good because I heard you had a prosecutor who was very good and he was shut down and that’s really unfair. A lot of people are talking about that, the way they shut your very good prosecutor down and you had some very bad people involved. Mr. Giuliani is a highly respected man. He was the mayor of New York City, a great mayor, and I would like him to call you. I will ask him to call you along with the Attorney General. Rudy very much knows what’s happening and he is a very capable guy. If you could speak to him that would be great. The former ambassador from the United States, the woman, was bad news and the people she was dealing with in the Ukraine were bad news so I just want to let you know that. The other thing, There’s a lot of talk about Biden’s son, that Biden stopped the prosecution and a lot of people want to find out about that so whatever you can do with the Attorney General would be great. Biden went around bragging that he stopped the prosecution so if you can look into it… It sounds horrible to me.

President Zelenskyy: I wanted to tell you about the prosecutor. First of all, I understand and I’m knowledgeable about the situation. Since we have won the absolute majority in our Parliament, the next prosecutor general will be 100% my person, my candidate, who will be approved, by the parliament and will start as a new prosecutor in September. He or she will look into the situation, specifically to the company that you mentioned in this issue. The issue of the investigation of the case is actually the issue of making sure to restore the honesty so we will take care of that and will work on the investigation of the case. On top of that, I would kindly ask you if you have any additional information that you can provide to us, it would be very helpful for the investigation to make sure that we administer justice in our country with regard to the Ambassador to the United States from Ukraine as far as I recall her name was Ivanovich. It was great that you were the first one who told me that she was a bad ambassador because I agree with you 100%. Her attitude towards me was far from the best as she admired the previous President and she was on his side. She would not accept me as a new President well enough.

The President: Well, she’s going to go through some things. I will have Mr. Giuliani give you a call and I am also going to have Attorney General Barr call and we will get to the bottom of it. I’m sure you will figure it out. I heard the prosecutor was treated very badly and he was a very fair prosecutor so good luck with everything. Your economy is going to get better and better I predict. You have a lot of assets. It’s a great country. I have many Ukrainian friends, their incredible people.

President Zelenskyy: I would like to tell you that I also have quite a few Ukrainian friends that live in the United States. Actually last time I traveled to the United States, I stayed in New York near Central Park and I stayed at the Trump Tower. I will talk to them and I hope to see them again in the future. I also wanted to thank you for your invitation to visit the United States, specifically Washington DC. On the other hand, I also want to ensure you that we will be very serious about the case and will work on the investigation. As to the economy, there is much potential for our two countries and one of the issues that is very important for Ukraine is energy independence. I believe we can be very successful and cooperating on energy independence with United States. We are already working on cooperation. We are buying American oil but I am very hopeful for a future meeting. We will have more time and more opportunities to discuss these opportunities and get to know each other better. I would like to thank you very much for your support.

The President: Good. Well, thank you very much and I appreciate that. I will tell Rudy and Attorney General Barr to call. Thank you. Whenever you would like to come to the White House, feel free to call. Give us a date and we’ll work that out. I look forward to seeing you.

President Zelenskyy: Thank you very much. I would be very happy to come and would be happy to meet with you personally and get to know you better. I am looking forward to our meeting and I also would like to invite you to visit Ukraine and come to the city of Kyiv which is a beautiful city. We have a beautiful country which would welcome you. On the other hand, I believe that on September 1 we will be in Poland and we can meet in Poland hopefully. After that, it might be a very good idea for you to travel to Ukraine. We can either take my plane and go to Ukraine or we can take your plane, which is probably much better than mine.

The President: Okay, we can work that out. I look forward to seeing you in Washington and maybe in Poland because I think we are going to be there at that time.

President Zelenskyy: Thank you very much Mr. President.

The President: Congratulations on a fantastic job you’ve done. The whole world was watching. I’m not sure it was so much of an upset but congratulations.

President Zelenskyy: Thank you Mr. President bye-bye.

—–The end of conversation—–

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Norway`s trade surplus plunged NOK 24 billion in August

Norway`s trade surplus plunged NOK 23,8 billion in August this year. All the way down from NOK 30,5 billion to NOK 6,7 billion in the same month the prior year. This is happening in a country that is famous for being «the last Soviet state.» A country were the Communist party is growing in popularity like never before.

But is doesn`t matter, because most of the income is coming from oil and gas. In addition; they have $1 trillion in assets called The Government Pension Fund Global, also known as the Oil Fund. The fund was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector.

The fund have stocks in 9158 different companies in 73 different countries. Most of the capital is invested in stocks and some of it in fixed income securities. A small part of the investments is invested in the real estate market.

The goal is to contribute to the walfare state.

Therefore, the fund and the country is dependend on sustainable growth, markets that works well and inovation.

Oil prices jumped more than 20 percent on Monday and that`s good news for Norway. The higher the price of oil, the more they earn. 62 percent of Norway`s export comes from Mineral fuels, oils and distillation products.

We all know that these category is on the way out. So, the “new oil” is fish that stands for 9,5 percent of the exports. In other words; this model is fragile.

The biggest trading partner is the United Kingdom with 22 percent export. Second is Germany with 16 percent. Third; Netherlands at 11 percent, France and Sweden with 6,7 percent. Down on the export list we will fine the U.S at 4,7 percent and China with 2,1 percent.

Two of the biggest trading partners are in trouble. United Kingdom with Brexit and Germany near recession. In addition; we have the trade tension between the U.S and China. As you can see; a higher oil price came at the right point for the fund as 62 percent of the exports comes from oil.

Brent climbed as much as 20 percent on Monday and that is the biggest percentage move since 1990 Kuwait invasion. It jumped up to $71 per barrel in the seconds after the open, before pulling back about half of the initial surge. That was equivalent to $12 increase, and that is the largest gain in dollar terms since 1988. All this is good news for Norway that is dependend on oil.

But the Nobel Peace Prize Country need to wake up, because this won`t last forever. Higher oil prices is good but that is not enough. The Petro dollar can also be a game changer in addition to all the electric vehicles that is flooding the market. Every single EV sold will decrease the demand for oil every single day.

Nor is fish enough. Oil is good especially if you are in a cartel business. You don`t have much competition either because oil is very limited in other countries. 70 percent on this planet is water and there are lots of fish in it. Other countries can start to compete in the fish industry whenever they want. Fish is not as unique as oil. Competitors can pop up and take market shares and push the prices down. Like Russia.

Russian aquaculture is planning a new RUB 1,5 billion smolt plant and that will reduce the dependence of Norwegian fry imports. Russian Aquaculture produces around 18,000 tonnes of salmon and trout on the Kola peninsula, the for northwest of Russia. Among the owners of the company are Maksim Vorobyov, the brother of the governor of Moscow.

Russia will triple the production in 11 years. The deputy head of Russia`s Fedral Agency for Fisheries Vasily Solokov has told Tass that the Russian government is drawing up plans to make salmon production account for 37 percent of all aquaculture by 2030.

Some Russian producers are hoping to increase production to cover one third of the country`s entire salmon and trout consumption. A peninsula in northern Russia which is close to key military bases and nuclear submarines is being used to grow the country`s salmon farming regime.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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The Deep State and the International Elite wanted the Russia collusion to be true but it was a big hoax

The establishment and some people at the top of the FBI did everything they could to stop Donald Trump from being the next president in the U.S. What they did is a big crime and there will be a reckoning some time in the near future.

We all saw the criminal collusion between the DNC (the Democratic Committee), the Deep State and the International elite that wanted all this crap about the Russia Hoax to be true. It wasn`t. The Main stream Media lied to you, but «the destroy Trump Media» failed.

The majority of the voters wanted Trump who was a gigantic threats to the establishment because they didnt have control over him. They didnt like his success, so they said he won because Putin and Russia helped him. Unfortunately, the Mueller report concluded that there is no collusion, which means Trump won because people wanted him. But there is something going on here.

Tucker is talking about a city that has become paranoid, distrustful and angry. He spoke to people who said they cant text him this and that. They say they cant have conversations with Tucker because they are too nervous. They are afraid.

Tucker are wondering what country he lives in? And who want`s to live in a country where people are nervous and afraid?

The #1 New York Times best-selling author and creator of the second highest grossing political documentary film of all time, Dinesh DSouza talks about it in his latest film «Death of a Nation». Its all about Gleichschaltung.

Death of a Nation reveals the Left`s dark past and proves once and for all that fascism and racism come not from Trump, but from the Democrats. He said, Lincoln saved America from the Democrats for the first time. Can Trump, and the people, come together and save America for the second time?

Fascism and racism is not only an issue in the U.S. To understand it, we have to look at how the West is built. «The System» are successful if people are silent, but if they speak up like Fox News and alternative media, they have big trouble.

Look at the history. Hitler and the Nazi Party had tremendous success with this strategy; Gleichschaltung, or in English co-ordination. Hitler and the Nazi Party established a system of totalitarian control and coordination over all aspects of German society, «from the economy and trade associations to the media, culture and education».

Historians Robert Michael and Karin Doerr define Gleichschaltung as: «Consolidation. All the German Volk`s social, political, and cultural organizations to be controlled and run according to Nazi ideology and policy. All opposition to be eliminated.

In 1933, President of Germany Paul von Hindenburg, acting at Hitler`s request and on the basis of the emergency powers in article 48 of the Weimar Constitution, issued the Reichstag Fire Decree. This decree suspended most citizen rights provided for by the constitution and thus allowed for the arrest of political adversaries, mostly Communists, and for terrorizing of another electors by the Sturmabteilung (SA) (Nazi paramilitary branch) before the upcoming election.

One of the most important setups towards Gleichschaltung of German society was the introduction of the «Ministry of Public Enlightenment and Propaganda» under Joseph Goebbels in March 1933 and the subsequent steps taken by the Propaganda Ministry to assume full control of the press and all means of social communication.

This included oversight of newspapers, magazines, films, books, public meetings and ceremonies, foreign press relations, theater, art and music, radio, and television. To this end, Goebbels said:

“The secret of propaganda is to permeate the person it aims to grasp, without his even noticing that he is being permeated. Of course propaganda has a purpose, but the purpose must be concealed with such cleverness and virtuosity that the person on whom this purpose is to be carried out doesn`t notice it at all.”

This was also the purpose of «co-ordination, to ensure that every aspect of the lives of German citizens was permeated with the ideas and prejudices of the Nazis. From March to July 1933 and continuing afterwards, the Nazi Party systematically eliminated or co-opted non-Nazi organizations that could potentially influence people. Those critical of Hitler and the Nazis were suppressed, intimidated or murdered.

Every national voluntary association, and every local club, was brought under Nazi control, from industrial and agricultural pressure groups to sports associations, football clubs, male voice choirs, women`s organizations, the whole fabric of associational life was Nazified.

Rival politically oriented clubs or societies were merged into a single Nazi body. Existing leaders of voluntary associations were either unceremoniously ousted, or knuckled under of their own accord. Many organizations expelled leftist or liberal members and declared their allegiance to the new state and its institutions.

The whole process went on all over Germany. By the end, virtually the only non-Nazi associations left were the army and the Churches with their lay organizations.

When the blatant emphasis of racial hatred of others seemed to reach an impasse in the school system, through radio broadcasts, or on film reels, the overseers of Nazi Gleichschaltung propaganda switched to strategies that focused more on togetherness and the «we-consciousness» of the collective Volk, but the mandates of Nazi «coordination» remained pay homage to the Fuhrer, expel all foreigners, sacrifice for the German people, and welcome future challenges.

While greater German social and economic unity was produced through the Gleichschaltung initiatives of the regime, it was at the expense of individuality and the social detriment of any nonconformist; and worse; it contributed to and reinforced the social and racial exclusion of anyone deemed an enemy by National Socialist doctrine.

Control of the printed word is not something new. Thomas Jefferson talked about it over 200 years ago. «The man who reads nothing at all is better educated than the man who reads nothing but newspapers.» But, there is a game changer; Internet.

It seems like an era of deceit is coming to an end. Internet access, social media and freedom of speech makes it difficult to control peoples minds. Lies and fake news is still out there but it doesnt work the same way as it did.

You know what society you live in if people are silent. You are living in a bad society, not because of those who do evil, but because of those who look on and do nothing. All tyranny needs to gain a foothold is for people of good conscience to remain silent. Fox News is one of the few in the West who are doing what establishment press and journalists actually should do.

Fox News has become the most popular TV channel which is about four times more popular than fake news CNN that is slowly dying.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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Euro Area`s main import partners are the United Kingdom with 10% and China with 12% of total imports

A no-deal Brexit is not only bad for the United Kingdom but also for the Euro Area. They will both loose on it and that`s why a win-win should be a goal for them both. Populist-Italy is already into a recession, and other Euro Area-countries can follow.

Main imports in Euro Area are energy, manufactured goods and machinery. Main import partners are China with 12 percent of total imports and United Kingdom with 10 percent. Imports rose 1,9 percent in December 2018, while exports fell 2,5 percent in the same period.

According to Comtrade`s database, United Kingdom take most of their imports from Germany. 14 percent of their import comes from Germany and a no-deal Brexit means less German cars sold in the U.K. Total value of German imports came in at $89.23B in 2017.

9,5 percent of the import comes from China and 9,4 percent comes from the United States. Both of them outside of the Euro Area. The value of the import from China was 59,78B, and 59,75B from the U.S in 2017.

When it comes to export, the U.K`s biggest trading country is the United States which account for 14 percent. Second is Germany with 11 percent with France on third with 7,6 percent. Total value of exports to the U.S is $59,09B. Germany; $46,64B.

As you can see, the U.K are in balance with the U.S but when it comes to Germany they buy twice as much as the sell to the Germans. In other words they have a trade deficit with Germany. A no-deal Brexit can end up with less BMW and WV cars and more Tesla`s in the U.K.

German factories will lose money and market shares while other brands and countries will prosper. We will face a radical shift in the trade balance.

56 percent of the U.K exports goes to Europe while 40 percent goes to Asia and America. The economy is slowing down and the British economy grew by 0,2 percent on quarter in the three months to December last year. In comparison; the U.S economy advanced an annualized 3,4 percent.

The U.K trade deficit decreased to GBP 0,32 billion in December of 2018. Imports declined 1,6 percent to GBP 55,85 billion and exports fell at a slower 1 percent to GBP 52,62 billion. Balance of trade reached an all time low of -5749 GBP million in October of 2013.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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