Tag Archives: U.K

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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The safety of the people shall be the highest law

Emergency! Emergency! People in France are putting their yellow vests on because they are in an emergency situation. This is a yellow vest that everybody have in their own car in case of an accident. The yellow vest protests started in November last year because the authorities was planning to rise the cost of fuels, which is something most people in France can`t afford.

President Donald Trump doesn`t wear a yellow vest, but he is also in an emergency situation. He recently announced that he could “call a national emergency” to build a wall on the border with Mexico. Is that really a national emergency?

(Click the picture to enlarge)

A morning consult poll show that 42% of all voters belive there is a major crisis at the border while 72% of the Republicans agree. Former president Barrack Obama said it is a crisis at the border and so did Chuck Schumer. But now, most of the Democrats are against it.

Mr Trump said in a speech that more people die at the border than American lost in the Vietnam war. So, the situation at the border can be described as a war zone. Worse than the Vietnam war. Isn`t that an emergency situation?

A state of emergency is a situation in which a government is empowering to perform actions that it would normally not be permitted. A government can declare such state during a disaster, civil unrest, or armed conflict.

Such declaration alerts citizens to change their normal behaviour and orders government agencies to implement emergency plans.

In the United Kingdom, only the British Sovereign, on the advice of the Privy Council is able to proclaim emergency regulations under the Civil Contingencies Act 2004 in case of any seriously fatal threats to their human welfare, their human society, and their environment, such as warfare or terrorism.

A state of emergency was last invoked in the U.K in 1974 by Prime Minister Edward Heath in response to increasing Industrial action.

Industrial action (or job action – North American English) is a temporary show of dissatisfaction by employees, especially a strike or slowdown or working to rule to protest against bad working conditions or low pay and to increase bargaining power with the employer and intended to force the employer to improve them by reducing productivity in a workplace.

Industrial action may take place in the context of a labour dispute or may be meant to effect political or social change. This form of communication tends to be their only means to voice their concerns about safety and benefits.

On December 10, 2015, Washington state Governor Jay Inslee declared a state of emergency due to flooding and landslides caused by heavy rains. The U.S states of South Caroline, North Carolina, Virginia, Georgia and Maryland declared states of emergency on September 8, 2018 in advance of Hurricane Florence.

Another ongoing national emergency, declared after the September 11 attacks, authorizes the president to retain or reactivate military personnel beyond their normal term of use. Former President George W. Bush and Barrack Obama, and current President Donald Trump, have chosen to extend the duration of the proclamation each year following its original declaration. Currently, the proclamation will remain in effect until September 14, 2019, unless it is extended again by the president.

President Trump are doing everything he can to protect the American people. He cut taxes, boost the stock market, lowering the unemployment rate and increase wages. He want to build the wall because so many people die at the border with Mexico.

There are drugs, criminals, rape and murders at the border, and this makes it an emergency situation for Mr Trump. He sounds like Marcus Tullius Cicero at the Roman Empire who said the safety of the people shall be the highest law.

Unfortunately, the same can not be said about Macron. He`s brain seems to be in Brussels and not in France. He should be more Nationalist like Trump and Ghandi and protect his own citizens. Rising fuel costs is not the right medicine for the people in France with an unemployment rate of 9,1%.

Don`t blame on Macron for everything because the record low of the French unemployment is 7,2%, and personal income tax rate is 45%.

Salus populi suprema lex esto (latin: the health, welfare, good, salvation, felicity) of the people should be the supreme law, Let the good (or safety) of the people be the supreme (or highest) law», or «The welfare of the people shall be the supreme law») is a maxim or principle found in Cicero`s De Legibus (book III, part III, sub. VIII).

The phrase is the state motto of Missouri, accepted, like many other states, as an element of its state seal. Macron has probably something to think of.

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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President Emmanual Macron criticized President Donald Trump for being a Nationalist but should take a lesson from him

French President Emmanuel Macron criticized the U.S President Donald Trump a few weeks ago. Macron said Trump was a Nationalist, and Mainstream Media (MSM) followed up to say that Hitler was also a Nationalist. Wow, what a comparison.

What journalists in the MSM is not telling people is that even Mahatma Ghandi was a Nationalist. The National Movement in India and the role of Mahatma Ghandi and Non-Violence is an example. Employing nonviolent nationalist movements as his weapon, Ghandii stirred Indian men and woman to «fight» for independence without shedding blood. But Ghandi was also a populist. Just like Trump.

Ghandi considered himself one, and his mission was primarily the establishment of a free, independent, culturally distinct Indian nation. He used to say that “nonviolent nationalism is a necessary condition of corporate or civilized life.” (As opposed to violent nationalism).

In the book “Autobigraphy of a Yogi” the writer, Paramahansa Yogananda, quotes Ghandi`s own words on nationalism:

“I call myself a nationalist but my natioanlism is as wide as the universe; it embraces all nations. My nationalism includes the prosperity of all nations. I do not want my India to raise on from the ashes of other nations. I do not want India to ever exploit any human. I want a strong India able to transfuse its strength to other nations.Today, none of the European countries does this; they do not transfer power to other nations.”

Ghandi was also a populist. Who know that? Populist rule is bad for democracy, but despite that, we can see that populists are being voted into office in country after country. Narendra Modi win elections when the institutionalized ties between non-populist parties and voters decay.

But there is a big difference between the populism we see outside of the U.S than inside. Trumps populism is good populism while many of the other populists are bad. Trumps plan is “America First,” and that`s why he is cutting taxes, made a lot of reforms and negotiated better trade deals.

There is no doubt that European Union is important, but at what cost? Take a look at President Macron. The man who talked about Trump`s Nationalism in his speech while MSM followed up with Nazi stories.

But who is in real trouble here? Rebels in Paris blasts Mr Macron for his gas tax hikes. The opposite of what Trump did. He cuted the taxes and the U.S economy is booming. The U.S unemployment is low while it remain high in France.

This is not the fist time I`m writing about the protesters in France. This is something that has been going on for years and decades. France need to do something to make a change, but do Macron have something to learn from Trump? It remains to see.

But it seems like Macron is doing the opposite of Trump who are a Nationalist and a Patriot. Trumpis doing what he can to protect his own citizens. Its all about "America First" and he wants to Make America Great again. Whats wrong with that?

President Macron is a part of the European Union which is driven by faceless bureaucrats. A collaboration the United Kingdom wants to leave. A collaboration that communist Jeremy Corbyn want to join again. Done by a second referendum.

But Paris rioters steal police rifle and torch cars while they are protesting fuel taxes, but the demonstrations are also an indication of growing animosity toward Macron. President Trump is on his own people`s side but President Macron seems to be against his own people with bad decisions.

People in France believe that Macron is serving the interest of the EU and not the French workers. A President should represent the people, “We the People,” but the French protest movement, known as jilets jaunes (yellow vests), are protesting against its own President and the state of France`s economy as well.

President Macrons popularity is low and will be so for quite some time, because he has given no indication he will bend to the peoples demand. This will give Macron`s political competitors like Marine Le Pen a huge advantage.

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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