CNBC,
Bankruptcy of the United Kingdom was called years ago by yours truly
Forums - United Kingdom Crash/Burn .. C A L L
The United Kingdom is a total disaster, a disgrace. Sales tax @ 20%, Brits fleeing in droves to find a better life that does NOT include the UK govt. robbing them blind. Heck, day in and day out Brit expats all over the world complain, complain and mourn and groan. The ones still left in England are truly living in Lalaland, oblivious .........................
This oughtta wake 'em up ......
The London Footsie ^FTSE 100 Index in a stupendous TOPPING pattern. What is a Topping Pattern? Its akin to a massive speeding locomotive that is losing speed from lack of propulsion (buying and economic strength) - said locomotive then goes into a centripetal slowdown before the sheer weight of this monstrosity brings it downward into a near vertical drop.
The Roman empire went thusly. The now old and rusty and quite useless UK Empire will suffer the same fate.
But there is hope yet - nothing happens until the neckline #1 is broken and then for the real juice, neckline #2 must be broken decisively.
If neckline #2 is broken bigtime the fall will thereafter be quite dramatic. I shall give targets later on in the game as soon as the necklines break. That will be the right time - now is a tad premature.