- the source for market opinions


May 29, 2016 | BREXIT = SWEXIT

Martin Armstrong

Martin Arthur Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.


COMMENT: Dear Mr Armstrong,

I have studied in Britain for a year as Erasmus (EU scholarship) student.

The English students that go and study in Sweden do not have pay tuition as EU members but  if they go and study like I did as Erasmus students for a year they still have to pay fees to their home university in Britain.

In Sweden people that have stayed in Sweden for 17 years are getting sent home to their home countries because people from the EU are supposed to get jobs before them. There are many stories about unmarried men from e.g. Iran who are speaking fluent Swedish, have worked most of the time in Sweden and that own a house have to go back to their home countries. There are also stories about that Sweden have become a tax haven with no wealth tax so people from all over EU are moving here without paying any tax getting free health care…

It is becoming like you wrote about extremists were right extremists and left extremists are on the same side against the EU.

When do think we will see liberal politicians that are against the EU get many votes?

If Britain will leave the EU I think that we will see an election in Sweden soon. In 2003 Sweden voted no to the Euro. In the EU election the following year Junilistan (liberals) a party against the Euro got many votes.

Yours sincerely,

REPLY: This is why they will rig the BREXIT vote. They cannot afford to let the British leave for it will set off a contagion. They know that. Sweden would vote to leave as well. They are getting the blunt end of the stick from the EU.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

May 29th, 2016

Posted In: Armstrong Economics

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.