BREXIT was a blow to the ambitions of all those who wanted to create another United States (of Europe) or another name for the political union of the all nations falling within the European Union.
The economic unification under the Euro was well underway, when Boris Johnson and Nigel Farage, ruined the party.
Britain was divided, but by a small majority BREXITeers won, for now at least.
Britain under Boris Johnson, is now working hard to create a nation again, which is independent and powerful both politically and economically.
If in the next three to four years, Britain is able to do better than Germany and France, the two torchbearers of European Union, then demise of EU and EURO is given.
In order to ensure that Britain is not given then four years to show that BREXIT was good for the people of United Kingdom, efforts are underway to break the United Kingdom.
Think-tanks and Europe sponsored organisations are supporting
i. Scotland as a separate country.
ii. Northern Ireland to realign with Republic of Ireland.
Attack is the best form of defence. For those who want to protect European Union, failure of BREXIT is ensured if Northern Ireland and Scotland breakaway from United Kingdom.
Britain is already showing signs of recreating its trade alignments successfully,
British response to COVID and the vaccination programme has been much better and faster than the EU. The citizens in Germany, France, Spain and Italy are all unhappy with the delays.
Financial markets are already reflecting the above, with EURO weakening against both, the British Pound and US Dollar.
My expectation is that if Britain is able to keep Scotland and Northern Ireland secure in next three years, EU will see Italy, Greece, France, Spain, Hungary and Poland (in that order) on the basis of the current sentiments.
Financially, after Merkel exit, Germany, the anchor of EU will weaken further. Macron is unlikely to win back the French presidency.
I would not like to hold assets denominated in Euro for the long term. I am betting on demise of EURO in next nine to ten years.
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