Despite the elites’ desperate hope that recent ‘losses’ in Holland France ‘prove’ the anti-establishment movement is fading (although they all saw soaring popularity), with Europeans ready to protest, there are still numerous regions urging secession…
There have been 486 military conflicts in Europe in the last 2000 years and while the last decade or two has been ‘peaceful’, we suspect that will not last.
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As BofAML’s Transforming World Atlas details, many areas in Europe have strong secessionist movements (e.g. Scotland, Catalonia, Basque, Flanders, Veneto) or have political parties agitating for greater ruling autonomy.
European political union remains elusive, so does fiscal union, and monetary union is tarred by the fact that nine EU countries – soon to be eight – (Bulgaria, Croatia, Czech Republic, Denmark, Hungary, Poland, Romania, Sweden, and The UK) do not use the Euro.
Reprinted with permission from Zero Hedge.