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Monday, June 27, 2016

Civil Uprising Escalates As 8th EU Nation Threatens Referendum

It appears, just as we warned, that Brexit was indeed the first of many dominoes. Even before the Brexit result, a poll by Ipsos Mori showed that the majority of people in France and Italy want to at least have a referendum on leaving:
Meanwhile, over 40% of Swedes, Poles, and Belgians are in the same boat.
But now, as Martin Armstrong notes, Brussels simply went too far. They cross the line moving from an economic union to a political subordination of Europe. Now eight more countries want to hold referendums to exit the EU – France, Holland, Italy, Austria, Finland, Hungary, Portugal, and Slovakia all could leave.
With Hollande's approval rating at about 11%, and Merkel lucky she is not tarred & feathered, the Front National leader Marine Le Pen has pledged to hold a French referendum. Hollande rejected Le Pen's call for a refendum today during their meeting; prompting the following from the leader of France's far-right National Front party:

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