Armstrong Economics Blog/BRITAIN
Re-Posted Sep 29, 2017 by Martin Armstrong
Prime Minister Teresa May has walked into a hornet’s nest. By trying to drag out BREXIT into 2021 or beyond, the European Parliament has responded that it is set to demand that Britain will have to still be subject to all EU regulations and be subordinate to the European Court. That means trading in London will be seriously harmed by the anti-short selling policies of the EU and the ban on selling government bonds short.