Brexit

“The people have spoken…and they must be punished.” – Ed Koch, famous mayor of NYC.

The UK leaving the EU isn’t the end of the world. All it really means, in practice, is that the top guys in Brussels have to order new stationary.

The world got along without the EU twenty years ago, they’ll get along without it now. Not a big deal.

What does surprise me is that the UK voted for the secession. How often do you hear of anyone seceding from anything without a war or revolution?

If I had to bet, I’d say markets are back to normal by next Wednesday as people have an entire weekend to realize that it’s not a big deal. What is a big deal, though, is that the UK might just have been the first rat off the ship and the EU might start getting a  little sticky about who else leaves. Stay tuned.

2 thoughts on “Brexit

  1. Having family and friends there and hearing about all of the horror stories regarding the ‘Moors invasion’ and the Gov 5th columnists helping, it wasn’t a surprise to me. Here’s a link that explains it quite well. Be sure to look at the map. Spoiler alert; Braveheart must be rolling over in his grave.

    https://neociceroniantimes.wordpress.com/2016/06/24/for-queen-and-country-and-anglospheric-culture/#more-225

    I’m very happy for them all and look forward to several other countries leaving too (France likely next).

  2. I keep having visions of Frau Merkel clutching her pearls.

    So does this mean rainbows and unicorns will not fall from the sky in the worker’s paradise of the EU? I thought that was in the charter.

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