“Brexit” – I can’t stand these catch phrase / trending terms – “Brexit”.
Although rather fitting in this case right…..who would’a thunk?
The hoity toits of Great Britain have actually pulled the plug on remaining a part of The E.U. Currency markets ( not to mention equity markets! ) are flipping out. Truly “exciting times” we live in today.
Now…..the question begs – WTF? ( what the f*$k? )
Is this an economic issue? Political? Or……..perhaps even more telling – an IMMIGRATION ISSUE?
You don’t see it as close to home – like the Brits do. Things are clearly getting out of hand with respect to the huge numbers of people now “displaced” due to the insanity raging in the Middle East. the British people have stood up and said “hey!” We can’t just stand by and watch our great nation “dilute”.
Touchy stuff for sure – as I am a globalist.
The “movement of human beings on this earth” has accelerated considerably over the past few years, and has now gone “parabolic”. There is true and legitimate “fear” out there, as people ( mostly narrow-minded and slow ) hold tight to what they know…..what they understand – what they feel is “safe”.
I don’t see this as an economic issue ( although that will come next ) but more so as another indication of the larger issue at hand….and the larger issue on most people’s minds. People are moving! The world is shrinking! People are starting to freak out.
Keep in mind Britain’s place on the global stage. They OWN the banks. They are all-powerful in ways the common man may never truly absorb/understand. The British Pound ( GBP ) isn’t going anywhere as the world’s “elite” hold it in vast quantities. They’ve already built their spaceships…and paid for it in pounds.
I’m curious to see what “spin” the two America clowns running for President put on it. The timing couldn’t be better.
In any case…..catch the news tomorrow morning, and expect all kinds of fireworks. I’ve not posted or traded for well over a month now – essentially proving a point.
Remember Apple short at 111.00? Remember suggestions that”2100″ in SP 500 was the high water mark? You’ve spent the last few months pulling out your hair trying to figure this out.
I’ve got a killer tan and cash in the bank. Hairline intact.