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Brexit - Printable Version

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Brexit - jtkung - 06-23-2016

It's crunch time for financial markets. Big corporations and incumbents want to remain, the little guys affected by immigration want to leave. It will be interesting to see what happen. Either way, it's clear Britain is divided, so it won't be the end in this debate.


RE: Brexit - jtkung - 06-24-2016

Well, the unthinkable happened and financial markets are shaken -- down about 5-10%.  Will the contagion spread to other EU countries?  We shall see. And to think this was basically motivated by anti-immigration -- specifically because of the refugee crisis from Syria.  You could argue if it wasn't for this displacement and EU acceptance of immigrants, this referendum might have never happened.


RE: Brexit - jtkung - 07-21-2016

And yet -- after Brexit, US markets are at all time highs!   Unpredictable like a casino ...