Friday, June 24, 2016

A Scarecrow to other nations

The British just voted to leave the European Union with much of the vote for the separation driven by Xenophobia and the fact is that the new economic system has left many behind.

The British pound has taken a steep drop. http://qz.com/715669/the-british-pound-is-getting-crushed/

It could break up the United Kingdom. http://qz.com/715751/could-brexit-spark-the-breakup-of-the-united-kingdom/

There will be negative consequences here. http://www.politico.com/story/2016/06/british-voters-just-unleashed-an-economic-and-political-tsunami-224755

Our local Texan idiots are using Brexit as a model for Texit.

https://www.facebook.com/texasnatmov/

The successful passage of Brexit should serve as a warning here what could happen. An economic that serves elites eventually is going to get opposition.

It will be interesting to see what a heavily populated island with not that many natural resources and long dependent on trading does as an isolationist nation.

It might be that Britain will serve as a warning to other nations what happens when you make these type of choices.

No comments:

Related Posts Plugin for WordPress, Blogger...

Popular Posts Last 30 days

Popular Posts All Time