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| Britain |
| ‘Some crash, some crisis' |
| 2016-07-01 |
| h/t Instapundit [FinancialPost] As the world marks the first week anniversary of last Thursday’s Brexit vote, it’s time for a review of the carnage -- the record-setting demolition of trillions in market value, the Lehman Brothers-like tipping point to financial meltdown, the currency devaluations, the portents of recession and global economic crises -- all the stuff that didn’t happen. |
| Posted by:g(r)omgoru |
| #4 What their concerned about is that the rubes are catching on that classical democracy is dead and that they're expected to be content with being ruled by those who despise and hate them. |
| Posted by: Procopius2k 2016-07-01 15:43 |
| #3 For the smart high rollers it's a buying opportunity. The consensus I'm seeing is that this is a dip rather than a crash, because until Brexit agreements are reached nothing will change. Henry Kissinger wrote the other day that PM Cameron called the Brxit referendum to shut up the Leave segment of his coalition, with most of those on both sides expecting it to be soundly trounced; so it aeems to me quite possible action toward leaving will be slow and reluctant. What that will do to politicsl careers on the right is no doubt being pondered at the moment. Labour, in the meantime, is becoming even more blatantly antisemitic. |
| Posted by: trailing wife 2016-07-01 12:48 |
| #2 What? You think the high rollers are gonna take a loss like that? |
| Posted by: Abu Uluque 2016-07-01 11:57 |
| #1 Sort of like the several times the US government shut down, except lately, the gov't would manufacture a crisis - close National Parks, for example. |
| Posted by: Bobby 2016-07-01 07:54 |