|
|
Post by blackwoodcompany on Jun 25, 2016 18:09:45 GMT -5
 Over the last two days, I was shocked about something I should have been aware of. With the problems in the European Union, the British Parliament made the vote and officially withdrew from the Union. But sadly, it had its effects. Yesterday, the stock markets here in the U.S. and I know for sure in the U.K. dropped huge. I don't know still why yet, but now another huge moment today is shocking me. THE BRITISH PRIME MINISTER DAVID CAMERON IS STEPPING DOWN! I am not sure yet, but I have a feeling that the European Union maybe staring to suck! |
|
|
|
Post by billmcdee on Jun 26, 2016 6:20:36 GMT -5
The problems mirror what we face here in the United States, sluggish economy, illegal immigration/open border policy and terrorism.
Furthermore, the U.K. and 52% of its citizens grew resentful having someone else in another country what they could and could not do.
In theory, it was meant to be an economic thing I believe, but ultimately, with open borders and terrorism striking Brussels and Paris, coupled with the Islamic extreme terrorism that has taken place annually here in the United States the past several years, the U.K. decided enough was enough. They were mad as hell and were not going to take it anymore.
Countries, especially ones as old and as proud as the United Kingdom, I am sure resent being told by another country how hot they can make their tea, etc.
Any time there is any kind of big change made, there is a great deal of uncertainty attached to it, and thus, the stock markets around the world over reacted as usual. It happened during 9/11. It happened in October 1987. It happened in 2008, and every time we muddled through somehow. To me, there's far more uncertainty with this bogus Iran deal which allows them to create nukes. Far more uncertainty since ISIS has been allowed to form and grow like a cancer throughout the globe. Those reasons would make far more sense about fear and uncertainty rather than a nation as old as the U.K. wanting to take back their sovereignty.
|
|
|
|
Post by blackwoodcompany on Jun 26, 2016 15:13:32 GMT -5
I have to agree with you Bill on so much. You cannot degrade a person because of their beliefs. I have also seen so many people get so angry because of this all the time.
Plus on the open borders, I think as well that they did have enough, and why nothing was really done about it was beyond me. It is now clear that something is about to happen and I don't know yet what it will be.
I look about that sell off, and it broke the record set in September 2008 which was $1.9 trillion globally. The selloff Friday is was at $2 trillion.
But nonetheless, something terrible was happening and I knew things there were starting to suck, but I was not sure if I wanted to say that they are. Only time will tell if the U.K. made the right decision or not. Plus, with the presidential election in five months, this will be even bigger how Trump and Clinton will deal with this.
|
|
