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Brexit Day Two

6/25/2016

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the "common sense" approach perhaps is that Britain leaving the EU is bad for Great Britain but my expectation is this turns out to be a positive step long-term

it can't be much longer before the EU is over . . . probably 3 years max (if that)

the historical precedent we've seen is the break-up of the USSR

those who bet on the EU -- and this is a pretty big bet by lots of people with chips on the table

will see that bet go sour . . . in 2008, the middle class lost

this time, in spite of every artificial measure they take -- and they are sure to keep trying

the tides of change wash over "the rich"; the economy should have tanked in 2008 but "protectionism"

was the mantra of those who needed protecting -- this need was "self-defined"

Bastille Day 2 (as I have said, off and on, since 2008) is coming

the economic shake and bake is about to happen

it is measured now in weeks, not years not months

weeks

when more countries in the EU start "voting" on whether to leave, and the potential for sovereign nations to default on their loans becomes reality

and these aren't going to be isolated pockets but large blocks of people, with military and natural resources of their own

when that day "happens" and the banks "fail"

then life will be "entertaining" indeed
​
popcorn on table, butter heating on stove
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