The financial world is in shock because they like the status quo.
The BREXIT was approved because the world aka the 99% including Britain wants change, any kind of change. Which of course explains Donald Trump’s success in the US.
The polls probably did not reflect the last minute decision makers and instead reflected the people who were able to be polled aka the retired people on the street who had time to answer silly polling questions. These are generally conservative people who do not like change.
WHAT DOES BREXIT MEAN?
Well the financial world is in turmoil because they also do not understand what this means. So you can expect the stock markets around the world to be very negative for quite a while. There may be enough negativity that we may experience a recession, which a number of respected economists have predicted for months.
Change is coming. The demographics show the population is becoming more diverse aka less Caucasian. Also the young voters are saying “We are tired of inequality and of politicians paid by the rich to do their work. Your generation had your chance. Now it is our turn and we are going to do something different.”
If you want some other financial advice, see this.
He made a very good point about climate change and renewable energy: It really doesn’t matter what you believe. Here is what he said.
There are two doors. Behind Door Number One is a completely sealed room, with a regular, gasoline-fueled car. Behind Door Number Two is an identical, completely sealed room, with an electric car. Both engines are running full blast.
I want you to pick a door to open, and enter the room and shut the door behind you. You have to stay in the room you choose for one hour. You cannot turn off the engine. You do not get a gas mask.
I’m guessing you chose the Door Number Two, with the electric car, right? Door number one is a fatal choice – who would ever want to breathe those fumes?
It’s a strong point, but even more importantly, it’s a bipartisan point.
Here is the real deal. You pick a door and we agree to never argue about climate change again. Agreed?
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