7-1-16
In a surprise to pollsters, the British electorate voted to leave the European Union, 6-23-16. Brexit. The immediate consequences were quick to come. Stock markets were markedly down across the world. Should be a temporary issue as the greedy recover from unbridled fear. Will take two years to negotiate leaving the EU. It's not likely Britain will discontinue trade with the rest of Europe. Nor will Britain leave NATO.
Not clear yet what the long-term ramifications of this move will be, however. No one seems to know. That drives fear. Insane fear. Mindless fear. What is clear is the fact the British want their freedom. Don't wish to be dictated to by the EU. ... Think the U.S. would ever have agreed to a similar arrangement with Canada and Mexico? Snow ball's chance.
The British consider this their Independence Day. British subjects claim they will watch their government very closely to make sure it follows through. Prime Minister David Cameron quickly announced he would resign later in the fall.
Several other EU countries may also decide to leave. Scotland may leave the United Kingdom as a result of Brexit. ... After recently voting to stay in the UK because it wished to remain in the EU. Interesting, isn't it? Precisely, why it's so difficult to predict the future and the ramifications of Brexit.
One thing for sure, British millennials are unhappy about the vote. Blame Baby Boomer parents for supporting Brexit. Claim they (millennials) will ultimately pay the price. Certainly, will make living in England more expensive at least initially. Make it more difficult and expensive to travel to Europe. Decrease job opportunities in Europe for them since Britain will no longer be a member of EU.
Tim Chorney, Publisher
Liberty In Peril
Tim Chorney, Publisher
Liberty In Peril
Formerly,
The Llano Ledger
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