Originally Posted by
jabir
Beginning of the end, for Europe, though consolation for malicious Europhiles is that the fallout will sink the UK as well.
German economy struggling and with more stress in the pipeline, Greece due for more free money in the next year or two to bail out Deutsche Bank, Italy and a couple of other pauper states likely to follow, Soros and a string of hedge funds already shorting Deutsche Bank...probably won't happen tomorrow but when the cracks can no longer be papered over with funny money it'll be too late for the 4th Reich and its followers to bail out. Wouldn't surprise me if behind the bluster they're preparing for a continent-wide scramble.
Meanwhile, was it Soros himself or his spokesman who said, “If Britain leaves, it could unleash a general exodus, and the disintegration of the European Union will become practically unavoidable.” Anyone care to speculate whether this evil genius is unloading billions into gold?
And all this without May's timidity, which as posted earlier may well save her if she ends up with such a bad deal that she has to walk away for a hard Brexit, giving EU tyrants the choice between saving face and courting her for a second chance to cooperate for mutual benefit; anyone care to guess which option they would favour?
Either way, if she or her replacement has to go the country they will do so stating the obvious, that the pound and the markets have already priced in Brexit, though there is no way to prepare for the absolute, total disaster of a Corbyn in office, with $/£ parity or worse as markets tank, taxes go through the roof and the brains drain from the UK; and once gone as they did the last time taxes soared, they don't come back.
And anyway, does anyone claim to know Corbyn policies? He’s a career protester voting against everything that falls short of his style of Socialism, whatever that is, never even considered that one day he might have to start making decisions for the country. But upside for him is that young voters know little to nothing about socialism or the human costs of its extreme form.
Back on track, 'experts' give the EU 2 years to infinity, I give 5-10 years.