The people of Britain have just kicked sand into the faces of the world’s central bankers! My hearty congratulations to all of you! This morning, bankers, investors, financial criminals, and their crooked, bought-off politicians are wailing and moaning over the Brexit vote.
A Reuters story pretty much spells it out:
Global financial markets plunged on Friday as results from a referendum defied bookmakers’ odds to show a 52-48 percent victory for the campaign to leave…
Great news! Anytime the stock markets plunge, that means the richest one percent are taking a beating–which probably means good news for the rest of us in the long run.
The pound fell as much as 10 percent against the dollar to touch levels last seen in 1985, on fears the decision could hit investment in the world’s fifth-largest economy, threaten London’s role as a global financial capital and usher in months of political uncertainty. The euro slid 3 percent….
Again fabulous news! Anytime things go awry for market speculators, that’s great for the rest of us!
World stocks saw more than $2 trillion wiped off their value, with indices across Europe heading for their sharpest one-day drops ever. Britain’s big banks took a $100 billion battering, with Lloyds, Barclays and RBS falling as much as 30 percent at one point.
Wow! And it just keeps getting better and better!
The United Kingdom itself could now break apart, with the leader of Scotland – where nearly two-thirds of voters wanted to stay in the EU – saying a new referendum on independence from the rest of Britain was “highly likely”.
The people of Scotland have a right to self determination. They’ve been under the financial criminals of London for too long.
An emotional Cameron, who led the “Remain” campaign to defeat, losing the gamble he took when he promised the referendum in 2013, said he would leave office by October.
The man who had sex with a pig is resigning. What a loss for the world!
The EU for its part will be economically and politically damaged, facing the departure of a member with its biggest financial centre, a U.N. Security Council veto, a powerful army and nuclear weapons.
Again good news! The EU has become nothing but a US vassal.
German Chancellor Angela Merkel, who invited the French and Italian leaders to Berlin to discuss future steps, called it a watershed for European unification. Her foreign minister called it a sad day for Britain and Europe.
Merkel, one of the principle authors of the European refugee crisis, is upset too!
U.S. presidential candidate Donald Trump, whose own rise has been fuelled by similar anger at the political establishment, called the vote a “great thing”. Britons “took back control of their country”, he said in Scotland where he was opening a golf resort. He criticised Obama for telling Britons how to vote, and drew a comparison with his own campaign.
“I see a big parallel,” he said. “People want to take their country back.”
Trump, for all of his many faults, is looking more and more like the lesser of two evils here.
And now here’s where the criminals throw their little “gotcha!” at us:
The financial turmoil was the worst global shock since the 2008 economic crisis, and comes at a time when interest rates around the world are already at or near zero, leaving policymakers without the usual tools to respond.
The body blow to global confidence could prevent the Federal Reserve from raising interest rates as planned this year, and might even provoke a new round of emergency policy easing from all major central banks, despite their limited options.
In other words, the people have to be punished for their political insurrection: because the bankers have taken a beating, we have to have another round of bank bailouts (i.e. stealing money paid by taxpayers and handing it over to the bankers).
The people of Britain have won a great battle, but the war isn’t over. It won’t be over until every single “too-big-to-fail” bank is broken and splintered into a million pieces and the economic kleptocrats are locked up in prison.
When that day finally comes, the world will know peace.