American futures are up 202 points at 6:30 am e.t. The panic is over proving that all this doom and gloom coming from the crisis specialists on the Marxist Left is nothing but scare tactics used in an effort to real back the move away from so-called "globalism."
As far as this editor can tell, "globalism" may effect commercial trade, but, at a loss to personal liberties . . . . . and that last consideration is without debate.
Keep in mind that if the European Union went up in smoke, the effect of trade can be easily quantified: it simply means that future trade agreement will be on a one-to-one basis . . . . . something we used to do back in the good old days . . . . . . something that continues to have value and use in these present times. There is absolutely no reason to believe that this is a step "backwards" except to believe that Brexit was a step back from the edge of the abyss.
In the end, and not too far into the future, we will see that the the sky is not falling.
Now, I hasten to add that many analysts believe a recession is on the horizon for the end of this year or in 2017, a recession that has little to do with Brexit. Anyone want to bet that the know-nothing economists on the Left will use Brexit as cover for their long term failing economic schemes.
Look at their domestic record: A real GDP seven year average of 1.2% marking this time as the slowest "recovery" in American history. One simply cannot ignore the fact that this pathetic GDP average is due to 20 consecutive months of declining consumer goods orders, four quarters of declining earnings (dividends) and five quarters of declining revenues. The result of this fact (the GDP average) is a doubling of the food stamps population since 2009, 10 million Americans gone from the workforce - a 40 year record low, a 30% increase in the poverty rate, and more small businesses failings than successes for the first time in American history.
For the Left to argue for a strong economy is nothing short of a lie . . . . . time for a change, time to stop with invented crisis and globalism that promises nothing to the individual citizen that is not possible without this One World nonsense.
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