Brexit is killing the Dow futures in overnight.

[accadacca]

Strong words from the Scots. Interesting that Londoners voted 60% to stay in the EU.

[Iceaxe]

So basically William Wallace was the last Scott who had any balls.

[Sombeech]

I was wakesurfing at Pineview when all of this news about Brexit happened, so I didn't get to watch any of it go down, nor have I chosen to study up on this topic.

I stand by my decision.

[Iceaxe]

There is blood in the water and stocks are low... probably a good time to buy.

I also predict 10 years down the road Brexit will prove good for the UK.

/Bookmarked

[Rob L]

I voted out. The darn Krauts tried to take over the UK in 1914 and again in 1939 and again in 1975. This time I have had my say. Further: England needs to get rid of the Scots (huge £££ burden...and I'm part Scot myself, so I say that with equanimity )

I'm surprised that the Bogley Community has taken so long to make mention about what will affect the US as well as us over here.

Rob

[oldno7]

globalization destroys wealthy countries, plain and simple.

It's nice to be able to help other nations but when you do it at your own countries peril, it's not wise.

We have enough problems left unsolved in this country that need repair.

Liberalism is death to any country and history has proven this.

[Iceaxe]

globalization destroys wealthy countries, plain and simple.

Gobalization makes all countries equal....

....equally poor....

[accadacca]

[Brian in SLC]

globalization destroys wealthy countries, plain and simple.

Liberalism is death to any country and history has proven this.

Interesting statements.

What wealthy country has globalization destroyed?

China? Germany? The US?

Which one(s)?

Liberalism has caused the death of what countries?

(Please don't say Nazi Germany...!)

Just curious. Seems like absolute statements of facts. I just can't think of any obvious examples, and, plenty of "state failures" that weren't due to liberalism and globalization.

[Brian in SLC]

I voted out. The darn Krauts tried to take over the UK in 1914 and again in 1939 and again in 1975. This time I have had my say. Further: England needs to get rid of the Scots (huge £££ burden...and I'm part Scot myself, so I say that with equanimity )

I'm surprised that the Bogley Community has taken so long to make mention about what will affect the US as well as us over here.

Rob

Interesting POV, Rob. You're the first person I've heard of voting for leaving the EU.

You voted out because of Germany?

What were the other reasons?

I'm not sure how this might affect the US election in the fall, but, it could have some influence. I mean, your PM stepped down. Wow. The pound plummeted to being worth 1.33 USD. A euro is 1.11 USD. Wow. Book a trip across the puddle!

No kidding...we've been tracking airline fares to Europe. They took a huge dive today. Nearly two tickets for the price of one. Pulled the trigger. Unreal. Delta Airlines. Crazy. Related to all this business, or, travel down to Europe, or, low oil prices, or, all three? Maybe.

Someone on the news today mentioned a poll earlier this year (or late last year) if they would vote for uncertainty and change or stay the same. 53% of US voted for change. Interesting. We'll see how it goes...

[Brian in SLC]

So basically William Wallace was the last Scott who had any balls.

I believe the English removed them whilst he was still alive...(yikes).

[Iceaxe]

Reminds me a lot of chicken little.... no factories were bombed, no people were killed, no treasuries were looted, no women were raped or villages pillaged. There is really no logical reason for both the pound and euro to fall so far other than fear mongering. England and the rest of Europe will still be standing tomorrow.

[oldno7]

Interesting statements.

What wealthy country has globalization destroyed?

China? Germany? The US?

Which one(s)?

Liberalism has caused the death of what countries?

(Please don't say Nazi Germany...!)

Just curious. Seems like absolute statements of facts. I just can't think of any obvious examples, and, plenty of "state failures" that weren't due to liberalism and globalization.

http://www.usdebtclock.org/

[oldno7]

http://www.zerohedge.com/news/2015-0...y-all-our-debt

I'm sure you know how the Fed. reserve works and you have a full grasp of Quantitative easing.

So are we prosperous or living on borrowed time(and money)?

[oldno7]

Interesting statements.

What wealthy country has globalization destroyed?

China? Germany? The US?

Which one(s)?

Liberalism has caused the death of what countries?

(Please don't say Nazi Germany...!)

.

Venezuela

[oldno7]

I wouldn't say the EU's collapse is imminent but if more players bow out it will surely collapse.

EU pretty much is the definition of globalism.

Mass immigration will speed the collapse.

[Scott P]

When speaking of globalization, it is important to point out that the US itself is probably one of the best examples of globalization there is. Keep in mind that the US covers more than twice the amount of land as the entire EU combined (though the EU has more people, though this could change in the next century).

Not only did the US interact and integrate with other nations, but actually combined them to make one super-nation stretching across an entire continent.

[Rob L]

Interesting POV, Rob. You're the first person I've heard of voting for leaving the EU.

Hello Brian:

Well 52% of my fellow Citizens did too...? You & I must lead different lives and meet different people. I get forced to sell fruit & vegetables by the Kilo, not the pound. I have to buy petrol by the litre, not the gallon. They do graciously allow me buy beer by the pint.

I cannot have straight bananas, or bent cucumbers. My butchers have to give up their traditional old wooden chopping boards because they are unhealthy. Only for them to be reintroduced 10 years later because the plastic replacements were "too unhealthy".

Great Britain joined the EEC in by Referendum in 1975. That trade agreement (like EFTA, NAFTA, and other well-established free-trade agreements) had no political overtones. Since then we have been slowly, ever so slowly, under the progressive influence, politically, of the Germans.


I voted out, and I don't care of the implications. I have had enough with the status quo, and so have the majority of the people in my country.

Sorry for going on so.


Rob

[Scott P]

I'm surprised that the Bogley Community has taken so long to make mention about what will affect the US as well as us over here.

Most Americans (Bogley members may be better?) don't even really know what the EU is. Reading through the comments on news stories is embarrassing. Some are confusing the EU with the UN and some are even confusing it with NATO.

Many Americans (probably the majority) can't even point to the UK on a map.

Anyway, for your entertainment:

https://youtu.be/7SkN1h5fJKM

As for myself, I say let the UK decide for themselves and keep the US out of the decision.

[BruteForce]

Most Americans (Bogley members may be better?) don't even know what the EU is. Reading through the comments on news stories is embarrassing. Some are confusing the EU with the UN and some even with NATO.

A lot of Americans (maybe even a majority) can't even point to the UK on a map.

Anyway, for your entertainment:

https://youtu.be/7SkN1h5fJKM

As for myself, I say let the UK decide for themselves and keep the US out of the decision.

Agreed! I've lived ~17 years abroad in Europe, spent good time in the UK (Basingstoke, etc) and can pinpoint most of the world on the map. That being stated, I know with certainty, most Americans couldn't spot Kansas on the map let alone the UK or Germany.

Most of what Americans seem to know these days comes from Hip-Hop, music videos and anything discerned via Twitter. Sad days..