Friday’s Brexit events captured in Graphics, Charts, and Pictures
Our Comment: While the Financial Illuminati were papering over things with expanding credit, the earth was moving beneath their feet. The demographics were changing, the efficiencies of technological advances were already baked in, and due to central planning, wages didn’t remotely keep pace with the ballooning of assets owned by the well-off.
Brexit is nature beginning to rebalance the distortions of the very visible and very distorting hand of central planners ignoring the concept of free will. THE FINANCIAL MANIPULATION COULD ONLY MASK THE UNDERLYING SYSTEMIC WEAKNESS FOR SO LONG. Real change starts bottom up. You still can’t fool all the people all the time.
THE EXIT- England voted to Leave while Scotland and Ireland voted to Stay. The City of London also voted to remain.
VOTER CHART
TWITTER: ELVIS HAS LEFT THE BUILDING
THE MARKETS REACT- HEAT CHARTS FOR FRIDAY- Except for Gold and Volatility, all was a sea of red
MEANWHILE GOLD HAS BEEN SHINING SINCE 2001 and NOW EVERYBODY WANTS IN
READ OUR RECAP OF THE EVENTS AS THE VOTES WERE TALLIED HERE
HOW BAD ISTHE CRISIS?- Some historical perspectives on the financial market reactions to the news
BRITISH POUND STERLING IN PAST CRISES
LARGEST ROLLING 3 MONTH OUTFLOWS SINCE 04/08 AND 10/11
MARKET REACTIONS FOLLOWING SIMILAR DISRUPTIVE EVENTS
THE IMF HAD ALREADY DONE A BREXIT STUDY
WHY’D THEY DO IT?-Analysis starts coming in on the reasons for the Exit.
AUTHOR JONATHAN TEPPER, OUT OF LONDON- nice synopsis we think right here from a person in the thick of it.
INTEGRATION AND DISINTEGRATION- Free will is a bitch for Central planners who push too far. Asset values rise on integration, which makes strong hands stronger. Workers on the other hand don’t keep pace. Assets are overwhelmingly held by top 5% of populace. Wages move relatively inversely. It’s why revolutions occur- Soren K.
-Source @ladyFOHF
ANARCHY IN THE UK
CAMERON RESIGNS AND HANDS A POISONED CHALICE TO JOHNSON
-From the GUARDIAN
POLITICIANS WILL CONTINUE TO ACT IN THEIR SELF INTEREST.
SOURCE @JESSE_LIVERMORE
CAN THIS EVEN HAPPEN?
First off, the UK may not even leave. We are sure the EU will do everything it can to bring the uk back to the table. By pleading in private, demonizing in public and feeding off the unintended consequences of the vote. Like Scotland’s wish for a separate vote.
UK: DO AS I SAY, NOT AS I DO
SEAN CONNERY WEIGHS IN ON THE SCOTLAND’S POSITION
SO WHO’S NEXT? IS THE EU DOOMED?
We like this graphic because it focuses on those peoples that feel they have a say in their destiny. For example, Greece can gripe all it wants, but their profile is that of complacency compared to the US, the UK and Spain. We like this as the road map of likelihood at a successful EU EXIT vote by the remaining members- Soren K.
Read our analysis of the Domino effect HERE
SELF-DETERMIINATION AS A PROXY OF EXITINGTHE EU
THE NEW HOTNESS IS COINING THE NEXT TWITTER HASHTAG
Finally, the UK may not even succeed in leaving. It may be blackmailed into staying. Certainly the banking industry will be pulling out of the City due to the new passport issue. The eu loses as much if not more by the UK leaving however.
Can the EU even afford to lose the UK? We don’t think so. Not symbolically because of the domino effect it will encourage. And not literally when you look at the contributions the UK makes to the EU.
With Brexit, EU loses
- 18% of its GDP
- 13% of its population
- EU's largest military spender
- $18 billion in annual budget contributions
IGNORING THE FOOD, THE UK IS PRETTY DAMN IMPORTANT TO THE EU'S SURVIVAL
H/T @SDBENALI
-Soren K.
Read more by Soren K.Group
