Saturday, June 25, 2016

World Events

On Thursday, the citizens of Great Britain voted whether to stay or leave the European Union...and yesterday morning, we all awoke to the reality - they voted yes.  Shocking but what's even more shocking?  Most of them now seem to be surprised.  Many voted 'yes' in protest but enough flippant yeses and the next thing you know?  You've thrown the world financial markets into chaos.  Trillions of dollars lost yesterday around the globe.  Really, most of us anywhere in the world have no idea what this really means - including (shockingly) most of Great Britain.  The news reported that Google searches FROM BRITAIN for 'what happens if Great Britain leaves the EU' and 'what is the EU' were off the charts - the day AFTER they voted to leave.

Geez, people.....seriously?  Can they rewind and vote again?  I asked J. that question this morning and he said 'funny you should ask 'cuz there's already a petition and tons of signatures to do just that' and 'not too mention that technically, the approval was only a 'referendum' that was approved, so in theory? Someone ought to be able to decide to just disregard the referendum'.  In Britain, that would likely be Parliament and sadly, the Prime Minister with the balls to do it also announced he will step down in October.

But it's only July...so maybe?  Though it's unlikely the EU wants them back anyway.  They've pissed off a lot of Europe.

I checked our portfolio this morning with greater than usual trepidation - and was relieved that while we took a hit, it's not too bad.  So far, anyway.  If the markets keep (over)reacting like they did yesterday, then who knows -

And God help us all if Trump is elected.  My boss expressed concern yesterday about the market movement and while I reassured him it's just an over-reaction and if you're invested in securities, you just have to ride it out, I also thought 'this will be nothing compared to what will happen to the world markets if America elects a bigoted buffoon as President'.

THAT is enough to make me want to sell off everything and stash our cash in huge safe we can have installed in our bedroom closet.

The boys left early this morning for paintballing - B. is treating H. to a day of fun.  I slept in until after 8 and was shocked to realize they had already left for their day of fun -

J. and I have been watching GoT with the synopsis opened so we can attempt to keep up.  Very complex show and I seem to have a two episode limit - need a break after two 'cuz my wee brain hurts from thinking so hard.

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