Saturday, June 25, 2016

The last time a mistake as big as Brexit was made:

Hitler wound up in charge of Germany and slowly started to take over all of Europe except Great Britain.

However, I understand the desperation of the Brits. I understand the desperation of the Americans voting for Trump. It's all the same thing but when people make decisions without enough real factual research sometimes things like this happen.

We are entering a new phase of life here on earth. It's not the 1920s, 1930s or 1940s again. But, there is something that reminds me a lot of the 1930s about these times that seem to be driving for fascism (even though this isn't creating a fascist leader in England), the result sort of goes in the fascist direction of destroying capitalism and democracy in England and in the Stock markets of the world.

So, Brexit just went off like a bomb all over the world and wiped out all profits in many stock markets around the world for 2016 so far.

The ramifications of this are much greater than most people thought already and are still growing. Will the EU succomb to the new Fascism sweeping the world?

It's hard to say. Hopefully, some mechanism in Britain's democracy can repair some or all of the damage being done to the whole world before it cascades into something much worse like a world wide Great Depression.

I think now this is the biggest danger of all looking at all this pragmatically.

Brexit may just have been the last straw that broke the world economy for 10 or 20 years.

I hope not.

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