The Post-Brexit Meltdown
from Boom Bust
lass=”” >Spain’s general elections ended with another inclusive vote, adding to Europe’s political chaos in the wake of Britain’s decision to leave the EU. Ameera David has details. Then, Ameera talks to Edward Harrison about the fallout from both Spain and Britain politically, economically, and on markets. Afterwards, Bianca Facchinei reports on the completion of the Panama Canal’s $5 billion makeover.
After the break, Ed talks to Steve Keen about what is truly wrong with the European Union and how it can be fixed. And in the Big Deal, RT correspondent Manuel Rapalo and Ameera discuss Google parent Alphabet’s new secretive venture to fix America’s transit system.
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Source: http://financialsurvivalnetwork.com/2016/06/the-post-brexit-meltdown/
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The top bod fron the Bank of England is looking a bit silly today because he was (paid to) saying that the sky would fall in if the results of the vote was a Brexit and now he’s trying to carm the markets and is back peddling as fast as he can without looking too silly.
Black Monday turned out to be almost just another day for the FTSE as it only dropped 1.5% and the GBP agaisnt the Euro didn’t move that much.
As we all know stock prices are not connected to the real world anymore, it’s all fixed and the numbers mean nothing so if the S&P says “Hey Dave lets make money” and drops the FTSE100 by two pegs to AA and forgets the plus sign and Dave knows that in six months time it going to go back up a point then Dave wins on the way down and wins on the up.
Stupid “Outside Traders” unless they are very lucky get to feed the slot machine and Dave makes off like a bandit and that just how it works, your not in the club