British voters deliver a shocker

“In a dramatic turn that polls did not predict and which markets failed to price in, the United Kingdom is on course to leave the European Union, according to the latest predictions.” — CNBC 

1435924798553When Brits finally voted, nationalism overcame common sense. “Brexit” won a shocking victory, throwing the European Union into crisis. Polls predicted “Brexit” would lose right up to the last minute, but it won by over a million votes. Although the referendum is only advisory, the British government is expected to respect the will of the voters. The British Pound immediately dropped 10% against the dollar, and global stock markets plunged, while gold soared. Many economists expect a European recession.

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