Post-Brexit Financial Doom Doomed? - Granite Grok

Post-Brexit Financial Doom Doomed?

FTSE100 Recovers all post brexit losesThe elites were astonished when the peasants of Great Britain unexpectedly voted to leave the  Progressive European Superstate they had created for them. How could they have been so wrong?

One fraudulent do-over scheme and scores of predictions of global financial ruin later and the elites appear to be wrong again. The FTSE 100 rebounded in short-order to recover all of its post-Brexit losses.

So, Global Financial Ruin™ is not inevitable nor will it be sustained. Not from the Brexit, at least. That’s not to say we won’t find a few speed bumps, as often as not set up by elites trying to spin their arrogance and ignorance into some narrative or other. I’m sure we will. In fact, the traps laid over the Obama Years are destined to snap at some point. Those are meant to be the fault of Republicans should they win the White House or keep Congress, but should another EU “partner” seek a divorce over irreconcilable differences in a timely enough fashion they could find themselves the victim of bad monetary policy many years in the making and none of their fault whatsoever.

No matter, the elites will grasp at any straw man to help prop up their utopian house of straw. To do otherwise would be to admit defeat, and they’ll never do that.

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