Markets around the world start freaking out

cnn.com ^ | June 23, 2016 | CNN

[21twelve]

I haven’t followed this much at all. But from what little I know it sounds like the rest of Europe is very dependent on Great Britain. Sounds to me like they are “Going Galt” in a way.

[JimSEA]

Nasty premarket trading: pound sterling - 10%, Dow -510. Those are bubble busted numbers. Emotions are running rampant.

[fella]

If they’re selling we should be buying.

[familyop]

The Canadian dollar is dropping like a rock. Maybe the Canadians will sell all of their oil resources to the U.S.A. in order to be more British.

;-)

[Berlin_Freeper]

At least 60 billion had already been pulled out of UK in the last couple of months.

[CWW]

Brexit vote lead accelerating. Now 800k+

[VanShuyten]

The currencies are going nuts, too. The pound is down 10% vs the dollar, and 15% against the yen. The dollar is down 5% vs yen, but up on most others.

I smell Soros around.

[fella]

I bet Soros is buying.

[familyop]

WTI crude oil: stable at 47.58. Little change, not much.

[MeneMeneTekelUpharsin]

Affecting our market. Dow futures down over -500 as I write this.

[Flavious_Maximus]

Sky News has just called it for BREXIT!

[RitaOK]

Exactly.

[JennysCool]

The Western world is realizing that rule by old hippies who still think they’re living in 1974 is a really bad idea in the 21st century.

[JimSEA]

You can’t blame UK for wanting more control over immigration and a degree of separation from the Italian, Greek and Spanish economies (if they can be called that). It’s likely to be painfull for a while though.

[familyop]

“Sky News projection: UK votes out”

[tumblindice]

They had (have) a big problem with east bloc (Romanian) pickpockets and other sharpies working the streets in London.
Maybe now they can give these blights on English society a ‘seat of the pants’ goodbye.

[SVTCobra03]

Gold is at $1305.

[Berlin_Freeper]

Britain was always a small player in the EU, never fully engaged either politically or economically. Britain being out could actually be better for Italy etc.

[fella]

I like the color code, true blue to leave and chicken fat yellow to stay.

[JennysCool]

It’s likely to be painfull for a while though.

Not if the UK grabs the gauntlet and LEADS. Leadership, be it BREXIT or Trump is beginning to win the day. A lot of terrible crap is going on in the world today, and I believe LEADERS are finally emerging to call it what it is.