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Joined: Aug 2001
Posts: 3,919 Likes: 3
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Joined: Aug 2001
Posts: 3,919 Likes: 3 |
The effects we are seeing now are basically politically motivated. All newscasters yesterday were talking about the $600 decline in the Dow. Only a handful mentioned that most of that was a run up to the election. The real market reduction for the week was about $150 which is no big thing.
Most Americans understand this was about control. Do we allow the UN with all appointed members to dictate to the US what our laws are and who enter our borders? This is the decision that the Brits had to make. Their decision was for democracy.
I will be interested to see if there is any real fall out to the US or British economies. We will not know until all the fear mongering from the EU and President are finished.
Also look for other countries to bale out.
And yes folks, I am agreeing with Skynyrd
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