The returns are still coming in, and there is much debate on who backed what and why, who said what to whom, and so on. But preliminary data tells us that the biggest forces behind the Brexit campaign, and the people crowing about it the loudest, with exceptions, are on the far right, and they used strong appeals to racism, xenophobia, even homophobia to get what they wanted.
The price of gold in British Pounds jumped 22% overnight.
Thomas Cook suspends online currency transactions.
Met English guy the other day here in Kruger National Park in South Africa who told of traveling around as a young man in Germany with a mate tabling the promotion of the benefits of formation of EU. He said the friend he had tabled with was coming to the park, but now was a supporter of UK leaving the EU.
Jakkalbessie and I have been traveling since mid April and only read headlines on Google News about the vote in UK on whether to stay or go. Saw occasional FB posts as well.
(jjohnsit and Scizor99 have blogs on this story. My knowledge of EU banking, and British law are very limited. This is my first blog, please let me know if it could be improved or needs corrections)
I was not really expecting the referendum would win the vote. I’ll leave the analysis to the professional experts. This is what I could find to help me wade through the media fog of breathless “latest new thing” reporting.
I know many of us on the other side of the Atlantic are bewildered at how the campaign to leave the EU can be so dominated by the right.
AND IT'S OVER!
Nothing left to do but panic sell the market.
It should be interesting tomorrow...and over the weekend.
Prime Minister David Cameron has gone into full scaremongerry, the-end-of-the-world mode. He wants the voters to curl up in the fetal position in a total panic instead of voting to leave the EU.
