So, we all woke up this morning to this:
Followed pretty quickly by:
- David Cameron’s resignation.
- Nigel Firage backtracking over the transfer of EU contributions to the NHS.
There are also two images dominating all my social media feeds:
That second is usually accompanied by some comment along the lines of “If you’re too old to work, then you’re too old to vote”.
I personally have taken comfort in the fact that Greece too voted against EU Austerity, and ‘for Grexit’, almost a year ago exactly. But here they are, with austerity, and still in the EU.
Which is also why I think that everyone should really be reading this (it’s doing the rounds on social media):
Interestingly, David Cameron won’t be hitting the “red button” immediately, like he said that he would. Instead, he’s leaving it for his successor to do in October.
And Boris was in a hurry to tell Mr Cameron not to invoke Article 50 in a hurry.
So it’ll be uncertainty for a while yet.
Also, Mr Trump is being his typically intuitive self, and failing to realise that Scotland actually voted to Remain:
Are we through the Looking Glass yet?
Rolling Alpha posts about finance, economics, and sometimes stuff that is only quite loosely related. Follow me on Twitter @RollingAlpha, or like my page on Facebook at www.facebook.com/rollingalpha. Or both.