Britain Rejects Socialism, America is Next

Britain Rejects Socialism, America is Next

Britain Rejects Socialism, America is Next

Britain has rejected the ultra-big Government and socialism, America is set to elect Trump and reject the Socialism of Obama/Clinton and America’s “Democrats”

The result on markets is a massive over reaction, but it is a positive sign that democracy works even in the face of the institutionalized stupidity of the EU.

Europe’s structure is a disaster. There are too many layers of Government, far too much political correctness and very little opportunity for growth.

British voters got it right!

The shock hits a European bloc already reeling from a euro zone debt crisis, unprecedented mass migration and confrontation with Russia over Ukraine. Anti-immigrant and anti-EU political parties have been surging across the continent, loosening the grip of the center-left and center-right establishment parties that have governed Europe for generations.

France is Next

French National Front leader Marine Le Pen called for a similar referendum in France, changed her Twitter profile picture to a Union Jack and declared “Victory for freedom!”

Dutch far right leader Geert Wilders, also demanding a referendum, said: “We want be in charge of our own country, our own money, our own borders, and our own immigration policy.”

U.S. presidential candidate Donald Trump, whose own rise has been fueled by similar disenchantment with the political establishment, called the vote a “great thing”. Britons “took back control of their country”, he said in Scotland where he was opening a golf resort.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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