Do Not React to Brexit Yet

Do Not React to Brexit Yet

Do Not React to Brexit Yet

Brexit is a big deal, but the financial disaster touted by many supporters of the Socialism in Europe has been a fraud.

The real Brexit impact, not really that much, the GBP is a buy here anything getting hammered (apart from the EUR) is probably a buy today.

The media has been filled with the stories of an apocalypse in economic terms should Britain leave the EU, most of that is exaggerated political rhetoric, not based in economic fact.

Britain left the EU because the EU is a political, economic and social disaster. The EU Government is a multi-layered monster that is drowning in debt, Britain made the right choice.

The EU has flooded itself and Britain with Refugees a Political choice many disagree with in Britain and the EU.

What we did learn from the vote in Britain is that people are tired of Big Government, Big Debt and the Socialist model, that is bad news for Hillary Clinton in the USA.

Donald Trump, thrusting himself into the heart of Britain’s decision to leave the European Union, drew parallels on Friday to his own campaign to limit illegal immigration and build a wall at the U.S. border with Mexico.

In Scotland Trump told reporters:

“I see a big parallel. I think people really see a big parallel. A lot of people are talking about that, and not only the United States but other countries.”

“People want to take their country back. They want to have independence in a sense. You see it with Europe – all over Europe,” said Trump, 70, the presumptive Republican nominee to the Nov. 8 U.S. presidential election.

“You’re going to have many other cases where they want to take their borders back, they want to take they’re monetary back, they want to take a lot of things back. They want to be able to have a country again.

“So I think you’re going to have this happen more and more. I really believe that and I think that it’s happening in the United States. It’s happening by the fact that I’ve done so well in the polls.”

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Shayne Heffernan 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.