As I close my eyes and drift away to a land where there is love, health, peace and blessings. I wanted to take the time to think and reflect upon the Brexit vote. The truth is that when I first heard about the results that rocked the Globe as well as the stark drop of the value of the Pound Sterling that occurred just as the vote was accrued. I immediately shed a tear. Not so because of the monetary factor. but because I thought of my family living in the East and West Midlands, Yorkshire, and Scotland. Not only my family but also the people. All people who are working so hard to make a survival. I immediately made sure that my family was OK. They told me all was well. But then as the dawn broke, markets around the world opened. What happened, the global markets suffered drastically. The worlds people have suffered.
According to the New York Times article - Turbulence and Uncertainty for the market after 'Brexit':
"The pound plummeted, reaching depths not seen since 1985 — well below the value at the worst of the 2008 financial crisis. The euro dropped. From Tokyo to London to New York, stocks tumbled sharply on Friday, as markets digested the changing world order. American shares were down 3.6 percent. The Dow Jones industrial average sank 611 points, its biggest drop since August."
From the above data we can take a moment to analyze the tremendous devastation that was caused to a Global economy. The exit of Britain for the European Union affected not only the members but also countries who are trading partners with the EU. Living in a time of globalization, I am sure that countries around the world who don't belong to the EU are trading partners as well. Trade is one thing, but what about all the people that are spread over the corners of the world whose origin is European? What about them?
Why not take a minute to reflect upon the Brexit results?
From the above results we can see that there is a 3.8% difference. Is this a significant difference to base such a strong decision? Maybe the poll rules should have specified that the difference should be within the range of a 5 - 7% difference? These results and how a poll is run is can be called into question.
The New York Times - Turbulence and Uncertainty for the Market after 'Brexit'
BBC News - EU Referendum Results
Washington Top News - British Political Turmoil Deepens After EU Referendum
My thoughts to share with love & Kindness! :)
Image 1 - Web link
Thoughts originally hand written June 26th 2016
Our thoughts, to invite and inspire. With Love & kindness. :)