Trump Boasts of Brexit, of Brits Being Conned, of World Markets in Turmoil While Soros Warns Brexit Could Collapse Euro & Send Shockwaves into World Economy

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    Jun 27, 2016 3:38 PM GMT
    Trump: “What has happened in the UK...is exactly what will happen in November”

    http://www.msnbc.com/rachel-maddow-show/brexit-crisis-intensifies-trump-celebrates-his-great-timing
    TRUMP: My timing was great because I was here, right at the epicenter of the crisis.

    Given what Tur said, Trump’s response was effectively gibberish. The fact that Brexit is causing global financial unrest is unrelated to Trump’s sense of “timing.” And Trump’s trip to Scotland was itself unrelated to Brexit. And being physically located in Scotland as part of a promotional event is unrelated to being “at the epicenter” of a crisis.

    And yet, as the weekend progressed, Trump’s message became increasingly incoherent...

    ...Perhaps best of all, Trump boasted late Friday, “What has happened in the UK in the last 12 hours is exactly what will happen in November” if he wins the presidential election. That may be true, but isn’t that a message better suited for Trump’s critics? Why would he brag, on purpose, about causing economic and financial unrest around the world?

    ...Never before have Americans seen a presidential hopeful so preoccupied with self-congratulation – even when he’s wrong on the substance. No matter the crisis, Donald J. Trump’s first thought is invariably about what the event tells us about the greatness of Donald J. Trump.

    In the case of Brexit, it’s especially bizarre. The man had no idea what Brexit was. Literally the day before the vote, Trump conceded that his opinion on the U.K. referendum was utterly irrelevant. “I don’t think anybody should listen to me because I haven’t really focused on it very much,” he said of the issue.

    And yet, Trump is once again amazed with his extraordinary timing and brilliant foresight, about an issue he doesn’t understand and got completely backwards. This really isn’t healthy.

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  • rip12

    Posts: 63

    Jun 28, 2016 12:22 AM GMT
    this post reads like gibberish in itself

    were it all as simple as you propose

    i hate to break the news but this is about more than markets - which should in time calm down and climb right back to the stratospheric levels they were at prior to thursdays vote

    for those people worried about their investments (whether they be individual or retirement etc.) id suggest to pay a little more attention to debt levels all around the world - if our demise (as the media loves to exploit) is right around the corner its coming from that and not whether trump or hillary become our next president
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    Jun 28, 2016 12:28 AM GMT
    It will all work out in due time.

    Try something new
  • Posted by a hidden member.
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    Jun 28, 2016 12:31 AM GMT
    WHY NOT HELP THEM OUT SINCE YOU'RE SO WORRIED!!

    British Airways ‏@British_Airways 6h6 hours ago
    Your dollar has never gone further, and with our amazing 3 day sale you can see even more of London!


    http://www.britishairways.com/travel/home/public/en_us
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    Jun 28, 2016 1:42 AM GMT
    As usual the ElephantPoster is reading events wrong.

    The forces that caused Brexit are the same forces supporting Trump. The markets are secondary. This is all about sovereignty.

    Essentially it is a move to decentralize authority. It really has nothing to do with right or left.

    Resentment of unaccountable Brussels was running high- much as here in the US resents the unaccountable and un-elected bureaucracy in DC.

    Clinton is the embodiment of an entrenched corruption.

    The "smart people" were caught totally off guard by the Brexit outcome.... and Trump continues to be underestimated....

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    Jun 28, 2016 2:12 AM GMT
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    Jun 28, 2016 2:16 AM GMT
    I will still vote for TRUMP....you can thank me later : )))
  • roadbikeRob

    Posts: 14336

    Jun 28, 2016 6:33 PM GMT
    Eddy12free saidI will still vote for TRUMP....you can thank me later : )))
    Trump is the only viable, qualified candidate running for the White House so it is a no brainer to vote for him in November.
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    Jun 28, 2016 6:39 PM GMT
    rip12 saidthis post reads like gibberish in itself

    were it all as simple as you propose

    i hate to break the news but this is about more than markets - which should in time calm down and climb right back to the stratospheric levels they were at prior to thursdays vote

    for those people worried about their investments (whether they be individual or retirement etc.) id suggest to pay a little more attention to debt levels all around the world - if our demise (as the media loves to exploit) is right around the corner its coming from that and not whether trump or hillary become our next president


    Well said on all counts. It's not always "all about jack," though I am pleased to note that my own portfolio has risen slightly, and not just because of the bargain UK stocks I picked up over the last few trading days. Pay attention to facts, think things through, and you'll do just fine.
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    Jun 28, 2016 7:12 PM GMT
    There are great buys now in UK stocks.
    And Trump would probably give us a huge buying opportunity.

    But a president's job is not to wreck havoc on our markets.
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    Jun 28, 2016 9:48 PM GMT
    rip12 saidthis post reads like gibberish in itself

    were it all as simple as you propose

    i hate to break the news but this is about more than markets - which should in time calm down and climb right back to the stratospheric levels they were at prior to thursdays vote

    for those people worried about their investments (whether they be individual or retirement etc.) id suggest to pay a little more attention to debt levels all around the world - if our demise (as the media loves to exploit) is right around the corner its coming from that and not whether trump or hillary become our next president


    Hate to break it to you but I think you've missed the gist of the article. It was not about finance. See video for clarification. But thank you so much for all the good market advice. Now I can toss my copies of The Four Pillars and The Bogleheads'...
  • rip12

    Posts: 63

    Jun 29, 2016 12:09 AM GMT
    Hate to break it to you but I think you've missed the gist of the article. It was not about finance

    i didnt read the article and i dont really need to - its all been about the same since the very beginning of the u.s. election cycle - and yes this would be ignoring brexit completely

    im not going to begin a tyrade on why people should educate themselves to what is happening right before their eyes - the interest seems to lie in smoke and mirrors and theres no fighting it

    but i can guarantee u that (regardless of who becomes our next president) we have serious problems that are being ignored completely and will dictate how we will all fall together in the not too distant future

    and you know what? it will be our own fault - yet im sure the intellectual "elite" (such that they are or arent) will find blame to go to whomever
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    Jun 29, 2016 1:37 AM GMT
    rip12 saidi didnt read the article and i dont really need to - its all been about the same since the very beginning of the u.s. election cycle - and yes this would be ignoring brexit completely

    im not going to begin a tyrade on why people should educate themselves to what is happening right before their eyes - the interest seems to lie in smoke and mirrors and theres no fighting it

    but i can guarantee u that (regardless of who becomes our next president) we have serious problems that are being ignored completely and will dictate how we will all fall together in the not too distant future

    and you know what? it will be our own fault - yet im sure the intellectual "elite" (such that they are or arent) will find blame to go to whomever


    WAIT! WHAT?

    You hadn't even read the article which was the entire post when you said:

    rip12 saidthis post reads like gibberish in itself

    blablafuckingblablabla


    Oh, so you were just talking out of your ass?

    What a surprise! Thank you for clarifying that for everyone.
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    Jul 01, 2016 3:36 PM GMT
    http://dailycaller.com/2016/06/26/george-soros-warns-eu-collapse-practically-irreversible-after-brexit-vote/The United Kingdom’s decision to vote for Brexit makes the break-up of the European Union “practically irreversible,” according to billionaire investor George Soros.

    ...a “catastrophic scenario” for the union and could result in shockwaves affecting the entire world economy. “The consequences for the real economy [from Brexit] will be comparable only to the financial crisis of 2007-2008,”

    ...Despite the massive setback, Soros urges EU member states and leaders not to give up on the project of a united Europe. “All of us who believe in the values and principles that the EU was designed to uphold must band together to save it by thoroughly reconstructing it...