Monday, June 27, 2016

brexit hits home

BREXIT HITS HOME
great britain is a long way from central texas
but
the world has changed since i was born
when i was in high school
when i was in college
when i was in medical school

for the best
i dont know
but
i think the world is about to find out this year

Image result for brexit
chronicle.com

the brexit happened last week
how could great britain hurt me here at the country n
who gives a heck what they do
let them secede
become isolationists

if i remember correctly the us tried this before
well several times
it never seems to work out

heck
we almost let hitler take over all of europe
including great britain
maybe russia before we got involved

the worlds not the same anymore
i can email or text folks anywhere in the world
and
hear back from them in a few minutes

i actually have readership of this blog from several different
countries
my blog is listed as favorites on blogs from europe australia
new zealand etc

so what even i say has a tiny influence on someone there

so a bigger influence like brexit
can have a major influence
maybe a big bad wolf one

on friday folks lost over 2 trillion dollars in the market
the total world market is 49 trillion dollars
as
brexit did its thing
xing the market real good

the worst that happened during the great recession that
started in 2008
was 1.9 trillion dollars
we all know how bad that recession hurts us

i looked at some of our mutual funds in our retirement plans
yesterday
on saturday we lost
$20,000 in just one mutual fund
not counting what we lost in the others
the only one that gained was a short term bond fund
interesting across the world folks went for gold and us government bonds

so we took a hit personally
lets say i am worth $500,000 then i lost 4% of my net worth on friday

so when we make political decisions
not thinking them through
they have repercussions for millions of folks
sometimes severe ones

i have no doubt if i was a great briton i would have voted
to stay in the eu or european union

it aint the 1950s or 1960s or 1970s or 1980s
the world
folks
has changed
it wont ever ever return to the world as we knew it

we are all tied together
internet cell phones financially etc

so as we all listen to the politicians this year
we cant go back to where we were
change has and is and will happen
you better get on for the ride or you will get left behind

dont let them set us back
to where we were
lets be progressive

think about brexit when you vote
think about what it is doing and will do to the world
we cant afford to get this wrong this year

the organicgreen doctor

No comments:

Post a Comment