Pero's Take on Brexit
People have asked me what I think about the Brits voting to leave the E.U. My answer is pretty straight forward: Good for the Brits! They are going to have some short-term suffering as a result of their decision, but they are likely going to suffer less than what the rest of the E.U. will be suffering down the road. Also, I am underwhelmed by its implications for the U.S. Especially after the ‘markets’ get over their little fit; and they will get over it.
There are many technical, emotional, rational & irrational reasons why the Brits voted to leave, and all of them have merit…In an attempt at brevity, I will list four thoughts on Brexit.
1. There is no doubt the people of the West are pissed off - not just the Brits...There will be many other countries who look to split from the E.U. in the coming years - all of the PIGS (Portugal, Italy, Greece, Spain), France, the Netherlands, etc.
Globalism is running its course and nationalism is making a return. Especially when it comes to mass immigration, central planning, insane regulations and monetary policy...And please, don't let the elites (Lefties, MSM, Big $$$$, etc) succeed in scaring you into think this is a bad thing. Either way, the E.U. is on its way out – the Brits were just the smart ones to jump ship first.
"Repeat after me: The status quo of the West is not working...The status quo of the West is not working. That's the meaning of the seminal 'Brexit' vote in the United Kingdom...And those pleading with UK voters to cast their ballots for the status quo had essentially placed themselves on the side of dysfunction, of chaos, of menacing threats to the very essence of the West. Uncontrolled immigration. Economic stagnation. A loss of national identity." - Robert W. Merry
2. Since the time of William the Conqueror (1066) the Brits have rarely been on the wrong side of history...I have every reason to believe they will be correct on this one as well. The reasoning may not always have made sense at the time of their decisions, but in most cases they made the right decisions. Maybe it was luck, who knows. But if I'm ever going to bet on the correct decisions of any nation, it will always be on those of Brits.
The Brits have not declared war on Europe. Europe will not stop trading with the U.K. Etc., etc., etc...The U.K. is still one of the largest economies in the world - the E.U. still needs customer. They also have the largest military in Europe and are part of NATO. And the British banking sector isn't going anywhere.
"The hysteria of the last few days will pass like a summer shower. Britain, as it has often before, is leading Europe out of a well-intended cul-de-sac." - Conrad Black
3. Make no mistake, the U.S. is in the middle of its own 'Brexit moment.' Our political establishment and elites are being challenged like never before by the common people. Many have pointed to Donald Trump and Bernie Sanders as perfect examples of 'the people's' anger with our leaders. This is correct.
Thankfully, Bernie is barely going to be a historical asterisk. Unfortunately, Trump is a flawed man, and may prove to be nothing more than another step towards an upheaval in the U.S. (win or lose)...Trump may or may not be the leader to help us turn the corner as a nation - his personal flaws may be too great. But I have no doubt that 'Trumpism' most definitely is the way to a better America. I hope you will keep this definition in mind – you will see it repeated often in the future.
Trumpism: "[D]efined as secure borders, economic nationalism, interests-based foreign policy, and above all judging every government action through a single lens: does this help or harm Americans." - Journal of American Greatness
Re-read that definition. Understand what it says and remove the man from the man's ideas…Trump may be an imperfect vehicle, but 'Trumpism' is the answer to many of our problems.
4. One thing I can assure you is if Hillary Clinton wins in November, she will do nothing but increase the angst of the the American people, and will most definitely take us closer to a tipping point…We may or may not have the guts the Brits had - forcing true change on our leaders (instead of how it’s been with them forcing changes we don’t want on us). The election may go Hillary’s way. Either way it won’t matter, because at the end of the day the reality is ‘We the people’ are pissed off!!! (see #1 above). It's been on the top-right margin of this blog for quite awhile.
"Revolutions are a leap into the unknown and require the right mix of outrage, determination and leadership. They are testament to the ethos of an entire country and culture when they succeed without a shot being fired. That’s the beauty of Brexit, and of grand old England. The people spoke, they were heard, and the wheel of history is turning. Let’s get on with it. It took a revolution because the leaders of both of Britain's major political parties united in opposition to change, with the pooh-bahs and grandees trying to scare voters into sticking with the status quo. Naturally, the establishment media lectured the rubes on what was good for them. Sound familiar, America?" – Michael Goodwin
Labels: 2016 Election