The pseudonym "Philo Vaihinger" has been abandoned. All posts have been and are written by me, Joseph Auclair.

Friday, June 24, 2016

Lemmings run for the cliff

Dow futures down 500 points after shock U.K. referendum

People you would expect to be cheered are triumphant.

People you would expect to be depressed, angry, and full of foreboding are depressed, angry, and full of foreboding.

Blah, blah.

Look at that thin margin in favor of Brexit.

I say there's an excellent chance it just won't happen.

(Not everybody thinks so.)

And in all candor how can anyone believe something this huge should be decided by a paper thin majority in a one-time vote?

If to be done by plebiscite at all, shouldn't this require multiple votes spread out maybe over a year, each favoring exit by substantial majorities?

Divorce in haste, repent at leisure.

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