Showing posts with label USD. Show all posts
Showing posts with label USD. Show all posts

Friday, June 24, 2016

And the World Turns...

So... I'm utterly stunned today by the news I woke up to this morning, because I really could not imagine that a majority of the people of the United Kingdom would vote for leaving the European Union.

I have always had this vain belief that people in general are rational and will make conscious decisions that are in the best interest of their communities or - at least - in their own personal interest.

I read somewhere that the results of this referendum, caused a loss in British wealth during a few hours much exceeding what they have been paying to the EU since 1975 (not counting what they have received back from the EU). Edited 10:35PM SLT

The consequences of this referendum will cause us all much turmoil over the coming years, but especially for the Britons. The British pound is plummeting and the US dollar is soaring, which will among other things - and because this is a SecondLife blog - lead to SecondLife becoming more expensive for non-US nationals.

Thankfully the British Prime Minister David Cameron, who caused this mess by calling a referendum to try to curtail conflict within his own Conservative Party, has announced his resignation.