Brexit Vote: The Betting Sites Were Wrong. So Were the Polls. So Were the Pols.

[Ronin Truth]

Brexit Wins!

The betting sites were wrong. The polls were wrong. Enoch Powell was right, says Gary North.

Brexit Vote: The Betting Sites Were Wrong. So Were the Polls. So Were the Pols.

By Gary North

GaryNorth.com

June 24, 2016

The betting sites were wrong. The polls were wrong. The politicians were wrong.

The last YouGov poll was 52 to 48 “remain” hours before the voting ceased.

The vote went the other way: 52-48.

The law of large numbers was wrong: polls and betting. So were the capital markets. The Dow was up 230 on June 23: 18,011. The S&P 500 was up 28: 2113. The pound was up 1%. Soon after the first numbers came in, the pound fell 4%. That is a huge drop. Then it fell another seven percent.

Nigel Farage had conceded defeat before the voting ended. Wrong!

So, the voters just handed the EU its greatest defeat.

There will be more nations leaving.

There is a loss of faith visible. It is widespread. It is not yet sufficient to overturn the status quo, but when the next recession undermines the status quo, the switch will not be from Eurosceptics to true believers. It will be in the other direction.

The Left sees this. The EU has hit its limits of sovereignty. Push back has begun.

It took the NWO 70 years to cobble together the EU. They never did get a common fiscal system, which was the crucial factor. It will not take 70 years to break it into component parts.

Before the vote, some Leftist commentator in Canada who loves represents the NWO wrote this:

There is a growing realization in many corners of the U.K. that the EU referendum should never have been called in the first place. Unlike the national sovereignty debates of Scotland and even Quebec, which were largely dependent on a people’s sense of cultural identity, the question of EU membership and whether it truly benefits Britain is exceedingly complex, fantastically dull, hugely important, and exactly the sort of thing policy-makers are elected to decide so normal people don’t have to.

http://www.macleans.ca/news/world/david-cameron-brexits-biggest-loser

This the attitude of the globalists: arrogant, dismissive of the voters. They are not going to maintain control for another generation. They will cry: “It’s not fair. We knew what was good for the world.”

Read the Whole Article

The Best of Gary North

Gary North [send him mail] is the author of Mises on Money. Visit http://www.garynorth.com. He is also the author of a free 31-volume series, An Economic Commentary on the Bible.

Copyright © 2016 Gary North

https://www.lewrockwell.com/2016/06/gary-north/brexit-wins/

 

[NewtLobbyrich]

I should have taken a contrarian market approach and sprinkled a bet on the exit. When media and public perception is so weighted on one side you know the opposite is a lock.

 

[Ronin Truth]

I should have taken a contrarian market approach and sprinkled a bet on the exit. When media and public perception is so weighted on one side you know the opposite is a lock.

Maybe you could have even gotten odds, and pocketed a bundle.

Welcome to the RPF!

Enjoy!

 

[NewtLobbyrich]

Thank you! I was a dailypaul member for about 6 years but after Michael shut it down I decided to take a break from forums for a while. It's nice to be back interacting with liberty-minded folks.