Potential Political, Market Fallout From Brexit (video)

Fox Business ^ | June 17, 2016 | Mornings with Maria (Bartiromo)

[SunkenCiv]

Fairfax Global Markets CEO Paul Dietrich on the potential market implications of a British exit from the European Union, the state of the U.S. economy and the 2016 presidential race.

[SunkenCiv]

Fairfax Global Markets

[SunkenCiv]

Brexit/Brixit/Britain/Euro topics from June, some are relevant (':

• Five reasons Brexit could signal Trump winning the White House
• E.U. Countries Warn Britain on 'Brexit': You'll Pay if You Leave Us
• Prince Charles Tells British Muslims: 'If You Live In Our Country, You Must Abide By Our Values'
• The Brexit Vote Will Be Rigged -- Jeff Nielson
• Euro 2016: why England and Germany could still go out in the group stage
• The European Migration Crisis in Prophecy...Europe pt 1
• Polls give boost to Cameron's fight against Brexit
• Three Belgians Charged Over Euros Terror Plot
• USA Today Exclusive: Brexit Hits 52%, + 20 over Remain After Death of Jo Cox
• 2016 FORMULA 1 GRAND PRIX OF EUROPE BAKU -- LIVE THREAD
• [European Union] Commission Complaints: Juncker's Leadership Style Under the Microscope
• Uefa opens disciplinary case against Croatia for fans' disorder at Euro 2016
• Brexit would hurt Britain more than Europe: Italian PM
• Germany slams NATO 'warmongering'
• Britain Asks if Tone of 'Brexit' Campaign Made Violence Inevitable
• Germany should 'lead new EU' after Brexit: Polish statesman [Lech Walesa]
• "Death to traitors, freedom for Britain" -- Man says when charged with Jo Cox's murder
• Russian warplanes bomb elite British-backed Syrian rebels
• U.K. Vote on Whether to Leave Europe Imperils Global Climate (ROTFLMAO!!!)
• Brexit Chaos to Serve as Cover for ECB Bank Bailouts
• Stav -- Northern European Fighting System
• Brexit Causes Elites Angst -- But Britain May Leave EU Anyway
• Three players to look out for in Friday's Euro 2016 fixtures
• Now Switzerland WITHDRAWS its application to join the EU just a week before British vote
• British lawmaker dies after shooting and stabbing attack that stuns nation
• British MP Murdered with "Homemade" Gun, Knife
• The European Union: An Un-Democratic Leviathan That Britain Might Just Escape
• How a Ban on Tea Kettles Could Drive Britain to a Brexit
• Brexit is the only way the working class can change anything
• Remain Campaigners Rush To Blame Brexit For MP Attack MP Shot
• Brexit Campaigns Suspended After British Lawmaker Critically Shot By "Britain First" (Jo Cox dead)
• Top German Eurocrat says Brexit would be GOOD for the EU because Brussels would grab 'more [tr]
• Euro 2016: the best XI from the first round of matches
• The Middle-East Today Is Europe Tomorrow
• The Vendee Massacre: Europe's forgotten Shoah
• 'Brexit' Plan for the Financial World? Cross Your Fingers
• Ramadan Jihadists Headed To Europe-History Explains Why Terror Attacks Spike(Shortened)
• Lucky number $888,888 price tag targets Chinese home buyers in Victoria, British Columbia
• The European Union Cookie Monster -- Out to Get You!
• Brexit from an email. What will really happen.
• Is Brexit the Road to Survival for Britain
• German bonds go negative for first time as investors panic over surge in support for Brexit
• Fawlty Towers star John Cleese backs Brexit -- and suggested HANGING Jean-Claude Juncker
• Iceland's Euro 2016 story is the stuff of Hollywood
• SUN SAYS We urge our readers to beLEAVE in Britain and vote to quit the EU on June 23
• Fearful of EU Disintegration and Mired in Crisis, France Wants Britain Punished for Brexit Revolt
• European Banks Fleeing German Banks Like Rats From A Sinking Ship
• Fed Up With Europe, Syrians Are Paying Smugglers To Take Them Home Again
• NATO battalions to defend Baltic states and Poland
• Euro 2016 wrap: Germany, Poland, Croatia enjoy wins over Ukraine, Northern Ireland, Turkey
• America's fears of splendid isolation under Brexit
• Iben Thranholm: -- European men act like women [Video]
• Britain's authority within EU will rise after 'In' vote: PM Cameron
• 'Leave' Takes Shocking 19-Point Lead In Brexit Poll
• Brexit and DCexit: British and U.S. Voters Put a Halt to Elitism?
• PETER HITCHENS: The British people have risen at last-and we're about to unleash chaos
• England denied by Russia's last-gasp equaliser in Euro 2016 opener
• Euro 2016: Violence mars England-Russia match
• Brexit poll sees 10-point 'leave' lead two weeks before vote (Britain likely to quit EU)
• 'Leave' 10 points ahead in ORB poll on Britain's EU referendum (any British Freepers out there?)
• Euro 2016: French police clash with England fans in third day of violence
• "Don't turn inward": Bill Clinton urges Britain to stay in the European Union
• EU Referendum: Massive swing to Brexit -- with just 12 days to go (Link Only)
• Euro 2016: Russia vs. England -- who will win the battle?
• NIRP Blowback: Commerzbank Plans To Hoard Billions In Euros In Vaults, Avoid ECB
• The Bilderberg 2016 Agenda: Trump, Riots, Migrants, Brexit
• Brexit would shut UK out of single market, Berlin warns
• Founder of Judge Curiel's lawyers' group: California whites 'ought to go back to Europe'
• Founder Of Judge Curiel's Group: Whites Should Go Back To Europe, Calif To Be 'Hispanic State'
• Founder of Judge Curiel's Group: Whites Should Go Back to Europe, California To Be 'Hispanic State'
• All eyes on Paris as France prepare for Romania opener at Euro 2016
• Did George Soros's Protege Hungarian President Viktor Orban Just Sell Out Europe To The Muslims?
• Russia vs NATO: Putin's military might could overrun NATO forces in 60 hours, defense official warns
• Strikes and protests across France on eve of Euro 2016
• Britain's Royal Navy warships are breaking down because sea is too hot
• Britain: ISIS Supporter Found Guilty of Attempt to Behead Traveller
• Poll reveals possible Brexit boost after Nigel Farage proved more convincing than Cameron
• Muslim Migrants BURN 5 British teenagers with ACID,....
• Iceland have 0.2% chance of winning Euro 2016, says Goldman Sachs
• A vote for Brexit is now a very real possibility -- we must be ready for it
• Nato countries begin largest war game in eastern Europe since cold war
• British [Scotland] Police Introduce Official Hijab, Will Do 'Anything' For 'Diversity' [ed]
• Drunken British tourists stumble into Syrian civil war [Humor break]
• The British Royal Navy Is Down to 17 Frigates and Destroyers
• Polygamy: Europe's Hidden Statistic
• NATO troops in massive airborne exercise in Poland
• German Post under fire for not accepting Brexit ballots
• Nato countries begin largest war game in eastern Europe since cold war
• Earliest evidence of fire making in Europe found
• Bilderberg 2016: We can expect desperate lobbying against Brexit from Big Business
• Bilderberg 2016: We can expect desperate lobbying against Brexit from Big Business
• Euro-cide On Hold -- Establishment Frantic
• European churches say growing flock of Muslim refugees are converting
• The Ukulele Orchestra of Great Britain -- The Good, The Bad and The Ugly
• Brexit campaign 'writing cheques they know will bounce', says Cameron
• Brexit is the Only Way to Secure Great Britain
• Islamic State Threatens Terror Attacks in U.S., Europe
• After a Brexit, Could Poland and Austria Be Next?
• JP Morgan warns of Brexit jobs threat
• Dalai Lama Thinks Europe Has Let In 'Too Many' Refugees
• EU to Poland: We Pay You, So We Control Your Institutions (UK BREXIT -- pay attention)
• Old White Men are the Problem for the Remain Campaign, says Labour's Shadow Minister (Brexit)
• Humans May Have Domesticated Dogs Twice in Both Asia and Europe, New Study Shows
• U.K. Man Takes 'Holiday From Being Human' to Live as Goat
• An Independence Day for Great Britain?
• NATO Secretary General congratulates Germany for contributions to Alliance security
• Dogs were domesticated TWICE: Canines became man's best friend in Europe and Central Asia [tr]
• The Moment of Truth [Pat Condell on BREXIT]
• Shocking Poll: 52% of Brits Now Favor Leaving the European Union
• The European Commission Wants You To Log Into Social Media Accounts With Govt-Issued ID Cards
• Palestine -- European Union Must End PLO Subjugation And Exploitation
• Dalai Lama Thinks Europe Has Let In 'Too Many' Refugees
• Military operation underway to capture IS 'funnel to Europe'

[SunkenCiv]

Even one of the foreign sourced CNBC segments on the streaming site was positive and realistic about Brexit -- thanks to one of the old hands. In general CNBC is not only anti-Trump and pro-Hitlery, no surprise there, but it's also been heavily scare-tactic anti-Brexit.

[SunkenCiv]

Sorry, one more comment -- Fairfax Global Markets CEO Paul Dietrich, on this vid, is positive on Brexit, and realistic that it will pass. (The negative drumbeat in the fake free press of Europe notwithstanding).

[Snowybear]

Some of the financial wizards I’ve talked to (people that get paid to know such things) say that if it passes (and I hope it does) there will be some roil in the markets but that it will be short lived.

These same people are saying that we are not going into another recession, pointing out signs most people are missing (usally idiots on the internet who don’t know what they’re talking about, conspiracy nuts, zero hedge or CNBC). This opinion is not very popular (I will no doubt be attacked for even posting this reply).

[Ohioan]

The EU Bureaucracy has been warring on the cultural heritages--the multi-generational social achievements--of the nations of Europe. One may certainly hope--and indeed pray--that the nations of Great Britain will not be persuaded to abandon their proud heritages by the threat of a temporary market sell-off. There is far more at stake here, than the immediate effect on the stock market.

[SunkenCiv]

¡ £ !

[SunkenCiv]

The Brexit vote is largely about sovereignty -- BUT as the talking head in the vid notes, even from an economic perspective, 25 percent of the EU trade is with the UK, and most of the UK's trade is with entities (like the US, Canada, etc) outside the EU. Those remaining in the EU will NOT accept some kind of retributive sour-grapes type blocking tactics from Merkel or anyone else, and that's reality. And if Merkel doesn't want to see the rest of the EU states drift off, she'll shut her great big fat KGB-trained East German piehole.

The Swiss just withdrew their application for joining the EU; Norway, which is the largest oil supplier to thee EU other than Russia and Middle East, remains outside the EU; and the British voted to NOT drop the £ for the € -- and analogous scare tactics were used at that time as well. Same goes for Cameron's refusal to put the City (the old Roman / medieval core of London) banking centers under EU control -- scare tactics, claims that all those banks would pull up and move to Europe (not even one of them did so)...

Unfettered, suicidal immigration may be the number one issue in the Brexit vote, and this is despite years of hateful rhetoric directed toward everyone not in favor of national suicide, like the formerly-tax-evading comedian Jimmy Carr (and never will you see a less P.C. act than his, unless you see Frankie Boyle's, and I believe FB once wrote material for Carr; both of them are fall on the floor hilarious, but I despise their politics), and of course the BeholdJihad-Broadcasting-Corp.

[SunkenCiv]

We're in the same struggle -- and either Trump wins and we win, or it's not going to end in November. Period.

[MUDDOG]

Na na na na, na na na na,
Hey hey yey
Good-bye.

[SunkenCiv]

I’ll be surprised if the margin is even close — 70 percent think the UK gubmint has been lying about everything to do with it, which mitigates against turnout in favor of “Remain”.

[BallparkBoys]

Can you expound on these positive signs? I’m curious (and not going to hammer you!) ...

[Snowybear]

Manufacturing (believe it or not, check the ISM trends), wage growth is starting to turn, core orders are up, business real estate is booming, consumer confidence is steadily rising. Vehicle sales are through the roof.

Long-term rates are higher than short-term rates. Recessions usually happen when that relationship reverses. There aree a couple of other of these relationships they mentioned but I of course forgot.

[Snowybear]

Another thing to watch out for, go google recession. Watch the kinds of names that come out crying the end is coming. Zero Hedge, CNBC and hosts of other charlatans.

These people are idiots. They feed the 24 hour news cycle. If they told the truth nobody would pay attention to their crap so it’s a never ending cycle of chicken little.

[BallparkBoys]

Thanks Bear...