Some of us thought the media’s apocalyptic coverage of the BREXIT vote was overblown.
- BREXIT Votes signals “the end of Western political civilization.”
- BREXIT Vote Leaves Scientists Terrified.
- BREXIT Vote “going back into the Dark Ages“
- BREXIT Vote Horrifies Arts & Letters Community.
- Could BREXIT be a sign of the End Times?
- BREXIT to result in Zombie Apocalypse.
I believe the last one may have been tongue-in-cheek.
But did you see *any* media outlet discuss the upside for Britons of leaving political union with Europe. I did not, and apparently there weren’t many covering that angle.
“A Prime Minister resigned. The pound plummeted. The FTSE 100 lost significant ground.
“But then the pound rallied past February levels. And the FTSE closed on a weekly high: 2.4 per cent up on last Friday, it’s best performance in four months.
“President Obama decided we wouldn’t be at the back of the queue after all and that our special relationship was still strong.
“The French President confirmed the Le Touquet agreement would stay in place.
“The President of the European Commission stated Brexit negations would be “orderly” and stressed the UK would continue to be a close partner of the EU.
“A big bank denied reports it would shift staff overseas. The CBI, vehemently anti-Brexit during the referendum campaign, stated British business was resilient and would adapt.
“Several countries outside the EU stated they wished to begin bilateral talks with the UK immediately.
“If this was the predicted apocalypse, well, it was a very British one. It was all over by teatime. Not a bad first day of freedom.”
As I checked the markets on Friday, there seemed to be nothing really happening aside from bankers throwing a temper-tantrum. As if bankers who have no qualms about dealing with the butchers of Beijing and Tehran are suddenly going to have trouble doing business with Englishmen.