Fri, 24 June 2016
Markets are in an uproar today after the UK voted to leave the EU. But has anyone bothered to look at what happens next? I think a lot of people believe that a British separation from the EU is inevitable, even imminent but nothing could be further from the truth.
By my estimation, it's going to take at least two and a half years for the UK to make it's transition and that's assuming there are no political shenanigans that come up. Considering that a mere 2% separated the winners from the losers, it would not be at all unlikely to see some MP's step up to block the referendum from being implemented.
What you need to understand is that we are years away from any change coming to the trading relationship between the UK and EU, and a lot can happen between now and then.
From the EU discussion, we'll move to guns where I'll play some interesting comments from Charlie Rangel, who apparently believes he deserves to be protected by guns while you should be forced to fend for yourself.
It's a crazy backward world out there, and it's getting crazier by the day. Don't miss a minute of today's show. You won't here this type of commentary anywhere else in media.