OpinionInternational

Why (not) to worry about ‘Brexit’

Yesterday, UK voters voted in support of a referendum to decide whether the United Kingdom should leave or remain in the European Union
  • Brexit, in my humble opinion, points to the tension, isolationism, nationalism and fear in the world.
  • Angry public sentiment has consequences, some good and some bad.
  • Work on what you can control. Don’t spend all of your money on a new car; save as much as you spend; grow smartly and make sure you have a nest egg.

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We all know now that Brexit is not the name of a new breakfast muffin being served at Starbucks. Yesterday, UK voters voted in support of a referendum to decide whether the United Kingdom should leave or remain in the European Union. The anti-EU supporters won by 52 percent to 48 percent. Almost 72 percent of the voters turned out, with more than 30 million people voting. It was the highest turnout in a UK election since the 1992 general election. You will find more statistics at Statista What does it mean for you (a member of the real estate industry)? Everything and nothing. What's the EU? First, some details: The European Union -- often known as the EU -- is a partnership of 28 European countries. Its goal is to encourage economic co-operation. If countries work together economically, you are less likely to wage war on each. That part of the bargain has worked. Another unofficial promise is the partnership would give the European countries the oomph to compete ...