Some days nothing happens.  Many for that matter. Or it’s the drip drip drip of attrition of small events one tries to blow up as huge cataclysms… as in portraying it as the Earthquake of the year…

THEN, there are days everything changes.

Right now, we have the WEIC bills shuffled into a different committee in the Senate, creating speculation they may be shelved, never to see the light of day.  They passed the House. This is important for all of Wilmington.  I was telling some school kids what it was about, and their eyes got HUGE!  (They had no idea)…   But it is the first change in New Castle’s School Districts boundaries since the famous Court desegregation settlement.  It has great impact on property values in Christina District… Woo Hoo!  No more thugs! That becomes the place to raise your kids. Red Clay’s housing prices begin their grand longterm slide… Pike Creek is a great neighborhood, but we now got thugs from Wilmington in our schools.

Secondly, we have the Democratic sit-in for common sense gun legislation… Going on 24 hours, this is amazing stuff.  We’ve had sit ins before, and the same outrages being social media’d regarding Paul Ryan, also took place when it was Republicans protesting and Democrats controlled the House… The Democrats even turned off the lights; the Republicans have not gone so far yet…. But this is destroying the Republican Party… Seriously, it is a wonder if it will be around November 11th.  We have Democrats demanding a vote on gun laws that will save lives… They may not win the vote, (there are a lot of Republicans) but they are demanding a vote… Obviously the Republicans don’t want a vote which will cause them to get attacked by both sides… I mean,… who wants to be attacked by both sides?

But unfortunately, I wasn’t able to pay attention to either of these… Today (yesterday) was the Brexit Vote.  Most of you don’t know what that is or what any implications of that might be…  Let us say:  global economic collapse.  Remember it was the collapse of Lehmann Brothers, one single firm, that triggered the Depression (falsely called a Recession) of 2008.

If that was a rogue wave, this is a tidal wave… While you slept, Britain lost 120 billion pounds sterling of net worth. most of it in a minute.  Their banks are down on the stock markets by 25%… You may wake up to the resignation of their Prime Minister.  Housing rentals stocks are now down 40%… Overall at this writing, the FTSE  is down 5%.. The German exchange is down 5%.. American futures are down 5%…

No one knows how it will end.  It could be the end and wipe out all wealth which means we are in for a long bitter and hopeless recovery.  Or we may, pull a save and people will relax. The answer depends on where the fear line lies, and that is something no one can know…. That is the line over which if collapse passes, emotions take over decision making and a free for all occurs…

So before you go in to work today, pour yourself a glass and raise it to “Yesterday”:  a normal day that may be the last normal day you’ll remember for the rest of your life.

Cheers. 🙂

 

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