BREXIT - Out Now!

With the majority (52%) of the people of the UK voting to  exit the European Union, the EC Leaders want them to leave...and fast! European Commission chief Jean-Claude Juncker said Britain’s planned departure from the European Union was “not an amicable divorce” but called for it to be quick. “I do not understand why the British government needs until October to decide whether to send the divorce letter to Brussels,” he told German public broadcaster a day after the historic vote.

Ironically, the main advocates of the Vote BREXIT campaign are wanting a slow march to the divorce papers. Interestingly this appears to be a change to tune prior to the vote. The man the media has tapped to be the "BREXIT PM", Boris Johnson, and who was one the loudest voices for the divorce, is quoted as saying "nothing will change over the short term except that work will have to begin on how to give effect to the will of the people and to extricate this country from the supranational system".

So you eagerly want a divorce but you still want to wear the ring and stay in the matrimonial home. And in International Trade terms, they still want to have the same rights and privileges. I don't get it.

Already some of the predictions have been realized. The British Pound has fallen like a fluxy breadfruit and stocks have followed suit. The only safe asset seems to be gold, as investors try to come to terms with the new world order and the possibility of more exits.

In Jamaica many are concerned that the exit will have serious and far-reaching implications for our fragile economy. Monitoring and Assessments are in progress and Diplomatic Overtures being crafted. The $2 Trillion question is "How will Jamaica: Land We Love fare?"

Only time will tell...