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Domino Effect: More Countries Want Referendums on the EU

Large majorities across Europe now want their own referendums on the EU. Graph taken from Zero Hedge:


The writer from Zero Hedge notes: "over 40% of Swedes, Poles, and Belgians are in the same boat." And also predicts that if Le Pen and her National Front is victorious next year, France may be the next country to hold a referendum for leaving the EU. 


Meanwhile, stocks are down across Europe, and American futures are slightly down across the board. China, which is in a perpetual condition of collapse, is using the opportunity to blame BREXIT for the latest phase of their economic collapse, but also takes the time to say that the market reaction has probably been uncalled for:



Mr Lou, from China, said Brexit would "cast a shadow over the global economy" and that the "repercussions and fallout" would emerge over the next five to 10 years.

However, he added that reaction from stock markets, which fell sharply on Friday, may have been overdone.

"The knee-jerk reaction from the market is probably a bit excessive and needs to calm down and take an objective view," he said.
Huang Yiping, a member of China's central bank monetary policy committee, said Brexit could mark a "reversal of globalisation", which would be "very bad" for the world.

Considering the UK won't even leave the EU for a minimum of 2 years, the market's response is totally irrational. More than likely the market's movements are merely a reflection of the need for a strong correction, not to mention the panic mongering of George Soros, who is making off like a bandit.
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