Five reasons Brexit could signal Trump winning the White

New Post Public Reply Private Reply Replies (1) Message Board
HOT
Five reasons Brexit could signal Trump winning the White House
Katty Kay
Presenter, BBC World News
20 June 2016

Mr Trump could be boosted by the UK leaving the EU
The two most surprising political phenomena of this year have been the rise of Donald Trump and the success of the Leave Europe camp in Britain's referendum on Brexit.
Few pundits saw either coming (and full disclosure, I include myself here, particularly on Trump) - but we should have and now would be a good chance to make up for past oversight by looking at how the two are linked.
This week, polls suggest, Britain may pull out of the European Union. Opinion polls currently have the 23 June referendum too close to call but the Brexit camp (those in favour of the UK splitting from the EU) has been inching ahead in recent weeks.
Later this year, Americans will decide whether to elect Donald Trump as the 45th US President, or Hillary Clinton.
Sign urging a BrexitImage copyrightGETTY IMAGES
Image caption
Mr Trump and Boris Johnson have tapped into similar moods of disgruntlement
Opinion polls also suggest this race is close, though with five months to go, those polls aren't terribly instructive yet. Yet the result next week in Britain could give us some indication of how Americans will vote in November.
Here's five reasons why.
Angry electorate
Donald Trump and Boris Johnson, the leader of the Leave campaign, have tapped into a similar public mood of disgruntlement. On both sides of the Atlantic, a lot of people feel they've been handed a bad deal. In the UK, it's European bureaucrats in Brussels who are to blame. In the US, it's elected politicians in Washington who are held responsible. Mr Johnson promises Brits a better deal if they throw off the onerous yoke of EU regulations. Mr Trump promises Americans a better deal if they put him in the White House.
Globalisation
The forces of globalisation are causing havoc for European workers as they are for American workers. If you are a white working class man (in particular) the combined effects of immigration, free trade and technology have made your job and your wages less secure. Policy makers in the UK and the US have singularly failed to address these issues in any meaningful way. If the Brexit camp wins next week it could suggest the global anti-globalisation mood (if such a thing is possible) is stronger than we realised.
Immigration
Immigration deserves its own category because it is so critical in both campaigns. Economists argue about the relative impact of immigrants versus robots on wage stagnation - voters don't care much. They blame immigrants. It's easier to get mad at a person from Macedonia or Mexico, taking your job than it is to get mad at a piece of technology from Silicon Valley. In both countries, governments haven't handled immigration well. America tried and failed to implement immigration reform and the country's Southern border remains porous (though to be fair, more people are using it to go south not north at the moment.) Like its European partner, the British government is caught in the nightmare story that is the European migrant/refugee crisis, with no effective response.
Lost pride
The complicated feeling of having had a bad deal has created an insidious spin off, a sense of broken pride, both national and personal. Working men, in particular, face a world they did not expect, jobs are hard to find and pay badly meaning they often can't provide single-handedly for their families, as their fathers and grandfathers did. That alone causes a loss of pride. In the US it is also linked to a loss of national pride through a sentiment among Trump supporters that President Obama has diminished the reputation of America by going on what they refer to as his "global apology tour." For Brits the loss of national pride comes from a feeling that British sovereignty has been given away to Brussels and if we leave the EU, we will be stronger, better, more respected.
Populism
And, finally, populism loves simplicity, especially, it seems, when it's dressed up with an impressively wacky hair do. Boris Johnson and Donald Trump appeal to the heart not the head, they offer simple solutions in a time of complex problems. It's an appealing message. Think about the complicated consequences later, the thinking seems to go, for now protesting the status quo feels like a good start.
A victory for Brexit next week by no means guarantees a Trump victory in the autumn. However, if the forces of disgruntlement, nationalism, populism and anti-globalisation are strong enough to force a radical move in the UK, they may be strong enough to force a radical election in America too.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Couche-Tard's Q1 2027: Strong Growth Amid Challenges

Updated Category News Views 9

Decoding Alimentation Couche-Tard's Recent Gains When the talk in the finance circles centers around Alimentation Couche-Tard (TSX: ATD) these days, it's all about their jump into fiscal 2027. The giant convenience store operator dished out some promising numbers for their first quarter, rippling through Wall Street's coffee breaks. Net earnings for shareholders of $828.5...

Continue Reading
Penn State-Battalion Pact Advances Semiconductor and Alloy Tech

Updated Category News Views 16

Bridging Academia and Industry for Security Every so often, academia and industry find that sweet spot where their paths align. It's one of those days, it seems. Penn State University and Battalion Advanced Technology Ltd have cozied up for some big-ticket collaboration on materials research. They're not simply tossing money around—up to $6 million's earmarked for two...

Continue Reading
Check Point Shareholders Back 2026 AGM Proposals

Updated Category News Views 0

Shareholder Endorsement Solidifies Check Point's Strategy Today, Check Point Software Technologies had a bit of a celebratory mood. Their stakeholders, it seems, aren't just riding the wave; they're all in. You could almost hear the cheers from Redwood City when those shareholder voting results flashed across the board. Some 81.2 million shares—encompassing about 79.52%...

Continue Reading
Costa Rica's Summit Draws Global Investors, Buyers

Updated Category News Views 0

Costa Rica's Big Stage for Business and Opportunity You might look at Costa Rica and think of lush rainforests and coffee beans, but right now, it's a hub bustling with suits, spreadsheets, and strategic meetings. Over three days, the Costa Rica Trade & Investment Summit (CRTIS) gathered nearly half a thousand buyers and investors all under one roof in San José. Local...

Continue Reading
Manulife's $750M US Offering: Risky or Strategic?

Updated Category News Views 2

Manulife: Debuting $750M in Subordinated Notes When it comes to Manulife's latest move, it's all about the numbers. They've priced a U.S. public offering of a meaty $750 million in subordinated notes at an enticing 6.146% interest rate. That's no pocket change, folks, and it highlights a strategy or a gamble, depending on your view. But here's the kicker: these notes may...

Continue Reading
Replay Sports Cards Expands to Greenville With New Franchise

Updated Category News Views 0

An Old Hobby Gets New Life in Greenville Isn't it something when a hobby from your childhood eventually morphs into a business venture? That's exactly what's happening in Greenville, North Carolina, where Replay Sports Cards is laying down roots. Thanks to Jim and Jake Whitehurst's fresh franchise agreement, the card community along the eastern seaboard is about to have a...

Continue Reading
MD Integrations' Bold Cert Link: Telehealth's New Era

Updated Category News Views 1

MD Integrations Paves a New Path in Telehealth Well, folks, it seems someone’s finally listening. MD Integrations is taking a serious swing at solving one of telehealth's big hiccups – compliance delays. By roping in LegitScript directly, they’re all set to smooth the rocky road to launching virtual care brands. The Sticky Issue of Compliance Delays Anyone dabbling...

Continue Reading
York Urged to Retire Research Macaques After Probe

Updated Category News Views 0

Undercover Investigation Shakes Up York University If you thought the world of research was all about sterile labs and the pursuit of knowledge, think again. The Jane Goodall Institute (JGI), famed for championing animal welfare, has urged York University to let go of nine long-suffering rhesus macaques. Turns out, these macaques weren't exactly living their best lives....

Continue Reading
NEXA Unlimited: Disrupting Mortgage Broker Earnings

Updated Category News Views 7

What Exactly Is NEXA Unlimited? In a game-changer twist, NEXA Lending has launched something that could dramatically shuffle the current mortgage broker model deck. Dubbed NEXA Unlimited, this new model promises no less than 100% revenue access to its loan officers. We're talking zero fees—flat, funding, closing—none of ‘em. This isn't a small tweak or a cosmetic...

Continue Reading
Marco's Pizza Fuels Education with $1M Donation Boost

Updated Category News Views 1

It's not just about slinging pies for Marco's Pizza these days. They're marking a mighty milestone with a $1 million donation to Junior Achievement USA, a major player in prepping young folks to grapple with real-world financials and entrepreneurship. This hefty check not only pushes The Marco's Pizza Foundation's giving tally past the $1.5 million mark, but it also...

Continue Reading

Top 5 Most Recently Viewed Articles

Tempus AI: Important Legal Reminder for Investors

Updated Category News Views 112

Understanding Tempus AI's Legal Situation Tempus AI, Inc. has recently found itself at the center of a legal storm, and it's crucial for investors to be aware of the developments that could impact their interests. Bragar Eagel & Squire, P.C., a well-respected law firm, has been actively engaging with shareholders who have experienced losses. How Tempus AI Investors Can...

Continue Reading
Projected Growth of the Fatty Amines Market to $4.97 Billion

Updated Category News Views 214

Overview of the Fatty Amines Market The fatty amines market is poised for significant growth, with projections indicating an increase from USD 3.60 billion in 2025 to USD 4.97 billion by 2030. This growth, reflecting a compound annual growth rate (CAGR) of 6.7%, is attributed to heightened demand across various sectors. The Influence of Eco-friendly Practices As...

Continue Reading
NIP Group Finalizes Major Crypto Mining Assets Acquisition

Updated Category News Views 130

NIP Group Inc. Completes New Acquisition in Crypto Mining NIP Group Inc. (NASDAQ: NIPG), a trailblazer in the digital entertainment industry, has successfully finalized a significant acquisition of on-rack crypto mining machinery. This strategic move is designed to enhance their operational capacity, enabling them to accelerate growth in the crypto asset sector. Details...

Continue Reading
Understanding the Altimmune Class Action Lawsuit for Investors

Updated Category News Views 189

The Class Action Lawsuit Against Altimmune Investors affected by the recent events surrounding Altimmune (NASDAQ: ALT) have an opportunity to participate in an important class action lawsuit. The lawsuit was launched by Bragar Eagel & Squire, P.C., a renowned law firm specializing in stockholder rights. It pertains to all individuals who acquired securities of Altimmune...

Continue Reading
Koryx Copper's Promising Drill Insights Reveal Project Growth

Updated Category News Views 275

Exciting Drill Results from Koryx Copper's Haib Project Koryx Copper Inc. (TSX-V: KRY) has recently unveiled assay results that are making waves in the mining community. These results are derived from an active and promising drill program at the Haib Copper Project. This ongoing effort is part of Koryx’s strategy for exploration and project development. The current...

Continue Reading