As of the time of this writing most of the votes have been counted and it appears Britain has voted to leave the European Union.

I’m personally shocked. But from a Jubilee Year 2016 perspective, a British exit from the EU holds up the possibility of maximum chaos.

We wrote this previously in our article, Brexit, There Is Much More to It Than Meets the Eye:

We look at these issues from the point of view of Jubilee 2016. As much as we would like to think [Brexit] is a straightforward sociopolitical event, we cannot. It is part of a larger story, one that involves increasing chaos as this year moves forward.

I also wrote previously:

I think the future of Europe is one that will be continually more chaotic and violent. Pro- and anti-EU forces will engage in a long-term battle that will leave not a single cultural element uncontested.

This is already starting to happen. Within an hour of the results seeming to be clear, the vote set off a worldwide shock.

The Japanese Nikkei fell more than 8% and circuit breakers kicked in to shutter trading.

Hong Kong was down 4.67% and Australia was down more than 3%.

Gold soared more than $100 in a span of 6 hours.

And bitcoin also rose $100 from near $550, where it had fallen on a panic about an exchange closing for technical difficulties, to near $650.

European stock markets held steady or slightly up while the London FTSE futures are

Business is a series of interactions between individuals that involves the exchange of goods and services for some form of remuneration.  It is a living and breathing organism that must deal with its internal and external environments.  Each individual within this organism has an underlying mind?set that influences all processes and relations.  Just as any organism fails, so too can business.  It should be noted, however, that people fail business; business does not fail people.

There are hundreds and sometimes thousands of variables that must be dealt with to start-up and maintain a successful venture.  In the end, individuals must allow for some flexibility and have a realistic understanding of their market environment.  To say that business fails because of a certain economic or geographic climate is missing the heart of the matter.  Inflation, high financing costs, reduced demand, and government induced constraints are all various viruses that add to the difficulty of survival, but they are not the root cause of the death.  As with any virus, individuals must protect themselves from the possibility of contraction and take proactive measures to avoid the possibility of infection.  These proactive measures are today referred to as good management.  This is where people, individuals, and owners make or break their business.

Good

I was recently on the Marcus Denning Show in Australia.  We discussed almost every major, important topic in the world of finance today.  Marcus has a very professional and in depth interview style and before we knew it the interview had run for nearly an hour and a half.

You can see it here:

 This article was written and presented by Jeff Berwick.  Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences including his own, the world's largest anarcho-capitalist conference, Anarchapulco, as well as regularly in the media including CNBC, CNN and Fox Business.