Last weekend the CEO of Nasdaq complained in the Wall Street Journal about 'The Overblown Brexit Market Panic'. Repeating the absurdity that the vote has created an "independent Britain", as if the EU is a colonial power, he assured readers that "over the next two years, the timeline for EU withdrawal, Britain has an opportunity to become a trading magnet".
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Like all unnecessary institutions, the European Union has invested heavily in the creation and continuation of its own self-aggrandizing mythology. Reading the horror and outrage in every newspaper after the Brexit vote was tallied, one would think that the UK had just voted to invade Iraq or elect David Cameron as prime minister.