Hi! Di, elections from this side of the pond.
Next legislature already tagged as "interim" as there is, in fact, no governing majority either in the Senate or in the House.
Missing ballots in the recount, whether or not absentees and expats votes will be in completely (every envelope counts) will lead to further uncertainty.
Heard that all US lawyers have chartered every available flying object heading to Florida (LOL).
Majority is too narrow, expecting lawsuits.
State voters uncertain also: some states have a law regulating the votes, some only "traditionally" give their votes to the majority candidate: this could change (think of the power -and price- of these voters).
After an eventual vote (and this one could be delayed), usually 100 days are needed to choose key personalities (High Court, FED, ....).
We are starting to look in our own backyard and see that we could make it on our own, without US leadership.
Euro index made a jump today (1.5%), this time without central banks intervention. Foreign funds will not stay long invested in USD in the current uncertainty, and foreign funds equals about 15% of US deficit: these funds could be repatriated at the speed of a mouse-click.
One of the candidates should concede his defeat ASAP, IMHO, place the Country's interests above his personal ego. Any delay is bad for US credibility. |
