Submitted by Soeren Kern via The Gatestone Institute,
Growing numbers of Belgian Muslims live in isolated ghettos where poverty, unemployment and crime are rampant. In Molenbeek, the unemployment rate hovers at around 40%. Radical imams aggressively canvass in search of shiftless youths to wage jihad against the West.
The campaign for Britain to leave the European Union has taken a 2 percentage point lead, according to an ICM poll, to 43%, up 2 percentage points from a similar poll a week ago and the highest proportion in favour of a British exit since ICM started its referendum tracker in May 2015. Bearish bets on GBP have soared to record highs as a split within the governing Tory party and the atrocities in Brussels have sent bookies odds to their highest yet.
Following two days of rangebound moves, where Monday's modest market rebound was undone by the Tuesday just as modest decline (despite the early surge higher on the latest "bullish for stocks" European terrorism), overnight equity action continued to be more of the same, and as of this moment S&P 500 futures were unchanged, while European stocks were modestly higher.
Turkish President Tayyip Erdogan had predicted the Brussels attacks over a week ago, warning European countries that they were likely to become the victim of terrorist attacks similar to the car bombing in Ankara on March 13. Erdogan singled out Brussels in a speech last week, saying “There is no reason why the bomb that exploded in Ankara cannot explode in Brussels, in any other European city,” during a speech in Canakkale.