Mark Blyth on the Brexit vote

Mark Blyth explains Brexit is a revolt against the elites. Asked if it is a no-win situation, Blythe responds:

"Well, it's a no-win scenario until basically the elites figure out that at the end of the day, as I like to say to my American hedge fund friends, the Hamptons is not a defensible position. The Hamptons are a very rich area on Long Island that lie along low-lying beaches. Really hard to defend a low-lying beach. Eventually people will come for you."  4 minute video:

http://youtu.be/nwK0jeJ8wxg

https://www.youtube.com/watch?v=nwK0jeJ8wxg&feature=youtu.be