Former Republican vice-presidential candidate Sarah Palin praised UK citizens on June 24 for voting to leave the European Union, which she described as opposing an apocalyptic One World Government.
Palin took to Facebook to express her praise of the Brexit referendum:
The Brexit referendum is akin to our own Declaration of Independence. May that refreshed spirit of sovereignty spread over the pond to America's shores!
Congratulations, smart Brits. Good on you for ignoring all the fear mongering from special interest globalists who tend to aim for that apocalyptic One World Government that dissolves a nation's self-determination and sovereignty... the EU being a One World Government mini-me.
America can learn an encouraging lesson from this.
It is time to dissolve political bands that connect us to agendas not in our best interest. May UN shackles be next on the chopping block.
It's unclear where Palin got her information about the EU, but Britain's sovereignty was never in question, regardless of the vote.
However, as a result of the vote, the British Pound dropped to its lowest value since 1985, noted CNN.
When trading closed in London on June 24, the pound was down by almost 9 percent against the dollar; one of the largest declines on record for the UK.
The Bank of England tried to calm fears in a statement: "The Bank of England is monitoring developments closely. It has undertaken extensive contingency planning and is working closely with HM Treasury, other domestic authorities and overseas central banks."
In addition to the economic damage, UK Prime Minister David Cameron announced on June 24 that he would step down in three months, notes ABC News.
Cameron, who opposed Brexit, said: "I will do everything I can as Prime Minister to steady the ship over the coming weeks and months, but I do not think it would be right for me to try to be the captain that steers our country to its next destination ... I love this country and I feel [honored] to have served it and I will do everything I can in future to help this great country succeed."