Even if the United Kingdom votes to leave the European Union, Jim Cramer simply refuses to believe that it will be a momentous or terrifying event.
"The coverage of the story has been laced with hyperbole for weeks, but now it has entered the realm of pure hysteria," the "Mad Money" host said.
Cramer's jaw dropped to the floor by how overblown Brexit fears are when he read the op-ed by Matt Ridley in the Wall Street Journal entitled "The Business Case for Brexit."
He was stunned when he read the first sentence, when Ridley stated "In voting Thursday on whether to leave the European Union, the British people face perhaps the most momentous decision since Henry VIII broke from the Roman Catholic Church in the 16th century so he could marry as he pleased."
It's one thing to place importance on a Brexit vote, but to compare it to the protestant reformation is absurd, according to Cramer.