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Michael Bloomberg says Brexit is ‘single stupidest’ thing a country has ever done … besides Trump

  • "I did say that I thought it (Brexit) was the stupidest thing that a country has ever done — but then we trumped it," the media mogul said at a panel event in Boston
  • Bloomberg, who was in London Tuesday inaugurating new offices in the capital with a reported price of $1.3 billion, said that such an investment decision would probably have been different if he had foreseen the Brexit vote

The U.K.'s decision to leave the EU is the second most "stupidest" decision ever made by a country, only beaten by the U.S. voting for President Donald Trump, according to Michael Bloomberg.

"I did say that I thought it (Brexit) was the stupidest thing that a country has ever done — but then we trumped it," the media mogul said at a panel event in Boston two weeks ago, unearthed by the Guardian newspaper on Tuesday.

"It is really hard to understand why a country that was doing so well wanted to ruin it," he added. "My former wife was a Brit, my daughters have British passports, so we love England – it's the father of our country, I suppose. But what they are doing is not good and there is no easy ways to get out of it because if they don't pay a penalty, everyone else would drop out. So they can't get as good of a deal as they had before," he said.

Bloomberg, who was in London Tuesday inaugurating new offices in the capital with a reported price of $1.3 billion, said that such an investment decision would probably have been different if he had foreseen the Brexit vote.

"We are opening a brand new European headquarters in London – two big, expensive buildings. Would I have done it if I knew they were going to drop out? I've had some thoughts that maybe I wouldn't have, but we are there, we are going to be very happy," he said in Boston.

Bloomberg noted that many of his U.S. and U.K.-based employees have informed him that they want to leave these locations because they feel both countries have become more closed-minded to immigration. Bloomberg reiterated his comments on Brexit and Trump at an event in France on Monday, the Guardian reported.

The 75-year-old former Big Apple mayor considered standing as a third-party candidate in the 2016 U.S. election but eventually ruled it out.

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