Wednesday, June 22, 2016


The fate of Britain hangs in the balance.  Will the Brits vote to stay or leave the EU?  Let's face some facts here, there is absolutely nothing of benefit staying in the EU, but plenty of benefits for the unelected politicians and the politically connected.  Hundreds of other countries outside trade with Europe and they are not part of the EU, and they're doing fine, thank you very much.

The long term trade is to not hold the Euro, but if Britain votes NOT to leave the Eurozone then you can add the pound to that list, a slow "death by association".  If Britain leaves you can bet that this will start a contagion and a breakup of the Eurozone.  One way or another this will be determined soon.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.