Hail to England!Now I'm gonna blast the Manowar classic!
While this is good for independence, they have hard time ahead. The pound went down 9.8% today. I don't see any reason for it to bounce back, if anything, I see it falling further. As far as the rest of the EU goes, this gives reasons for others to exit if they want to retain any sovereignty or control over their countries. Hard times will be ahead for country that follows England until they regain their footing. There's going to be so much change and fallout from this. This is just the snowball that got pushed down hill
I wanna know how I can make money off this...I didn't think this would happen. There's money to be made.
They will recover. The sooner this project USA 2.0 dies, the better. It will be interesting to see if, after other countries have left, something more valuable can be built or if an even more aggressive unification will take place.
Good for them... Swexit next
I'm a dumb american, don't understand the significance of this
1. Short the FTSE 100 via inverse index ETF2. Profit immensely
Talk of more countries leaving You do release that no clauses exists for the exit of member states? And if the UK is to exit succesfully, it is only capable of doing so because it never joined the monetary union and was exempt from certain legislation (TFUE/TUE). Leaving the EU for the remaining members, and new members (and prospective members) would be self-destructive, just as will be the case with the UK. Splendid isolation once again.
The stock prices of British manufacturers and exporters will probably fall,but they would do well out of a cheap pound. The market is panicking now and dumping the British currency,but it could be worth buying and holding onto pounds.
Hi Martin Schulz
Sorry, but we're talking about the European, not the African Union.
point taken 😀
