Decus
Platinum Member
Scotland will be better off as an independent country given that England's fortunes look rather bleak:
"The BOE (Bank of England) noted three principal risks. First, the commercial real estate market, discussed above, is too reliant on external financing. Second, financing of the U.K.’s current account deficit is also heavily dependent on inward investment flows. England is dependent on external capital flows. Heightened uncertainty, particularly if it continues for an extended period, which looks rather likely, could lead to a significant drop in those flows. That drop would add to downward pressure on the currency and could threaten the U.K.’s economic and financial stability."
The Ugly Details of a Post-Brexit U.K.
Funny how the two major supporters of Brexit - Johnson and Farage - have both decided to step aside. Neither expected the Brexit vote to win and neither have a plan for the future. They now leave it to others to take the blame.
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"The BOE (Bank of England) noted three principal risks. First, the commercial real estate market, discussed above, is too reliant on external financing. Second, financing of the U.K.’s current account deficit is also heavily dependent on inward investment flows. England is dependent on external capital flows. Heightened uncertainty, particularly if it continues for an extended period, which looks rather likely, could lead to a significant drop in those flows. That drop would add to downward pressure on the currency and could threaten the U.K.’s economic and financial stability."
The Ugly Details of a Post-Brexit U.K.
Funny how the two major supporters of Brexit - Johnson and Farage - have both decided to step aside. Neither expected the Brexit vote to win and neither have a plan for the future. They now leave it to others to take the blame.
.