Thursday, June 23, 2016

Britain Has Left the E.U.

Well, start by reading my previous post and the others I wrote about Brexit. Britain has left the European Union and is it's own nation again. Don't think this is over, it is not. It will take Britain two years to finalize their leaving. Expect a second vote in that time.

Here is what you can expect. Britain will see great losses in their stock market and their currency lose trading value. Prime Minster David Cameron will negotiate Britain's exit by promising to follow all E.U. rules so that it can have a free trade agreement with the E.U.  In other words. he will negotiate an exit with no change in the status quo.

I guess my professor and I were right 36 years ago.

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