I voted leave in the referendum from an economic and fiscal point of view. EU has reached its revenue celling. Every single year since 2008 every country in eu has seen its deficit get bigger, national debts out of control. The only way or any chance to save it from its own demise is to add unstable countries like turkey, (Concept) The EU $16tn gdp as a whole should have made as many trade deals with every country possible i.e 76tn gdp rest of the world and the extra money from export put into a pot and who contributes the most get the biggest share. As we sit here today there will be a dip in the uk economy it is to be exspected but once trade deals with India, Ghana, Canada, Austrailia, China, America, New Zealand and Mexico to name afew are agreed and signed then the uk will become it's own power house and be put back at the 5th largest economy in the world. What people are forgetting is the strength of the UK economy in the referendum the decision to leave wiped of more than $2 trillion globally thats some feat for country that is so called gonna crash and burn for leaving
Just as a point the whole referendum thing is not the conservatives idea, the people voted for it and a lot them are not conservative voters so you can't really blame the blues for it. You may be able to say you blame them for giving joe public the opportunity to cause it though, but not sure they had a choice giving the sentiment during the election.
Post loads of red wine last night and jet lag I still hold the same opinion. I believe the bank has potential but brexit has thrown a major spanner in the works. I believe the sp reflects the forthcoming the results and think we are in the teens for an extended period. In regard to dividends they are whistling in the wind paying out of something they don't have.
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