Crowcast8 Jan 2019 19:21
Good Evening !
Bearing in mind , the hardship that Germany has caused Greece , Italy , Spain and Portugal over the last 10 yrs , I couldn't give two hoots what becomes of Germany . Hopefully they'll split up into ~100 smaller States and then definitely will not pose a threat to Global peace .
ECB , authorised by Germany has pumped €100's BN into the above countries , in the form of loans , whilst taking their pick of their prime National assets as Colateral , solely to keep demand for German Manufactured goods .
Only 45% of UK exports go to EU . Following a hard Brexit , I anticipate Sterling to drop , maintaining our competitive advantage with all foreign shores .
There are other Global Variables , debt induced that will have a greater impact on world stability than Brexit
Peace ! ATB