Brexit is in the news. The British heads to the polls in a referendum this coming Thursday 23rd June 2016, to decide if they still want to be a part of EU.
How would Brexit affect the typical SG investor?
The same way it affects the whole world apparantly. Greatly.
Now, I have no opinion on Brexit. No idea if it’s good or bad for the British in the long run. Fortunately, I don’t need to know, and frankly, I suspect nobody really knows.
The LEAVE camp will cite many reasons for Brexit. Britain now sends more $$$ to the EU than it receives. Free borders and immigration has always been an issue for London, and the populace in Britain no longer have the patience to tolerate EU’s rules, especially since they do not directly see any economic benefits.
The STAY camp will cite economic benefits mainly. An integrated market ......