According to US treasurer secretary reports,he felt Brexit would make Britain a winner as she had a trade sulplus of US40bln with Germany and strong military powers that enhanced her strong bargaining power to negotiate on terms and conditions with EU union.As for EU union esp Germany is also having a political disarray amongst themselves with different visions in socialism and democracy policies. Hence the losers may be EU union themselves and they have to buck up to settle their problems eps their finances and economies.
The negative interest rate is killing the banks in EU e.g Deutsche Bank. Deflation is killing them and now this BREXIT. How bank going to earn if this continue
Banking sector has a hard time. Sterling will not be recovered so soon. It won't go back to 6 in the next 2 years
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fam Jenny
7,724 posts
Posted by Fam Jenny > 2016-06-27 22:40 | Report Abuse
According to US treasurer secretary reports,he felt Brexit would make Britain a winner as she had a trade sulplus of US40bln with Germany and strong military powers that enhanced her strong bargaining power to negotiate on terms and conditions with EU union.As for EU union esp Germany is also having a political disarray amongst themselves with different visions in socialism and democracy policies.
Hence the losers may be EU union themselves and they have to buck up to settle their problems eps their finances and economies.