I'm intrigued to know, as a UK resident, what Marty said yesterday in his private blog about "Britain in Crisis".
If anyone saw it, would he/she/it mind sketching it out for me, please?
The press/tv here is blitzing us with terrifying scenerios which will occur if/when Brexit happens. [I think they're laying the foundation for another referendum - when we'll be given another chance to, this time, vote the 'right' way!].
Thank you...
John
If Boris becomes Prime Minister there's a chance of a general election and a risk that Corbyn will win - hence the pound is falling. He's said for a long time that the GBP will most likely go to par with the USD and has been bearish for many years. For a person like me, investing with the major trend (i moved my GBP into USD and US equities) and listening to him (and not others who for the past 5 yrs have said the USD will hyper inflate any day) has kept me in the green.
I have direct relatives living in the UK, Germany, France and the US... those in the US really have no idea what it's like in Europe right now. Capital is definitely fleeing..