To Brexit or not to Brexit, that is the question
Having just returned from the UK, by my informal survey the exit vote has the momentum.
The voices arguing for remain are focusing on potential economic fallout. What they seem to miss is that after the great recession, people don’t feel like the economy is amazing.
More importantly the British public is more concerned with the free movement within the EU. The perception is that this allows immigrants to come in and claim benefits as well as leaving an open door for Islamic terrorists to make their way to England.
An out vote would still require a 2 year negotiation of new terms before Great Britain left.
Until the vote is concluded next week, prepare for potential volatility.