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Goldman Sachs Say A Uk Exit From The Eu Would Be A "loss/loss Scenario"

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Goldman Sachs say a UK exit from the EU would be a "loss/loss scenario". The bank say they do not expect an in/out referendum because the Conservative Party first need to win an outright majority and the bank says "at this stage, this does not appear likely". (Telegraph)

From the squids mouth.

We're not leaving the EU... ever.

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Anyone got actual detail/breakdown of why the swinging dix of the business and parasite classes think the economic impacts will be from leaving the eu as apolitical union but remaining a member of the single market?

Gee its not like they can say something about tourists having to exchange their money, that enormous drag on our economies, as we aren't even in the euro.

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If Goldman Sachs want us to stay in, then we should leave.

They are probably trading a derivative (gambling ) that we stay in..although knowing the squid they are also taking the opposite position with other clients

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Depends what the assumptions are of course. Are they assuming the end of free trade between the UK and EU?

Well unless UKIP are in favour of a Norway style solution (contribute more/have less influence) then trade would certainly be reduced. Yes yes I know that the UK imports more from the EU than it exports but how long can that go on for?

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Well their advice worked for Greece :rolleyes:

http://

rt.com/news/greece-eu-goldman-sachs/

http://

www.businessinsider.com/goldman-sachs-shorted-greek-debt-after-it-arranged-those-shady-swaps-2010-2

Edited by billybong

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The fact that a private corporations opinion is even considered important in what is a sovereignty issue of a nation state and it's people just goes to show how far down the fascism street we are/could be heading, doing the opposite of what GS want is always going to be the right course. <_<

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The fact that a private corporations opinion is even considered important in what is a sovereignty issue of a nation state and it's people just goes to show how far down the fascism street we are/could be heading, doing the opposite of what GS want is always going to be the right course. <_<

As a starting point, that is a good working hypothesis.

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They are probably trading a derivative (gambling ) that we stay in..although knowing the squid they are also taking the opposite position with other clients

That's a given. As well as getting inside advice from US govt spooks.

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Same globalist nuts who said by not joining the Euro Greece and Spain would be wealthier than the UK in ten years.

Yeah, that worked out well.

Its all about consolidating power for them. Fewer politicians to bribe means cheaper bungs.

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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