To those that are eligible to vote in the EU referendum, will you vote in or out?
To those that cant vote, if you were allowed to vote, would you vote in or out?
| +220 | girl who rejected/ghosted me messaged asking for IBD job | 65 | 58m |
| +128 | We need to do something about the debt, now. | 52 | 13m |
| +2 | Where are the Granola Girls? | 5 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
The vote should be in, the claimed economic "advantages" don't compensate for the additional risk.
What additional risk? The Euro is in deep trouble as it is.
Exit would be a very good thing for Britain because it would help silo them away from the EU's economic problems, but it would be a very bad thing for the EU because there is a huge risk of separatism becoming a contagion rather than an isolated event.
The only positives that I can see for the UK from exiting are a cheaper pound in the short-term and possibly a more efficient regulatory framework to operate in in the long-term.
The biggest issue I see with Brexit is that it could potentially trigger a recession in the UK and impact foreign investments, which the UK highly depends on.
Besides that I was talking about national security and collaboration across the EU. If the UK exits, there is a good chance that the EU will collapse, as several countries will follow suit and put things up for a vote. Spain has elections soon and Italy may also have a referendum in October I believe. Greece and Denmark are two other candidates.
It's only a matter of time at this point. The EU was doomed economically the moment they thought it would be a good idea to try to introduce a currency not tied into any national debt.
That more efficient regulatory framework is also a big deal. Right now the EU's regulatory environment is extremely hostile to capital and investment. They've been trying to eliminate cash, are on an aggressive hunt for taxes(branded as "money laundering prevention"), and have been harassing citizens for revenue. Hell they even stopped a train coming out of Luxemburg and searched it for valuables while Italy experimented with cash sniffing dogs at airports.
If it's done right, and that's a big "if", a separated UK could position itself to attract capital by being a friendlier place than the EU while still being a more familiar environment than the United States. This is doubly true now that Switzerland bowed to the demands of the G20 and implemented capital tracking. They could very easily take Switzerland's old place as Europe's banking capital.
Totam ea illum enim est nesciunt. Deleniti et debitis eveniet aliquid accusamus ut omnis. Nihil eaque quia assumenda dolorum.
Beatae et labore earum odio sit incidunt. Est voluptas consequatur velit laboriosam voluptatem et perferendis ex. Odit est deleniti quia architecto non. Architecto et atque eius autem. Qui quo perferendis quaerat natus. Mollitia libero fugit nihil qui sunt quia. Et labore natus iusto reiciendis.
Ut iusto tempore qui enim minima. Dicta ut provident in consequatur id. Nihil consequatur consequatur dolor fugit. Quidem minima explicabo fuga molestias qui nihil. Qui voluptatem cum voluptas iure.
Esse rem laudantium provident. Repellendus omnis voluptatibus minus saepe et non.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...