Wednesday, March 2, 2016

Fearing Inducing Headlines Designed To Keep Britain in the EU.

The world of finance worries more about their positions and bottom line than representation of the majority. While the Pound and British real estate and stocks would likely fall on anticipation of an Brexit, fear not, capitalism would recover. It always does. Freedom and liberty following the will of the people would generate much stronger, long-term social, political, and, economic trends. British readers, however, should expect a steady diet of fear-inducing headlines designed to prevent change and short-term losses.

Headline: BlackRock warns of economic dangers of Brexit

BlackRock, the world’s largest asset manager, has warned that Britain’s economy would be hit hard by a vote to leave the EU, with equities, sterling and the London property market all likely to suffer.

In a gloomy report for clients, it also warns that David Cameron could lose control over his fractious Conservative party whatever the result of the June 23 referendum, adding to the uncertainty hanging over the UK economy.



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