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tickleandrose
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Bexit although can be concerning when it comes to international security. It is possible that after this, countries like Netherlands, Denmark, Italy, and even France may be exiting as well. These are medium sized ecnomies that is not doing too badly. And then you have countries like Greece, Spain that are not doing well at all, and requires cash injections. And of course, the Eastern European blocks who wanted to resist the advancement of Russia, and deep in trouble with the Syrian refugee crisis.
When these occurs, if Germany suffers a down turn, then the entire European block may just fall like domino. The Eastern European countries will once again be swayed back to Russian sphere of influence, since they feel abandoned by their European allies. Whilst the Western European countries will be suspicious of each other. And this spells very uncertain times ahead.
I think gold is once again back in favour, as the pound falls. But this could be a prelude to the demise of EU, and hence Euro. Gold at $2000 again anyone?
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