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Political Discussion
Reply to "Please explain pros of Brexit to me"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] British goods will get more expensive for those in EU, blow to Uk economy. Banks have already said they are moving jobs to within EU, blow to London's status as banking capital. It's going to be ugly.[/quote] London was a banking capital well before UK's membership in the EU. It will survive. The country's ultimate desirability for outside capital is related to its stability, not its membership in whatever. [/quote] Well, what was the case before the EU existed is hardly relevant. Every major bank has said they intend to move hundreds of employees out of London to a location in the EU. Perhaps you know better than them what their business plans are.[/quote] What they said and what they will do is two different stories. Touch base in a year and see if anything changed. [/quote] +1 It's doubtful that any company will get better tax breaks in the EU. I work for a large multi-national that owns a bank in London. Our execs were quietly rooting for Brexit. Today they are cheering. There's a reason that the EU has never had a Facebook or Google emerge, and it's not because they aren't as innovative as Americans.[/quote]
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