San Diego Housing Market News and Analysis
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Submitted by urbanrealtor on June 26, 2016 - 11:21am
Posting this as OT because I think it reaches into a lot of topics.
The near-to-medium term effects as I see them:
1: UK lowered credit rating.
2: New Scottish referendum on separation.
3: Northern Ireland to consider going its own way.
4: There will be reconsideration of the vote by the electorate.
Those are just the agreed upon effects.
Going a couple ripples out, I think this means something more profound for the UK.
A: They are weakened because they cease to exist in their current form. The likelihood of either NI and/or Scotland bailing out is probably above 90%.
B: They are weakened because they decide that staying in the EU is better and now they are negotiating (at lease initially) as supplicants.
What am I missing here?
Anybody have any data/projection driven input?
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