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Main » 2016 » June » 23 » Recent quotes financial gurus of BREXIT
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Recent quotes financial gurus of BREXIT

 

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What do they think the powers that be (they are also economic savvy and quite a reliable forecasters) of UK output potential of the Euro zone? - On AMarkets materials.
 

George Soros, based on its 60 years of investment experience, says that "it something tells - the pound will fall, along with a pound - and the living standards of the British." The winner, according to the billionaire, will be only the speculators. Jacob Rothschild believes that "all the circumstances favor the fact that BREXIT be true catastrophe."

 

AMarkets

 

Another guru, George Osborne, expressed this thought: "In the end, no one will be able to protect people from an economic shock, which will bring into their lives the output of Britain from the Union."


And, of course, many economists, experts and analysts in connection with the risks around BREXIT and pound remember "Black Wednesday" 16 September 1992 - the day the pound fell against the dollar incredible and the German mark. Reduction was continued in the next 2 weeks. Interestingly, while in the collapse of the pound informally accused Soros. Allegedly, the artificially simulated situation - for a long time to buy a pound of large, but invisible to the volume of the market, and then simultaneously sold all that he had time to generate - about 5 billion pounds to 15 billion marks.

 

Now Soros predicts that as a result BREXIT pound will fall by 15-20% below the level of $ 1.15. Thus Soros predicted the devaluation will not be "healthy and saving", as it was in 1992. Britain has a large account deficit.And the devaluation does not improve manufacturing imports.

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