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    Once Britain Is Out Of Recession, It Will Inevitably Fight Back.

    2016/2/27 22:30:00 24

    BritainEuropeForeign Exchange Market

    If the British referendum is in favour of leaving the EU, it will greatly increase Britain's chances of moving towards a recession.

    stay

    Britain

    When people considered their status in the 28 EU countries before the referendum in June, respondents from Bloomberg survey said that if the vote voted for "leaving", the probability of economic setbacks rose to 40%.

    In the latest monthly poll, the probability of predicting a recession risk is only 13%.

    In view of the discussions on the European Union covering various topics such as immigration, sovereignty and the loss of trade channels, it is urged that those who remain in the UK believe that leaving the EU will affect investment, employment and

    economic growth

    Although the lost land in the British economy has lost more than 2008-2009 years of land lost during the recession, it took four years and there was a period of time.

    unemployment rate

    Soared to a 16 year high.

    Chris Hare, an economist at Investec Plc in London, who worked in the Bank of England, said: "there will be many uncertainties that will significantly drag down economic growth.

    Financial markets are likely to be volatile, and credit conditions in Britain are likely to tighten, and businesses and family confidence will be compromised. All factors should be combined to drag the economy down. "

    British Prime Minister Cameron will lead the British to a referendum in June 23rd.

    He and others who pushed to stay in the European Union said that leaving the EU would reduce trade opportunities and reduce London's role as a global business and financial hub.

    Those who wish to leave the EU say that Britain will be better off from the power of the EU to control the enterprises and to accept EU immigration requirements.

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    During the talks between the finance ministers of the group of twenty and the central bank governor in Shanghai, the IMF and China both pointed out that Britain's departure from the EU is a potential risk of financial stability.

    According to a G-20 official who asked for anonymity due to the fact that the discussion was not public, President IMF Lagarde, governor of the Central Bank of China and Lou Jiwei, China's finance minister, expressed concern about Britain's departure from the EU on Friday night.

    Spanish finance minister Luis De Guindos said in Shanghai on Friday that the question of a referendum on the membership of the EU in June 23rd will be mentioned in the communiqu of G-20's meeting.

    The communique will be released on Saturday.

    In the two days before the G-20 meeting, the British Chancellor of the exchequer Osborne and senior Chinese officials in the talks, Britain's identity in the EU's future is also an important topic.


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