Brexit Scenarios for June 24 | Peterson Institute for International Economics (PIIE)

Peterson Institute on Massachusetts Avenue in ...

Peterson Institute on Massachusetts Avenue in Washington, D.C. (Photo credit: Wikipedia)

Here’s a good analysis of the two emerging scenarios post the Brexit vote from the Peterson Institute.

Source: Brexit Scenarios for June 24 | PIIE

It seems that either way, the UK is looking at fractious and seriously troubled times ahead.

Thoughts?

George Osborne tells Europeans to pull their socks up if they want to keep Britain – Ambrose Evans-Pritchard – Telegraph

English: East entrance of HM Treasury Français...

English: East entrance of HM Treasury Français : Entrée Est de HM Treasury (Photo credit: Wikipedia)

This is an excellent article from Ambrose Evans-Pritchard, published in the Telegraph. It’s a recommended read. Check it out!

via George Osborne tells Europeans to pull their socks up if they want to keep Britain – Telegraph.

There are some brilliant cameos, especially of UK Chancellor.

What seems obvious is that the European political establishment will be under increasing pressure in the next few years. Similarly, the Euro looks highly likely to be challenging new lows against other major countries.

I still struggle to see clearly who will be the winners and losers in Europe over the next few years. Some clear winners, like German exporters, are obvious. But much depends on the composition of the next government in Greece.

Thoughts?