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20 June 2016
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20 June 2016, Comments: 0

Soros issued a strong warning against UK leaving the European Union:

Too many believe that a vote to leave the EU will have no effect on their personal financial position. This is wishful thinking. It would have at least one very clear and immediate effect that will touch every household: the value of the pound would decline precipitously. It would also have an immediate and dramatic impact on financial markets, investment, prices and jobs…

A vote for Brexit would make some people very rich – but most voters considerably poorer.

I want people to know what the consequences of leaving the EU would be before they cast their votes, rather than after. A vote to leave could see the week end with a Black Friday, and serious consequences for ordinary people.

read the rest:
https://www.theguardian.com/commentisfree/2016/jun/20/brexit-crash-pound-living-standards-george-soros

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