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Could more countries leave the EU?

Posted: Wed Feb 08, 2017 8:27 pm
by ochotona
By Michelle Gibley, CFA

Upcoming votes in Europe could create market volatility, but resolving outstanding political uncertainty could be good for stocks and the economy.

We believe there are arguments against another country voting to leave the EU within the next year.

While some near term caution may be warranted, it’s not the time to abandon global diversification.

http://www.schwab.com/public/schwab/nn/ ... ect-the-EU

Re: Could more countries leave the EU?

Posted: Wed Feb 08, 2017 9:38 pm
by Libertarian666
The EU in its current form is unsustainable. You can't have a common fiat currency among countries with such different cultures.

Re: Could more countries leave the EU?

Posted: Wed Feb 08, 2017 10:53 pm
by boglerdude
Economists love the idea of devaluation...did they support introduction of the Euro?