I Have a Question

Thoughts on the UK leaving the EU.

How long do you think it will take the UK to bounce back?

Will David Cameron resign?

Will Boris Johnson become the next PM?

The pound has already plummeted within the hour of the news breaking. That's just the market reaction, many Brits won't feel the full effects for a while.

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3venus · F

@CaptainAmerica it can and already has affected America. Brexit is one of the many reasons why we haven't raised rates in June and likely won't raise rates in July. You can argue that raising rates is a bad idea, but that's another discussion for another time.

Also think about what this means for trade. It's going to cost more for exports and imports.

It has already strengthened the USD by 10%. Plus stocks are expected to fall by 5% tomorrow.