Originally Posted by luv2safari
Originally Posted by ftbt
Originally Posted by DakotaDeer
Brexit and MAGA followed by Frexit would start the world on a much better trajectory than it has been for decades.


IF she ultimately wins and IF there is a "Frexit" it remains to be seen what the overall financial / economic impact would be if the EU and the Euro start to crumble. (A lot of this financial / economic stuff is way above my pay grade.). However, one French economics Professor who teaches macroeconomics has concluded, " ... the French financial system is at the core of the euro area financial system and is tightly interwoven with the global financial system. Frexit would lead to a freezing of financial flows and bring the global financial system to a cardiac arrest. The failure of Lehman Brothers could look like a small shock in comparison, and even that had major economic implications."

See:

http://www.nakedcapitalism.com/2017/03/debunking-5-myths-about-frexit.html


That's a bunch of smoke by the far left, and French professors are Far left. ...


Maybe. But it's not just the leftist Frog Economics Professors that are raising concerns. "Bank of America economic analysts wrote in a report last week that a French exit from the euro could have "far-reaching systemic implications for the global system." Moody's Investor Service said on Feb. 3 that "financial markets do not appear to be pricing in acute fragmentation risks, suggesting that the impact of any such shock could be severe. "

See:

https://www.thestreet.com/story/140...lls-traders-prepare-for-frexit-rout.html

The bottom line: if the Frogs leave the EU and the Euro crumbles, we are sailing in uncharted territory .... and something tells me "it won't be all peaches-n-cream" for us. But, as I previously said, this way above my pay grade, so we'll just have to wait and see.