Monday, 17 October 2016
BANKERS WELCOME TO LONDON
Scaremongers are back again about the economy is going down and bankers are leaving the City by the droves.
The greatest threat is that Frankfurt luring bankers from the City.
Now the evidence shows that bankers moving to London. The Dutch bank ING is shifting 40 traders from Amsterdam and 20 from Brussels to its London headquarters. Everyone knows that Frankfurt and the EU are heading for disaster.
Why these Scaremongers are trying to blindfold the public? The public is today far more informed through the Internet.
Many banks and bankers, investors and big countries are waiting at the fence to move in when the situation is settled. Big countries, which Brussels forbid to trade with since UK was signed up with the EU market. PM May had a number of promises that they would trade with the UK the moment it is free from Brussels. So what is really keeping her? She is wasting time and money.
Regarding the economy it is, at the moment, more or less at a standstill. It should and could be a lot better since the pound dropped very low an ideal moment for export and the economy could be booming. The problem is caused by PM May holding back Brexit and not revealing details of her so called 'negotiations'. It causes uncertainty whether she will trigger off Article 50 at all.
Switzerland had an agreement with Brussels within three months to be in the single market but have control its borders and immigration which normally goes together according to Brussels' rules.
Greenland was out of the EU in three months the moment the people voted for an exit and it triggered off Article 50. Yes, Greenland has not the kind of huge financial and economical market like the UK but being small and depending mainly on a fishing industry it had a far bigger risk to face. According to reports they doing much better and still sell their fish to Europe at a better price.
Norway opted out and their economy improve so much that workers have one of the highest wages, pay hardly any tax, free schooling, free universities and pensioners are well looked after in free accommodations. Tories take a leaf out of their books.
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