Tag: European Central Bank

Britain to Leave the European Union

June 24, 2016

The British have voted to leave the European Union (EU). This has come as a bit of a surprise because prior to the vote most polls were showing that the British would elect to stay in the EU, albeit by a narrow margin. Obviously the polls were wrong and the world’s reaction has been undoubtably negative. The British pound has dropped 8.28% and the Euro has dropped 2.29% against the U.S. dollar over night.

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What is Brexit? (and why should I care)

June 15, 2016

On June 23rd the United Kingdom will vote on a referendum to decide whether Britain will leave the European Union (EU). Brexit is simply an abbreviation of “British exit.” A new poll conducted by the research firm ORB, who began polling the issue last year, reported that 55% of British citizens believed that Britain should leave the EU.

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The European Debt Crisis (and how it may affect you)

August 3, 2012

As an investor, it is more and more important for you to understand world affairs. As the world has become “flat,” the economic codependency between countries and regions of the world has never been higher. As a result, the correlation between foreign..

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