If you’re living outside the UK and Europe, why should you care about the UK and the #Brexit.
“Why should the rest of the world care?
“Britain is the world’s 5th biggest economy. A recession would hit global growth, which is already weak and fading.
“It would deliver a shock to Europe, still struggling with a fragile economy and high unemployment, and confronting the worst refugee crisis since World War II.
“The stock market fallout is unlikely to be limited to Europe. U.S. stocks could suffer because of slower global growth, a stronger U.S. dollar and disruption for U.S. firms in Europe.
“Many American companies have their European headquarters in the U.K. They — and other global brands — may be forced to move people and operations to other EU countries to ensure continued easy access to those markets.”
Read more at CNN Money
