Tohru Sasaki, head of Japan market research at JPMorgan
Chase in Tokyo, said falls in European markets would "not cause a financial crisis with the magnitude of the Lehman shock in
2008".
Or how about the thoughts of the Chancellor. In a statement
issued before the UK stock market opened on Monday George Osborne said the UK
was ready to face the future "from a
position of strength".
He also indicated there would be no immediate emergency
Budget. Mr Osborne said there would
still need to be an "adjustment"
in the UK economy, but added it was "perfectly
sensible to wait for a new prime minister" before taking any such
action.
Or Mervyn King, former Governor of the Bank of England:
"Doom and Gloom... Wildly
Exaggerated"
That was a BBC interview and was on their referendum webpage. But I can’t find it now. Odd that.
Anyway. The traffic lights
are still working. So are the hospitals. The trains are on time. My bank is still allowing withdrawals. Last Wednesday night before the vote it felt
like if the people voted Leave everything would grind to a halt.
It hasn’t.
No comments:
Post a Comment