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re: Germany to leave euro now?

Posted on 6/24/16 at 9:51 am to
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 6/24/16 at 9:51 am to
Thought I had read where the financial industry in Englad had stated that and was pretty vocal about them staying in the EU. London was the hub for the world banks of the EU right?
Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 6/24/16 at 10:01 am to
quote:

London was the hub for the world banks of the EU right?
Yes and still is. If there's an industry where country boundaries are meaningless, it's international finance.

quote:

Thought I had read where the financial industry in Englad had stated that and was pretty vocal about them staying in the EU.
Meh, a lot was said pre-election that will turn out to be just another example of political rhetoric.

None of the financial big shots are going to want to move out of London and live in Frankfurt. I've worked in both cities. There are too many Germans living in Frankfurt......

Besides, to be completely crass and point out the obvious, much of the financial industry in London is heavily populated by the Jewish community. Germany has a history of not treating those people very nicely.
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