Angela Merkel warns that Britain will not be able to access the EU single market if it refuses to accept the free movement of people

There are always advantages to a currency dropping but the UK's economy is really built on outside perception of stability and reliability (doing business with Lloyds, I can confirm how true this is in the financial sector). In practice, this has nothing to do with the currency directly, you're 100% right. QE was designed to sink the euro, we all know this. But our UK relations are on halt because nobody knows where this situation is heading, it's looking shaky at best and we have lost our most valuable contact to a German bank. This is why the sector will be affected, and other sectors will be impacted too, only slower. Before getting into financial services, I was a biologist, and the scientific community in the UK is in panic, so it's not just limited only to one sector. The UK and the US both had the policy of attracting brilliant engineers, scientists and other academics, they will now start to bleed them. A breeze can take down the most elaborate house of cards and that's what's happening in my eyes, unless I'm underestimating how well rooted the UK is. But I think that over the past 150 years, most jokers have been played...

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