Wednesday, March 29, 2017

The global trade agreements allowed for laziness in the financial markets.

After Brexit, those employed in the  financial institutions will have to work for a living.

March 29, 2017
By Griff Witte
 A little over nine months (click here) after British voters chose to withdraw from the European Union, Britain took a decisive — and likely irreversible — step Wednesday toward leaving a partnership that has bound the country to the continent for nearly half a century.

With the simple handoff of a letter in Brussels in the early afternoon, the British government became the first country to ever trigger Article 50 — the mechanism by which nations can exit the European Union.

“This is a historic moment from which there can be no turning back,” Prime Minister Theresa May announced to a momentarily hushed House of Commons, before debate later turned rowdy.

In Brussels, European Council President Donald Tusk said there was “no reason to pretend that this is a happy day.” ...

There are always winners and losers everyday on Wall Street. Grow up.