Brexit: the messy, unpredictable aftermath
The financial markets have responded in overwrought fashion. It's like that tragic day Princess Diana died, only with economics.
Well, the conventional wisdom took a pummelling, arguably a bigger one than the British pound took yesterday.
It is possible people are overreacting somewhat to the UK vote to leave Europe.
Certainly, the financial markets are.
Those markets pushed the British pound sterling down further than
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Brexit: the messy, unpredictable aftermath
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