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Old 18.04.2016, 16:24
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Something else worth keeping in mind:



One serious question we should be address is why the UK (+ France and Spain) continues to generate a negative balance of trade while the EU, the Euro group, Germany, Italy, Belgium, Netherlands, Ireland etc... are all generating positive balances of trade. All countries face the same market conditions and EU regulations which would suggest that domestic affairs play a much bigger part in the story than the EU does, with possibly one exception: Euro group countries enjoy the advantage of being able to trade in an under valued currency without cost to their exchequers.
How are household savings defined?

Is this strictly limited to bank accounts and smilar? I think with the ever lessening returns, hardly anybody has significant sums parked on bank accounts these days but has them tied up in investements and assets.
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