Brexit Could Be Catastrophic To The Economy: Credit SuisseMani
Alluding to views from OECD, CBI, LSE CEP, and NIESR, analysts at Credit Suisse believe the U.K. leaving the European Union could halve its potential growth rate up to 2020. Andrew Garthwaite and colleagues said in their May 19 research piece titled "Brexit: Is it in the price?" that they believe inward FDI flows will drop if the U.K. were to leave the EU. The views are not contrarian, many have expressed alarm at the possibility of a UK exit from the EU, including David Cameron who . . .
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