BREXIT- No major impact on Europe

BREXIT will not have any major impact on Europe, however the bigger economies such as Germany and France will have a major share to contribute to the EU. Many countries in EU are poverty stricken and it may be possible that Germany and France will have to spend more for these countries.

Therefore, either Germany or France will keep sending money to these poverty stricken EU countries or they may file a referendum to move these countries out of EU.

The poor EU countries are in tremendous Debt.Whatever these big giants decide will have to see very closely.

Hare Krishna

 

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