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Why attribute sentiment to that rational behavior which can be explained by adverse FX arbitrage, or the shrinking GBP:EUR spread?

imports > labor
Britain has been swapping elderly expats for young Spanish workers

A joint report published by the Office for National Statistics and Spain's INE recorded ... around 40 percent of Britons in Spain are retired, a figure that has more than doubled in the last decade, the Spaniards relocating to Britain are a whole lot younger.

Around half of the Spanish citizens resident in the UK are aged 20-39 and 59 percent of the total 116,000 have permanent employment.

imports > commodities > agriculture
The Brexit effect: 'Sudden drop' in Italian food and drink exports to the UK

[The UK] is also the fourth biggest importer of Italian food products. After wine and prosecco, the most important items are pasta, fruits and vegetables, and cheese. And after the UK voted to leave the bloc, Foreign Secretary Boris Johnson reportedly explicitly threatened Italy's economic development minister with a drop in prosecco sales if the UK was not allowed to stay in the single market.


Diversity is the key to economic and political evolution.
by Cat on Mon Jul 3rd, 2017 at 12:41:54 PM EST

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