Jose Canseco Not Optimistic About Brexit Economics
By Ty Duffy
Make no mistake Brexit will crater the UK into recession and the pound will do a 25% faceplant. Capital will flee like its pants are on fire
— Jose Canseco (@JoseCanseco) June 21, 2016
Britain votes in a referendum on EU membership on Thursday. It may be fine. It may send stocks plunging and hurtle the world economy into recession. No biggie.
Noted financial expert Jose Canseco weighed in. It’s not clear which quarter of the face he feels will plant, but he’s not optimistic about the British future outside the EU’s common market.
Obviously, wait until Lenny Dykstra weighs in with the definitive opinion before you start moving money around to weather the storm.