The Phaserl


Brexit, Capital Flight, and Dead Unicorns

from Dollar Collapse:

Money is pouring out of banks and into home safes, leading to calls for the elimination of cash. Britons are thinking of leaving the EU, sending the pound sterling down and gold up (in pound terms). Silicon Valley unicorns are dying (you’ll have to listen to find out what that means). The global financial crisis, in short, has acquired some new facets, each of which could cause widespread trouble in the year ahead.

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