To Brexit or Not to Brexit?

Will Great Britain exit the EU?  The mood of Trump and Sanders supporters in the US is to pull back from the world.   This is dominated by issues of employment which the candidates tie to trade.  If we make trade agreements which favor manufacture offshore, they ask, are we depriving able-bodied Americans of work?  The answer to the question isn’t in, but on the face of it, it is an argument that many voters buy.  Add to this immigrants, who Trump argues get treated better than US veterans of foreign wars, and you find a sizable group that supports “America for America>”

In Britain, the same issues, the relationship of jobs and the pressure of immigrants, pushing people to vote for Brexit.

New Guardian/ICM polls show public opinion swinging towards Leave.

Talkwalker, a social media data intelligence group, has bad news for the Remain camp: “Across all U.K. social media, 60.7 percent of Brexit-related conversations and hashtags advocate Leave and 39.3 percent advocate Remain.” The famous “youth,” who is presumably more active on social media is believed to skew towards staying, so this poll is interesting.

The pound has dropped to $1.4546, down 0.64 per cent, as the polls, which were carried out both online and by telephone, showed a 52-48 split in favor of breaking ties with the EU.  According to broker Knight Frank, not even price cuts of 10 percent are attracting buyers in the poshest areas.

Deutsche Bank would move some trading activities from London if the U.K. decides to leave the EU, according to its chief John Cryan. “It would be ‘counterintuitive’ to trade eurozone products such as Italian government bonds out of London if Britain was no longer part of the EU,”

Brexit?