UK economy shrinks for the first time since 2012

A hint of what what to expect from Brexit perhaps?

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go get em BOJO!

Mr Javid told the BBC: “I am not expecting a recession at all. And in fact, don’t take my word for it. There’s not a single leading forecaster out there that is expecting a recession, the independent Bank of England is not expecting a recession. And that’s because they know that the fundamentals remain strong.”

Recession imminent then

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the balancing factor in the medium term is the cheaper pound which should then attract investments and tourism, but it may take some pain to get there

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Define ‘some’ though

Talking about economics in abstract terms is fine until you consider the human cost ie job losses and an increase in people struggling

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I can’t hence I am being pathetically abstract :thinking:

But for UK, as long as it’s open to business, has the rule of law, and encourages innovations, I still very much remain optimistic on the future of this country.

What I do think makes sense for individuals is to increasingly have more non-UK investments or assets, such as buying some gold and hold it in dollars as a diversification hedge.

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