BANK OF ENGLAND 'MARK CARNEY' DECLARES THAT LEAVING THE E. U. "COULD LOWER THE VALUE OF THE POUND.

IT IS NOT A QUESTION OF "COULD”?

IT'S AN ABSOLUTE "CERTAINTY"

BREXIT campaigners continually assert that, if we leave the E.U., "Fresh Trade Agreements" can easily and speedily be set up with the, United States, China, the far east, and all those countries where  Britain is trading with now.

BUT, those alternative and, “Replacement Trades Agreements", are not already in place now. Nor will they be, when and if the British people decide to leave the E.U.

Thus, if the British do leave the E.U.; these 'replacement' "Trades Agreements" will not be in place at all. Therefore, there can be no, "CERTAINTY", that they ever will be; or, that they will ever be set up and put in place; SPEEDILY.

THIS WILL UNDOUBTEDLY CREATE, "UNCERTAINTY"

BECAUSE, THERE IS NO ONE TODAY; WHO CAN ACTUALLY PREDICT; WHAT IS ACTUALLY GOING TO HAPPEN, IF BRITAIN LEAVES THE E.U.

MONEY MARKETS DO NOT LIKE, "UNCERTAINTY"

Therefore, this, "UNCERTAINTY" will cause the '£' to 'DROP like a stone' to the floor.
Causing a massive upheaval of the money markets and plunging the country into RECESSION straight away.

UNTIL, NEW TRADE AGREEMENTS ARE IN PLACE, AND, UNTIL, THEY HAVE BEEN FULLY ESTABLISHED, THAT THEY ARE WORKING CORRECTLY AND SMOOTHLY,

UNEMPLOYMENT WILL SOAR LIKE A ROCKET. Manufacturers and producers of product having 'lost' their usual E.U. markets; and, having no new or fresh replacement markets - for their product - that they can rely upon; will be firing and getting rid of their 'work force' in droves; and, many of them, will go out of business.

BREXIT CANNOT "GUARANTEE" THAT THIS WILL NOT HAPPEN.

BUT, ABSOLUTELY ARROGANTLY, BREXIT, IS PREPARED TO TAKE THAT RISK.

YOU HAVE BEEN WARNED - DO NOT LEAVE THE E.U.

Gordon J Sheppard