Mark Mobius criticized Brexit and the UK in remarks at an event in New York, the Financial Times wrote.
"The UK is like an emerging market now," Mobius said at an event in New York, the FT wrote."Their balance of payments is terrible; their government debt is terrible; their fiscal debt is terrible.""Up to now, the UK is riding on the coat-tails of the EU, in the sense that [the UK] can have very low interest rates," said Mobius, who is also an alum of Franklin Templeton in New York.
Before we joined the common market in 1974 Britain was prosperous, Britain joined for job prosperity, all we get was doom & gloom with mass unemployment The unions misinformed the workers, to hold out for high wages, to bring them in line with other EU countrys Jobs for life gone
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