Things Will Get Worse for Britain Before They Get Better

Andrew K.P. Leung, a Wikistrat Senior Analyst and Chairman of Andrew Leung International Consultants Limited in Hong Kong, argues that the United Kingdom is between a rock and a hard place: It can’t start negotiating its exit from the European Union until it triggers Article 50, but when it triggers Article 50 it loses its leverage. Until that happens, Leung expects the pound will continue to fall and prices in Britain will rise.

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