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Lew Warns of ‘Negative’ World Economic Impact If U.K. Exits EU
U.S. Treasury Secretary Jacob J. Lew warned that the global economy would be damaged if the U.K. votes to leave the European Union on June 23. “It’s in the best interest of Europe, the U.K. and the global economy and for geopolitical stability for the U.K. to stay in,” Lew said in an interview to be broadcast Sunday on CNN’s “Fareed Zakaria GPS,” according to a transcript provided by the network. “I only see negative economic outcomes if the vote goes the other way.” Lew added his voice to a chorus of leaders from within the EU about the risks of pulling out of the European union. Financial markets ... (full story)
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Beware of robber banks (RB), bad advisors.