The year is only half over, and already it has been so eventful, and even traumatic. The next obvious challenge heading our way is the question of Britain’s exit from the European Union, or Brexit, which will be voted on next week. The departure of any nation from the European Union would be significant – as we saw with Greece a few years back, even opening the door to departure would be disruptive. Yet the British case is special. London, after all, is the financial capital of Europe, and along with New York, a major center of global finance in general. From the debt side of things, Britain is of particular ... (full story)