Bank of England warns EU that £41tn of derivatives at risk after Brexit

[Boilrig]

https://www.ft.com/content/7a318a42-cb9f-11e8-b276-b9069bde0956

Archived Source: BoE warns EU that £41tn of derivatives at risk after Brexit | Fi..

[Swilly]

Rat Race to a massive Recession. Top Contenders:

America(Sympathy)
China(Artistic)
United Kingdom(Funny)

Place your bets folks.

[Lonestriper]

I'm betting the house on the UK because we have a date set in stone for the start of it

[Sableye]

You think Trump will be so quick to take credit for Brexit if britain ends up causing a global recession thanks to its stupidity?

[Death-trooper]

So in other words, Brexit was a bad idea.

[Borealis]

-Could trigger global recession
-Could restart the Troubles
-Could result in the breakup of the United Kingdom
-Pushed by Russian interests

I think worst case Brexit is actually more retarded than Trump.

[Saint Furrybutt]

Shhh.. Borling is going to not like that....

(Plus this was sarcastic)

[Jeff the Hobo]

I would be surprised if Boilrig believes that £41 trillion will go directly into his bank account after brexit.

[DaCool]

All of the above? And the rest of the world? In a massive snow-ball effect?
Because all banks are again "too big to fail"©™
and they haven't fucking learned.

[Resonant]

We shouldn't forget that I don't think even those promoting Brexit expected it to happen. Everyone jumped ship as soon as it happened. Political posturing gone awry.