What happens when the UK leaves the European Union?  When this occurs, we can expect:

  • Economic degradation due to the exit of the 5th largest economy
  • Devolution of Scotland,
  • The possible exit of key EU members (Italy, France and Spain), and
  • China will face significant headwinds to its “One Belt, One Road” strategy

Consequently, the most exposed logistics carriers, e.g., international integrators, will suffer the first impact. This will be followed by China dependent industry economies, e.g., natural resources (extractables) and business to consumer (B2C) goods and the logistics supply chains that support these industries.  

The end result is the balkanization of the global economy, a global tsunami. The Central Banks can only shore up the breakwater for a limited period of time, including the US FED.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.