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WORLD – UK EU exit would be shock

Finance ministers from the world’s leading economies have warned of a “shock” to the global economy if the UK leaves the EU.

The ministers gave their opinion in a statement released at the end of a two-day meeting of G20 nations in China.

Chancellor George Osborne, who is at the event, told the BBC the referendum issue was “deadly serious”.

But UKIP’s Nigel Farage said the G20 announcement was “no surprise” as it was “mates helping each other out”.

“I’m not surprised that big government gets together to support David Cameron,” he added.

“This is big banks, big business, big governments all scratching each other’s backs, I don’t think that impresses voters.”

UK, Chinese and American officials, and Christine Lagarde – head of the International Monetary Fund (IMF) – have been discussing key issues for the global economy during the G20 summit in Shanghai.

3 Responses to WORLD – UK EU exit would be shock

  1. Jay Jassy February 27, 2016 at 11:53 am

    Uk should leave EU

  2. jrsmith February 27, 2016 at 3:08 pm

    I totally agree with UKIP, but my take it doesn’t really matter ,whether UK go or stay in the EU, Cameron he is just covering the conservatives ass , because the issue which backfired 50 years ago, as black immigration ,today is eastern European poor whites migration..

    The fix the priminister is in, the British economy is control by the big Corporates in Europe ,the UK has nothing to offer ,the balance of whats not control by Europe , is control by a few other foreign companies. that’s why steel has fail in the UK, but its easy to blame it on China’s dumping of steel.

    Everyone could judge the issue of HSBC bank and what went on during Cameron’s watch , the bank was abandoning London but change they mind, the ??why, All this G20 meeting is just a cover to safe guard the billions they have invested in the UK,why would they want a summit , since last year the Chinese economy was failing… Everything the conservatives party has done in past 50 years has back fired on the british Public..

  3. jrsmith February 28, 2016 at 10:18 am

    Discussing the in and outs of the EU, is only a cover ,Priminister Cameron looks so scared, because he is the one who is going to take the fall for the past and whats to come. there is no fix from anywhere to head off the big hit, the big hit the exposure of who owns the wealth in the UK. when you consider the housing market which is carefully control by a few corporates as to when and where they build homes claiming to be affordable but only for a minority and imposing a way of controlling prices through the banking system.

    The real prize Corporates from Europe and further a field, mixing with private investors which control a top end market of properties worth 5 to 80 million pounds and more , own by people who cant even point to England on the world map, properties some haven’t being lived in for 10 years. this market alone is worth 2 billions a year and that may be off the books.
    What we are seeing the Political Corporate Corruption. which exist in the UK,


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