3 ms·
This fundamentally misunderstands why finance is there in the first place. It's not just about access to the euro zone, it's about hiding all that juicy money f
by PuffinBlue 6y ago
This fundamentally misunderstands why finance is there in the first place. It's not just about access to the euro zone, it's about hiding all that juicy money from [insert national/international authority]. The City is a weird place, not quite governed by the laws of the land as you think it might, and has repeatedly reinvented itself for over 1000 years to remain a pinnacle of 'success' in murky dealings. With that handy set of overseas dependencies to hide stuff in, The City will do just fine after Brexit.