MESSY COUNTRY POLITICS CAN MESS YOU UP!

The UK’s vote to leave Europe is creating a hot mess. When a country has big problems on a national level, its citizens can end up PAYING MORE for many things.

What and whom you vote for can and will affect YOUR bottom line.

High country risk often creates a weak currency and higher borrowing rates. This means anything you buy that is imported will COST MORE. It means when a company (or a person) in that country borrows money, it may have to PAY HIGHER INTEREST RATES.
The UK just lost its AAA credit rating status – meaning the country is now judged a riskier place, and costs for people and companies will go up.

More risk = more expensive.

Messy politics, messy finances, unpredictable future, lower growth rates, all these mean HIGHER country risk.
There is an economic price to nationalism and protectionism.