Canada has a bigger banking sector than Germany and France put together and their only access is to themselves. Australia has a bigger banking sector than Germany as well.
You have less uncertainty yes.
You also have lower earnings and far lower chances of ever owning your own home, or just about any wealth to pass to your own kids.
The median wealth of a German family is half of an Italian one. It is absurdly low and it is just an inch above Slovenia. Most Germans don't own a home and never will. There's also a very hard time in finding credit, and Germans rely on savings to fund their purchases. It 's why very rare in Britain to find a car 10 years and older, whereas in Germany that's the standard.
according to Credit Suisse Wealth Datebook 2017:
http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=A8BD95FB-A213-1EE7-59CC7F2F001A11AFMedian Wealth per adult
1) Switzerland - $229,059
2) Australia - $195,417
3) Belgium - $161,589
7) United Kingdom - $102,641
12) Spain - $63,369
13) United States - $55,876
14) Germany - $47,091
15) Sweden - $45,235
There are advantages and disadvantages to every developed country. Earning potential and wealth are
not one of the advantages for Germany, and certainly not over the UK. Quality of life is probably better, as are prices, but not earnings.
One would only emigrate to Germany if they want to become German and live there for the rest of their life. It is certainly not the location for a quick buck before you return to Italy.
That's an oversimplification. Different countries have different needs and wants from Brexit. To imply that the EU is united in its position to the UK is absurd.
Poland would be more than happy to see the UK go without monetary contribution and single market, but want them in the freedom of movement area.
Germany doesn't mind the UK leaving the freedom of movement area, but wants them to continue to contribute to the EU budget and stay in the single market as its crucial to the survival of many German export businesses.
First of all GBP/USD is today in the same position as before the referendum. It has climbed back up over the last year. So this is a redundant conversation.
Hypothetically in terms of food, the UK could strike those very free trade agreements it claims it wants with countries who are net exporters. Ukraine of course being the closest and cheapest fertile basket case, and in desperate need of any income.
First of all that's ******** - Brits have a higher income than Germans.
Second of all that's economically incoherent. Lower incomes do not spur an appreciation in the currency strength. That's nonsensical. If anything, it's the opposite.