George Soros weighed in on the economic case for Britain remaining a member of the EU on the eve the referendum on Tuesday.

In a letter to the Guardian, he noted that warnings by Prime Minister David Cameron, the Treasury, the Bank of England, the International Monetary Fund, and the Institute for Fiscal Studies have been dismissed as scaremongering.

In Soros's view,the warning is fair.

The leave vote will bring immediate pound devaluation greater than 15% or greater, bringing the sterl...


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