BREXIT could cost the UK €300 billion

[MikeRox]

Scoobes said:

AnthonyW86 said:
So the UK's economy would be 0.6% smaller by 2030 but cancelling the budget paymants alone would already save them 0.5% gdp right from the start? And that's just one saving. Sound like a great deal to me if you get all your souverinity back. And other country's would be cheaper off they say?

You realise a healthy economy is supposed to have its GDP increase over time, right? This would be a contraction at worst or stagnation at best. Either would be bad.

For comparison, the UK GDP has increased by over 70% since 2000-2013 (according to Google).

It is also however a prediction based on the assumption that we wouldn't be able to take any alternative approaches with the new found freedom and ability to negotiate our own trade deals with other countries. It's very arbitary to have these studies because what is completely unknown, is trying to be tied down to someones set visions of what would happen.

The truth is, if the UK left the EU, no one has a clue what would happen. Of course the active line at the moment is if the UK leaves, they won't be able to sell to the EU countries as easily and will be heavily penalised hurting the economy. However, we purchase more from the EU than we sell, so arbitary trade cock blocking would actually hurt EU member states more than the UK. So ultimately, although that's the line, would that be the case?

Monday will be an interesting test. Greece has refused to meet the bailout requirements, will the EU let them slide out on Monday when they can no longer service their debts? Or will there be a miracle breakthrough this weekend? So far it's all be calling each other's bluffs because they don't want to set the precedent incase other countries (i.e. Spain, Portugal, Italy) etc all start getting the same idea. But are they willing to risk the stability?

We don't know, nobody knows, both UKIP saying we'd be much better off out of the EU making our own choices and setting our own terms, and the scaremongering from the Lib Dems, Labour etc about 3 million lost jobs, loss of investment etc are all pure guesswork at best and outright lies at worst.

The referendum is the logical way of putting the matter to bed one way or another. I'd rather have 2 years of "instability" from that with a firm answer at the end. Than yet more long decades of rowing bitching and moaning and political parties being torn apart and accused of being racist and allowed to stir up immigration and racial tensions.