Why the British economy has done better than expected since the Brexit vote

[palou]

Pyro as Bill said:
Those expectations/predictions were from by the same crony 'capitalists' who said we'd all die if the banks weren't bailed out. Protectionists and their lobbyists have the loudest voice because of their large propaganda funds and political/media connections.

There will be some kind of downturn because the economy has to rebalance away from EU protectionism towards free trade. Some companies will have to take a hit but that's beneficial long term. I hope the disruption is enough to kill off some of our zombie companies that would already be dead without low interest rates.

The UK government has handled it badly. They should have informed the EU that we're leaving on WTO terms come 2019. If the EU wants to offer a deal before that, we'll consider it. I have a little bit of hope that they intend to play ball on negotiations but make it so humiliating that parliament has to vote it down.

Since when is the EU protectionist? The union has actively (and successfully - the EU is the world’s largest exporter and importer, the former by a fair margin) promoted increased trade on a global scale, not to speak of the clearly anti-protectionist nature of the existance of such a single market, in the first place