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JRPGfan on 13 December 2018
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fatslob-:O said:
JRPGfan said:

She won the vote, she ll be there for atleast another year.

This also means its very likely that Britain ends up with "no deal" at all, and does a Hard Exit, with no deals in place.
UK economy is about to crash..... a big part of it is banking, and that doesnt work without the ties in place to europe working.
Ontop of that 40-60% of their trade (directly/indirectly) is dependent on Europe.

I cant believe the circus this brexit has been.
optimistic projections say UK's economy will be ~10% smaller, 10 years from now.... it ll probably be worse (imo).

No, LOL ... 

https://www.statista.com/statistics/281807/largest-export-commodities-of-the-united-kingdom-uk/

The vast majority of UK exports are fueled by heavy industries and is not based on financial services. Also interdependence goes both ways between the UK and Europe. The EU is a net exporter to the UK which translated to a total surplus of 74B euros from last year but get this, NEARLY NONE of the stuff that the EU produces and sells to the UK is of ANY strategic value! 

European solidarity means very little if the EU holds no monopolies on key strategic industries like agriculture, energy, or even electronics. What the EU sells is easily replaceable by either the UK's own domestic production or from other nations ... 

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN06193

"In 2017, the financial services sector contributed £119 billion to the UK economy, 6.5% of total economic output."
"There were 1.1 million financial services jobs in the UK, 3.2% of all jobs."

1. Banking isnt a "goods" export..... so it wouldnt be on that list of yours.
2. ~7% of the UKs economic output is from banking = big part imo.

 

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-7851

"The EU, taken as a whole is the UK’s largest trading partner. In 2017, UK exports to the EU were £274 billion (44% of all UK exports)."

^ with indirect ties its over 60%, I think I read somewhere.

Things are gonna get difficult for the uk, with a hard brexit imo.