Brexit

[Bofferbrauer2]

NightlyPoe said:

It's not just the EU that holds all the cards. This is supposed to be the easy part with our nearest neighbors. How do you think we're going to get deals with other large nations when we've squandered trade with our nearest and largest allies?

Other nations aren't going to want to do trade with one of the largest economies in the world?  Why?

Because compared to such economic blocks like the EU, the UK alone is insignificant in that regard these days.

In fact, the whole world is uniting into such economic blocks: The EU, the EAEU (Eurasian Economic Union around Russia), AESAN (South-east Asia), BBIN (Buthan, Bangladesh, India and Nepal), The Caribbean Community, the African Union (still working on the free trade between all member states, though, and containing 4 independent trade blocks), Mercosur (South America)...

In other terms, yes, the UK is one of the largest economies by itself. But the others are, bounded together, stronger economically than the UK is and ever could be on it's own - and thus could very well dictate the terms of a future trade partnership instead of the other way around.

Also, while the UK is a large economy, that doesn't necessarily mean that other countries have much to gain from a trade deal in the first place. But that very much depends on what the countries are trading with already, so I'll leave that open for now.