| Pyro as Bill said: "Immediate economic disaster awaits if Brexit occurs at the end of the month as scheduled without a deal. Social disaster that awaits if there is anything other than a Brexit deadline extension." - No it doesn't. Anyone who knows anything about trade knows how little an effect Brexit will have. Free trade, lower prices and improved productivity make a country richer (economically) not poorer. |
and that's exactly why ppl say (hard and/or no deal) Brexit is an economic disaster, because it means the UK would be canceling free trade agreements (which is a grave understatement, as "no trade barrier" agreements are a hundred times better than FTAs) with 27 of their closest neighbors, cancel a further 4 FTAs with the EEA states, cancel all existing FTAs the EU has (Canada, Japan, South Korea, Singapore, Vietnam, Switzerland, the 50 poorest nations, ...) all in one fell swoop
a hard Brexit means significantly, significantly, significantly less free trade for the UK, as the EU represents the biggest network of free trade agreements ever in existance
Last edited by Lafiel - on 21 October 2019
