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.

Here’s an interesting piece of information that may challenge your “UK still has a British Empire”:  other countries in Europe just don’t care enough to worry about a deal.  Why would they?  The EU may be 50% of the UK’s trade, but the UK is only 3% of any other county’s trade.

The rest of the EU forgot that  Brexit happened within a week...  they just need to get stuff moved from London to Frankfurt in an orderly fashion.

Brexit hasn't even happened..

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

GB pays about 10 billion pounds more into the EU than they get back every year - a major economic boost if they can keep their money in the future.

Total uk tax take is 745bn, so 10bn is about 1.5%.  For reference, the NHS alone is over 20 Times that....

It’s normal for the stronger economies to contribute within a trade union. 

And 10b is NOT a lo5 fo4 an economy the suze of the UK, in a year (0.3 percent.)

This is certainly a joke, right? Brexit hasn't happened yet lol.

If this is how the pro camp thinks, then no wonder they voted for it.

That is the equivalent to ca. 60 billion $ every year for the US, which could fund 4 border walls every year. I heard some consider that just 'too expensive'.

Also you get back "between £5bn and £6bn a year." from British farmers get money from the Common Agricultural Policy.

Also about 1bn of that, goes to Aid efforts around the world. When you pull out of EU, will you stop sending Aid to countries that need it?

(UK Government’s target of spending 0.7 per cent of Gross Domestic Product on aid. = money spend either way)

So now you see 7bn out of 10bn, is already gotten back/used anyways.

That last 3bn you lose, you probably make back in otherways.

like this: you get access to the single market, which they say profits the UK by far more than £8.4 billion.

= conclusion, yes Britain sent money to EU, lots of it, but they made back more than they sent.

source: http://www.telegraph.co.uk/news/0/how-much-do-we-spend-on-the-eu-and-what-else-could-it-pay-for/