Brexit: Fight or Flight?

tomorton said:
The Bank of England suggested it might take us about 5 years for the economy to recover to where it is today of we undergo a no-deal Brexit.
https://www.bbc.co.uk/news/business-46377309

So the heaviest arguments for and against would seem more political than economic. That's not to devalue political issues, its just that this has always been a political question, not an economic one.
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What do you mean exactly ? Can you elaborate... What economic impact would Corbyn have on England ?

Will May be ousted and Corbyn take over ? I firmly believe Brexit will not happen, you cannot be this incompetent by accident, it is on purpose... May is sabotaging Brexit on purpose
 
tomorton said:
The Bank of England suggested it might take us about 5 years for the economy to recover to where it is today of we undergo a no-deal Brexit.
https://www.bbc.co.uk/news/business-46377309

So the heaviest arguments for and against would seem more political than economic. That's not to devalue political issues, its just that this has always been a political question, not an economic one.
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Bank of England hasn't been right about anything since the 17th century.
 
In Germany there is a (hidden) discussion going on in a political party. A no deal Brexit means that Germany will have to pay over 4 billion euro extra. If there is a no deal Brexit, they want to cut off UK from the whole EU economical market. So no trade agreements afterwards. The EU market will be lost for the UK if that happens. Some smart politicians in the UK know about these risks. That's why they will avoid a no deal Brexit at any price. A no deal Brexit would be the most expensive deal for the UK.
I think it is logical that, if the UK gives a billions euro bill to the EU, the EU will react accordingly. If not they would be idiots.
 
It is all a giant play by now it seems, with everyone knowing there role and going along... As much as my financial interests go hand in hand with Brexit and financial collapse in 2019, Brexit won't happen. It will go to a second vote to make democracy seem legit and the stay will prevail... Keep stalling and put fear in people's hearts for a year about the truth of Brexit, then by sabotaging the deal and pretending we cannot come to a solution, we will need a second vote, by June-July and Stay wins! End of story
 
schweiz said:
The EU market will be lost for the UK if that happens.
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We would retaliate in kind. Which would mean the UK would be lost for Germany though. Since Germany exports far more here than it imports from us, I think they will be the ultimate loser.

schweiz said:
In Germany there is a (hidden) discussion going on in a political party
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Unless they are the govt, no-one cares anyway what 'hidden' discussion is going on. And how do you know this anyway if it is hidden? Is this your political party that you run from your apartment?
 
schweiz said:
A no deal Brexit means that Germany will have to pay over 4 billion euro extra
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Pay to whom btw?

A no deal brexit doesn't mean we would put up tariffs against the EU. We would prefer to keep them at zero assuming the EU does likewise.

Having said that, the EU will not like that since we would also have zero tariffs with other countries in the world which means that EU products are exposed to worldwide competition in the UK market. EU agricultural products would have no chance since they are artificially kept at high prices to protect inefficient EU farmers.
 
Visaria said:
Pay to whom btw?

A no deal brexit doesn't mean we would put up tariffs against the EU. We would prefer to keep them at zero assuming the EU does likewise.

Having said that, the EU will not like that since we would also have zero tariffs with other countries in the world which means that EU products are exposed to worldwide competition in the UK market. EU agricultural products would have no chance since they are artificially kept at high prices to protect inefficient EU farmers.
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Germany will have to pay a higher contribution.

EU will never keep tariffs at zero with a no deal Brexit, that's already very clear.
The EU will lose a small market (UK); the UK will lose a huge market (the entire EU).


Visaria said:
EU agricultural products would have no chance since they are artificially kept at high prices to protect inefficient EU farmers.
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That's very good as most Europeans don't like these subsidies. Too expensive.
 
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