SolarCross wrote:Brexit is nothing at all, if anything a net gain.
Higher unemployment: Demand from other EU countries constitutes around 12% of final demand for UK goods and services and this translates into around 3.3 million jobs.
A loss of GDP of nearly ten percentage points (Treasury, NIESR and the Centre for Economic Performance at LSE).
Currency volatility and financial market reactions: The Bank of England, in particular, has warned that Brexit will result in financial instability that could have damaging macroeconomic effects because of the financial openness of the UK.
It will accentuate inequality: The burden of Brexit will fall more heavily on low-income households (NIESR)
"All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred and schizophrenia" Orwell
E l/r -10 : L/A -7.64