Hot Brexit Superthread

Anglophile

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Donald Trump has promised to 'very, very substantially' increase trade with the UK after Brexit. :)
 

Anglophile

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Yes, a no deal should still be a possibility.

Keep the EU fat cats and Irish on their toes.... :sneaky:
 

jpc

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Everyone's a looser as the situation currently stands.
That's the only definite statement that can be made.
 

Bustedshaun

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Duplicitous Leaders first draft produced by the Bruges Group. Being reworked and updated at the mo. If evidenced could be explosive stuff regarding May and Merkel secret stitch up on Brexit,
 

FairstoodtheWind

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Germany’s prestigious IFO Institut has crunched the numbers on the economic impact of no deal on 44 countries and predicted that Ireland would be hit three times harder than the UK by a no-deal Brexit, taking a massive 8.16% hit to their economy. Guido hears that Ireland has been the main EU27 country holding out against any reference to the UK’s basic Vienna Convention treaty rights over the backstop. They may want to seriously reconsider their position after seeing these figures…

However, the Institut also modelled the effect of a “hard but smart” Brexit, where the UK left with no deal but also put in place large unilateral tariff cuts, more or less exactly along the lines of what what the Government is planning. In this scenario, the UK actually faces a smaller impact than the EU – they forecast a -0.5% impact on the UK compared to -0.4% for France and -0.48% for Germany, and -0.6% for the EU as a whole. Ireland is still by far the biggest loser, taking a -5.39% hit, ten times the size of the UK…

In their sector-by-sector breakdown, they find that the UK would actually receive a major boost to certain sectors in a “hard but smart” Brexit, with electrical equipment up by 3.7%, machine manufacturing by 8.4% and pharmaceuticals by a whole 8.7%. EU sectors lose out across the board…

 

TheWexfordInn

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Conservative party Remianer-in-Chief Kenneth Clarke admits that the UK would weather a no-deal Brexit after some short term chaos subsides:

Mr Clarke, a Remainer rebel ringleader, said he could try to dramatically topple the next Tory PM if he thinks they will take Britain out on a no-deal.
But he admitted the British economy will still grow if the UK crashes out of Brussels.
He said: “We’ll have some short-term chaos if we literally have no deal.
“But you’re going to have to suffer short-term technical agreements to make sure your aeroplanes can take off, your medicines don’t run out, your food doesn’t run out.
“I don’t think the economy will collapse. We might have a short-term recession because the Bank of England are going to have fun dealing with confidence in sterling and so on in the immediate aftermath.
“In the longer term, the economy will still grow.”
MP Ken Clarke to quit after 50 years — as he admits Brits CAN survive No Deal
 

darkhorse3

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Conservative party Remianer-in-Chief Kenneth Clarke admits that the UK would weather a no-deal Brexit after some short term chaos subsides:


MP Ken Clarke to quit after 50 years — as he admits Brits CAN survive No Deal
Boris has assured the British public that whatever happens there will be no shortage of drinking water post Brexit.
That must be very reassuring
😯😯

 

GodsDog

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