British Bluster

 Talk of the UK ending up with “no-deal” on trade from the EU is rising, but it’s rubbish! Absent a deal, the UK would instantly enter a recession, and by 2030 British GDP would be 10% or $8,300/person lower than with a deal. But, the hit to the EU would also be substantial; 2.25% or $2,000/person. It’s irrational for the UK to suggest it will walk. It can’t afford to.

Share This Post
Facebook Twitter Email

Speak Your Mind


This site uses Akismet to reduce spam. Learn how your comment data is processed.