Quote:
Originally Posted by stampsx2
Norway and Switzerland and heck even Canada aren’t in the EU and are all doing quite well. Britain will be fine. Don’t need to be alarmist.
|
Britain will not be fine, it isn't alarmist it is just basic economics, the UK has spent 50 years completely ignoring every other economic sector in order to take advantage of its EU membership, there is no part of the UK economy that isn't dependant on the EU, from auto making, wholly foreign owned and dependant on 60% parts from the EU for every car made in the UK, 50% of the cars going straight back to the EU after a production process that sees those car sub assemblies cross back and forth from Germany to the UK 5 times.
Cars are, incidently, the UK's largest non EU export, car making will be wiped out as a result of Brexit, you see here's the problem, Brexit doesn't just bugger UK EU trade it also buggers UK non EU trade.