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In reply to the discussion: I can't help but think all of the angst over the UK/EU referendum is a bit overblown [View all]whatthehey
(3,660 posts)6. Well it's certainly going to hit UK businesses
A few points of GDP is likely. But yes it's a panic that, say, Barclays is 25% less valuable than yesterday. The US impact will be much smaller. Minor drop in exports to the UK as the pound is worth less and Brits have fewer of them but no dramatic impact. It's not like the British will absolutely stop seeing Hollywood movies or using soybeans.
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I can't help but think all of the angst over the UK/EU referendum is a bit overblown [View all]
Nuclear Unicorn
Jun 2016
OP
One would think that after all this time economists would have gotten something right, huh?
cherokeeprogressive
Jun 2016
#24
ofcourse problems get more complex. we live in a complex where everyday we add more and more
La Lioness Priyanka
Jun 2016
#34
Just cos he refutes sanders arguments doesn't make him wrong or thin skinned
La Lioness Priyanka
Jun 2016
#33
It signals a recreation of a nationalistic Europe and all the problems that led to WWII rising again
libtodeath
Jun 2016
#4
The basic outcome is that Britons will be poorer, which is going to be pretty bad for the world
Recursion
Jun 2016
#8
Why would they be poorer? Are the people who consume British goods and services suddenly
Nuclear Unicorn
Jun 2016
#9
Consumer demand on either side hasn't changed. Is the EU going to impose an embargo?
Nuclear Unicorn
Jun 2016
#14
There is nothing so unique to British goods that cannot be replicated in the rest of Europe
La Lioness Priyanka
Jun 2016
#16
Why would that happen? Those making these predictions are speaking for a very diverse
Nuclear Unicorn
Jun 2016
#17
There was an OP last night about how the Brits should be made to suffer for their impertinence.
cherokeeprogressive
Jun 2016
#25
Forget trade for a moment, what about the subsidies the U.K. received from the EU?
Humanist_Activist
Jun 2016
#29
It won't stay that way. People act as if this is the final round and we have to compare scores.
Nuclear Unicorn
Jun 2016
#18
If Brexit stands, I think it will be a long time before Britain recovers, if it ever does.
randome
Jun 2016
#19
The EU is little more than a giant currency manipulation scheme. It's nothing
Nuclear Unicorn
Jun 2016
#22