The Mudcat Café TM
Thread #162855   Message #3883852
Posted By: Steve Shaw
22-Oct-17 - 10:37 AM
Thread Name: BS: Post Brexit life in the UK
Subject: RE: BS: Post Brexit life in the UK
We'll buy more than we sell with an extremely weak pound and on payment of tariffs once we leave. It will all soak up that mythical "eleven billion saving" and more, especially when you factor in the fact that our economy has been in limp mode since the referendum. And just wait for the massive hit on our service sector, about which you and the brexiteers are being suspiciously quiet.

We do not trade under WTO rules with non-EU countries as we will have to once we leave, not to speak of the tariff barriers with the EU that'll spring up. We will desperately have to make new trading deals with countries a lot less desperate than us to do deals (the US, for example) and we will have to stick to the rules about level playing fields for tariffs. Brave faces don't butter no parsnips, Keith.