Willis88 wrote:oldage wrote: How do you know a No deal Brexit will hurt us more than the EU? We have never been in this position before. IMO they need us more than we need them.Time will tell but I am confident we will lwave on 31 October.
As a younger poster, with a good grasp of economics I'd say we need them a ton more than they will ever need us.
Just remember we're an island, an island who relies on trade from other countries, a large amount of this trade coming across one border (Dover/Channel tunnel), if we can't get hold of those trade items we're screwed.
Yes Spain will find it harder to sell us their fruit and veg, but it won't affect them as much as us having shortages on shop shelves.
Bear in mind the single biggest market powering our economy - finance - why do the big banks and finance houses love London? Unfettered access to the European markets. We leave with no deal they go to Frankfurt (note who benefits from the no deal there...) and we lose 25% of our economy in one moment.
Too many hard Brexiters are caring about "sticking it to the man", this truly is a cutting off your nose to spite your face moment.
How do you think we managed before we joined?
Do you think that only ‘younger posters’ understand economics?
Admittedly, you probably understand more than I do but do you not think that there are LEAVER economists who have more experience and disagree with your argument?