> Similarly, a little while ago I heard a fisherman talking about how his livelihood suffered as a result of EU fishing quotas, and how he hoped that Britain wo

> Similarly, a little while ago I heard a fisherman talking about how his livelihood suffered as a result of EU fishing quotas, and how he hoped that Britain would leave the EU and let him fish more. He didn’t put it quite that crudely, but that was basically what he was saying. And yet without quotas, the fishing stock would rapidly decline and that very same fisherman’s livelihood would vanish completely. The problem wouldn't just be the fishing stock disappearing. The UK fisherman could start a pricing war with EU fishermen, and that would be followed by an import tariffs war, which would for sure expand to other sectors. The end result? Not good for the EU, but even worse for the UK.