> Regarding your last point: A depreciation of the currency is generally positive for a country. Expensive imports give incentive to use local products (e.g. fo

> Regarding your last point: A depreciation of the currency is generally positive for a country. Expensive imports give incentive to use local products (e.g. food), at the same time exports become more competitive. This is true, however a problem is when you cannot substitute expensive imports with local products. Two obvious examples: Cars and computers. Many computers are priced in USD, so after Brexit many IT departments found they could only buy 9 servers with a budget that was supposed to cover 10 (this happened to us). > However, people voted for Brexit and a lot of them are happy with the result. So this uncertainty won't necessarily lead to less consumption. A lot of them are also very unhappy, it being so close and all. Completely anecdotal, but out of an office of ~60, 2 senior and 2 junior programmers decided to leave the UK post-Brexit. I think brain-drain and it's effects is much harder to predict, but quite damaging in the long run.