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Also, every single study bar one, from credible institutions like the London School Of Economics (and indeed HM Treasury), predicted a significant downswing in

Also, every single study bar one, from credible institutions like the London School Of Economics (and indeed HM Treasury), predicted a significant downswing in the UK economy post-Brexit. The lone study is worth paying attention to. It's from a group calling themselves "Economists For Brexit". It proposes that the UK should, post-Brexit, unilaterally scrap all tariffs. Under those conditions, it predicts a minor rise in the UK's GDP, but notes that it also expects "a sharp rise in inequality". So basically, everyone credible who has studied Brexit, including the guys calling themselves "Economists For Brexit", reckon that it's going to make the UK worse in some significant way.

presidente20 10y ago
It depends on the timescales of the predicted problems. I believe the studies predicted choppy waters whilst the UK divorces from the EU (short to medium term) which in my view is likely. However that's not the same as saying that leaving the EU is in principle bad for the economy. Secondly there are plenty of economists that think Brexit will work out fine but that is a somewhat unfashionable view so they keep their heads down. Such is the nature of groupthink. What is it exactly that you think will cause the UK's economic demise?
- thenomad 10y ago
  "plenty of economists that think Brexit will work out fine" Whom? I would be absolutely thrilled to see a credible study which suggests Brexit will be good for the UK.
  - presidente20 10y ago
    Well as I say, they keep their heads down. However as you asked here's a couple off the top of my head: http://www.telegraph.co.uk/business/2016/09/04/britain-can-leave-eu-and-still-thrive-says-stiglitz/ http://www.telegraph.co.uk/business/2016/09/04/britain-can-l... https://www.theguardian.com/business/2016/dec/26/mervyn-king-britain-should-be-more-upbeat-about-brexit https://www.theguardian.com/business/2016/dec/26/mervyn-king...
- gpderetta 10y ago
  Long term, the UK, or what's left of it, will do fine, as it has for the last thousand year. Then again, long term we will be all dead.
  - nthcolumn 10y ago
    Isn't that what the Romans said?

presidente20 10y ago

It depends on the timescales of the predicted problems. I believe the studies predicted choppy waters whilst the UK divorces from the EU (short to medium term) which in my view is likely. However that's not the same as saying that leaving the EU is in principle bad for the economy. Secondly there are plenty of economists that think Brexit will work out fine but that is a somewhat unfashionable view so they keep their heads down. Such is the nature of groupthink. What is it exactly that you think will cause the UK's economic demise?

thenomad 10y ago
"plenty of economists that think Brexit will work out fine" Whom? I would be absolutely thrilled to see a credible study which suggests Brexit will be good for the UK.
- presidente20 10y ago
  Well as I say, they keep their heads down. However as you asked here's a couple off the top of my head: http://www.telegraph.co.uk/business/2016/09/04/britain-can-leave-eu-and-still-thrive-says-stiglitz/ http://www.telegraph.co.uk/business/2016/09/04/britain-can-l... https://www.theguardian.com/business/2016/dec/26/mervyn-king-britain-should-be-more-upbeat-about-brexit https://www.theguardian.com/business/2016/dec/26/mervyn-king...
gpderetta 10y ago
Long term, the UK, or what's left of it, will do fine, as it has for the last thousand year. Then again, long term we will be all dead.
- nthcolumn 10y ago
  Isn't that what the Romans said?