4 ms·
It has been explained multiple times to several people (Donald Trump, one of them), that for EU countries is impossible to establish individual trade deals, the
by Kurtz79 8y ago
It has been explained multiple times to several people (Donald Trump, one of them), that for EU countries is impossible to establish individual trade deals, they must do as part of a block.
https://www.businessinsider.com/trump-trade-merkel-germany-eu-2017-4?IR=T https://www.businessinsider.com/trump-trade-merkel-germany-e...
It would defeat the purpose of a common market. What stops UK from doing so is EU laws.
But I agree it won't be catastrophic. UK will survive, the EU will survive.
But jobs will be lost in the process, economies will be affected, quality of life will be lowered.
And people voted for this to happen.
- matthewmacleod 8y agoBoth the UK and EU will survive, but I think that’s an awful metric. I have a startup in the UK. We employ EU citizens, sell products and services to EU customers, buy products and services from EU suppliers, and receive EU grant funding. A disorderly Brexit will affect us in unknown, possibly terminal ways. Aside from that personal issue, I t’s possible in the worst case that hundreds of people may die due to lack of medication. The economy will be affected to the time of 10% of GDP over 15 years, by the government’s own prediction. I think that counts as catastrophic.