3 ms·
No deal is the most probable path now. Everybody is ready for the worst, contingency plans are active, markets have already discounted this. I don’t understand
by atemerev 7y ago
No deal is the most probable path now. Everybody is ready for the worst, contingency plans are active, markets have already discounted this. I don’t understand why media outlets still think that Brexit can be reversed somehow — it can’t, at this point, at least not before fully internalising the consequences.
- HenryBemis 7y agoI fear the same. It is a pity. UK economy will take a big blow, we will just waste 20 years taking a dive and then recovering, just to get back to where we were in 2016. While EU will be thriving, UK will be suffering. I disagree with the referendum result but the people voted and the people's wish must be respected. We also cannot have another vote again and again until we get the result that (e.g.) "I" like. Good night and good luck. And it will be a looooooong night.
- rcxdude 7y ago> I disagree with the referendum result but the people voted and the people's wish must be respected. We also cannot have another vote again and again until we get the result that (e.g.) "I" like. This is not incompatible with avoiding a no-deal brexit. The correct interpretation of a referendum where 52% prefered to leave and 48% prefered to remain is not "leave while burning all bridges possible no matter the cost". There are a multitude of brexits which do not have the same consequences as no-deal and are a far more reasonable interpretation of the referendum (the ideas on how to leave during the referendum campaign ranged from a norway-like deal to negotiating a implausibly good trade deal. No-deal was not a significant part of most campaigns).