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I'm not sure we can come to any real conclusions about the economic impacts of it until we get well into 2021, even if many businesses have been preparing for i
by nondave 6y ago
I'm not sure we can come to any real conclusions about the economic impacts of it until we get well into 2021, even if many businesses have been preparing for it.
- growlist 6y ago? so you also dispute the parent to my comment then: > Whilst technically true Brexit has been happening since 2016, and people and companies have been making decisions based on it.
- nondave 6y agoI don't disagree that it's _been happening_, i.e. some of its effects have happened already and continue to do so, but I wouldn't want to say "done and dusted, economy's fine" until it's properly happened and we're into 2021.
- nicoburns 6y agoCompanies have been making decisions based on the potential future changes to their economic position. But their economic position hasn't actually changed yet. For many smaller companies there's not actually much they can do to prepare. They're just going to have to deal with the fallout when it happens. It seems to me that a lot of companies have gone with a "let's just carry on with business as usual while we still can" approach, and that they are going to get hit really badly when their product suddenly costs 20% more for a large proportiom of their customers.
- dnh44 6y agoThat's pretty much been our position exactly. Preparing is even more difficult because the final terms of Brexit are still undecided so we don't know what to prepare for. Preparing for the worst possible outcome for me would mean relocating everything (both business and family) to the EU except for staff, whom would no longer have jobs. This is obviously an ass-ache so I'm not going to do that unless I have to. On the other hand living somewhere with better weather could be nice so I'll take things as they come.