Damien

We will be able to trade with people but the fifth or sixth economy in the world would suddenly find itself without any of the agreements the other larger, and smaller, economies have to remove tariffs, standardise regulations, ease customs check and regulatory barriers and so on. This is what no deal is advocating.

We will probably sort out some basic ones quite quickly but we would still be adding a lot of barriers to a lot of our current trade overnight.

I don't know what will actually happen. I don't actually think we would go though with a complete no deal Brexit because that seems mad to me. I also think a lot of people assume that because things rarely go wrong in the UK that people think it can't. It seems logical to me that industries which have sold freely into Europe and factories which operate with parts moving back and forth across borders as if it were the same nation suddenly having a bunch of restrictions, extra charges and paper work will have an impact.

I hope you are right.