Quote:
Originally Posted by nomadking
The size of the economy doesn't really mean anything. If depends on what and how much you export to them. A possible 0.2% increase in GDP isn't much when you balance it out against import duties that are no longer going into the EU budget.
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Of course the size of an economy you have a free trade deal with matters! It's Brexit logic to imply the potential of a free trade deal with a poor economy is of equal potential to a strong economy.
I suppose that might be the future for us though!
The EU will inevitably take some hit from Brexit, but it also knows we will too and it can hold out longer. We could hit real supply side problems within days of Brexit. That gives them leverage.