RE: Where's this post-Brexit crisis, then?

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Where's this post-Brexit crisis, then?

in money •  8 years ago 

It was just scaremongering. There is no way a simple democratic vote could cause a recession. Even leaving the EU won't cause a recession because the UK is a complex economy with lots of strengths. Britain is not Greece.

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It probably won't cause a long and heavy recession. But when it comes into effect, it is likely there will be a small hit. Don't forget, they are only about 6 years out of recession! It is by belief the UK will recover from this quickly, but there will still be some effect, hopefully nothing too severe.

I think any rational person, eurosceptic or not, would agree with that statement. The impact of Brexit really does depend on the type of deal we end up with.