Results 1 to 2 of 2

Thread: Brexit could cost the UK up to 30 times more than it will gain

  1. #1 | Top
    Join Date
    Mar 2018
    Location
    NC originally from NYC
    Posts
    13,134
    Thanks
    32,906
    Thanked 5,974 Times in 3,976 Posts
    Groans
    51
    Groaned 928 Times in 872 Posts
    Blog Entries
    1

    Default Brexit could cost the UK up to 30 times more than it will gain

    Brexit could cost the UK economy up to 30 times as much as the country hopes to gain back from securing a new trade deal with US President Donald Trump, official figures suggest.

    The UK's Department for International Trade on Sunday evening published its objectives for talks with the Trump administration ahead of negotiations scheduled for later this month


    However, this figure is dwarfed by estimates of the cost of Prime Minister Boris Johnson's Brexit deal.

    A UK government analysis published in November 2018 suggested that a modelled average free-trade agreement along the lines of Johnson's planned deal with the European Union would reduce economic growth by about 4.9% and up to 6.7% over 15 years.


    https://www.businessinsider.com/brex...de-deal-2020-3
    Nationalism is an infantile disease. It is the measles of mankind. Albert Einstein

    America's future is bright, not white

    And it's not surprising then they get bitter, they cling to guns or religion or antipathy toward people who aren't like them or anti-immigrant sentiment



    ברוך השם

  2. #2 | Top
    Join Date
    Feb 2020
    Posts
    72
    Thanks
    2
    Thanked 3 Times in 3 Posts
    Groans
    0
    Groaned 4 Times in 4 Posts

    Default

    Quote Originally Posted by guno View Post
    Brexit could cost the UK economy up to 30 times as much as the country hopes to gain back from securing a new trade deal with US President Donald Trump, official figures suggest.

    The UK's Department for International Trade on Sunday evening published its objectives for talks with the Trump administration ahead of negotiations scheduled for later this month


    However, this figure is dwarfed by estimates of the cost of Prime Minister Boris Johnson's Brexit deal.

    A UK government analysis published in November 2018 suggested that a modelled average free-trade agreement along the lines of Johnson's planned deal with the European Union would reduce economic growth by about 4.9% and up to 6.7% over 15 years.


    https://www.businessinsider.com/brex...de-deal-2020-3


    Wrong. National sovereignty is priceless.

Similar Threads

  1. Replies: 5
    Last Post: 01-27-2020, 07:57 PM
  2. Replies: 0
    Last Post: 01-27-2020, 04:14 AM
  3. OECD Chief says WTO Brexit will be seamless and low cost
    By Grajonca in forum Current Events Forum
    Replies: 0
    Last Post: 01-26-2019, 07:57 AM
  4. Replies: 0
    Last Post: 09-22-2018, 09:05 AM
  5. Illegals cost america $135 Billion a year - I bet it's 3 times that.
    By Text Drivers are Killers in forum Current Events Forum
    Replies: 0
    Last Post: 09-27-2017, 06:30 PM

Bookmarks

Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •