Brexit

[Oracle]

Project fear is highlighted by statement of the EU in the last few days: " in the event of no deal , mobile tariffs in U.K. And to uk will leap".It was Immediately countered by the industry statement " nothing will change".
One more empty threat. One thing EU fears is no deal. Their threats will be seen as vaccuous and their leverage will then disappear. They are gambling our chicken liver MPs will never do it.

On the latter point I don't agree. I agree extrication is awkward, it is more a case of whether EU are prepared to cut off their noses to spite their faces. I expect serious trouble after the euro elections. Italys position is irrecoverable. There will be turmoil anyway. We need to be less dependent. They all said it would be armageddon if we did not join the euro, and those who predicted that Armageddon are those who completely missed predicting 2007, and it is those who are predicting Armageddon now.

Chinese companies selling to EU also need to meet CE regulations and in some cases they need to be GMP compliant. But only for EU sales. So alignment is normal for business on export on a case by case basis. We lose the need to comply locally, which is the deterrent to other trade deals.

Corbyn will do far more damage to Britain than Brexit can. I know of many landlords already dumping accommodation and companies moving because of the threat. They would never dare say so publicly because of momentum and damage to sales.

That is a point Oracle. The difference is that none of those countries had complicated trading and regulatory agreements with the EU that were agreed without a thought to how to get out of them.

Your point about the future being bright might be true; or it might not be - anyone who tries to assure you of one or the other is clearly making it up. However, in the short to medium term, things are very likely to be trickier economically speaking than if we stayed in.