| Topic: | Re:Brexit impass | |
| Posted by: | Dennis Bailey | |
| Date/Time: | 09/03/19 02:17:00 |
| After a no deal the following will happen 1) All our products will incur import duties to our biggest market making everything we sell them up to a third more expensive compared to our competitors. As no business can survive being up to a third more expensive a lot will go bust increasing unemployment by millions. 2) Our financial services was fueled by the UK being EU's financial district, it led to many global companies setting up their global headquarters in the UK. The £11 billion that they make would be almost wiped out. As a result of the loss of such a massive amount inflation will increase, and the value of the pound will drop like a stone in water. More companies go bust, more unemployment. 3) To compensate we will start to lower the quality of services that we have right across the country, nothing will escape. Our infrastructure will start to crumble. Roads will not be repaired, buildings will be under maintained, the NHS will be forced to reduce its services, hospitals will crumble and their medical equipment will begin to fail. 4) Boris and the rest of his racist cronies will have won. |