It’s been incredible watching one of the great world powers essentially commit economic suicide. The UK had such a sweet deal as one of the founding members of the EU.
“For the EU on average, the exit of the UK from the European Union on Free Trade Agreement terms is estimated to generate an output loss of around 0.5% of GDP by the end of 2022, and some 2.25% point for the UK,” the Commission said.
It’s been incredible watching one of the great world powers essentially commit economic suicide. The UK had such a sweet deal as one of the founding members of the EU.
The UK wasn’t one of the founding members though. They were denied entry twice by France.
I stand corrected, thank you!
I mean, it’s not great, but it’s also a long way from suicide.
https://www.reuters.com/article/uk-britain-eu-growth-idUSKBN2AB18K