Reply to post: Re: @disgustedoftunbridgewells

Thanks, Brexit. Tesla boss Elon Musk reveals Berlin as location for Euro Gigafactory

Anonymous Coward
Anonymous Coward

Re: @disgustedoftunbridgewells

How do you work that out?

By using simple logic and common sense. As a member of the EU the UK is a party to 36 free trade agreements already in force, an additional 10 trade agreements (with 44 countries) provisionally in force, two agreements signed (but not in force yet), and another four agreements (with 26 countries) negotiated but not yet signed.

When the UK leaves the EU, it will lose *all* those trading partners over night. If the UK leaves the EU without a deal, it will additionally lose the ability to trade freely with the remaining 27 members of the EU.

If you honestly believe that that represents a better economical situation than the UK currently enjoys, you're naive at best, and delusional at worst.

Yes, the UK will be able to make its own trade agreements with those nations, but that will take time. A lot of time - decades, probably. And any agreements the UK does manage to make will be made by negotiating from a substantially worse position than that of the EU.

You can cry and blame the lack of leaving on the economical impact of Brexit all you like, but at the end of the day that's simply ignoring the facts of the matter: Brexit is bad for the UK.

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