Silurian
Deity
- Joined
- Jan 5, 2010
- Messages
- 7,567
It's not about the wool trade, it's about geography and the difficulty of suddenly cutting long-lasting relations. Social (and economic) inertia. History just supplies examples of how trade continues even during or past major wars. Brexit is nothing compared to such wars. Assuming catastrophe for trade due to brexit is excessively alarmist. Drama sells, thus the media and the opinion makers will talk about it. I don't thing that it will go nicely in the first few days, but things will be sorted out quickly. One way or the other, though not to the benefit of those who were most unprepared.
It wont be a catastrophe, we will just pay more for are imports and get less for are exports.
So Britain is screwed, then.
No we will just be poorer.