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Old 12.10.2017, 12:37
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Poll by @SkyData suggests 74% of people think no Brexit deal is better than a bad deal while 26% think any deal would be better than no deal.

So either something will be struck at the 11th hour (as always seems to be the case with the EU) or it'll be no deal.
It is going to be a no deal situation, there is no face saving option for the UK side and as the UK will be a third country, there is no pressure on the EU do patch things up among themselves as the normally do.

The big question is what it takes for them to realise that no deal is the worst deal possible and how do they go about getting back in the room. It is going to be very hard to get any trade deals signed if the major block in the WTO are objecting... no country is going to want to start a trade war with one or more of the big blocks for the sake of the UK, but that could take years to sink in.

Perhaps as Hammond mentioned yesterday the no flights issue or needing to apply for visas to visit mainland Europe....

Perhaps even social unrest as the very people that supported BREXIT start to feel that are not going to get what was promised and take to the streets.

Either which way it is going to be bad news for everyone.
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