Originally posted by vetran
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Previously on "Brexit cost will be four times greater for UK than EU"
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Hilarious
A month into the new relationship, the European commission said the UK’s exit on the terms agreed by Boris Johnson’s government would generate a loss in gross domestic product (GDP) by the end of 2022 of about 2.25% in the UK compared with continued membership. In contrast, the hit for the EU is estimated to be about 0.5% over the same period.
Its like asking an ex husband how his ex wife will be doing after she divorced him for beating her.
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Originally posted by PCTNN View Postwasn't there covid in the EU?
I am as anti brexit as someone can get btw. I think it's horrible and the single worst policy or whatever a country has ever implemented that has impacted me personally.
Just saying the actual impact will be argued for years and you will see a very wide range of estimates.
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Originally posted by Whorty View PostBrexidiots will always have an excuse because they are too scared/dumb to face up to the reality of their failed project.
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Originally posted by Eirikur View PostThis is the excuse the brexiteers will keep using, even though the economy shrunk more than most of Europe and bounced back less than the rest of Europe
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Yes but blue passports are making british people 2.25% happier so that evens it out
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Brexit cost will be four times greater for UK than EU
"Departure to cost EU 0.5% of GDP but UK 2.25% by end 2022, according to first official estimate since deal was agreed
The economic blow dealt by Brexit will be four times greater in the UK than the EU, according to the latest forecasts by Brussels.
A month into the new relationship, the European commission said the UK’s exit on the terms agreed by Boris Johnson’s government would generate a loss in gross domestic product (GDP) by the end of 2022 of about 2.25% in the UK compared with continued membership. In contrast, the hit for the EU is estimated to be about 0.5% over the same period.
Equivalent to lost economic output worth more than £40bn over two years, the commission said that although worse damage had been avoided thanks to the 11th-hour trade deal signed in December, substantial barriers to trade still remained and would come with a heavier cost for Britain."
Brexit cost will be four times greater for UK than EU, Brussels forecasts | Brexit | The Guardian
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