This is a most extraordinary blog post by Pete North, a long term Leave campaigner and formerly respected by both Leave and Remain voters for realistic and well thought out proposals for how to achieve leaving the EU.
He's now saying that to leave with No Deal will be a complete and utter disaster for the UK but that's fine because we'll come out of it cleansed and vastly improved by the experience.
Here's just a taste:
In the first year or so we are going to lose a lot of manufacturing. Virtually all JIT export manufacturing will fold inside a year. Initially we will see food prices plummet but this won't last. Domestic agriculture won't be able to compete and we'll see a gradual decline of UK production. UK meats will be premium produce and no longer affordable to most.
Once food importers have crushed all UK competition they will gradually raise their prices, simply because they can. Meanwhile wages will stay depressed and because of the collapse of disposable income and availability of staff, we can probably expect the service sector to take a big hit thus eliminating all the jobs that might provide a supplementary income.
Across the board we will see prices rising. There will be some serendipitous benefits but nothing that offsets the mass job losses. We will see a lot of foreign investment dry up and banking services will move to the EU. Dublin and Frankfurt. I expect that house prices will start to fall, but that's not going to do anyone any favours in the short to mid term.
peterjnorth.blogspot.co.uk/2017/10/i-dont-like-this-brexit-but-i-will-live.html#disqus_thread
Comments are interesting to read, too.
It strikes me that this is not a great deal different from Remainer predictions; which are always dismissed as fanciful.
