Nonnie
1 Our GDP according to official figures is likely to be 6% if we leave which is an average cost to each of us of £2000.
The big question in the short term if we left without a deal is what happens to business and consumer confidence – Keynes’ famous “animal spirits.” Pre-referendum forecasts assumed that a Leave vote would mean a big and lasting hit, depressing consumer spending and business investment. In fact, when it became clear nothing much would change in the short term, confidence quickly recovered. If Brexit – indeed, the hardest possible Brexit – becomes a reality, will this time be different?
That is likely to depend on just how severe the immediate disruption to trade is, but also on political developments and public perceptions. There are no economists, or anyone else, who can reliably forecast these. (Independent 3/09/19)
2 My grandchildren will lost the right to live and work in the EU, an opportunity which some of my friends have taken and are happy with.
A bit of a middle class I’m alright Jack attitude don't you think? Especially when the vast majority of the population would never travel to work or live abroad. How many can speak the languages of any of the 27 nations to be able to secure work. Also salaries, employment terms and conditions are lower than here in the UK. Why do you think so many come here to work? this leaving our lower skilled children having to compete in an unfair work marketplace. Anyway Brits with the necessary skills, language and money have always lived and worked on the continent and indeed worldwide. A Berlin type wall will not be built in the channel.
3 Our buying/negotiating power will be greatly reduced as we will be in the position of the corner shop trying to get the same terms as Tesco.
Our ability to buy and sell at terms favourable to Uk enable UK to shop for the best deals worldwide. We may be a small island, but have one of the largest populations within the EU. Currently we have to trade on terms that are applicable to all the nations across the EU making some of our goods uncompetitive. This is mainly as a result of our more beneficial employment terms and conditions. Our sales into the EU have declined quite considerably over the last few years and this is forecast to continue. We need to ramp up trading worldwide to make up for the widening shortfall with the EU.
I have provided links to supporting data on the Leavers thread if you care to peruse.