There are hundreds of examples to study where a country has left a political union. Typically these are less economically negative than people expect, especially for the leaving party. In a free market, goods and services can be substituted and/or small price changes absorbed. The former can create many opportunities and jobs too! Most clouds have a silver lining. An example were recent Russian sanctions. These were excellent for helping Russia develop their industry for agricultural equipment and farming. Most economic crises come from debt unsustainability and collapse rather than relatively minor changes to trade. The UK will still be able to buy European products and vice-versa.

Just useless discussion that had no depth basis of the insight that were being drawn. Same points being repeated but no substance.

Maybe would have been a good idea to have a European on the panel as ooposed to 4 brits?

HAHAHAHAHAHAHAHAHAHAHAHAHAH what was up with that geezer that decided to DO one with 2 min remaining.

Brussels, and the EU is nothing but a taxation mechanism that depends heavily on the UK more than the UK depends on them. Brexit will cause the UK economy to explode to the upside under their own trade framework. Should Italy do it's own EXIT, the EU will collapse and it should! This whole RV discussion is informative but reminds me of the rhetoric during the US Presidential Election. Trump Won. Trump's actions are getting things done and the world came running to Trump Tower to make deals and overthrow all the previous administration taxation and massive regulation. Same will happen upon BREXIT. Brussels should be dismantled. The UK people did in fact vote for BREXIT---so get it done. The EU will come running for trade and finance from the UK, not the other way around. In fact, the UK should just leave, pay NOTHING to Brussels and do a Trump style NEW trade deal. All new framework that works for the UK, rather than funding the pockets of worthless politicians in Brussels. Nigel Farge says it best and is the smartest guy in the UK. The Art of the Deal is good read for the UK policy makers. The EURO is doomed.

Politics today may be more about who you can buy as opposed to what you can sell. DLS

Where's the charcuterie plate? Brexit must already be taking a hard toll on the UK economy?

Thank you for bringing a topic that is important but hopelessly under covered by the MSM in US. This is what I come to expect from RealVision

IMO Brexit will happen on schedule because politicians on both sides of the channel will cave to the pressure of their business communities. The best move that the UK made was not being part of the Euro. Think how many problems that would have created in Brexit. It was very interesting to learn about the 67% of Parliament needed to call an election. I enjoyed this discussion very much. DLS

No one knows. I just prefer to hold most of my cash savings in dollars as that can go up against the pound regardless of how Brexit pans out. Sterling more or less peaked with UK housing - and that is something facing big headwinds.

more of discussions like this please RV. Italian budget negotiations next?