You might well think it's idiocy on a slogan and economic suicide, but that's not the whole picture - bailing very quickly would actually have kept up the same supply lines that were in effect but with the imposition of WTO trade rules including paying like 30% more for dinner in the short term. In my opinion the disparity and trade negotiations would have been much more easily worked out from there as it creates a definite base to work from instead of this ludicrous limbo. The time it takes the EU to do anything is a universal weakness of theirs, it's literally the value proposition for that level of democracy, capitalising on it would have been the smart move, it's not that ridiculous.
WTO rules on their own aren't that much of a demon anyway tbqh they've been blown way out of proportion.
Norway option wasn't an option I thought? EU was against it, Norway was definitely against it. I thought it was one the conservative moderates were saying but it never went in front of EU because they'd just burn it?
I think the main mistake that was made was assuming that nobody could pick up our trading needs if we left. It seems to have been the assumption that ~50% of our total trade, the bit we do with the eu is just gone, bamfed out of existence. It doesn't really work like that, we still have that money to spend, just whoever wants the business gets it and we either lose out in quality or we have to take a bad import for a good import. E.g. If Indonesia were to sell us cheap beef in exchange for us buying a frankly overpriced and under-performing 5G infrastructure from them.
WTO rules on their own aren't that much of a demon anyway tbqh they've been blown way out of proportion.
Norway option wasn't an option I thought? EU was against it, Norway was definitely against it. I thought it was one the conservative moderates were saying but it never went in front of EU because they'd just burn it?
I think the main mistake that was made was assuming that nobody could pick up our trading needs if we left. It seems to have been the assumption that ~50% of our total trade, the bit we do with the eu is just gone, bamfed out of existence. It doesn't really work like that, we still have that money to spend, just whoever wants the business gets it and we either lose out in quality or we have to take a bad import for a good import. E.g. If Indonesia were to sell us cheap beef in exchange for us buying a frankly overpriced and under-performing 5G infrastructure from them.