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On an earlier note This from a BBC post would tend to add some weight to Wales Bales' comment about the German Economy (God forgive me )
"With the deadline for a Brexit decision looming next week on 12 April, Ms Kramp-Karrenbauer believes the risk of the UK leaving without a deal have "risen dramatically". This is something German business find no laughing matter.
A recent poll suggested 100,000 German jobs could be affected by a no-deal Brexit.
The BDI Federation of German Industry warned Germany would lose at least 0.5% of its GDP - and this at a time when the German economy is already heading south.
That, I think, is why there is a sudden, noticeable softening in tone when EU leaders speak about Brexit."
Ms Kramp-Kerrenbaur is the leader-in-waiting to take over from Merkel, so we should give her the benefit of some insight to the problem. The loss of GPD to an economy already faltering in an organisation with acknowledged financial and funding problems (recession, Italy and Greek debt problems etc) would have no small affect on the overall economic outlook.
No, i don't make it sound like that. That is the opinion of the new German Chancellor in waiting. But obviously everyone will be affected. I believe one of the reasons France may want us to leave is because we are the biggest critics of the common agricultural policy which was originally conceived to protect french farmers. And as we have seen in the past any attempt to change it has the tractors out in force and the french government caves in and then vetos any change because they don't have the bottle to fight their farmers (Or anyone else history may suggest!)
Get some reading glasses ...
"A recent poll suggested 100,000 German jobs could be affected by a no-deal Brexit.
The BDI Federation of German Industry warned Germany would lose at least 0.5% of its GDP - and this at a time when the German economy is already heading south."
The EU will also have to deal with Trump, who is going to aggressively renegotiate their current trade deal.
We can make a trade deal with the US on the day we leave.
https://www.nationalreview.com/2019/...rump-can-help/
Ok, I'll bite. Let's suppose the forecast of a loss of 100k German jobs due to Brexit is correct. Agree?
German exports to the UK constitute around 6.5% of all German exports. So a 0.5% loss in German GDP would result from a smallish reduction in German exports. So if you take UK exports to Germany, France, Holland, Ireland, Belgium, Spain and Italy and ignore the other UK to EU exports you have approximately 38% of UK exports. Using the same ratio, the loss of those exports would constitute in excess of a 3% loss in UK GDP and 600k jobs lost.
If the Germans are worried, the UK subjects should be petrified ...
I never said it was worse for them than us.
The only reason I posted the comment (By a senior German Politician) was because earlier in the thread when WB said a no deal would hurt the Germans he was ridiculed by people, and it was suggestyed that they would barely notice. The only real point is that it is an ITK German politician saying it, not some layman with a personal opinion.