Date: 2023-06-05 08:35 am (UTC)
hairyears: Spilosoma viginica caterpillar: luxuriant white hair and a 'Dougal' face with antennae. Small, hairy, and venomous (Default)
From: [personal profile] hairyears
Experts say... Well, Henig is the trade expert, and he says the trade morass does - at last - have a path to improvement.

The travel correspondent says there are simple measures that could make things better.

...And so on.

It's quite a leap from that, to saying 'Things can only get better'.

There are a number of ways in which Brexit can get much, much worse; some of them have received no press coverage at all.

Start with a money-laundering or VAT 'carousel' scandal, and a crackdown on banking services for sanctioned individuals close to the Putin regime (or the complete isolation of the British banking system if it turns out we're laundering resources used to corrupt the political process in an EU country); step forward to the EU banning all meat imports from the UK due to noncompliance with antibiotics regulations; and ask yourself whether any part of the UK motor industry and supply chain will exist, at all, before the hoped-for (but not yet real) progress in tariff negotiations...

Or, you know, continuing economic contraction until we hit a foreign-exchange crisis, or our debt burden becomes unsustainable.
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