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I'd be astonished the UK gets away with only a 2% contraction following No Deal.  Somewhere in the 5% to 10% range year/year is much more likely.  Any UK JIT source is going to see their business collapse.  Any UK manufacturer relying on JIT parts from a EU supplier will also see their bottom line collapse as they go back to Old School logistics warehousing.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Fri Aug 9th, 2019 at 05:08:39 PM EST
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