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A comment on We need to be wary of narratives of economic catastrophe. Parent comment
1991: "Russia needn't worry, lots of countries have market economies and do just fine."
As though the structure of the British economy and trade activity hasn't been shaped by decades of EU membership.
Things won't be as they were in 90s Russia, but living standards will drop once exports are priced with WTO tariffs, and ditto for imports.
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1991: "Russia needn't worry, lots of countries have market economies and do just fine."
As though the structure of the British economy and trade activity hasn't been shaped by decades of EU membership.
Things won't be as they were in 90s Russia, but living standards will drop once exports are priced with WTO tariffs, and ditto for imports.