Open borders between Britain and Europe have meant that complex supply chains have developed and so roughly half the trade between them is actually goods that are needed to make other goods.
Confidence is the magic that all economies need. Without optimism that today will be better than yesterday, people stop spending, stop investing and economies stop growing. The pictures of trucks queuing for kilometres, chaos at airports and reports of food or medicine shortages will undermine confidence across Europe. This is already starting with warnings that Ireland will face food shortages under a no-deal Brexit scenario.
Who came out with that remark ?
Not Brexit, Morrison.
UK economy is going strong despite the fearmongering.
Wasn’t Brexit supposed to push Britain into a recession?
But it is going to be a disaster for Britain according to remainers which should strengthen Australia’s position, not weaken it.
This is absolutely rubbish SMH very disappointed in you printing this rubbish
The governor is bullish about the economy saying we could see the economy.y improving in coming months and he also hinted at a rate cut next Tuesday.
Sounds like a Costello argument to blame lnp economic mismanagement on an external event. If the economy is not diversified or robust enough who is responsible for the policy failures? auspol
Bluffing🤮
Rubbish
We don’t need Brexit We have the LNP
The Sydney Morning H is at it again... 🙄
How, why ? Who makes this stuff up
Rubbish
Nonsense.
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