HMS Queen Elizabeth wrote:All the people saying that we should expect no effect one year after the vote because nothing will happen until we actually leave said that the stock market drops one minute after the vote were due to Brexit. Make up your god damn minds.
The stock market dropped one minute after the vote because of the Brexit vote, and inherently, the implications of Brexit therein.
"We didn't think this would happen oh shit, now the bad things will start to happen"
Then obviously, everyone realised we could scramble to get business as usual for two years before we came out, and that's basically where we are. We don't even have a deal. I imagine the terms of any deal being finalised, and indeed the ejection date, will both lead to minor or severe economic shocks (classifying the June 24th market reaction as "severe") and the question will be in the sustained length of such a reaction.












