The Smaller You Make Your Circle of Trading and Investment Partners, The Smaller You Make Your Economy - the Impact of Brexit

David Frum shares data from an economic study of the effect of Brexit on the UK economy.

"... estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%, with the impact accumulating gradually over time. We estimate that investment was reduced by between 12% and 18%, employment by 3% to 4% and productivity by 3% to 4%. .... these forecasts were accurate over a 5-year horizon, but they underestimated the impact over a decade."

My take? The smaller you make your economy in terms of the scope of your trading partners, the smaller you make your economy in terms of investments, employment, incomes and growth in jobs and GDP.