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Keyword: brexitdeal

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  • How to Pretend to Understand the Brexit Deal

    10/18/2019 12:28:43 PM PDT · by SunkenCiv · 17 replies
    Barrons (Dow Jones) ^ | October 18, 2019 | Jack Hough
    Much of the discussion has seemed like an egg-centered debate: soft or hard, but it won't be over easy. A soft Brexit means staying closely aligned with the EU on trade, and is favored by Britons who oppose leaving. Hard means a clean break, and that could cost an estimated 9% of GDP cumulatively, along with 450,000 jobs. Pro tip: If a Brexit discussion gets too detailed, scare the other party off by insisting that a hard exit would "force the BOE back to the ZLB with more QE." Just in case your bluff is called, that's Bank of England,...