Probably the same as Britain, which didn't suffer any economic damage from leaving the EU. Look at current trade ratios, GDP and other core stats vs neighbouring France. No difference.
The EU single market is apparently not as important as it's cracked up to be. The EU has sanctioned Switzerland before and it didn't matter. And the Swiss economy is very strong.
One of those is an island, the other is a landlocked country that would quite literally starve to death if the EU decided to stop facilitating its access to international markets.
Switzerland exists purely at the mercy of the EU, it lacks the military capabilities to fight its way out to the sea and force an alternate reality.
The day Switzerland is able to conquer the north of Italy is the day they get to meaningfully negotiate with the EU.
Uh, that escalated fast! I really hope you're not European with threats like that.
EU tried all this bullshit with the UK too. Threatening to cut off electricity supplies and so on. The mask really fell, but in the end they didn't do it, they didn't even respect their own supposed red lines like cooperation on academic research. They meekly invited the UK back into their academic collaboration a few years later despite claiming at the time that it was a "privilege" tied to everything else by the laws of physics. So the idea an organization that weak is going to try and genocide an entire country over FoM is ridiculous.
At any rate, there's nothing about being an island that automatically stops a crazy genocidal EU trying to starve another country. If I recall history correctly, less than 100 years ago a big European country was attempting to starve Britain to death by systematically sinking its cargo convoys. Then just a few decades later east Germany was trying to starve Berlin by shutting down rail links. Note: both attempts failed.
only there are several studies like this:
"These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%"
https://www.nber.org/papers/w34459
If you read them carefully, you'll find no such studies are using a valid methodology. It's not a hard question to answer either, just compare like with like.
I guess? I mean, I'm sure there's a non-zero number of companies that relocated HQ on paper as that's easy to do, but it doesn't show up in GDP or trade stats. There aren't any problems with imports/exports either. Actually trade ratios between EU/rest-of-world have continued on their long term trend, you wouldn't know anything had happened if you look at the zoomed out view.
There was transient disruption around the time of exit, which might be where those stories you remember came from? Maybe someone found a photo of an empty shelf and blamed leaving the EU instead of COVID for some reason. But forms and stamps aren't very effective weapons and people quickly adapted to the new systems.
Brexit is one of those topics that resulted in a firehose of propaganda by the pro-EU global establishment because what it represented terrified them. It undermined deeply held visions of the future in which all of humanity was destined to be united under one world government. So you can easily find a long string of false or nonsensical claims about it if you look. For example, there are a bunch of academic papers claiming economic impact from Brexit. But if you look carefully, they show a loss of growth vs fictional countries that don't exist, or they assume the EU would have experienced sudden dramatic growth out of nowhere and stuff like that. It's all just sophisticated forms of lying.
Probably the same as Britain, which didn't suffer any economic damage from leaving the EU. Look at current trade ratios, GDP and other core stats vs neighbouring France. No difference.
The EU single market is apparently not as important as it's cracked up to be. The EU has sanctioned Switzerland before and it didn't matter. And the Swiss economy is very strong.
One of those is an island, the other is a landlocked country that would quite literally starve to death if the EU decided to stop facilitating its access to international markets.
Switzerland exists purely at the mercy of the EU, it lacks the military capabilities to fight its way out to the sea and force an alternate reality.
The day Switzerland is able to conquer the north of Italy is the day they get to meaningfully negotiate with the EU.
Uh, that escalated fast! I really hope you're not European with threats like that.
EU tried all this bullshit with the UK too. Threatening to cut off electricity supplies and so on. The mask really fell, but in the end they didn't do it, they didn't even respect their own supposed red lines like cooperation on academic research. They meekly invited the UK back into their academic collaboration a few years later despite claiming at the time that it was a "privilege" tied to everything else by the laws of physics. So the idea an organization that weak is going to try and genocide an entire country over FoM is ridiculous.
At any rate, there's nothing about being an island that automatically stops a crazy genocidal EU trying to starve another country. If I recall history correctly, less than 100 years ago a big European country was attempting to starve Britain to death by systematically sinking its cargo convoys. Then just a few decades later east Germany was trying to starve Berlin by shutting down rail links. Note: both attempts failed.
5 replies →
only there are several studies like this: "These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%" https://www.nber.org/papers/w34459
If you read them carefully, you'll find no such studies are using a valid methodology. It's not a hard question to answer either, just compare like with like.
2 replies →
So the stories with empty supermarkets, lack of lorry drivers, loss of EU related HQ to mainland or Ireland were all fake?
I guess? I mean, I'm sure there's a non-zero number of companies that relocated HQ on paper as that's easy to do, but it doesn't show up in GDP or trade stats. There aren't any problems with imports/exports either. Actually trade ratios between EU/rest-of-world have continued on their long term trend, you wouldn't know anything had happened if you look at the zoomed out view.
There was transient disruption around the time of exit, which might be where those stories you remember came from? Maybe someone found a photo of an empty shelf and blamed leaving the EU instead of COVID for some reason. But forms and stamps aren't very effective weapons and people quickly adapted to the new systems.
Brexit is one of those topics that resulted in a firehose of propaganda by the pro-EU global establishment because what it represented terrified them. It undermined deeply held visions of the future in which all of humanity was destined to be united under one world government. So you can easily find a long string of false or nonsensical claims about it if you look. For example, there are a bunch of academic papers claiming economic impact from Brexit. But if you look carefully, they show a loss of growth vs fictional countries that don't exist, or they assume the EU would have experienced sudden dramatic growth out of nowhere and stuff like that. It's all just sophisticated forms of lying.