[rhaps0dy]

Yeah, but long term it will increase GDP due to the UK being able to have better (fewer) regulations than those allowed by the EU. It does require Parliament getting it together.

[TheOtherHobbes]

This is just naive.

The EU is still a major trading partner, and regulatory divergence would kill trade, not increase it.

Elsewhere, the only way fewer regulations would increase GDP would be if the UK was selling goods and services that benefited from lower standards.

It already does that, because tax evasion and money laundering are a significant part of GDP.

But there are very, very few areas in normal international trade where buyers want to see looser regs and lower standards.

As an argument, it's just incoherent.

[colechristensen]

Ok but the current vibe in the UK is Parliament wants to watch you while you sleep so they can judge your worthiness. Not exactly an "efficient regulations" regime.

[rhaps0dy]

Yeah, that's fair. There's hope though!

[JumpCrisscross]

> long term it will increase GDP due to the UK being able to have better (fewer) regulations than those allowed by the EU

Speaking from finance view, the trade from Britain has been moving capital out for years. Not in. The stock market has shrunk,

If real deregulation comes at some point, maybe the curve changes. That remains unlikely, however, given to export anything the UK would have to meet their importers’ (read: America and Europe’s) standards.

(The benefits of deregulation are absolutely swamped by the benefits from trade. This inequality grows the smaller your economy is relative to your trading partners’.)

[advisedwang]

The UK will get 6% GDP recovery from curved bananas alone!

[mmooss]

By leaving the EU, they greatly increased regulation of intra-European trade and labor movement. Both used to be generally open and free - deregulated.

[bad_haircut72]

Enjoy your chlorinated chickens guv!

[rhaps0dy]

I'm vegan, I don't eat tortured animals. Thanks though.

[skywhopper]

It won’t matter if no one can move there to take advantage of this libertarian utopia, which by the way is a bizarre fantasy lie.