As a no-deal, hard Brexit becomes ever more likely, the fearmongering of the establishment has been turned up to ’11’ as it appears they have little to no control over the process – no matter what they think – now that Johnson (and his cabinet) are in charge.
And on the heels of a surprise contraction in GDP in The UK, Statista’s Niall McCarthy notes the latest projections for just how end of the world, a hard Brexit will be… A study by Leuven University in Belgium has predicted that 1.2 million jobs will be lost across Europe in the case of a hard-Brexit.
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Unsurprisingly, the study finds that the United Kingdom is expected to be the country that will suffer the most with over 500,000 jobs set to be lost. Germany would also be significantly impacted with just under 292,000 redundancies while France and Italy would lose 141,320 and 139,140 jobs respectively.