Will Brexit not be as bad as was feared?

Sunny Disposition

One of the more pessimistic forecasts this week forecast that we could go into recession, but not an extremely deep one. The economists fears seem to be moderating a bit, only last year it was being described as the biggest challenge since independence. Is the Irish economy strong enough now to cope with it reasonably well?

razorblunt

No, of course not. It will be worse.


I say that as someone living in the UK.

kneemos

If only someone knew what the hell was going to happen.

Happy4all

Sunny Disposition wrote: »

One of the more pessimistic forecasts this week forecast that we could go into recession, but not an extremely deep one. The economists fears seem to be moderating a bit, only last year it was being described as the biggest challenge since independence. Is the Irish economy strong enough now to cope with it reasonably well?

It will probably be the greatest disaster since the millennium bug

Harry Palmr

Ireland will probably escape with a "technical recession" ie a six months economic window with no growth. But some sectors will take a hammering, esp certain diary and most meat exports. It'll not be good for the leisure business either if the currency is around parity come next Spring.

Ted_YNWA

Mod

There is a very active thread in Current Affairs on Brexit. Rather than have two light(er) hearted threads, that one can be used.

For more serious discussion there is one in Politics.