No-deal Brexit expected to hurt growth in Europe and beyond

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The British people will see their economy set back by nearly a decade. In the European Union, the economy will shrink by 1.5 per cent over the next decade. As for global gross domestic product (GDP) growth, already beset by a faltering Chinese economy and a protectionist US government, this will wind back to its slowest pace since 2009.. Read more at straitstimes.com.

 

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Indeed EU has to fear nodeal Brexit more than UK. Too arrogant. German style.

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