Here’s a prediction - the future of independent Britain is as a vassal state of China.
I’ve heard many arguments on how brexit is not going to be a disaster and many which say it’s going to be great.
The fact is that any exit from the EU will add friction to transactions with its closest geographic partner which it did not have before.
So the best option is that either the brits become a stepping stone for some world power (America/China).
And since recently someone pointed out that “China currently won, America just doesn’t know it yet.” I suspect that the power who finds use in propping up a regime near the Atlantic will be China.
Or it pretends to it’s populace that it’s independent but instead conforms as closely to EU regs to facilitate trade.
Either way, the drop in GDP is guaranteed, it is a matter of how much.
Every drop in GDP Is many thousands upon thousands of jobs that cease to be, its the inability to fund the NHS or repair trains.
Eventually it’s the utter overtake of the country by people who promise the moon but then divide the dwindling spoils.
Now humans think this sounds bad. But it’s not. It’s not terrible/ you aren’t becoming a third world nation.
You just have a GDP reduction. That’s it.
You also get to keep people tout, and fight harder for whatever it is that drove people to vote against their interests.