Will The EU Suffer More Than UK From Brexit?

Zero Hedge/Mish Talk: Eight Reasons The EU Will Suffer Far More Than UK From Brexit

The EU would be wise to make a deal with the UK. It will get clobbered in the event of no deal.

Conventional wisdom says the UK will get hit harder than the EU in the event of a no deal Brexit. Conventional wisdom is wrong.

Here are eight reasons the EU will suffer more in both the short and long term.

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WNU Editor: I concur with this analysis but with the following proviso. In the short term the smaller player will always be hurt the most. But in the medium to long term, the benefits of breaking away from an over-regulated and bureaucratic structure such as the EU will be enormous. I now also believe that Brexit will occur without a deal. The EU is not structured to face a situation that it is facing now, and it is too rigid in its thinking to compromise or formulate alternatives.