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Is a no deal Brexit really a viable option?

It is interesting that all those in government claiming to be experienced business people insist that it is essential no deal must be an option. Surely, as such experienced business people, they must have experienced or observed the following scenario? Company A is entering into agreements with a larger company B for customer contracts to deliver solutions based on combining their products but company A makes some bad commercial decisions in negotiating these contracts. Company A cannot fulfil the contracts because of it's bad decisions. In order to protect its own and the customers' interests company B puts forward a deal to company A to allow it to continue trading as a subsidiary of company B. CEO of company A doesn't like company B's proposal so takes the no deal option. Company A goes bust - its shareholders lose their investments, its employees lose their jobs, company B loses its partner and the customers lose because their contacts either aren't fulfilled or are delayed while company B spends time and money - so company B loses financially as well - looking for alternative ways to deliver: everyone loses but the biggest loser is company A. Substitute Brexit for a bad decision (which a number of us have already given our reasons for believing), the UK for company A and the EU for company B, and no deal is a disastrous option for the UK and its citizens and disruptive for the EU. My understanding is Johnson is a journalist who has never worked as a business person ... Just saying?

Michael Ixer ● 2668d15 Comments ● 2667d