The UK is no longer a world economic power. The British colonies have been lost and the commonwealth is not what it once was. World War 1 and World War 2 resulted in the former British empire countries being given independence, and since that time they have developed. (except some like the African banana states).
In 10 years the UK may no longer even be in the top 10 economies in the world.
The East has grown considerably with countries like China and India having double-digit GDP.
The UK is only 60 million people, where these countries have more than 20 times the population size- and the UK needs the EU- at least for now.
If Brexit happens it should happen in the future- and be planned better. The no exit deal is stupid. All the uncertainty has tanked the pound by about 25% over the last 1.5 years. When I go on holiday it is nice converting pounds to another currency.
There should have been plans in place by now- but it seems that the only options are:
1. No deal exist (disaster)
2. Wait and see by extending Brexit as long as possible. Try work out some deals.
3. Cancel the Brexit initiative altogether.
I think the third one is the better option. I do think the public was lied to about Brexit- and it does seem that the House of Lords tried to shaft everyone.
The Bank of England recently said that they expect the effects of a no deal to be worse than the Credit Crunch which wiped off something like 20% of the economy. I don't want to go through a few years of economic decline like the credit crunch again. Once I am rich and I have assets overseas- I will signup with the house of Lords and shaft everyone. . A bit like the chicken runners that either left SA with their money- or swopped their SA shares for overseas shares.