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iPolitics.ca: Brexit chaos belies Quebec sovereigntist promise of painless breakup
18 January 2019
Long term is worse. "Our best estimate is that GDP per capita will be 6.3 to 9.5 per cent per year lower than it would be if we were to remain in the EU," wrote John Van Reenen, today an economics professor at MIT. "At the mid-point of this range, this means an eight per cent real pay cut: about four years of 'normal' wage gains wiped out in a deliberate act of economic self-harm."