brexit

when we witness the dooms day predictors of pound due to brexit, one start wondering what happened to those classic economic assumptions. When a system undergoes structural change, it demands a stipulated time frame to realign and reorganise. Let us not jump into the conclusion that pound is having a free fall. Keeping the fundamental economic principle - demand and supply, in a couple of years EU will require UK to create demand outside of its uniform system than UK require EU. Considering most of the industrial production these days take place outside EU countries (except high end industrial production in Germany) , UK's dependancy on EU remain a falsified notion.