@Gth1234 - why would no deal not work? If we had never joined the EU, we would have no deal. We wouldn't be a basket case, would we?
I really hope you are taking the piss with that reply. Otherwise, your level of ignorance on trade is shocking, and quite frankly, scary.
If the UK had not joined the EU, the UK would have trade deals with all the countries that they trade with, including the EU. You would not be trading on WTO terms with your trading partners. Nobody does as it is not beneficial.
The UK is currently a beneficiary of all trade deals the EU is party to. With no deal, that will no longer be the case and the UK will be on WTO terms until deals are worked out with each and every country they wish to trade with. Deals, other that very basic ones, take years to complete. Deals are also completed with both parties aiming to get the best possible deal they can. That works well if both parties are on a relatively equal footing. However, once out of the EU, the UK will not be as powerful or as influential as the EU, the US, China etc so will be in a worse bargaining position than they are as part of the EU. That makes it unlikely any other country will broker a deal that matches, or improves on, the deal that country has with the EU.
It's just a matter of working hard to make pulling out a success. Failing to work hard makes it a self-fulfilling prophecy.
Right. That's similar to telling a cancer patient that it's just a matter of praying really hard to cure themselves. Failing to pray hard makes dying a self-fulfilling prophesy.
It doesn't matter how hard you work, you cannot magic up several hundred trade deals overnight. It takes time. Lots of time. While working hard to get those trade deals, the UK is operating under WTO terms which will be catastrophic for the UK economy.