Richard North's prediction of "hard" Brexit causing major decline is frankly terrifying 
I do hope he is wrong.
Remember, he is a longterm Leaver,
but wanted to do so in a way that doesn't hammer ordinary people for years,
i.e. some form of EEA / EFTA at least as a transition stage until the last 40+ years can be carefully unpicked
http://www.eureferendum.com/blogview.aspx?blogno=865366** *
Unlike virtually anyone else in the world, though, Davis believes the "technicalities" of negotiating a free trade deal can be completed within the remaining time,
"if the political will is there"
< the mind over matter theory of economics >
....
He thus relegates the transitional period to a matter of implementing what has been agreed
– essentially to allow the French, Belgians and the Dutch to catch up with their administration
[facepalm]
....
Davies: "It will be quite tough to get customs in the right place in two years but it's doable with a bit of money,
but to get the French customs in the same place in two years or the Belgian or the Dutch customs I think will be a different issue, that's why a transition period [is needed]"
....
Doubtless, Mr Davis actually believes what he's saying, so confirming the many warnings we've been getting – direct and indirect – about
our Brexit Secretary being almost totally detached from reality.
....
From diverse sources, though, I get a sense of the mood changing, and not for the better.
Pessimism stalks the land and more as more people now believe that the most likely Brexit scenario is that the UK crashes out of the EU without a deal.
....
Within the last few days, the Financial Times had his Gideon Rachman do a piece outlining our options,
which now seem to be distinctly unpromising.
These range from a limited trade deal where the UK is forced to accept the EU's terms, more or less in their entirety,
to the "no deal" scenario.
But the third humiliating outcome involves Britain realising that there is no good Brexit on offer.
It abandons the whole idea and returns meekly to the EU fold.
Faced with that latter prospect, one can see the "ultras", having largely engineered the failure of the talks,
pushing for a rapid, "no deal" exit.
The effect of that will be to precipitate an economic depression of a scale similar to that of the 20s, if not worse 
The resultant internal strife could take decades to heal – and the economy a great deal longer.
The really scary thing about this is that, as you look at Davis and listen to his simplistic, comforting nostrums, there is not the slightest hint that he recognises the peril that confronts us.
Either we have totally misread the situation, or we really are looking at a man who dwells in an alternate universe.
....
Tailoring the EEA Agreement to fit the requirements of the UK would take most if not all of the time we have left, and we could not finalise the Article 50 settlement until we knew where we were going with the EEA.
....
Even though the advantages of continued Single Market participation are evident and well-expressed here, the opportunity is slipping away in a miasma of delusion and ignorance.
What too few people seem to understand here is that
it is possible for nations to go into a spiral of decline from which there is no recovery.
Of the great empires of the past, we can look to Greece, Rome, Spain and even Austria and Hungary. Where are they now in the global league?
....
while we have been living with managed decline ever since the First World War,
there is no indication that we can survive the effects of a bodged Brexit.
Smaller perturbations have cause greater damage,
so blind optimism is not going to save us.
The writing is on the wall.
The banks are leading the exodus, and the rest will follow.
Altogether, the only result we have seen from May's ascension to prime minister is, one-by-one, for our options to close in 