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[quote=Anonymous]A no-deal Brexit will mean that the UK will leave the EU without any kind of trade deal in place, which means it will default to WTO trade regulations.  Right now, as part of the EU, trade can move fairly freely between the UK and the rest of the EU without facing tariffs, customs inspections, etc.  People also can move freely between EU countries, including residing in and obtaining employment in other countries without onerous visa requirements (which helps a lot with labor markets).  Same for service industries -- law firms can operate across multiple EU countries, insurance can be sold across EU countries, etc. without excessive regulation.

If there is a no-deal Brexit, there will immediately be tariffs put into place on all goods moving between the UK to the EU.  All trade goods will be subject to inspections, which will create bottlenecks in trade ports.  Services will stop flowing between the UK and the EU.  UK citizens who currently live/work in other parts of the EU would lose their right to do so (and vice versa).  The UK has said they would immediately get rid of tariffs and other restrictions on goods coming into the UK from the EU, but there's no guarantee that the EU would do the same for UK goods.  So a no-deal Brexit could result in sudden shortages of things like food and fuel (and a host of other goods), skyrocketing prices for imported goods, labor shortages, etc.  The UK will have every incentive to make a deal with the UK, but the UK has a whole lot of incentives not to make a deal with the UK.

Also, there's the Irish border (which I don't understand as well, so if I get this wrong, someone correct me).  Northern Ireland and the Republic of Ireland are two separate countries and for a long time had no formal relations at all.  Over the past 30 years, though, they have re-established ties, and while they still exist as two separate countries, in many ways they effectively act as one (and there are significant cultural attachments to acting as one), and they operate with effectively open borders.  Northern Ireland is part of the UK, though, while the Republic of Ireland is not.  So if the UK leaves Brexit without a deal that would allow Northern Ireland and the Republic of Ireland to maintain their open border, it would sever the two nations again, which is something the Irish would be very upset about.  There is some speculation that Northern Ireland would attempt to leave the UK if this happens to re-establish ties with the Republic of Ireland.

Also, Scotland was a very hard no on Brexit, even during the original referendum.  There's always some level of agitation for Scotland to leave the UK, but not that serious.  If the UK goes no-deal Brexit, however, some are speculating that Scotland might actually initiate a secession from the UK.[/quote]

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