So, since the referendum, the British economy is in freefall, the value of the pound is plummeting, and big chunks of the world have decided they're not trading with us until we're out of the EU and renegotiating terms with them. This doesn't look good. My assumption (as someone with half a politics PhD, and next to no knowledge of the industry) is that publishers will be incredibly wary of taking on new authors and new risks, since there's likely to be less money floating around for people to buy books with. They'll release fewer books per year, probably concentrating mostly on their sure-fire existing sellers. Am I anywhere near on the money? Does anyone have any insight here?