News and information from Europe πͺπΊ
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This leaves Britain as a rare modern case study: a rich country that deliberately raised barriers to trade and cooperation and paid the price.
Iβm not convinced yet. Please, would another country with an even bigger GDP deliberately raise barriers to trade and cooperation?
Hold my bear...
-Trump
I wish he had a bear. It might maul him.
Trump can't spell, I totally didn't make a typo!
A man who stands by his typos is worthy of my friendship.
Quiet, you
It is also a flashing red warning to any country flirting with economic nationalism, trade wars or the fantasy that sovereignty can replace integration.
I don't think any other country would be so stu-... Oh, wait a second.
Cambridge Analytica comes for us all.
Canada! Run for it!
Why aren't the pro-brexit people being shamed? Stripped of their wealth and made to spend the rest of their miserable lives doing community service?
uh, because it was a referendum of the people and 17 million xenophobic idiots voted for it.
True, but also the dimwits who didn't vote at all only discovered their moral superiority the day AFTER the vote.
I guess because most of them have taken their cash and moved away (like this Dyson guy for example)
For a decade, Brexitβs defenders have insisted the warnings were exaggerated and the pain temporary. The latest evidence shows the opposite. Brexit hasnβt been a one-off hit followed by recovery β it has quietly, relentlessly drained the UK economy year after year.
The headline numbers are brutal. UK GDP is now 6β8 per cent smaller than it would have been by 2025 β worse than forecast, not better. That is a permanent loss of national income, not a blip.
Investment has collapsed. UK business investment is 18 per cent lower than in comparable economies, as firms put money on hold or moved it elsewhere. Employment and productivity are both around 4 per cent lower, locking in weaker wage growth and lower living standards.
And as a consequence, people will elect Reform at the next general election.
Yup. Cause if policy born of nationalism and bigotry couldn't solve our problems the first time around, surely we just weren't using enough of it. /s
It's easier to blame immigrants and people on benefits for the problems in the economy, than realise the real problem is the leaches at the top sucking away every spare penny the working class makes.
The landlords, the executives, the millionaires, the billionaires - where do people think their money comes from?
Everything costs more, but not because it actually costs more to make - but because the profits must always go up to fuel the hoards of the wealthy.
Who could have thought that separating yourself from one of the top 3 economies in the world would have negative consequences?
But the rich are getting richer, and that was the plan all along!
Right.
So HOW IN FUCK'S NAME is it that Nigel Farage and his party are leading the polls? You know, the very same Nigel Farage who was pushing the lie and admitted on television the very morning after the referendum that it was a lie?! Help me make sense of this, dear UK!
Truth is we're all screeching baboons. We just covered our asses with garment. We're generous and caring in small groups but incredible stupid and distrustful in large numbers.
"Democracy is by the people, for the people.but the people are retarded"
Yeah, but a bunch of extremely rich people made a lot of money.
It was never about economic stats, right? If the British public poured over graphs and forecasts, they would not have voted for Brexit.
In other words, if you sent this report back in time, Iβm not sure it would make a difference. Itβs all about personal anxieties and feels.
I'm not really disagreeing but there was also a big lie in the campaign putting out "we send the EU Β£50million a week. Let's fund our NHS instead" some people definitely bought into the nonsense.
Farage and similar colleagues will no doubt maintain that this is all down to a few impoverished people on boats. Indeed, he's looking to weaken equality right. So clearly, it was the UK women too.
The problem with the pro-Brexit crowd is that they'll never admit fault. The reason Brexit isn't a huge success is down to their own personal vision of Brexit not being implemented, not because the idea was fucking delusional to begin with.
And everyone with half a brain cell has been warning of exactly this since when this Brexit madness started.
I've been referring to supporters of such things as "having 2 brain cells fighting for 3rd place", I may have overestimated.
PROJECT FEAR!!!
I am shocked about how accurate my prediction was back before the election, I predicted that UK would lose about 1% per year over many years, if they voted Brexit.
And here we are now 10 years after the vote, and 8 years after Brexit was effectuated, and the relative decline to non Brexit is estimated at 6-8%.
If UK doesn't manage a free trade agreement with EU, I suspect this will continue for another decade, possibly at a slightly lower rate.
If UK does manage to get a good deal with EU, things will return to almost normal, but the investments that were lost this past decade will remain lost. So UK will continue from the lower level they are at now.
The damage goes beyond the economic, it shattered the UK's soft power. Without that soft power the UK was left at a disadvantage at every negotiating table.
Further, one could argue that the fracturing of UK/EU relations paved the way to today's war in Europe, as almost all attention was pulled onto Brexit and none was given towards declawing Russia.
If there were any real justice in the UK, Farage and the brexiteers would all be up in front of a judge on a charge of treason. That they lied before is forgivable (they may well have believed their lies), but that many continue to do so now given the breadth and depth of evidence is beyond remotion.
Literally can ot interact with this site. Get a pop up about push notifications, No button doesn't respond. Then another pop up. Site's broken. And I'm really sick of wrestling with an entire Internet that's the same.
Firefox + uBlock Origin on Android here. The site works alright.
