Everyone except those that keep their money in the British offshore banking system, the real reason behind Brexit as Eu banking regs would have been a big problem. It is estimated that half of the worlds wealth resides in the British offshore banks.
Would you happen to know anything one can read about this? Sounds interesting.
'We're all worse off': Britain is now paying the price to leave the EU
21–30 of 54 posts
Re: 'We're all worse off': Britain is now paying the price to leave the EU
#22[deleted]
Re: 'We're all worse off': Britain is now paying the price to leave the EU
#23Earlier quoted context omitted.
Now you can have an unelected technocrat somewhere in the UK write the standards for your new toaster. Or more likely it'll just be forgotten in the bonfire of regulations and you'll end up dead on your kitchen floor in a warm pool of butter.
Or, even more likely, we’ll just adopt the EU rules anyway as it’s the most pragmatic option but have absolutely no say in how they’re made
That is not a blip due only having recently left. It's due to their main trading partner is the EU and it will remain the EU. To trade with the EU you have to follow EU laws.
I'm afraid the bendy bananas was all FUD. And the "benefit" was chlorinated chickens.
Re: 'We're all worse off': Britain is now paying the price to leave the EU
#24Can somebody from the UK confirm? It's been a hugely divisive topic from what I've gathered in the last years. Are things on average worse, or the same, or better?
Worse, much worse - but it's still unclear how much of that can be chalked up to Brexit vs. the war vs. corona. It was hugely divisive between 2016-2019 but once it dropped off the media's radar people mostly stopped talking about it (before corona).
Re: 'We're all worse off': Britain is now paying the price to leave the EU
#25Can somebody from the UK confirm? It's been a hugely divisive topic from what I've gathered in the last years. Are things on average worse, or the same, or better?
Re: 'We're all worse off': Britain is now paying the price to leave the EU
#26After untold time, money, effort and history put into joining Europe, you’d have thought that tearing the whole thing down would have required best of three votes to exit, or a supermajority, or a 12 month cooldown followed by a deciding second vote, or an “time apart” period before ending the relationship.
Instead all it took was some politicking and a vote and it’s over. Seems a huge flaw in the planning of joining Europe in the first place. I suppose they didn't anticipate brexit as a real possibility.
Re: 'We're all worse off': Britain is now paying the price to leave the EU
#27A lot of the issues listed - high inflation, product shortages, worker shortages, strikes, etc. all happened here in the US and worldwide as far as I'm aware.
Re: 'We're all worse off': Britain is now paying the price to leave the EU
#28UK unemployment is somehow¹ only like 3.5%. To win relative to other countries you need to automate away domestic service and maintenance jobs and put those people in higher paid jobs, jobs related to exports, etc.
I'm going to guess Slovenia isn't passing the UK by making impossibly complex privatization scams that need more people to get other people, their communications or their goods from point A to B, domestically or convince them to pay more for that..
¹ Of course a plan like that excludes the people not seeking work so there are other options.. But the plans you hear from politicians are basically how to make a profit gouging your people for their savings and somehow indefinitely maintain a higher GDP as a result of those internal redistributions of money.
Re: 'We're all worse off': Britain is now paying the price to leave the EU
#29Can somebody from the UK confirm? It's been a hugely divisive topic from what I've gathered in the last years. Are things on average worse, or the same, or better?
As someone who supports Brexit, I always thought there would be greater costs in the short term but getting out of institutional structure of the EU would be beneficial long term, as long as we take advantage of the institutional freedom and try to get onto a different path as a country (investing heavily in science and technology, having a more rational approach to regulation, having an immigration system that attracts great talent while also controlling the borders and thus making the whole thing less toxic).
I haven't overall changed my view as the EU still seems to be on a very bad path as I see it, I can't say I'm hugely optimistic about the UK either though. There are glimmers of hope like the new ARIA institution for blue sky science, but the main political parties are a pretty depressing spectacle.
Re: 'We're all worse off': Britain is now paying the price to leave the EU
#30Can somebody from the UK confirm? It's been a hugely divisive topic from what I've gathered in the last years. Are things on average worse, or the same, or better?
I would say things are worse but it's difficult to disentangle it from the other major events like Covid and the war. Also worth pointing out that the UK's economic stagnation began well before Brexit and goes back to the 2008 crash: https://pbs.twimg.com/media/FvPzCWYXwAEoIRu?format=jpg&name=... . As someone who supports Brexit, I always thought there would be greater costs in the short term but getting out of insti…
It's just surreal to me that brexit is just in the top 3 events in the past few years.