Uk affairs, The Double Lizzie Crisis (Part 1)

One can also have confirmation bias based on the overwhelming amount of evidence that says staying in the EU was the eminently sensible choice and the overwhelming amount of evidence that says leaving it is utter madness advocated by utter idiots.

Which is self-evidently true. So it’s easy to feel smug, and be correct. And it is nice.

You fell for project fear hook, line and sinker. UK economy seems to be doing fine. GBP rebounding, most forecasts have it at 1.30 at year end, employment also ticking along.

Eurozone economy has just as uncertain future as the UK - Italy, Spain, Greece lumbered with unsustainable debt and a currency mechanism they cannot affect to help alleviate same. Look at unemployment in those countries and compare it to the UK.

Unless you’re in the future telling business, your statement above is, frankly, bollox.

Despite the dire economic predictions, which have not come to pass (yet) and at this early point look unlikely to do so, the great british public still voted to exit the EU, for societal reasons, what they view as immigration problems along with perceived Brussels over reach. This is what sickens you, the nationalistic element to it, along with it being against your idealogical views. So, no, you are not correct. To call it utter madness when you have no idea how it will pan out, or how the Eurozone will fare short term is nonesense.

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Em, “project fear” is what your lot engage in, mate. Read your own post for proof.

I really can’t think of any negative aspects to large European countries engaging in insular, xenophobic nationalism. Oh wait.

Enjoy tomorrow’s Daily Mail.

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Will do mate.

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The Brits are fucked short term, the EU has basically admitted they are going to shit all over it in negotiations. Long term they might be better off though, who knows.

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The currency union seems to be a dead duck. If that was ditched and a pre-90s arrangement returned then there would be reason to believe the EU could regain its stability and popularity. Unfortunately the entire institution seems to be in the grip of anti-democratic ideologues who either don’t care or don’t realise that they are bringing the whole thing down.

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Where do you think that leaves us? Genuine question

Ah it’s not great. I’d expect a tit for that trade war with the EU while it goes on, tariffs etc. It’s a huge opportunity for us to reduce our reliance on the UK and replace some of their trade with the EU with our own, but it’s a messy transition. There’s a few industries that will be heavily affected and the real problem is that no one knows what’s happening so you can’t prepare for it

It certainly doesn’t look like a wave of the financial/ insurance sector is going to move here as was predicted. I see this morning that Lloyds are probably going to move to Brussels rather then Dublin

We’ll get our share alright, but probably more through banks that are already based here moving a few extra jobs this way.

Is this not complete insanity from Britain?

Leaving a known entity with massive upside for a complete unknown environment.

Nobody, least of all May, can describe what Brexit actually will look like or the sort of relationships the country will have with others.

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It is a democratic decision. No more and no less . Their choice and time will tell.

Democratic or not, has anybody credible actually come out in favour of it?

Half the dumb cunts thought they were voting to leave NATO

The supposed massive economic benefits of joining the EU have never really materialised and were grossly exaggerated at the time. The UK is a huge economy and they’ll be fine on their own, possibly better off long term, but it’ll be a near term disaster the EU will go out of their way to make sure of it.

We’ve benefited a lot more, we wouldn’t have the clout to negotiate the trade deals on our own that the UK would and we are heavily reliant on our access to the EU market for the FDI investments. We’ve also been dragged kicking and screaming into a modern economy by enforced EU legislation etc. The EU is a positive to us. The Euro is a different story altogether

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The UK has had massive economic growth since joining the EU? In the 70s they were getting the IMF in and 3 day weeks, etc.

Its hardly the EU’s fault all that growth was centred in London?

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Indeed.

True but we just don’t know what Brexit is. Many Brexiteers wanted to stay in the Single Market like Boris, that’s been ruled out by May. She is on a hiding to nothing whatever she does, it’s the worst job of any Western democracy.

The UK [quote=“Thumper, post:2117, topic:19239”]
Its hardly the EU’s fault all that growth was centred in London?
[/quote]

Well you could argue that it is. To compete with the low cost manufacturing in the rest of Europe the UK was forced to pivot to service jobs rather than the traditional industrial ones. Service jobs are based in large cities by and large. So the overall growth is positive and jobs are created etc. but the rural areas are destroyed. That’s why they all voted for Brexit and the Yanks voted for Trump, it might be better on paper but the working & lower-middle class are significantly worse off (or at least feel they are).
It’s very difficult to have an argument about UK’s growth within the EU as you can never establish how they’d have grown outside of it. I’d agree they would probably have been worse off and think they are stupid to leave, but it’s not disastrous.

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The Italians? Why would you measure yourself against anything they’ve done? :joy: