Two things from that. Firstly the ‘experts’ expected up to a 9.5% reduction in U.K. GDP, I said I’d live with 10% but it’s been nothing like that. Secondly, if the report is true then Brexit is the reason Germany overtook Japan. Other than holidaymakers having to show passports I’m still looking for this financial cliff edge……
Reflecting on Brexit, Pete, it's clear that a truthful referendum, unclouded by misleading information, would almost certainly have yielded a different outcome.
The repercussions of that vote extend beyond just the economy, impacting both macro as well as micro factors. Many who were persuaded to vote for leaving now see the drawbacks. Exporters, farmers, fishermen and SMEs across the country are all facing livelihood threatening challenges because of border issues and new import export realities.
Figures like Rees Mogg and Farage profited by shorting the pound, leaving the man on the street to bear the brunt, and lets be honest, that's what it was really about. Benefitting a few and in doing so making life worse for the many.
You can even see certain traumas on GOT, for example, the ridiculous situation of families with a British partner and foreign spouse confronted with post-Brexit uncertainties and being told that they cant come home! A situation that is quite frankly nonsensical. The xenophobia drummed up by the Brexiteers is a disgrace that has caused serious societal issues. The Brexiteers have pushed us into a toxic position that is going to take some healing and education to move away from.
I think its fair and reasonable to say that Brexit is more of an ill-thought-out mess than a well-executed plan, and if you can't see that the cliff edge was the vote then you clearly had your eyes shut.