Leaving the EU has reduced Britain’s GDP by up to 8pc, according to a devastating US study
The latest such assessment comes in the form of a paper from the US-based National Bureau of Economic Research (NBER). This concludes that Brexit has reduced UK GDP by 6pc to 8pc, far more than most previous estimates.
Investment is worse off by between 12pc and 18pc, employment by between 3pc and 4pc, and productivity also by between 3pc and 4pc. There have been few more devastating assessments than this.
Well, no shit!
Russian propaganda troll farms amplified British and American racism and xenophobia, leading both countries populations to make utterly disastrous decisions, voting for Brexit and Trump respectively. Putin’s small investment in targeted propaganda is resulting in massive economic and rotational damage to both countries.
Russian propaganda troll farms amplified British and American racism and xenophobia
American techbros platforms gladly accept domestic and foreign money to push false narratives. Democracy crumbling favors them. Blame them too.
That was one of the reasons why Putin got behind it, and made it a “success”.
Brexit AND the two elections of the orange felon/pedophile have been unmitigated successes for Putin.
It’s only now time?
Still time
Who could have seen this coming? It was totally unpredictable?
and russia backed the brexit movement, shouldve known better.
The linked article text is much more lukewarm than the headline.
I was surprised/disappointed tbh. But I think you should resist updating towards agreeing with the headline. Brexit is still too ongoing and close to judge carefully, but in the data it seems like it was washed out by the energy crisis and covid across many statistics, if I’m reading right?
Pah! I think you’ll find we’re tired of listening to experts.
/s
Will anyone learn from this? Will any of the people who were wrong lose credibility? Doubtful.
best we can do is a bailout -western government around the world, probably
Nigel is a POS SVR asset. Another FAFO example of fucked up nationalism and racism. If you dumb bastards want to return, you’re more than welcome to, but I do want to see any shit from UKIP and Nigel can shove off to fucking Moscow.
Interesting to read this in the telegraph. If I recall correctly they were pro leave during the campaign leading up to the referendum.
Yeah, that’s the significant thing for me here. Not what’s being said, but which paper is saying it.
Because they report the news and inform the public … their content just tends to have a four or five year lag compared to reality.
It’s the Torygraph, they deal lightly at best with news and informing the public, which is what makes it very surprising. If they’re reporting it then reality is even worse
They are pro-Tory. The Tories greatest threat right now is being eaten alive by the Reform party. Doesn’t matter if the Telegraph have to take a hit, blaming Farage not the Tories for the economy is worth it.
Brexit never shoulda happened, there I said it
I mean, it’s been pretty clear for a while now. Side question, why use “pc” instead of “%”? A bit confusing.
