.
Too early to say.. It will take at lest 5 years to really find out how the UK is doing Post Brexit..
It all depends on how the EU and Britain work and co-operate to limit any damage and peruse a Business as usual approach.
I believe so. As far as which economies were strengthened from the pull out, time will tell.
Its hard to say but I think 'nobody' is the probable answer to your second question.
90% of economists predicted that the UK economy would be weaker post Brexit. Michael Gove, a key Brexit campaigner, could only counter that by saying "This country has had enough to experts". This is a terrible argument comparable with Donald Trump's anti-intellectual and 'post-factual' statements.
The pound has shot down in value due to short term uncertainty but will recover. The strength of the UK economy over the next few years depends upon a number of things, including our post-Brexit deal with the EU.
They are negotiating from a position of strength because they do have a larger total economy and they do not want to risk losing other part of the club if Britain is seen as too much of a success. They do not however want us to feel too much pain because we a still a major trading partner for them and they do not want a UK recession to catch on over the English Channel. Europe has problems of its own (not because of 'socialist overspending' - as un-informed right wingers on here like to argue) but because of the structural failure of the single currency. The Euro was a terrible idea and this played a key role in discrediting the EU and paving the way for Brexit. Even though EU membership itself, was general a good thing for Britain and we never joined the single currency.
Thank you for a thoughtful analysis in answer to my question(s) Burnley. I appreciate it. It sounds to me as if you favored leaving. Have the repercussions of the vote to leave
so far surprised you? Happy Tuesday! :)
Thank you for your answer Adam and Happy Tuesday.
Thank you for your reply BSurf and Happy Tuesday! :)
Thanks Rosie but no, I voted and campaigned for Remain.
I am against the single currency (The Euro) which we have never used. The EU is a somewhat different arrangement which we were part of.
So what's gonna happen next m'dear? How long will the mess remain before things start getting better? Do you like the new PM? Anyway good luck to you and your country. I know from past discussions
that you wish us (my country) good luck as well! :)
