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It will have a direct, negative affect on the economy in general and the service sector in particular for the next 5-7 years. Anyone in an occupation affected b
by lucozade 10y ago
It will have a direct, negative affect on the economy in general and the service sector in particular for the next 5-7 years. Anyone in an occupation affected by international trade (not just with the EU but also where the UK was used as a conduit to the EU) will be affected. As well as students, farmers, public sector workers, pensioners. Amongst others.
It has had an immediate effect on me and my co-workers (been working since 4am). It is entirely possibel my job will move to continental Europe some time over the next few years (I may or may not go with it).
It is also entirely possible that it will cause a second Scottish referendum and possibly a Northern Irish one too. My current plan is to agitate for London to secede from the UK. Not sure that'll work though.
- gonvaled 10y agoI feel with you my friend, but your (older?) countrymen have taken a very unpleasant decission, hoping that british exceptionalism will bring everybody ringing at your door. But we in the EU are getting a bit tired of hearing that you brits are so special, and that you deserve this treaty, and that exception, and that you will negotiate a better agreement, etc, etc. Pretty sad and angry today, but you turned out indeed to be quitters. People like you will be the ones suffering the consequences the most, so I wish you all the best!
- lucozade 10y ago> hoping that british exceptionalism will bring everybody ringing at your door My guess is that they are hoping that the economic loss will be short lived and people will want to continue to trade with the 5th largest economy. My objection isn't that somehow we'll turn into a banana republic. My guess is we'll drop 3-5% GDP. It's that building growth in a slow global economy is painful. We've spent the last 8 years going through that pain and we'll just have to do it again. It's like shooting yourself in the foot but without actually being on the front line. Where I have a feeling my view diverge from yours is that the only good reason I see to be in the EU is economic. The single market has been a success and good for the UK. The rest, not so much. I think it's a mistake to leave the EU but not an unqualified one.