3 ms·
You realize the same people predicting the destruction of the British economy all had their fingers in the tanking of the Greek economy and/or predictions of gr
by x0x0 10y ago
You realize the same people predicting the destruction of the British economy all had their fingers in the tanking of the Greek economy and/or predictions of growth that were blatant lies? See eg IMF Greek debt sustainability analyses and their continued wild exaggerations of sustainability. So there's plenty of reason to doubt such predictions or assume they are politically motivated.
Recall how EU/Merkel treated Greece, a country too entangled to leave, and note Brown's decision to keep the pound sterling was prescient. That creates plenty of skepticism of the value of the EU.
https://www.imf.org/external/pubs/ft/scr/2016/cr16130.pdf https://www.imf.org/external/pubs/ft/scr/2016/cr16130.pdf
- all2well 10y agoThe thing is, as a result of not being in the euro zone, the same sort of situation that Greece is in could not happen. In a way, it's really a disaster to have a monetary union without a fiscal union. However, the main benefit of the EU is the single market, both in terms of goods locally as well as leverage for negotiating trade deals with other, non-European countries. That's going to be what hits them the hardest, because they won't get such a good deal, especially outside the EU
- tigershark 10y agoI posted clear facts that prove behind any reasonable doubt that uk economy will plummet. You can do all the predictions that you want, but if these are not based on facts then I will label them as fantasies and wishful thinking.